Why I have been charged withdrawals charges but even I haven’t traded on that day. Why there are charges applied over my account. Even after raising multiple tickets there is no response from upstox team. Even multiple charges have been levied for F&O trades. Even there are charges on withdrawal. Then what will be the use.
Ticket ID - 9133421 and 9150712
Hi @MONIK_27259838,
Welcome to the Upstox Community!
For standard withdrawal, there are no charges for placing a Standard withdrawal request. But for instant withdrawal, you can withdraw funds in under 15 minutes after placing a withdrawal request. A nominal fee of ₹23.60 (₹20 + 18% GST) shall be applicable for every Instant withdrawal request placed.
You can read more about it here: Help Center
Hope this helps, thanks.
Why the tickets haven’t been replied
Is there any specific query I can help you with? Let me know, thanks.
Upstox choose to increase their revenue with the help of some silent charges in the name of Charges towards instant withdrawal from March 2025 / April 2025 onward. before that it was free and also on almost every other platform its free of charges or few of them charge half of what upstox is charging - same in the case of auto square off - pledge - unpledged share in case amount wallet have negative balance with less than 100/- . I am posting a new post on the same - an appreciation post for the upstox - how they are working positively in give best returns to their investors/founders (not customer) on the cost of customber. Cheers to Upstox.