Upstox Coupon Code

Looking for the Upstox coupon codes? Upstox is one of the leading discount brokers in India with flat brokerage charges of Rs. 20 per trade. This rate applies even to the bigger trade volumes. Upstox offers unique coupon codes and voucher that can help you gain a lot of benefits.

Upstox is your one stop destination for Demat, Trading, Margin Calculators and many more trading solutions.

upstox homepage

Most prominently, it will help you in saving on the costs of opening both demat and trading accounts. You will be able to open a 2-in-1 demat and trading account without facing the hassle of paperwork, or actually visiting their office in person and at a discount.

What are the Benefits of using Upstox Coupon Code?

By virtue of the Upstox coupon code in April 2021, you can avail of the following benefits:

  1. Free brokerage credit of Rs. 500
  2. Free stock delivery
  3. Opening a Demat account free of charges

Keep in mind that this offer is only valid until the 28th of April. In order to avail of these benefits, you need to create a new account via the given Upstox latest coupon code applied link: https://upstox.com/open-demat-account/

You will be able to open a free Demat and Trading account and get brokerage credit of up to ₹500.

upstox coupon code signup page

What Are the Demat Account Charges after using the Upstox Coupon Code?

upstox pricing

As mentioned above, with the help of Upstox you will be able to open a 2-in-1 account that serves as both a Demat and trading account. You can create this account online with the help of an Aadhar OTP. Given below is a tabular summary of the charges.

ParticularsFee/Charges
Charges for opening the accountNone (free for a limited time)
Demat Annual Maintenance ChargesRs. 25 per month
Commodity Trading Account (Optional)Rs. 150

What are the Benefits of Opening an Upstox Demat Account?

You will receive the following benefits by creating an Upstox Demat Account:

  • State-of-the-art charting tools with 107 indicators and studies
  • Highly efficient enterprise-grade trading platforms
  • No brokerage charges for delivery

What is Required for Opening a Upstox Account

You require the following documents for creating a Demat and trading account with Upstox:

  1. Aadhar card
  2. Income proof (for trading in derivatives)
  3. PAN card
  4. Photographs
  5. Your signature, on a blank sheet of paper

With these documents in hand, you simply need to follow the steps listed below:

1. Register on the Upstox Home Page

You need to visit the coupon applied account opening page and click the following link: https://upstox.com/open-demat-account/

Now sign up by clicking the “Open Demat Account” button, and get started with the process of opening your new online Demat and trading account.

You will be able to open a free Demat and Trading account and get brokerage credit of up to ₹500.

2. With the help of OTP, verify your mobile number and start the application

After this, you will have to generate an OTP by filling in your mobile number and email address. Authenticate your mobile number by using the OTP sent to it. Now proceed to provide your PAN number along with your date of birth. This will successfully complete the registration process.

3. Add Your Personal Details

With your registration completed, you will have to provide personal details like yearly income, trading experience, and marital status. It should not take much time, because you simply need to choose from the given options. Go through the taxpayer declaration and click on the radio button to complete the authentication. You can now move ahead with the application process by clicking on the Next tab.

4. Choose your Trading Preferences

In Upstox, you will have the option of choosing the segment in which you wish to trade. You can choose to go with either or all of the given options:

  • First Set – Equity, Equity F&O, and Currency F&O
  • Second Set – Commodity Trading

The first set is recommended for users who are new to the field of stock market investments. There are also two brokerage plans available – the Basic plan and the Priority plan (chosen by default). With a 15x intraday margin and Rs. 20 brokerages, the basic plan is recommended for new traders. On the other hand, experienced traders who are after superior leverage (20x) are advised to take up the Priority plan.

Keep in mind, though, that the Priority plan features a higher brokerage charge (Rs. 30), compared to the same under the Basic plan (Rs. 20). You will be able to alter the plan in accordance with your trading preferences later.

5. Provide Your Bank Details

After choosing your plan, you will have to provide your bank details like the bank branch’s IFSC code and your account number. It is important to mention here that Upstox does not create a trading account linked to payment banks, such as Paytm. You will have to enter details of your private bank (Axis, ICICI, HDFC, Kotak, etc.), or PSU banks (Bank of Baroda, PNB, SBI, etc.).

Just to clarify, these details are needed to link your trading account in order to enable you to transfer funds online to your trading account. Rest assured, Upstox will never share your bank account details with any third party. All your transactions will be carefully encrypted for optimal security.

6. Use Your Aadhar to Authenticate Your Application

You can now use the OTP sent to your registered mobile number to authenticate your online Demat account opening application.

7. Upload the KYC Documents

This final step requires you to upload a copy of all your KYC documents, with the image of your photographs and signature included. Your application will now be completed, and your trading account will be activated within 48 hours. You will receive the login ID and password to your trading account from Upstox shortly thereafter.

The Benefits of Using a Free Upstox Account

upstox coupon code, Image, Gaurav Tiwari

You will be able to get all the benefits from the latest Upstox offers by opening your Upstox account. Notably, you will receive zero brokerage for thirty days and brokerage free trading sans any maximum limit. Other benefits include:

  • Free account opening
  • Free equity delivery
  • Free brokerage credit of Rs. 500 for thirty days

Conclusion

Whether you are a newcomer or an experienced trader, you have much to gain from a Upstox Demat and trading account. It will help you learn a lot about stock market trading, and help you invest wisely in a relatively low-cost structure. It will also help you save on account opening charges by offering coupon codes regularly. As a result, you will be able to embark on your investing journey with little or no charges.

Grab your Upstox coupon code now, and let your venture into the magnificent world of stock market investment begin!

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