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Upstox

Upstox, started in 2011, quickly became one of India's leading discount brokerage firms, offering low-cost trading services in stocks, commodities, and derivatives. With a user-friendly platform and competitive pricing, it attracted a large customer base, experiencing significant growth over the years. However, in early 2021, the company faced a security breach that compromised the data of millions of users, leading to widespread concerns about privacy and security among customers. Despite this setback, Upstox has continued to expand its services and enhance security measures to rebuild trust among its clientele. Consumer complaints against Upstox have primarily revolved around issues such as platform downtime, slow customer support responses, and technical glitches during peak trading hours. While many users appreciate the company's low fees and intuitive interface, others have expressed frustration over these operational challenges, highlighting the importance of consistent service reliability in the fast-paced world of online trading. Upstox's customer service centre aims to address these concerns by providing prompt assistance and resolving issues efficiently, leveraging both online support channels and dedicated helplines to ensure a satisfactory experience for its users. Those encountering concerns related to Upstox can use our platform to file consumer complaints. With a commitment to providing exceptional customer service, the Vakilsearch team ensures prompt and effective assistance.

Did you know

Upstox, a major discount broker today, was originally known as RKS Technologies. They rebranded in 2016 to focus on online broking and have since become a leader in the low-cost trading space. Interestingly, Upstox is completely bootstrapped, achieving success without relying on venture capital funding.

Loss amount between

₹1 - ₹1 lakh

1999

1499+gst

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Drafting legal notice

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Email & Chat support

Loss amount between

₹1 Lakh– ₹25 Lakhs

3499

2999+gst

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Drafting legal notice

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Email & Chat support

Loss amount between

₹25 Lakh – ₹1 Crore

4999

3999+gst

What you’ll get

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Legal consultation

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Drafting legal notice

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Email & Chat support

Loss amount between

Above 1 Crore

9999

7999+gst

What you’ll get

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Legal consultation

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Drafting legal notice

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Email & Chat support

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Here’s What You Need to Do About Resolving Complaints Online

  • 1. Step 1: Contact customer service, reach out to using phone, email or website

  • 2. Step 2: Communicate the issue, providing details such as booking information, travel dates, and any relevant evidence

  • 3. Step 3: Look into the solution provided by the customer service team

  • 4. Step 4: If you're not satisfied with the initial response we can help you escalate it to the next level.

How to Lodge a Consumer Complaint Against Upstox with Vakilsearch

With the assistance of Vakilsearch, you have the opportunity to request a refund, replacement, or compensation from Upstox . If you find yourself discontented with Upstox , take the step to submit a complaint.

Follow these steps to proceed:

  • 1. Navigate to the ‘File a Consumer Complaint’ page

  • 2. Select the company name as the subject of your complaint, and provide an in-depth account of the issues you've encountered

  • 3. Fill in your personal details and outline the particulars of your grievances

  • 4. Initiate a plea for a refund, replacement, or compensation in relation to the brand

How We Will help you File a Legal Consumer Complaint Against Upstox

  • 1. Step 1: Contact Vakilsearch: Talk to our lawyers to know your legal rights and verify your complaint's legitimacy.

  • 2. Step 2: Explain Your Situation: Describe your issues with this firm, ensuring you provide the necessary evidence and specifics.

  • 3. Step 3: Draft and Send a Legal Notice: We'll draft and dispatch a legal notice on your behalf, and then await the brand's reply.

  • 4. Step 4: Initiate Litigation: If the reply isn't satisfactory, we'll take the matter to consumer court, offering complete support.

Before Initiating a Complaint, Ensure You Complete the Following Procedures

  • 1. First, try resolving the issue through the brand's customer service.

  • 2. Keep a record of all communications, like emails and chats, with their support.

  • 3. Collect and keep essential proofs, including bills, payment confirmations, and relevant photos.

Why Vakilsearch?

Vakilsearch has a track record of helping countless consumers find resolutions. By talking to our wide-ranging legal, social, and business connections, you can voice your concerns and get the solutions you seek.

Legal Network

We can send a legal notice or start a case in the consumer forum on your behalf. Our network is filled with skilled and verified lawyers ready to help.

Social Network

We can help amplify your issues by starting a social media campaign against Upstox, ensuring they take notice.

Business Network

With Vakilsearch, you can quickly get in touch with the right people at Upstox. We have a vast database of companies keen on resolving customer issues.

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Not sure about the packages

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