How long does Upstox take to process bank mandate for SIP auto-debit?

After you complete the online bank mandate registration process, it can take around T+7 working days for the mandate to be approved. The Upstox team will verify the signed mandate and send it to BSE for registration. The offline mandate can take up to 25 working days to get approved depending on the bank you want to register with. Upstox doesn’t charge anything for registering the bank mandate. However, the bank might charge a one-time fee for registration.