An upward personal loan is a fully digital-based loan facility. You can get up to 3 lakh personal loans that can be used for home renovation, medical expenses, new car purchases, or other needs.
The loan amount comes with up to 60 months of repayment tenure. Interest rate starts from 9% to 32% per annum.
Upward Personal Loan Quick Recap
| Loan Amount | Up To 3 Lakh |
| Interest Rate | 9% – 32% p.a. |
| Tenure | 12 – 60 month |
| Age Required | 21 years or above |
| Income Required | Rs. 21,000 |
| Processing Fees | 2% to 4% of the loan amount |
| Who Can Apply | Salaried Person |
Benefits of Upward Personal Loan
100% Digital: Upward provides fully digital instant personal loans. This is a 100% digital process. You can apply at home.
Minimal Documents: Don’t require too many documents to get the loan. Essential KYC documents & income proof are needed to apply.
Affordable Interest Rate: Upward comes with a lower interest rate starting with 9% per annum.
No Paperwork: This is a fully digital process. You are not required to submit hard copies of documents—upload documents at the time of loan application.
Flexible EMI: Upward offering flexible EMI tenure from 12 to 60 months. You can select an easy repayment option as per your needs.
No Guarantor Require: Upward doesn’t take any guarantor or co-applicant to apply for a personal loan. It is a fully collateral-free loan.
Also Read: Fi Money Personal Loan
Upward Personal Loan Interest Rate, Fees & Charges
| Interest rate | 9% to 32% per year |
| Processing Fee | 1.5%-2% of the loan amount |
| Late Payment Fee | Applicable |
| Defaulter penalty | Applicable |
| Minimum Loan Tenure | 12 months |
| Maximum Loan Tenure | 60 months |
Upward Loan Eligibility Criteria
Just required basic eligibility criteria to apply for an Upward loan:
- Indian Citizen
- The age should be 21 years or above
- Net salary required Rs. 20,000
- CIBIL Score required a minimum of 680+
Documents Required for Upward Loan
- Selfie picture
- Aadhaar Card
- Pan Card
- 3-month Salary Slip
- 6 Month Bank Statements
- Residence proof (Electricity bill/ phone bill/ Gas Bill)
How to Apply for an Upward Loan
Step 1: Start the application through the “Upward Loan” button.
Step 2: Log in through a mobile number.
Step 3: Submit basic KYC details (Aadhaar Card & PAN card)
Step 4: Now, Upward check your eligibility to get the best loan offer.
Step 5: If you are eligible, you will get the loan.
Step 6: Submit bank details to credit the loan amount.
Also Read: Flipkart Pay Later EMI
Upward Personal Loan Customer Care
Upward does not provide a customer care number. But you can send an Email to reach out to customer service.
Email ID: [email protected]
Office Address:
501-A Pinnacle Corporate Park, BKC Bandra (East), Vill Kole Kalyan, Near Trade Centre Mumbai – 400051.
You can send a letter to the official address. They will solve your queries within 72 hours.
FAQs on Upward Loan
Can I apply for an upward loan without a CIBIL Score?
You can apply for a personal loan without any credit history.
What is the interest rate of an upward loan?
The upward personal loan interest rate comes with 9% to 32% per annum. You will get the best interest rate based on your CIBIL score.
I have a 650+ CIBIL Score. Can I apply for a loan?
You can apply for an upward personal loan with a 650+ CIBIL score. Make sure you do not have any defaults within the last 3 months.
Is it an upward RBI-approved NBFC company?
Upward partner with RBI-registered NBFC company to provide the best interest rate.
Is it an upward 100% digital loan provider company?
Upward is a fully digital personal loan provider with a pan-India facility. You can apply from home.