Upwards Personal Loan

Upwards is an RBI-registered NBFC that offers affordable personal loans to salaried individuals. Leveraging data science-driven underwriting algorithms, Upwards makes the process of borrowing seamless. Be it debt consolidation or home renovation, with an unsecured Upwards Personal Loan you can finance all your varied expenses without dipping into your savings. You can borrow up to ₹5 Lakhs to meet urgent needs like paying medical bills or funding your child’s education.

Upwards Personal Loan Details

To apply for a quick Upwards Personal Loan, you can visit Bajaj Markets. The entire application process is digital, requires minimum documents and comes with the guarantee of swift disbursals.

Upwards Personal Loan Interest Rates

Making personal loans affordable, Upwards offers loans starting from an affordable rate of just 1.50% p.m. However, depending on your profile, Upwards Personal Loan interest rates can range up to 2.50% p.m. The applicable interest rate for the loan is determined after evaluating your credit score, credit history, age, loan tenure, income levels and employment status.

Upwards Processing Fees & Charges

When applying for an Upwards quick personal loan, you will have to shoulder certain associated fees and charges. We have outlined these charges below:

Upwards Loan: Eligibility Criteria

Applying for an Upwards loan is easy as the eligibility criteria for these loans are quite basic. You can avail of an Upwards quick personal loan if you are:

• An Indian resident above 21 years of age.
• A salaried individual with a minimum monthly salary of ₹20,000.
• A work experience of at least 2-3 years.

Upwards Loan: Documents Required 

Keeping the application process simple, Upwards loans require only minimal documentation to be processed and sanctioned. Here’s a list of documents you should keep handy when applying for an Upwards Personal Loan:

• Identity Proof - A copy of your PAN Card/Aadhaar Card.

• Address Proof -  A copy of your Aadhaar Card/Voter ID Card/Driving Licence.

• Income Proof - Bank statements and salary slips for the last three months.

• Photo ID - A recent selfie.

(Note: Applying for Upwards Personal Loans through the STP programme eliminates the need for banking documents. However, this is an indicative document list and may vary on a case-by-case basis.)

Calculate Your EMI for Upwards Personal Loan

Knowing your EMI burden beforehand can help you plan your finances better and reduce your chances of defaulting. You can calculate your Upwards Personal Loan EMI using the following formula:

[P x R x (1+R)^N]/[(1+R)^N-1]

Where P is the principal amount, R is the interest rate and N is the repayment tenure.

However, using this formula to manually calculate your EMIs can leave room for human errors. Instead, you can use the Bajaj Markets personal loan EMI calculator tool available online. This will help you bypass calculation errors, save time and get accurate results in a matter of seconds.

Features and Benefits of Upwards Personal Loan

Wondering why you should opt for an Upwards Personal Loan? Here’s a list of features and benefits that’ll help convince you:

• Flexible Loan Amount - With an Upwards Personal Loan, you can borrow anywhere between ₹20,000 to ₹5 Lakhs. This gives you enough flexibility to fulfil your requirements comfortably.

• Pocket-Friendly Interest Rates - Upwards Personal Loan interest rates range from 1.50%-2.50% per month. These affordable interest rates keep your EMI burdens in check.

• Flexible Repayment Tenures - You can comfortably repay your Upwards Personal Loan over a tenure of 36 months.

• Minimum Paperwork - Applying for an Upwards Personal Loan is as easy as uploading a few essential KYC documents.

• Same-Day Disbursals - Upwards Instant Loans offer same-day disbursals meeting your need for emergency cash in a jiffy.

• Collateral-Free Loans - Upwards Personal Loans are unsecured loans. Thus, you can apply for these loans without submitting any collateral or guarantees.

• Digital Application Process - Gone are the days when you had to visit brick-and-mortar offices to apply for loans. Now, you can apply for an Upwards Personal Loan online from the comfort of your home. 

• Multi-Purpose Personal Loans - From financing your wedding to clearing medical bills, you can use an Upward personal loan to meet various needs.

Comparison of Upwards Personal Loan Interest rates with other Partner Lenders

* Interest rates are subject to change as per the financial institution’s policies.

Know How Upwards Personal Loans Can Help You

Upwards quick personal loans can help meet various cash crunch situations. Since you can use an Upwards Personal Loan for a variety of purposes, they can come in handy in various ways. From medical emergencies to home renovation, here’s a list of how Upwards Personal Loans can help you:

• Travel: You don’t need to wait years to plan a dream holiday. With an Upwards Personal Loan, you can bridge the gap in your travel funds and head off to your next dream vacation.

• Education: Lack of funds shouldn’t curb your educational aspirations. You can use an Upwards Personal Loan to fund your college or University education in India and abroad.

• Marriage: Weddings are a costly affair in India. From buying jewellery to booking a venue and caterer, the expenses are endless. You can manage these expenses without dipping into your savings with an Upwards Personal Loan.

• Medical Emergency: The unpredictable nature of medical emergencies means we must always stay prepared. However, if you’re financially unprepared for such emergencies, you can opt for an Upwards Personal Loan to ease the expense burden.  

Upwards also offers special personal loans for salaried women. They can avail these loans to meet various requirements like travel expenses, medical bills, or simply to purchase lifestyle items.

How to Apply for Upwards Personal Loans

You can apply for an Upwards Instant Loan on Bajaj Markets in just a matter of minutes if you follow the below-mentioned steps:

• Visit the personal loan page on the Bajaj Markets website.

• Click on the ‘Apply Now’ option.

• Enter your personal details like name, age, income, etc.

• Select Upwards as your preferred lending partner.

• Enter the loan amount and repayment tenure of your preference.

• Once the verification is concluded, your application will be approved and the loan amount will be disbursed to your bank account. 

Upwards Personal Loan Customer Care Details

If you are in need of assistance with your personal loan application, you can contact the Upwards customer care service using one of the following routes:

• Call: You can call the Upwards customer service centre at 1860-267-4777 to register your query.

• Email: You can email your concerns to help@go-upwards.com.