A salaried individual or a self-employed professional, or a business owner, it get easy with Upward Personal Loans. They willWhether you are a salaried professional, a self-employed individual, or a business owner, meeting your financial goals is simple with Upwards Personal Loans. Upwards offers unsecured, collateral-free personal loans up to ₹5 Lakhs with minimal paperwork and instant digital approval.
With competitive interest rates starting as low as 9% p.a. and flexible repayment tenures up to 60 months, Upwards provides an accessible lending solution for medical emergencies, home renovation, weddings, travel, or debt consolidation.
Upwards Loan Details
Upwards provides quick and flexible funding to support your immediate personal and business financial needs. Below are the key details for Upwards personal loans:
| Loan Parameter | Upwards Personal Loan Details |
| Loan Amount | ₹20,000 to ₹5,00,000 |
| Repayment Tenure | 3 to 60 Months |
| Interest Rate (APR) | Starting at 9% p.a. (16% to 36% APR) |
Upwards Personal Loan Interest Rates
Upwards offers attractive personal loan interest rates starting at 9% per annum. The exact interest rate offered depends on several key factors, including your credit score, monthly income, existing financial liabilities, and job stability.
| Parameter | Rate / Detail |
| Upwards Loan Interest Rate | Starting at 9% p.a. (up to 36% p.a. max APR) |
Upwards Personal Loan Fees & Charges
When taking an Upwards personal loan, processing fees and additional service charges apply alongside the annual interest rate.
| Fee / Charge Type | Rate / Amount |
| Processing Fee | 2% to 4% of the loan amount + GST |
| Foreclosure Charges | 5% of the outstanding loan balance |
Upwards Personal Loan EMI Calculator
You can use the EMI calculator to estimate your monthly repayment before applying for an Upwards Personal Loan.
Follow these simple steps:
- Step 1: Enter the loan amount you want to borrow.
- Step 2: Enter the applicable interest rate.
- Step 3: Select your preferred repayment tenure.
- Step 4: Check the estimated monthly EMI and plan your budget accordingly.
Your EMI depends on the loan amount, interest rate, and repayment tenure you choose.
Upwards Personal Loan Eligibility Criteria
To qualify for an Upwards personal loan, applicants must meet simple eligibility guidelines regarding age, monthly salary, and credit standing.
| Eligibility Criteria | Requirement Details |
| Age | 21 to 50 Years |
| Employment Type | Salaried employee or Self-employed professional |
| Minimum Monthly Income | ₹20,000 per month |
| Citizenship | Resident Indian Citizen |
| CIBIL / Credit Score | 625 to 720+ |
Documents Required for Upwards Personal Loan
The following list includes some of the documents required to apply for an Upwards credit loan. Keeping these documents handy would help you with the quick application process without any hassle.
- Identity proof: PAN card/ Aadhaar card
- Address proof:: Aadhaar card/ Voter ID/ Driving license
- Proof of income:: Bank statement and salary slip
- Photo ID:: A recent selfie
Comparison of Upwards Personal Loan vs. Other Lenders
Comparing personal loan service providers is typically a good idea. It enables borrowers to discover the best lender for their situation by providing them with a variety of options. It is critical to compare Upwards Credit Loans to those offered by other banks and NBFCs. We have listed the rates and processing fees for some of the personal loans offered by banks and NBFCs below:
| Top NBFCs | Interest Rates (p.a.) |
| Fibe | 12% onwards |
| Paysense | 14% onwards |
| HDB Financial services | 10% onwards |
| Money View | 14% onwards |
| RBL Bank | 14% onwards |
| KreditBee | 15% onwards |
| Muthoot Finance | 13.5% onwards |
| IIFL | 12% onwards |
| mPokket | 22% onwards |
| InCred | 11.49% onwards |
| L&T Financial Services | 11% onwards |
Note: The above mentioned rates are subject to change with the finance market and differ marginally with the respect to the individual banks.
Features & Benefits of an Upwards Personal Loan
Upward loans have a number of key features and benefits, including:
- Collateral-Free Loan: No assets or security required to secure your loan amount.
- Instant Digital Approval: 100% paperless process conducted entirely online or via app.
- Quick Disbursal: Funds are transferred directly to your bank account within 24 hours.
- Flexible Repayment Tenure: Choose comfortable tenure options ranging from 3 up to 60 months.
- Multipurpose Loan Usage: Use funds freely for medical costs, education, travel, or home renovation.
Upwards Personal Loan Types
The two different types of personal loans that Upwards provides can help anyone achieve both their personal and professional goals. Self-employed folks have access to both term loans and personal loans.
Upwards Personal Loan For Salaried
Upwards offers salaried people credit for any private use. These loans are available to borrowers for a variety of purposes, including debt consolidation, education, home repair, emergencies, medical expenses, wedding costs up to 2 lakhs disbursed in 24-48 hours, and more. These loans range in length from six to eighteen months.
Independent Contractors: Upward Term Loan
With this loan, Upwards offers financial services with customizable terms to independent freelancers. This is specifically intended to aid their progress and quicken corporate growth.
Steps to Apply For Upwards Personal Loans with Buddy Loan
Steps To Apply For a Personal Loan with Buddy Loan
- Step 1: Visit buddyloan.com or Download & install the Buddy Loan app(Android or iOS).
- Step 2: Open the personal loan application page. Provide the mobile number and enter the received OTP.
- Step 3: Specify the desired loan amount & personal email. Next, choose the Personal Loan option.
- Step 4: Choose the employment type (Salaried, Self-Employed, or Student) and the salary mode (bank or cash).
- Step 5: Enter your work details (Including company name, years of service and Designation)
- Step 6: Enter your personal details (Including Full Name, PAN, address DOB & Gender)
- Step 7: Provide your communication address, and income details and Click the ‘Submit’ button.
Ready to take the next step? Apply for a personal loan now!
Loan Repayment for Upwards Personal Loan
The key repayment procedure entails the borrower returning the borrowed funds to the lender. Borrowers often pay off their debt in a set period of months through monthly installments.
The loan repayment timeline can be customized depending on the loan type. A borrower can repay a personal loan by making online payments through the company’s website or loan application; further choices include EMI transfers and prepayments.
Regular and timely payments are critical since they improve credit scores and indicate a person’s financial dependability.
Upwards Personal Loan Customer Care Number
If you have questions regarding your loan application status, interest rates, EMI deductions, or account details, you can contact the Upwards customer support team through the following channels:
| Customer Support Channel | Contact Details |
| Helpline / Support Phone Numbers | 022 4970 6799 / 87-22-22-17-17 / +91 72270 49829 |
| Support Email Addresses | care@lendingkart.com / grievances@go-upwards.com / android@upwards.in |
| Registered Corporate Office | Office 3 Connekt, 401/B, 4th Floor, Silver Utopia, Cardinal Gracious Road, Andheri East, Mumbai Suburban, Maharashtra – 400099 |
| Official Web Portal | https://upwards.in/ |
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