- Loans upto Rs 3 lakh supported
- Lower interest rate on loans as low as 1.3% per month
- Removed sms and contact data fetching
- Fixed minor bugs and improved UI/UX
💰 Upwards is India’s quickest personal loan provider for salaried individuals looking for short-term loans between Rs.20,000 - Rs.3,00,000. 💰
We provide hassle-free personal loans to all job profiles like teachers, software engineers, accountants, retail store employees, nurses and more who draw a minimum monthly salary of Rs.15,000.
💰 Key Points:
- Interest Rates (APR, Minimum to Maximum): 18% to 32% per annum
- Maximum APR: 32%
- Repayment Period (Minimum to Maximum): 6 to 24 months
- Processing Fee: 2-4% of loan amount
Sample APR calculation: For a loan of Rs. 100,000 at 20% interest rate per annum for tenure of 12 months your one time processing fee (@2% of loan amount) will be Rs. 2000 and monthly EMI will be Rs. 9263/-. The net amount credited to you will be Rs 98,000 (post processing fee deduction) and cumulative amount paid back by you will be Rs 1,11,161/- (=Rs 9263 x 12 EMIs), leading to an APR of 24%
📝 Prominent Disclosures:
- All loans are provided via RBI registered NBFC - 'Upwards Capital' & our other RBI registered co-lending partners eg. ABFL, HDB, Vivriti, Incred etc. (More details here
a. RBI Licence https://bit.ly/3oKV80X
b. Co-lending partner details https://upwards.in/our-lending-partners, https://bit.ly/2MUxqCa)
- We do not provide any pay-day loans or loans with less than 90 day repayment period in accordance with Google Policy.
- We provide full disclosure about our usage of any customer data and permissions at various points in our app (Sample app user journey here https://bit.ly/2O770Or, privacy policy here https://upwards.in/policy)
🎯 Why Upwards - Quick Personal Loans?
✔️ Quick approvals on personal loans
✔️ No collateral
✔️ No Paperwork. Everything from the mobile app.
✔️ Only PAN, Bank Statement & Salary Slips are required.
✔️ Quick loan disbursal in 1 - 2 Days
✔️ Minimum foreclosure & interest rate
🔐 Security & Protection of Privacy:
- Protection of your privacy and your data security is a top priority at Upwards. Our technology complies with mandated security standards and robust protocols which have been tested and certified.
- Detailed privacy policy here https://upwards.in/policy
👍 Eligibility:
- Salaried employee > Rs.15,000/ month
- Age above 21 years and below 50 years
🏠 Personal Loan Available In Cities:
- Mumbai, Pune
- Delhi, Gurgaon, Noida
- Bengaluru
- Chennai, Coimbatore, Tirupur
- Hyderabad, Secunderabad, Ranga Reddy
- Ahmedabad
- Jaipur, Indore
- 30+ more cities
🤝Upwards Quick Personal Loans are for:
- Home construction and renovation
- Family functions & weddings
- Self-improvisation (Skill-training course fee financing, job-related purchases etc.)
- Medical emergencies
- Travel
- Two-wheeler purchase
- Electronic Purchases
- Multiple loan consolidation
📲 How does Upwards work?
- Download and login
- Fill in your loan requirements and employment details
- Upload your KYC Docs, AADHAAR, PAN and photograph
- Approval will be communicated within 48 hours of document submission
- After that, we will process the loan agreement and you will get loan amount
- That's it! You need to pay your EMIs on the due dates once the loan is disbursed.
✔️ Loan Approval Criteria:
- Income-to-Expense ratio
- Demographics (Age, Marital status, Education etc.)
- Professional experience (tenure with the employer, job stability, total work-ex etc.)
- CIBIL Score > 625
- Purpose of your loan and its authenticity
❌Your loan will be rejected if:
- You provide false information about your income and obligations
- Apply for an amount which you cannot afford and comfortably repay
- Past EMI payment (Credit) history is not up to the mark.
📻News and featured article on Upwards loan:
- Livemint: http://bit.ly/2Ndh6Mj
- Inc42: http://bit.ly/2NKgtcD
- ET Tech: http://bit.ly/2MohrGJ
- ET Rise: http://bit.ly/2CUyfpi
- VC Circle: http://bit.ly/2OlAof4
- Deal Street Asia: http://bit.ly/2Ndvy78
