Apply for a Upwards Bank Personal Loan
50k+
Happy Customers
₹1000 Cr+
Happy Customers
35+
Banks and 7 NBFC
Upwards Instant loans in 3 easy steps!
- Fill in Application Form
- Get Approved in 20 sec - 120 minutes
- Digital Signature & e-NACH Setup
Why Choose Upwards?
- Disbursal In 24 Hours
- No Physical Document Required
- No Home & Office Verification
- Flexible Payment Tenures
Eligibility:
- Minimum Age: 21 Years
- Salaried Only (Proprietor Ship / Partnership / LLP / Pvt Ltd. / Limited Company / Govt.)
- Minimum In hand Salary (25,000 for Tier 1 City & 20,000 for Tier 2 & 3 City)
- Minimum cibil Score is 680
- Mode of salary Online by NEFT (no UPI / no IMPS / no Cheque / no Cash)
- Maximum relevant CIBIL enquiries: 8 (In last 1 Month)
Loan Terms:
| Loan Amount | Ranging from Rs. 25,000- Rs. 5,00,000 |
| Annualised Interest Rate | Ranging from 18% to 26% (Reducing) |
| Repayment Tenure | Ranging from 12 to 48 months |
| Processing Fees | 2-4% of the loan amount |
Document:
- Address Proof: Aadhaar Card / Rent Agreement / Voter ID Card Ration Card/Electricity Bill/ Passport, etc
- Identity Proof: Aadhaar Card / Voters ID / Passport / Driving License, etc
- Photo
- Pan Card
- Last 1 months Salary Slip
- Bank Statement for the last 3 months
Example:
Personal loan of 5 lakhs at an interest rate of 10.5% for tenure of 5 years, the EMI will be 10,747. The total pay out here would be:
- Principal Amount: 5,00,000
- Interest Charges (@10.5%): 1,44,817
- Loan Processing Fees (@2.5%): 12,500
- Documentation charges: 500
- Amortization Schedule charges: 200
- Total Amount paid after 5 Years: 6,58,017
- *Interest rate and processing fees varies as per your product depending on the lender's policy.