How does Upwards work?

In just 3 easy steps!

  1. Download the Upwards app and log in
  2. Fill in your loan requirements and employment details
  3. Upload your KYC Docs, Aadhar card, PAN card and photograph

Sit back and relax! Approval will be communicated within 48 hours of document submission. After your loan is approved, we will process the loan agreement and you will receive the loan amount directly in your bank account.

Make sure to pay your EMIs on the due dates once the loan is disbursed. And that’s it!

How to install the Upwards app?

You can install the Upwards app from Google Playstore, or simply search for Upwards Quick Loans and click on the Install option.

Why should I take a loan from Upwards?

Upwards is India’s quickest personal loan provider for salaried individuals looking for short-term loans between Rs. 15,000 – Rs. 2,00,000. 

Here’s why you should take a loan from Upwards:

✔️ Quick approvals on personal loans
✔️ Paperless procedure via the Upwards app
✔️ Loan amount from Rs 15,000 – Rs 2,00,000
✔️Flexible loan tenure from 6 months to 3 years
✔️ Quick loan disbursal (unlike banks, we disburse loans within 1 – 2 days!)
✔️Minimal Documents Required PAN card, Bank Statement and Salary Slips are the only documents required.
✔️ No collateral required
✔️ Online EMI Calculator to calculate your monthly EMI based on loan amount, interest rate and loan tenure
✔️ Low foreclosure and prepayment charges
✔️ In-App Chat Support

How long does the entire loan application process take?

If you have all the required details and documents ready, the application process takes only 10-20 minutes! Once you submit your application, your loan will be approved/rejected within just 24 hours.

If your application is approved, you can complete the post-approval process in about 5 to 15 minutes, and your loan will be disbursed in less than 48 hours. In cased you have to submit physical documents, the process might take a bit longer.

Up to what amount can I get a loan from Upwards?

You can get a loan between Rs. 15,000 – Rs.2,00,000 on the Upwards app. If you have already taken a loan on Upwards and are looking for a top up, you are eligible for a loan up to Rs. 2,00,000.

What are the loan related charges and interest levied by Upwards?

  • Interest rates: 18% to 32% per annum (depending on your CIBIL score)
  • Processing Fee: 1.5% – 2% of the loan amount
  • Repayment Period: 6 to 24 months

Example: For a loan of Rs. 30,000 at 18% interest for 12 months, your one-time processing free will be Rs. 600 and the monthly EMI will be Rs. 2,750.

Does applying at Upwards reduce my credit score?

No, your credit score is not reduced or affected by simply applying for a loan from Upwards.

Are there any fees to apply for a loan on Upwards?

 No, there are absolutely no charges to apply for a loan.

Which cities is Upwards available in?

Loans from Upwards are available in over 50 cities across India, including:

  • Mumbai
  • Pune
  • Delhi
  • Gurgaon
  • Noida
  • Bengaluru
  • Chennai
  • Coimbatore
  • Tirupur
  • Hyderabad
  • Secunderabad
  • Ranga Reddy
  • Ahmedabad
  • Jaipur
  • Indore
  • 35+ more cities!

How do I calculate my EMI?

You can calculate your EMI using Upwards EMI calculator. Click here to find calculate your monthly EMI:

I changed my phone/uninstalled the app in between my application process. How can I retrieve my application?

To retrieve your account, simply reinstall the Upwards app and log in using the same account as you did the first time. You will find your application status at the same point as you had left off.

Which documents should I keep handy before filling the application?

Before filling your application make sure you have the following documents ready:

  • PAN Card
  • Aadhar card
  • Company ID
  • Salary Slip
  • Address Proof
  • Bank statement for the last 3 months

Do I need to submit physical paperwork of all the documents?

If you are unable to register for eNACH, you will have to submit a physically signed copy for the NACH and loan agreement, along with a photocopy of your KYC documents.

If I apply for a loan, will Upwards contact my employer?

No, we only need to verify your official email ID. Upwards does not contact your employer for any purpose. We respect and maintain your privacy!

How do I know if I am eligible for a loan at Upwards or not?

Upwards provides loans to a salaried employee with a minimum salary of Rs. 15,000 per month. You are eligible for a loan only if your age is above 21 years and below 50 years.

We consider a host of information relating to your income, income growth and stability, spending habits, education credentials, etc. Based on your comprehensive profile, we take a decision on your eligibility for the loan amount applied.

What is the loan approval criteria?

Your loan approval is decided based on following criteria:

  • Income-to-Expense ratio
  • Demographics (Age, Marital status, Education, etc.)
  • Professional experience (tenure with the current employer, job stability, total work experience, etc.)
  • Credit Score/ CIBIL Score should be above 625
  • Purpose of your loan

How can I contact Upwards?

If you have any further questions or doubts, feel free to get in touch with us at! You can also message us on the live chat, or call on the helpline number +91-022-48962910 provided on the app and on the website.