
Here are a few factors
Location | PAN INDIA |
CIBIL Score | 650+ |
Minimum Salary Per Month | 20000+ |
Salary Mode | NEFT,RTGS,COMPANY TRANSFER |
Applicant Age | 21 Year to 55 Year |
Loan Amount & Tenure | 25000
to 5 Lac (12 Month to 60 Month) |
Rate of Interest (Type) | 18% to 32% (Reducing) |
Processing Fees | 2% of loan amount |
Processing Mode & TAT | Processing:
Online TAT: 5 Min to 48 Hour |
Foreclosure Charges | 1%- 5% |
Part Payment Allowed | No |
OD Product | No |
BT+TopUp | No |
Minimum Job Experience | 3 month |
Current Employer Business Vintage | 3 Month Salary credit in ac |
FOIR | 75% of Net Salary |
Whether Co-Applicant Mandatory | No |
USP | No Negative Profile |
Negative Profile | 1.
NRI Employee 2. Cash Salary/IMPS Salary |
upward fintech personal loan EMI Calculator
Interest Type
Loan Amount
Interest Rate
Loan Tenure
Loan Amount | ₹100,000 |
Interest % | 18 % |
Tenure (months) | 12 |
Emi (monthly) | ₹ 9,168 |
Total Interest | ₹ 10,016 |
Loan Amount + Interest | ₹ 110,016 |
Year | Total Principal ( A ) | Total Interest ( B ) | Balance ( A + B) | Total Payment | Loan Paid Till Date (%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
₹ 23,351 | ₹ 4,153 | ₹ 27,504 | ₹ 76,649 | 23.35 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
₹ 76,651 | ₹ 5,861 | ₹ 82,512 | ₹ 0 | 100.00 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Required Documents to Apply for Upward Fintech Personal Loan
-
KYC of Applicant (Adhar Card+Pan Card+Passport Size Photo)
-
Last 3 month Salary Slip
-
Last 6 month Bank Statement in PDF
-
Form 16 of last 2 year
-
Rent Agreement if rented or Utility Bill if residence is owned
-
Sanction Letter of all current running loan if any
-
Office ID Card or Official EMAIL ID if any
About Upward fintech Personal Loan
Getting a loan approved from a bank is an ordeal that can seem to last forever. Meetings, queries, and endless paperwork are just some of the things you have to go through to get sanctioned for a loan. That's why Upward has brought in technology to change the way you borrow money. By using our app, you can now get your loan at your fingertips. Our finances are designed for personal use such as home renovation, holiday expenses, home furnishing, wedding, etc. Notably, Upward offer all individual applicants flexible repayment terms at zero collateral. No need to visit hundreds of personal loan websites when Upward can get the job done for you.
Upward Fintech is an RBI registered Non-Banking Financial Company that offers loans to individuals at attractive interest rates. Their application process is simple and convenient. Upward Fintech, offer a hassle-free loan application process. They have a low documentation process, this means Upward doesn't ask for any physical documents from our applicants except the KYC documents. Your loan will be processed within minutes. Before moving ahead let’s discuss some of the general details which you should certainly know about before starting.
Along with the Cibil score and other financial histories Upward also depends on the methods of FOIR to calculate the amount of loan you are eligible to get along with the EMI slots that you will be given to repay. Now you must be wondering what is this FOIR thing. Let’s explain it to you better.
-
With so many microfinance institutions (MFIs) and non-banking finance companies (NBFCs) offering loans to the general public in India, it has become more important than ever before for a lender to determine whether an individual can repay a loan.
-
FOIR stands for Fixed Obligations to Income Ratio, which is a derivation of the ratio of a consumer's yearly fixed obligations and his/her income. It is generally used as a parameter by banks to find out the eligibility of an individual for a loan and also indicates how much money that particular individual can borrow.
Factors You Need to Know About UpWard Fintech Personal Loan
If you are planning to apply for a personal loan at upward fintech, then you can easily apply in just a few steps through ReferLoan

Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, the amount will be disbursed to your account shortly.

Let us take an example, How EMI is being calculated
For instance, if "Shubham" applies for a Personal loan of INR 3 Lacs and get the loan sanctioned at the rate of 15 % with a tenure range of 2 years or 24 Months , in such a case his EMI would be INR 14,546 and complete repayment amount till the end of 2 years tenure would be INR 3,49,104 (i.e 14,546 EMI * 24 months), wherein the total interest amount is INR 49,104 along with principal repayment of INR 3,00,000. Few additional charges like those of minimal one-time processing fee ranging from 2% of loan amount, T& C apply.Month | Principal Outstanding | Interest | Total Payment | Payment towards Principal | Loan Paid Till Date | Balance Principal |
---|---|---|---|---|---|---|
1 | 3,00,000.00 | 3,750.00 | 10,400.00 | ₹ 6,650.00 | ₹ 6,650.00 | ₹ 2,93,350.00 |
2 | 2,93,350.00 | 3,667.00 | 10,400.00 | ₹6,733.00 | ₹13,383.00 | ₹ 2,86,617.00 |
3 | 2,86,617.00 | 3,583.00 | 10,400.00 | ₹ 6,817.00 | ₹ 20,200.00 | ₹ 2,79,800.00 |
4 | 2,79,800.00 | 3,498.00 | 10,400.00 | ₹ 6,902.00 | ₹ 27,102.00 | ₹ 2,72,898.00 |
5 | 2,72,898.00 | 3,411.00 | 10,400.00 | ₹ 6,989.00 | ₹ 34,091.00 | ₹ 2,65,909.00 |
6 | 2,65,909.00 | 3,324.00 | 10,400.00 | ₹ 7,076.00 | ₹ 41,167.00 | ₹ 2,58,833.00 |
7 | 2,58,833.00 | 3,235.00 | 10,400.00 | ₹ 7,165.00 | ₹ 48,332.00 | ₹ 2,51,668.00 |
8 | 2,51,668.00 | 3,146.00 | 10,400.00 | ₹ 7,254.00 | ₹ 55,586.00 | ₹2,44,414.00 |
9 | 2,44,414.00 | 3,055.00 | 10,400.00 | ₹7,345.00 | ₹ 62,931.00 | ₹ 2,37,069.00 |
10 | 2,37,069.00 | 2,963.00 | 10,400.00 | ₹ 7,437.00 | ₹ 70,368.00 | ₹ 2,29,632.00 |
11 | 2,29,632.00 | 2,870.00 | 10,400.00 | ₹ 7,530.00 | ₹ 77,898.00 | ₹ 2,22,102.00 |
12 | 2,22,102.00 | 2,776.00 | 10,400.00 | ₹ 7,624.00 | ₹85,522.00 | ₹ 2,14,478.00 |
13 | 2,14,478.00 | 2,681.00 | 10,400.00 | ₹7,719.00 | ₹93,241.00 | ₹ 2,06,759.00 |
14 | 2,06,759.00 | 2,584.00 | 10,400.00 | ₹7,816.00 | ₹ 1,01,057.00 | ₹ 1,98,943.00 |
15 | 1,98,943.00 | 2,487.00 | 10,400.00 | ₹ 7,913.00 | ₹ 1,08,970.00 | ₹ 1,91,030.00 |
16 | 1,91,030.00 | 2,388.00 | 10,400.00 | ₹ 8,012.00 | ₹ 1,16,982.00 | ₹ 1,83,018.00 |
17 | 1,83,018.00 | 2,288.00 | 10,400.00 | ₹ 8,112.00 | ₹ 1,25,094.00 | ₹ 1,74,906.00 |
18 | 1,74,906.00 | 2,186.00 | 10,400.00 | ₹ 8,214.00 | ₹ 1,33,308.00 | ₹ 1,66,692.00 |
19 | 1,66,692.00 | 2,084.00 | 10,400.00 | ₹ 8,316.00 | ₹ 1,41,624.00 | ₹ 1,58,376.00 |
20 | 1,58,376.00 | 1,980.00 | 10,400.00 | ₹ 8,420.00 | ₹1,50,044.00 | ₹ 1,49,956.00 |
21 | 1,49,956.00 | 1,874.00 | 10,400.00 | ₹ 8,526.00 | ₹ 1,58,570.00 | ₹1,41,430.00 |
22 | 1,41,430.00 | 1,768.00 | 10,400.00 | ₹ 8,632.00 | ₹ 1,67,202.00 | ₹ 1,32,798.00 |
23 | 1,32,798.00 | 1,660.00 | 10,400.00 | ₹ 8,740.00 | ₹ 1,75,942.00 | ₹ 1,24,058.00 |
24 | 1,24,058.00 | 1,551.00 | 10,400.00 | ₹8,849.00 | ₹ 1,84,791.00 | ₹ 1,15,209.00 |
25 | 1,15,209.00 | 1,440.00 | 10,400.00 | ₹ 8,960.00 | ₹ 1,93,751.00 | ₹1,06,249.00 |
26 | 1,06,249.00 | 1,328.00 | 10,400.00 | ₹9,072.00 | ₹ 2,02,823.00 | ₹ 97,177.00 |
27 | 97,177.00 | 1,215.00 | 10,400.00 | ₹ 9,185.00 | ₹ 2,12,008.00 | ₹ 87,992.00 |
28 | 87,992.00 | 1,100.00 | 10,400.00 | ₹ 9,300.00 | ₹ 2,21,308.00 | ₹78,692.00 |
29 | 78,692.00 | 984.00 | 10,400.00 | ₹ 9,416.00 | ₹ 2,30,724.00 | ₹ 69,276.00 |
30 | 69,276.00 | 866.00 | 10,400.00 | ₹ 9,534.00 | ₹2,40,258.00 | ₹59,742.00 |
31 | 59,742.00 | 747.00 | 10,400.00 | ₹ 9,653.00 | ₹ 2,49,911.00 | ₹ 50,089.00 |
32 | 50,089.00 | 626.00 | 10,400.00 | ₹ 9,774.00 | ₹ 2,59,685.00 | ₹ 40,315.00 |
33 | 40,315.00 | 504.00 | 10,400.00 | ₹ 9,896.00 | ₹ 2,69,581.00 | ₹ 30,419.00 |
34 | 30,419.00 | 380.00 | 10,400.00 | ₹ 10,020.00 | ₹ 2,79,601.00 | ₹ 20,399.00 |
35 | 20,399.00 | 255.00 | 10,400.00 | ₹ 10,145.00 | ₹ 2,89,746.00 | ₹ 10,254.00 |
36 | 10,254.00 | 146.00 | 10,400.00 | ₹ 10,254.00 | ₹ 3,00,000.00 | - |
Features of Upward Fintech Personal Loan
There are several facts that make Upward Fintech the right choice for your Personal Loan needs. Let’s discuss a few of them:
Affordable Interest Rates
Flexible Payment Tenures
Safe & Trustworthy
Superfast Processing
Minimal Documentation
Zero Collateral
What is the FOIR structure that Upward follows
Maximum FOIR including Upwards EMI
-
20k to 25k Salary: 50%
-
25k to 30k Salary: 60%
-
30k to 40k Salary: 65%
-
40k to 50K Salary: 70%
-
50k Salary: 75%
Customer Care Details
You can reach out to Upward India, if you have any queries or require assistance.
Contact No. :- 1800 103 6001
Email :- [email protected]
FREQUENTLY ASKED QUESTIONS
The ROI on an Upward Personal Loan is 18% to 32% per annum which can also vary depending on your loan amount and eligibility.
You can contact Upward here at https://upwards.in if you cannot pay your loan, and we will help you work out a plan. They charge a late fee for loans that are repaid late. Your late payment depends on several factors, including your loan amount and how long it is overdue.
Upward Fintech will get back to you within 48 hours with their final decision on the loan. If your documents are in order, they will disburse the money within 3-5 days.
Yes, the processing fee on the Upward Personal Loan is 2% of the amount.
You can easily borrow up to Rs. 5 Lakhs from Upward Fintech.
The minimum ROI of Upward Fintech Personal Loan is 18% per annum
The minimum ROI of Upward Fintech Personal Loan is 32% per annum
The highest loan amount you can avail with Upward Fintech Personal Loan is Rs. 5 Lacs
The minimum loan amount you can avail of with Upward Fintech Personal Loan is Rs. 25,000.
The processing fee for Upward Fintech’s Personal loan is 2% of your loan amount.
The minimum repayment tenure of Upward Fintech's Personal Loan is 6 months.
The maximum repayment tenure of Upward Fintech's Personal loan is 36 months
Yes, you can apply for an Upward Fintech Personal Loan anywhere from India as it holds a PAN India access
The minimum required salary to apply for an Upward Fintech Personal Loan is Rs. 20,000 Monthly.
To apply for Upward Fintech Personal Loan your Minimum CIBIL score must be 650
No, to apply for Upward Fintech Personal Loan your Minimum CIBIL score must be 650
Yes, to apply for Upward Fintech Personal Loan your Minimum CIBIL score must be 650
You can go to the official website of Upward Fintech or you can also switch to ReferLoan for an easy and smooth loan application process.
No, Upward Fintech does not accept minus CIBIL scores for Personal loans.
The minimum required age to apply for an Upward Fintech Personal Loan is 21
The maximum required age to apply for an Upward Fintech Personal Loan is 55
Yes, Upward Fintech does offer funding to the Proprietorship Firm Employees.
Yes, Upward Fintech does offer funding to the Partnership Firm Employees too
If you are planning to apply for an Upward Fintech Personal Loan, your minimum employment period must be 3 months.
The minimum vintage of the applicant’s employer must be 3 months to apply for an Upward Fintech Personal Loan
No, it is not mandatory to provide a Co-applicant to apply for Upward Fintech Personal Loan
No, Upward Fintech doesn’t fund NRIs for Personal Loans.
The job profile of the municipality is considered as a negative profile in Upward Fintech's Personal Loan.
No, the job profile of the Real Estate Profession is considered a negative profile in Upward Fintech's Personal Loan.
No, employees working in a Financial Consultancy or Legal firm are considered as an adverse profile in Upward Fintech’s Personal Loan.
No, jewellers are considered as an adverse profile in Upward Fintech’s Personal Loan.
Partial payments are not allowed in Upward Fintech's personal loan.
The foreclosure interest on Upward Fintech's Personal loan is1% - 4%
No, police officers are not eligible to apply for Upward Fintech Personal Loan.
No, Delivery boys are not applicable to apply for the Upward Fintech Personal Loan
Yes, You can apply for Upward Fintech Personal Loan if you receive your salary through NEFT
Yes, You can apply for Upward Fintech Personal Loan if you receive your salary through RTGS
Yes, You can apply for an Upward Fintech Personal Loan if you receive your salary through Company Transfer.
No, you can’t apply for an Upward Fintech Personal Loan if you are receiving our salary in cash.
No, you can’t apply for an Upward Fintech Personal Loan if you are receiving our salary through UPI.
Upward Fintech takes 48 hours for the disbursement of a personal loan
Upward Fintech takes 5 minutes for the confirmation of a personal loan
Yes, you can apply for Upward Fintech Personal Loan online
The customer care number of Upward Fintech is 91 77150 98615
No, the profile of a security guard is considered as an adverse profile in Upward Fintech Personal Loan.