What is Personal Loan?
Personal loan is an unsecured type of loan granted to an individual on the basis of his credit eligibility. This type of loan can be availed to address emergency financial situations like wedding expenses, debt consolidation, hefty medical bills, home renovation, buying a gadget, purchasing new vehicle and others. Unlike secured loans, a personal loan has a shorter repayment tenure ranging from 12 months-60 months and is offered without any collateral.
With Upwards, salaried professionals in India can avail loan up to Rs. 2 lakhs at EMI as low as Rs. 2500/lakh. Upwards is one of the trusted fintech companies in India offering instant access to low interest personal loans. The interest rates offered by Upwards depends on the credit applicant’s credit profile and eligibility.