Documents Required for Personal Loan
If you want to take a personal loan online in India from Upwards, you will need to provide a set of standard bank loan documents to help verify details such as age, address, income, and employer.
Upwards provides unsecured personal loans which means that these are personal loans with no collateral. Therefore, there is more potential risk of a borrower to default or abscond on repaying the loan. This is why there are certain documents required for personal loan that lenders and NBFCs require, so that they can assess the borrower’s financial stability.