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Get a Personal Loan for Mobile via Upwards

Apply for a quick personal loan today to fulfill your dreams with minimum documentation!


Happy Customers

Rs. 50+ crore

Loans Disbursed

>1 Million


The Upwards Advantage


EMI as low as Rs. 1500 for a loan of Rs. 50,000

Quick Approvals

Get approval within 24 hours and disbursal within 48 hours

Fully Digital

Comes with auto-debit e-NACH and EMI facility

Personal loan for Mobile

Can’t get that brand-new smartphone out of your head? Looking for ways to get your hands on that device you think would resort to all your requirements that an ‘ideal smartphone’ should have? But bad finances playing a spoilsport? If yes, then the good news is that with Upwards you can now avail a personal loan to finance your mobile phone. Simply apply for a personal loan with Upwards through the app and on successful loan approval, get instant access to fund your new phone. No matter which brand you choose, with Upwards you can use the personal loan for buying a mobile phone worth up to 2 lakh. You can avail personal loan for mobile for up to 12-36 months and can also close the loan as and when you wish.

What is mobile loan?

Mobile loan is a type of unsecured loan you can avail to buy a smartphone of your choice. You can repay the loan amount in EMIs on a monthly basis. No matter what brand you opt for, availing a mobile loan is the best way to address your emergency financial needs. This type of loan comes in handy when you want to replace your existing device and wish to buy a new one or you have lost your device and don’t have finances to fund the purchase of a new phone.

How it Works?

Fill in Application Form

Download the Upwards app and complete KYC and submit your documents.

Get Instant Approval

On successful submission of the application, wait for us to update the status of your application.

Digital Signature

On approval of the loan amount, complete digital signature and set up e-NACH online.

Documents Required for Mobile Loan

Address Proof
Bank Statement
PAN Card
Last 3 Months Salary Slip

Flexible Loans For All Pocket Sizes!

India's Preferred Instant loan App

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Benefits of Availing Mobile Loan

  • Use the funds to buy the mobile phone of your choice
  • Instant access to funds
  • Competitive interest rates
  • Avail loan amount ranging from INR 20,000- INR 2,00,000

Eligibility Criteria for Mobile Loan

You don’t have to necessarily have a high credit score or a high income to get a loan from Upwards. Fulfilling the below eligibility criteria is enough!

You are a citizen of India
More than 21 years of age
Minimum Salary of Rs. 15,000

Personal Loan EMI Calculator

EMI is: 2952
Total Amount
Tenure (in months)
Rate of Interest (Monthly)
% Monthly

Loan Terms

Loan AmountRanging from Rs. 20,000- Rs. 2,00,000
Annualised Interest RateRanging from 12% to 30%
Repayment TenureRanging from 12 to 36 months
Processing Fees3% of the loan amount

Mobile Loan FAQs

Can I get personal loan for mobile for 2 months?
No, you cannot avail personal loan for mobile for 2 months. You can opt for it for minimum of 6 months.
How can I avail a mobile with Upwards?
You can avail a mobile loan with Upwards through our application. Download Upwards app from Google Play store. Fill in the required details and submit the necessary documents. On successful loan approval, the loan amount will be disbursed in your bank account within 12-48 hours.
What are the foreclosure charges of mobile loan purchased through Upwards?
Foreclosure charges for mobile loan purchased through Upwards is 2%-3% along with the additional taxes as applicable.
When will my mobile loan amount get disbursed after I receive the approval?
Your mobile loan amount will get disbursed within 24-48 hours post loan approval.
Does Upwards issue mobile loan to individuals with low credit score?
Yes, we at Upwards do issue mobile loans to individuals with credit score as low as 645.
Are individuals with low credit score eligible to get a mobile loan?
Yes, individuals with low credit score are eligible to get a mobile loan. With Upwards, you can avail a mobile loan with a credit score as low as 645.

India's Preferred Instant loan App

Download the App Now