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Get a Short Term Personal Loan 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

Short term loan

As the name suggests, a short term loan is essentially a loan that can be availed for a shorter duration i.e. one year or less than that. This type of loan is usually unsecured and has a smaller repayment tenure. The interest for this type of loan is usually charged on the basis of principal advance amount and is usually issued to individuals having no credit history and for catering to their urgent fund requirements. If you are looking to avail a short term loan online, then you can easily apply for it on Upwards.

At Upwards, we provide short term loans up to 1 lakh at flexible EMI options and affordable interest rates. This loan is generally provided for one-five years at minimum processing fee. The application process for short term loan from Upwards is pretty simple and hassle-free. You can use the loan amount to fulfill your short term financial requirements including use of the funds for medical emergency, higher education, wedding expenses and others.

What is a short term loan?

Short term loan is a loan issued for a short tenure i.e. for less than a year of repayment. The cost of capital of such loans is lower than that of long tenure loans and the amount can be used for meeting any short-term loan requirements i.e. unexpected financial crisis or paying credit card bills or anything else

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 Short Term Loan

Address Proof
Bank Statement
PAN Card
Last 3 Months Salary Slip

Flexible Loans For All Pocket Sizes!

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Benefits of Availing Short Term Loan

  • Use the funds for handling emergency situations that require financial assistance.
  • You don’t have to liquidate your investments
  • Get funds on the go
  • Competitive interest rates

Eligibility Criteria for Short Term 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

Short Term Loan FAQs

What is the minimum credit score required when applying for a short term loan?
The minimum credit score required for applying for a short term loan with Upwards is 600.
Do I need to provide any collateral or a guarantor when applying for a short term loan from Upwards?
No, you do not have to provide any collateral or guarantor when applying for a short term loan from Upwards.
Can I opt for a short term loan from Upwards for 6 months?
With Upwards, you can opt for a short term loan for a minimum period of 12 months
What is the processing fee charged when applying for a short term loan with Upwards?
Upwards charges a processing fee of 2-3% along with applicable taxes, if any when disbursing your short term loan amount.

India's Preferred Instant loan App

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