Upwards Review: Is This India’s Best Instant Loan App?
Getting instant personal loans for paying off dues, medical bills, wedding expenses, smartphone purchases, and more can be a boon to many. Therefore, salaried people in India have started applying for Upwards personal loans to get quick loans without much documentation and requirements!
To learn more about this instant personal loan provider in India, read this post till the end. Here, I have explained what personal loan you can get, along with its eligibility criteria and step-by-step application process.
Upwards: Company Background
When it comes to getting personal loans in the quickest and simplest way in India, Upwards is the best one. This company was established in 2017 and is a registered loan provider as per the RBI (Reserve Bank of India). Its Instant Loan App became popular in India.
This company got popular in the last few years for providing personal loans to salaried employees. However, the primary reason they became popular was that they provided these loans quickly – within 48 hours after applying for the loan. In some cases, people even got their loans on the same day they applied for it!
Read Also: Create Invoices Online With http://www.zintego.com/.
Upwards Personal Loan: Overview
Providing personal loans to customers is the primary service provided by Upwards. No matter what reason you have for taking a loan, you can get a personal loan instantly using this app. This makes it similar to Fullerton India, and Dhani.
But what is a personal loan?
A personal loan is a type of loan that is unsecured. This means that there is no security against non-payment of loans. Therefore, there is no collateral against the loan that the bank or loan provider can claim in case of failure of payment. Typically, personal loans are short-term loans that also have a lesser amount compared to a secure loan.
In regards to Upwards, they can provide you with personal loans up to INR 2,00,000 (Rs. 2 lakhs). The company also offers personal loans for a repayment period of a maximum of 60 months (5 years).
Regarding the interest rates that you have to pay for your personal loans, they will be based on various factors. These factors are all stated in the Upwards loan eligibility criteria, which I will explain below. The minimum interest rate for this personal loan is 9%.
Key Takeaways
The main highlights of this personal loan are:
- The minimum amount that you can borrow is Rs. 20,000, and the maximum amount that you can borrow is Rs. 2,00,000.
- If you apply for this loan, you will not require any paperwork of any kind.
- The interest rate on this loan is pretty affordable, starting from 9% only!
- This personal loan is free of any collateral.
- No matter what purpose you have, you can use the loan money for anything and everything.
- The approval and disbursal system is instant, happening on the same day as you applied or the next day.
- Applying for this loan is hassle-free since it requires only a few documents. Also, the entire process is online.
- If you get this loan and repay it on time, then your credit score will increase!
Upwards Personal Loan Eligibility Criteria
If you wish to know whether you are eligible to apply for an Upwards personal loan, then you are in the right place. There are a few eligibility requirements that you must meet before you can apply for a loan, unlike LazyPay. These requirements are:
- You must be a resident of India with all legal certifications to prove your Indian citizenship.
- Regarding your age, you must be at least 21 years of age to apply for an Upwards personal loan.
- You must be under current employment and should have a base salary of INR 20,000 per month.
- When it comes to your credit score, it must be above 600.
How To Apply For Upwards Personal Loan?
If you wish to apply for an Upwards instant personal loan, there is a simple process to follow. In addition, you must also provide some basic necessary certifications.
Documents Required
The documents that you must show before you can apply for a personal loan are:
- Address Proof: Any ID card (like a Voter ID card or Aadhar Card) that can prove your current address.
- PAN Card: Your PAN Card is required for checking your credit score and more as per RBI (Reserved Bank of India) regulations.
- Bank Statement: You must present a printed or digital form of your bank statement to show whether your account is legit or not.
- Salary Payslips: When requested, you must showcase your salary payslip for the last three months as proof of employment.
Application Process
The Upwards personal loan application process is pretty simple and hassle-free. Here are the steps that you need to follow:
- First, you must learn how to manage upwards loans. You can do so through the Upwards app. Download it for free from the PlayStore (Android) and App Store (iPhones).
- Next, you must Upwards login by using your GMail account or Facebook account.
- After you have done so, open the app and click on Apply Now.
- Here, you must upload digital copies of the necessary documents, like your Aadhar Card, PAN Card, salary payslips for the last three months, and your bank statement.
- Now, you must fill in the application form.
- After you have filled out the form, click on the Submit.
After you have filled out the application form and providing all necessary documents, you must wait for approval. You will get an approval mail within the same day if your application gets approved, that is.
If you do get the loan approval mail, you will be contacted by an Upwards executive. You now have to agree on the loan terms online over the phone. After an agreement is reached, you will receive your personal loan money within 48 hours!
If you do not receive the money, then you must contact Upwards customer care immediately.
Benefits Of Upward Personal Loan
There are several benefits of the Upward personal loan. It can help you in different means. You must know the facts perfectly while attaining your objectives with complete ease. Ensure that you follow the correct process in this regard. Some of its key benefits are as follows:-
1. Structured Repayment Option
Upward personal loans typically come with fixed monthly payments over a set period, making it easier to budget and plan for payments. You need to get through the complete process that can make things easier for you in attaining your requirements with ease.
2. Offers Flexible Loan Amounts
Borrowers can often access a range of loan amounts, allowing them to borrow what they need based on their financial requirements. The flexible loan can sort out your financial needs when you require it the most. Once you follow this process, things can become easier for you.
3. Predictable Interest Rates
These loans commonly have fixed interest rates, providing predictability in monthly payments throughout the loan term, even if market rates change. You must get through the predictable interest rates that can boost your brand value to the next level.
4. Builds The Credit History
Consistent, on-time payments on an upward personal loan can positively impact credit scores, contributing to an improved credit history. Once you have a trusted credit history things can become easier for you to get the loans on time.
5. Quick Access To Funds
Depending on the lender, approval and funding for upward personal loans can be relatively quick, allowing borrowers to address financial needs promptly. You will get quick access to the funds to make things happen in your favor.
6. Variety Of Uses
These loans can be used for various purposes, such as debt consolidation, home improvements, major purchases, or unexpected expenses, providing flexibility in how the funds are utilized. The loan amount you can use for a variety of purposes. Remember that while upward personal loans offer numerous benefits, borrowers should carefully assess their financial situation and ability to repay before taking on any loan. Understanding the terms, fees, and potential impact on credit is essential in making informed borrowing decisions.
Conclusion: Is Upwards Legit?
If you think Upwards is fake, then you are wrong. This company is 100% legit. However, the only difference you will find is the time taken to receive your personal loans. While the Upwards website claims that you can get your loans in the same day, it actually takes more time than that.
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Rarely, we deal with a few stocks only, we have many stock trading apps that constantly update us on the best stocks available in real time. So, it's rare that we will wait to buy the same stock again. But if you are asking me about its legality- YES! It's absolutely legal too. Other Important Facts The pattern of rise and fall that you experienced once might not repeat any time. So, if you bought the same stock again, hoping the same trend will follow, that’s dicey! I will recommend you contact a renowned or capable broker. This step is crucial for making a more informed decision about investing in the same stocks again. If you are purchasimg a stock for the second time, you might be misguided. Most probably you are thinking that the stock will perform similarly again. However, the market conditions are very volatile nowadays. Especially, the pandemic has set in a statutory recessionary condition. The stocks which were supposed to perform better have plummeted. 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This is again known as gap trading. Experienced traders can calculate the stocks that will open or close better. Accordingly, you can earn the highest profit. FAQs (Frequently Asked Questions): The following are some of the most frequently asked questions regarding the selling of the same stocks repeatedly: Q1. Is It A Good Practice To Buy And Sell The Same Stock Repeatedly? Ans: There are no restrictions when you place multiple buying options or buy the same stock more than once a day. Likewise, you have the right to place numerous sell orders to make a sale of the same stock in a single day. Q2. Can You Sell The Same Stock Twice? Ans: There is no limit to selling and buying stocks more than once. So yes, you can sell the same stock twice. However, you must not make your choices in grey when you want to improve the brand image. Q3. Is Buying And Selling The Same Stock To Earn A Profit Possible? 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It increases your awareness of which stocks to invest in. Recognizing The Elementary Basics of Stock Investing You don’t need to brainstorm much. Trust me! Just do detailed research on the companies that you find suitable for investment. Are you getting where to find company data? You will get publicly traded companies' balance sheets and income statements from the internet. That’s an excellent place to start. After that, you must have four other basic ideas. These are: ElementsSynopsisEarnings Your preferred company should earn at least 10% more compared to last year. Sales Debt should be lower than the current assets of the company, as you are planning to invest in DebtEquity must also be higher, compared to last yearEquity Equity must also be higher compared to last year Significance Of Staying Informed About the Fundamentals It's simple. You must know the fundamentals to predict the impact of supply and demand on commodity prices. After that, you can detect or project the intrinsic value. As a result, it becomes easier to have an outlook for the stock's future value. Concepts Of Risk, Volatility, And Financial Assessment The most significant risk of investing in stocks for dummies is that stocks are volatile. So, invest money only when you can afford to lose it. The main factors that help in deciding your risk tolerance are: The current stage of your life What are your financial objectives? And how much you can afford to lose Secondly, you must know what volatility is. It indicates the rate of increase or decrease in the value of a stock over time. Most Americans failed to assess the volatility of stocks in 2022. As a result, the net loss of investors in 2022 was $9 trillion (about $28,000 per person in the US). Data research by Medium.com finds that 90% of people lose money in the market. But what’s the reason? Their non-disciplined, reckless behavior shows a lack of proper financial assessment. I feel that as a beginner, your financial assessment should rest on the following factors: Trying to avoid individual stocks Having a diverse portfolio while investing in stocks for dummies Be ready to lose the first time Staying committed to long-term investment Approaches To Investing and Considering ETFs Most beginners think that mutual funds are the best. Well, you are not wrong there. Experts say that an ETF is your best buy here. ETFs are traded like stocks only. However, you can purchase an exchange-traded fund (ETF) for as little as $100. Getting Started Now you know most of the basics of investing in stocks for dummies. But is that all? Importance Of Research Before Investing in Stocks Before investment, everyone wants to ensure that they get the best return. Neither beginners nor pros wish to go through a loss. So, research deeply. But what shall I research? Have you ever faced this issue? Well, I am here to help. Firstly, do deep digging on how much money is a safe investment amount for the first time. Then, learn how to manage your stock portfolio. After you know how to do these, identify the best long-term stocks that suit your portfolio. I suggest that you learn what technical and fundamental analysis is. Read this article to learn more about Technical analysis vs fundamental analysis: what’s the best way to analyze stocks? Clarification Of What a Stock Is and Its Types (Common and Preferred) The essential thing about investing in stocks for dummies is knowing the kind of stocks. You must also understand how you can pick winning stocks. We must deal in two types of stocks: Kinds of StocksBasic IdeasCommon stocks For these stocks, you can vote during shareholders’ meetings. You can earn a percentile of any dividend released by the stock-issuing company. Preferred stocks If you buy preferred stocks, you will get paid before the common stockholders get their payout Strategies for Success You must know some fundamental definitions and logic to start trading successfully. Determining Investment Goals (Appreciation Or Income) What are you trading for? Monetary gain. But, as I told you, stocks can give you higher earnings than the other average securities. Most investors indulge in the stock market for two reasons. These are: Appreciation, also known as capital gains Income (dividends) Primarily, investors earn from capital gains. But what are capital gains, in simple terms? You earn capital gain under one condition only. Your capital assets (bulk of stocks or real estate) must be sold at a price considerably higher than the price at which they were purchased. Dividends are primarily for stockholders. When a company earns profit, it is distributed as per the share price and number of shares to stockholders. Timing Buys and Sells Effectively Experts say the best time for stock buying and selling is the first 2 hours after the market opens. You will learn more tactics about timing with experience. But I suggest you stick to the basics of investing in stocks for dummies. Utilizing Technical Analysis for Decision-making It's the easiest method you can try while investing in stocks for dummies. In simple terms, technical analysis analyzes stock chart data to detect price movements. You can also check the historical data of stock performance. Then, decide if you want to buy or sell a stock. Being Aware of the Big Picture and Global Influences You must read global data to remain updated. For instance, read articles from websites like globalbusinessdiary.com. Here you can learn about changes in the global economy, industry trends, and whatnot. You can also learn about the most favorite stocks in America. Advanced Techniques Now you know the basics of investing in stocks for dummies. But you need a slight knowledge of some advanced techniques too. Implementing Investing Strategies Like Trailing Stops and Limit Orders I recommend you learn the trailing stops technique of investing in stocks for dummies. This technique allows you to “lock in” your profit or reduce your loss when in a favorable position. I will explain the phenomenon with an example. You can set a stop-loss at approximately 2% lower than the existing stock price and put the trailing stop at a further 0.5% down. Your trailing stop can overcome the static stop loss when the share price increases. Exploring Opportunities in International Stocks Now, you can easily access stocks outside the US market. Go to the international ETFs or ADRs to learn about global stocks. Buying Stocks in Smaller Quantities and Utilizing Dividend Reinvestment Plans Now, you know that investing in stocks for dummies is not rocket science. However, there’s a formula you can follow when first trading in small stock values. Even if you lose, it won’t matter. Then, use the dividend earned to buy stocks in more significant quantities. Insider Tips Most successful stockholders can read between the lines. While investing in stocks for dummies, you can do that, too. Just be careful about: Emphasizing the importance of observing actions over words Considering insider trading and company insiders' actions Financial Management Investing in stocks is like a chain reaction. Don't be carried away. First, protect your finances. Then aim big. Maximizing Profits and Protecting Investments To ensure stable and assured profits, diversify your stock purchases. Buy one from Energy and the other from FMCG. You can also buy one from the current biggest gainers and another stock from a stable performer. It is also essential to protect your investment. Learn the skills of trailing stops and limit orders. Tips On Keeping More Of The Money Earned Don’t gauge too much. To keep your earned money, invest time in monitoring stocks regularly. Also, remember to sell stocks immediately if you think the prices are not good now. But don't procrastinate and lose your imminent earnings. Conclusion For beginners investing in stocks for dummies, I recommend reading the book: “Stock Investing for Dummies.” You can also focus on first-time investing limits, research tips, and trailing stop concepts. Indeed, you will want to increase your investment value gradually. However, the only tip I will give is continuous learning—research about your preferred stocks through fundamental analysis. Then, learn more techniques. But remember that you must not let initial losses discourage you. Be a stock nerd and earn more than ever. #Disclaimer: The information provided on this blog is for educational and informational purposes only and should not be construed as financial advice. I am not a licensed financial advisor. 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ADSS Broker Review: What Traders Need to Know Before Signing Up
In this competitive landscape, it is imperative to choose the right CFD broker to gain better leverage and opportunities. ADSS stands out in the UAE and among the wider GCC states (excluding Saudi Arabia) due to its adherence to local regulations, regional support infrastructure, and multi-asset offerings. The Securities and Commodities Authority (SCA) regulates ADSS in the UAE. They are one of the few brokers who hold their license, giving traders stronger legal protections and regional credibility. Thus, before you open an account, traders must consider factors like fees, customer support, product range, and platform usability. Let us discuss in the next section. Instruments Available for Trading ADSS offers CFD-only trading. This means you don’t own the underlying assets. Some of the available instruments include: Stocks and ETFs- include global equity CFDs like Tesla, Apple, Amazon, plus ETFs. Cryptocurrencies- include Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Forex- includes 60+ currency pairs (majors, minors, exotics). Indices- include S&P 500, Nikkei, DAX, FTSE, and more. Commodities- include gold, silver, natural gas, and crude oil. Note: You will not get direct stock ownership, bonds, mutual funds, or Islamic accounts. Account Types and Minimum Deposits Account Type Minimum DepositSpreadsCommission Best ForClassic$100From 0.7 pipsNoBeginners and retail tradersElite$100,000TighterNoHigh net worth tradersPro$250,000Custom PricingNoInstitutional clients Basically, ADSS earns from spreads and not from commissions. All accounts access the same CFD range, with varying benefits based on tier. Platforms and Technology Traders with ADSS can choose between two platforms: 1. WebTrader ADSS’s proprietary web-based platform is built for intuitive use. It offers real-time market pricing, integrated charting tools, and full trade execution functionality. There’s no software installation required, and the platform is compatible with most desktop and mobile browsers. 2. MetaTrader 4 (MT4) MT4 is a widely used platform among forex and CFD traders, offering support for automated trading (via Expert Advisors), custom indicators, and flexible charting tools. It’s available for desktop, mobile, and web use. Both platforms support multiple order types, real-time quotes, and multi-asset trading from a single interface. For UAE traders, Arabic language support is available, and platforms are stable even during high-volume market periods. Leverage, Spreads, and Trading Conditions ADSS offers leverage up to 1:500, although this varies depending on the instrument and account level. Traders can apply leverage dynamically based on their preferences and risk appetite. Trading costs are embedded in the spread, and there are no commission charges for Classic or Elite accounts. As an example: EUR/USD: From 0.7 pips Crude Oil: Spreads from 0.02 Gold: Typically around 0.3 to 0.5, depending on market activity While spreads are generally competitive, especially for forex and commodities, traders should keep in mind that overnight financing (swap fees) apply. These can either be debits or credits, depending on the position and currency rates. ADSS does not offer Islamic or swap-free accounts. There is also a flat $5 withdrawal fee, regardless of method, and no inactivity charges — an advantage for traders who prefer to operate flexibly. Funding, Support, and Local Services ADSS supports account funding in AED and USD, allowing UAE clients to avoid unnecessary currency conversion fees. Deposits can be made via bank transfer, credit/debit card, or regional payment options. Withdrawals are processed promptly, and the broker maintains a transparent funding structure. Customer support is available 24/5 through live chat, email, and phone, with service in both English and Arabic. UAE traders benefit from direct access to support teams based in the region, which can help resolve technical or administrative queries. ADSS also offers: An economic calendar Regular market analysis and video commentary Platform tutorials and trading guides Multilingual FAQ sections and onboarding materials These educational resources are designed to help traders navigate both the platform and market fundamentals, though they should not be seen as personalised advice or trade recommendations. Who Is ADSS Best Suited For? ADSS is best suited for traders in the UAE and broader GCC who are looking for: A locally regulated CFD broker Access to multiple asset classes Leverage and spread-based pricing with no commissions Arabic-language support and AED deposits Reliable access to both MT4 and a proprietary web platform It may not appeal to those seeking copy trading, Islamic account features, or long-term investment products, but it is a strong choice for self-directed CFD traders who value regional presence, flexibility, and platform diversity. Pros and Cons of Trading with ADSS Here are a few Pros of trading with ADSS: No presence of the commission model. They earn via spreads AED funding is available to avoid FX fees Locally-based customer service and Arabic support For UAE residents, you will get an SCA-regulated broker You can access both WebTrader and MT4 Ideal for flexible traders, as there is no inactivity fee Here are a few Cons of trading with ADSS: High deposit minimums for Elite tiers No presence of educational certifications for guidance There are no swap-free or Islamic accounts Only CFD products are traded, and no space to trade physical assets Key Facts at a Glance FeatureDetailsRegulation SCA (UAE)Max Leverage 1:500Account CurrenciesUSD, AEDTrading InstrumentsForex, Stocks, Indices, Commodities, CryptoPlatforms MT4, WebTraderCommission-Free Trading Yes (spread-based)Swap-Free Account Not AvailableCopy TradingNot Available Confession Box: A Trader’s Honest Review “I signed up with ADSS because of their local presence and regulation. The onboarding was smooth, and I appreciated being able to deposit in AED. However, I do wish they had swap-free accounts for religious compliance. The spreads are fair, and execution is solid. I’ve stuck with their WebTrader over MT4, it’s just cleaner for my daily routine.” — Faisal M., Dubai-based Forex trader. Final Thoughts ADSS remains a competitive option for UAE-based traders entering the global CFD markets. Its combination of SCA regulation, local account support, and multi-platform access makes it a practical broker to consider, especially for those who prioritise local service over offshore alternatives. For more information and user insights, refer to this detailed ADSS broker review published by Investing.com. Commonly Asked Questions (CAQs): ADSS Here are a few frequently asked questions - Q1. Does ADSS Offer an Islamic Account? No, they do not offer swap-free and Islamic accounts are not available to customers. Q2. Can Customers Trade Crypto with ADSS? Yes, customers can trade crypto coins like Bitcoin and Ethereum with the help of ADSS. Q3. Do They Support Currencies like AED? Yes, you can fund your account with AED or USD. You can minimize conversion fees for UAE residents. Q4. Is ADSS regulated in the UAE? The Securities and Commodities Authority (SCA) regulates and licenses ADSS in the UAE. Q5. Are There Any Demo Accounts? Yes, you can access free demo accounts to test both platforms before you commit to real funds. #Disclaimer: The information provided on this blog is for educational and informational purposes only and should not be construed as financial advice. I am not a licensed financial advisor. Any investment decision you make is at your own risk, and you should consult with a qualified financial advisor before making any investment decisions. This site may contain affiliate links, and I may earn a commission at no additional cost to you. Read Also: Coyyn – Revolutionizing Modern Trading for All! Lessinvest.com Crypto – The Future Of Crypto Investment? 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Jul 03, 2025