| Upmove Capital Personal Loan Highlights | |
| Interest Rate | 18%-30% p.a. on reducing balance |
| Loan Tenure | 2-12 months |
| Loan Amount | Rs 1,000 – Rs 1 lakh |
| Processing Fee | Up to Rs 50,000: – Up to Rs 5,000 + tax |
| Above Rs 50,000 – Up to 10% + tax | |
Upmove Capital Personal Loan Interest Rate
| Minimum Interest Rate | 18% p.a. |
| Maximum Interest Rate | 30% p.a. |
Upmove Capital Personal Loan Eligibility
Upmove Capital has not mentioned the eligibility criteria for its personal loan applicants. However, the lender may consider the credit score, age, job profile, minimum monthly income, etc. while setting its personal loan eligibility criteria, just like many lenders do.
Upmove Capital Personal Loan Fees & Charges
| Processing Fee | Up to Rs 50,000 – Maximum PF of Rs 5,000 + Tax |
| Above Rs 50,000 – Maximum PF of 10% + Tax | |
| Bounce Rate | As levied by the bank |
Penal Charges
| Minimum Principle Overdue | Maximum Principle Overdue | Penal Charges |
| Up to Rs 2,000 | Rs 200 | |
| Rs 2001 | Rs 5000 | Rs 250 |
| Rs 5001 | Rs 7500 | Rs 300 |
| Rs 7501 | Rs 10,000 | Rs 350 |
| Rs 10,001 | Rs 19,999 | Rs 400 |
| Rs 20,000 and greater | Rs 450 | |
Note – The above charges are only levied once the EMI is overdue for more than 4 days
Upmove Capital Personal Loan Documents Required
Upmove Capital has not mentioned the documents required for availing personal loan. However, lenders usually require the following documents for processing personal loan application s:
- For ID proof- Aadhar card, passport, driving license, PAN Card
- For address proof- Aadhar card, passport, driving license, PAN Card, utility bills
- Salary slips for last 6 months
- Bank statement for past 6 months