It is narrated from Hazrat Abu Saeed Khudri (may Allah be pleased with him) that the Prophet (peace and blessings be upon him) said: On the Day of Resurrection, it will be said to the bearer of the Qur'an, "Recite and ascend the ranks of Paradise," so he will ascend one rank for every verse he recites, until he recites the last verse that he has memorized.