financial performance

If your holiday plan is well-timed and a bargain, but not your savings, then a personal loan can help you travel now and pay later in EMIs without tapping your emergency balances.

India’s personal loan market is booming, expected to hit $26.05 billion by 2025.
This surge suggests that more Indians are opting for personal loans rather than pledging or borrowing money from family in times of crisis. 

Amit and Reena, a salaried couple aged 30–34, living in Pune, planned a home renovation to upgrade their modular kitchen, electrical wiring, and use low-VOC paint. 

You’ve filled out a personal loan form, uploaded the documents, and clicked on ‘Submit’. Ever wondered what happens next?
This kicks off the loan verification process. It’s how lenders ensure everything checks out before approving and releasing the funds from your details to your documents to your credit standing.
 

Shania has a personal loan with an EMI due on the 7th of every month. This time, life got in the way. She missed the payment and finally cleared it on the 15th. But when she checked her account, the amount was higher than usual. The culprit? A small but significant addition called a penal charge.