Katyaini Kotiyal

Big life goals don’t always wait until you’ve saved enough. A wedding date, a course admission, or a chance to buy your first home can come with fixed timelines. Many people today use personal loans to handle these milestones, spreading costs into easy EMIs instead of delaying plans.

Rajiv had to deal with an unplanned cost and applied for a personal loan. Since his credit score ratings were good, the process was quick and the terms were comfortable. A co-worker with a weaker score had a different experience, facing delays and extra checks before approval.

Adulting isn't easy in 2025. A single event, such as a wedding, an urgent house repair, or a medical bill, can cause even the finest financial plans to collapse due to taxes, EMIs, rent, investments, and other daily costs.

Did you know that EMI repayment leaves a financial trail behind you? It highlights your financial habits.

When planning a major expense to achieve your life goals, what is your first choice: using your savings or taking out a personal loan?

Every time you apply for a loan or credit card, four institutions are running a background check. And their opinion matters affect your loan approvals, interest rates, and even credit card limits.

You’ve worked hard to build your retirement fund, setting aside money year after year with one goal: peace of mind for the future. 

So you finally got your much-awaited appraisal. Now is the perfect time to visit your dream destination, and you applied for a personal loan. But then your application got rejected. 

Did you know that in June 2025 alone, Indians carried out approximately 18 billion UPI transactions. This shows that most of the country now prefers easy money transfer, even if it is for something as small as buying groceries. No more waiting in queues to submit a check or remembering multiple due dates. Let’s explore how UPI is transforming the way Indian citizens manage their finances.