UPI has changed the way Indians do their financial transactions. As an instant payment system, UPI allows users to send money, request money and transfer funds across multiple bank accounts using just a mobile number or UPI ID. These transactions are done through various UPI apps like PhonePe, Google Pay and BHIM app which provide instant and secure payment solutions. The digital payments industry has grown rapidly with industry leaders and innovators driving the adoption of UPI and related technologies. In June alone, UPI processed over ₹24.03 lakh crore in transactions, for everything from utility bills to loan EMIs. But with increased usage comes increased risk of UPI fraud which has gone up significantly in recent times.

Running out of cash before the month ends is a common problem many of us face. Whether it’s an unexpected medical bill, a school fee reminder or just everyday expenses piling up, financial shortfalls can happen to anyone. We traditionally dip into our savings, borrow from friends or swipe a credit card to cover these costs. But what if the UPI app you already trust could give you a small buffer of credit you can tap anytime, anywhere?

Tied up in an urgent situation where you need quick access to funds? You think of a traditional bank loan only to realise it is a lengthy process. Many of us find ourselves in such crossroads, unsure about what to do next.
Whether you are facing an unexpected medical crisis or need to pay for a vehicle repair, you can opt for a reliable and fast instant cash loan. Unlike traditional loans, they are secure, fully digital, and instant, as the name suggests, requiring minimal documentation.
Wondering where and how to get an instant cash loan? This blog walks you through the simple steps to apply for an instant cash loan and get approved instantly.
 

Managing monthly EMIs for your personal loan can be stressful, especially when you have to juggle multiple payments. Missing even one EMI doesn’t just mean paying a penalty; it can also harm your credit score, leaving a negative mark that might affect your financial freedom for years. Managing a bank personal loan involves understanding key aspects such as the loan and interest rate, repayment tenure, and loan processing charges, all of which play a significant role in your overall loan experience. The interest rate on a personal loan depends on several factors, including your credit score, repayment history, principal amount, and loan tenure. To avoid such risks, many borrowers are shifting from manual payments to automated options like eNACH and UPI AutoPay. These solutions offer convenience and security, but understanding their differences is crucial to choosing the best method for your needs.

Did you know that 67% of Indians have taken a personal loan to meet their funding requirements? A primary reason behind this is that they are quick and easy to apply and have no end-usage restriction, giving you the freedom to utilise the fund for anything.

A personal loan is a versatile form of credit. Whether you need to fund your child’s education or pay your parents’ hospital bills, it can help in every situation. No wonder over 67% of Indians rely on it for financial emergencies. 

From learning a new language to booking a haircut at home, there’s an app for everything today. Need groceries? There’s an app. Want to meditate? There’s one for that too.

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.