Investor / Regulatory / Media.

A payment request pops up while you are busy. It looks routine, so you approve it. Moments later, the money is gone, and the sender has vanished.

A personal loan is one of the most commonly used ways of borrowing money for any type of cost, be it anticipated or unexpected. Be it a medical emergency, wedding, traveling, household renovation, school tuition, consolidating debts, or other expenses, an unsecured personal loan can help borrowers whenever they need.

More than 9,000 NBFCs were registered with the Reserve Bank of India in 2024, and that is before you even count the banks and the lending apps. So when you set out to borrow, you are not short of options. If anything, you are drowning in them.