Medical emergencies are among the biggest reasons for taking a personal loan in urban India, revealed a consumer research ...
When the lens shifts to income levels, a more concentrated pattern emerges. Borrowers earning between ₹7.5–10 lakh annually ...
Rising medical costs and insurance gaps are pushing more urban Indians to take personal loans for healthcare, with reliance highest in Tier-I cities, a Paisabazaar study shows ...
Healthcare emergencies have emerged as one of the leading reasons for personal loan borrowing in urban India, highlighting ...
Despite the rapid expansion of digital lending, offline channels continue to dominate borrowing, with only 32 percent of borrowers opting for personal loans through online platforms, a Paisabazaar stu ...
Medical expenses account for 11 per cent of personal loan usage nationally, rising to 14 per cent in Tier-1 cities, highlighting insurance gaps ...
Paisabazaar's study reveals Indians take personal loans mainly for medical emergencies, essentials, and life events, with ...
India Today on MSN
Are personal loans becoming the go-to option during medical emergencies?
A sudden medical emergency can quickly turn into a financial crisis. With healthcare costs rising and insurance cover often falling short, many Indian families are increasingly turning to personal ...
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