Platforms like Yenmo aim to correct this by aligning credit access with financial profiles.
Aadhaar loans stand out for their simplicity and flexibility.
Travel loans are becoming increasingly popular, especially among urban dwellers.
The portal, PSB loans in 59 minutes started its in-principle approval of retail loans in 59 minutes on 5 September 2019.
Banks and financial institutions charge high-interest rates for personal loans as these are unsecured loans.