Millennials borrowed for health and credit refinancing in 2020: Survey
- Loan demand was highest, at 81%, from millennials earning ₹10,000– ₹50, 000, and 76% preferred small-ticket loans ranging between ₹10,000 and ₹50, 000
Millennials availed digital loans in 2020 to meet their emergency fund requirements like medical expenses, and credit refinancing. It is a trend that was not seen in earlier years.
Select your Category
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more