15
Nov
Consumers taking personal loans for festive expenses are increasingly prioritising instant disbursals and convenient end-to-end digital processes over traditional factors like interest rates, revealed a new survey by Paisabazaar, India’s leading marketplace for consumer credit and other financial products. Quick and hassle-free instant loans were the top factor influencing lender choice, followed by low interest rates and a smooth digital process According to the survey, conducted among over 10,200 respondents, 42% of consumers said they chose their lender for quick disbursal with minimal documentation, while 25% said lowest interest rates was the most important factor while choosing an offer…
