The Home Credit India survey found significant interest in 'Credit on UPI,' especially among younger demographics. Respondents appreciate the convenience of accessing small credit amounts instantly through a familiar platform. This indicates a growing demand for short-term, easily accessible credit solutions over traditional banking loans.
The survey also pinpoints the importance of transparency and simplicity in attracting users to such services. As people increasingly prefer digital-first solutions, 'Credit on UPI' is poised to become a critical feature for financial inclusion. These insights emphasize the need for banks and Fintech firms to promote responsible credit use and user education.
