You would be aware of the time and documentation required if you had attempted to obtain a loan a few decades ago. Then, it was a time-consuming and exhausting process because there were so many documents to complete, attested photocopies to attach, and multiple trips to the lender. However, the landscape of lending has seen a significant transformation in recent years due to the development of digital technologies and the fintech sector. Simply said, everyone now has access to a smartphone, putting the world at their fingertips. Today, your smartphone serves as your portal to everything you need, including your investments, loans, clothes, gadgets, and medications. Over the past ten years, the financial technology sector has grown quickly around the world. As a result, major corporations invested time and resources in creating products and services suited for this market, and this effect was also felt in India. As a result, the outstanding portfolio of personal loans card has incre