Zee Exclusive: 5 reasons that make Digital Loans a suitable option over Conventional Loans

Apart from the obvious benefits of affordable credit for MSMEs and new-to-credit or low income groups, here are five other reasons why digital loans trump conventional loans.

New Delhi: Digital lending is speeding up the loan process and making credit more accessible to the underserved population from lower income background Apart from the obvious benefits of affordable credit for MSMEs and new-to-credit or low income groups, here are five other reasons why digital loans trump conventional loans. (Also read: 5 tips on how to maintain a healthy credit score) 1. Easier Application Processes