How phones on EMIs unlock access to loans

Mobile phone purchases on EMI are helping individuals in the informal sector create a formal credit history, enhancing access to other loans. Digital lending and no-cost EMIs from lenders like Bajaj Finance are boosting mobile sales on credit. Obtaining these loans helps in generating a credit score, which is beneficial for future borrowings.

​Mobile phone purchases on EMI are helping individuals in the informal sector create a formal credit history, enhancing access to other loans. Digital lending and no-cost EMIs from lenders like Bajaj Finance are boosting mobile sales on credit. Obtaining these loans helps in generating a credit score, which is beneficial for future borrowings.