Personal Loan for Salaried

India's credit landscape is witnessing a strong affinity of borrowers towards availing of small-ticket credit options. According to updates from the RBI, the personal loan segment has escalated by 12.3% in FY2022, which was 9.6% in FY2021. The robust demand can be attributed to the versatility of the credit option. Personal loans for salaried employees are customised as per the financial requirement of the working professional, helping them mitigate all sorts of financial gaps effectively. Moreover, salaried candidates are likely to receive approval loan applications due to their steady earnings.  However, before availing of a personal loan, individuals should have…