Consumer Durable Loans: The Magic Key and Sneaky Fees

Consumer durable loans are like the magic key for first-time borrowers! In Q1 FY27, they made up 45.5% of loans for newbies. They’re quick and easy, but beware of sneaky hidden fees with those 'zero-cost' EMIs. Keep your total EMIs under 40% of your take-home pay to dodge a financial mess!