New Delhi, Aug. 22 -- With living costs rising by the day, due to shifting economic conditions, personal loans continue to remain a vital solution for meeting urgent funding requirements. In such an environment, securing a high-value personal loan, however, requires proper planning and a clear understanding of the basic eligibility criteria set by financial institutions.

Therefore, to ensure seamless availability of such high-value personal loans, the aspirational borrowers must keep their basics intact. Basics such as repayment history, responsible debt management, and credit utilisation ratio, among other such crucial elements, that cumulatively constitute a sensible borrower.

Kundan Shahi, Founder, Zavo, adds, "For those seeking high...