Srinagar, May 28 -- But now there's a better way to tackle this. Paying for the goods with the help of monthly installments offered by the store is the thing that makes most major purchases in today's India. really accessible to people.

Living in an increasingly digital society means that the reliance on household electronics as a medium of entertainment is forsaken and the objective becomes merely a matter of survival. But the major problem is probably how to take care of such gadgets without disorganizing the already set financial plan and that's right where the well-structured EMIs come in.

The middle-income group of India has been through a massive transformation over the last decade. With the rise of formal credit and the explosion...