Rising trend: Young Indians increasingly using credit for upskilling and career advancement, finds survey

A quiet financial transformation is sweeping through India’s youth economy as borrowing takes on a new meaning. Credit is no longer viewed as a sign of deficit but as a calculated tool for personal advancement. An increasing number of young Indians are turning to credit not for consumption but for education, upskilling, and career development, signifying a powerful shift in the nation’s financial behaviour. A recent survey by mPokket Financial Services revealed that more than 63% of young respondents felt that credit had a positive impact on their financial well-being. Among them, 21.1% used it for career growth, 20% for lifestyle upgrades, and 16.5% for education. This growing reliance on credit for skill-building highlights how the country’s youth are adapting to a competitive, rapidl