Digital lending refers to the use of online platforms and technology to lend or borrow money. It eliminates the need for traditional banking procedures, making the lending process faster, more efficient, and user-friendly. The global digital lending platform market size is propelled by the integration of digitization in banking services and the rapid penetration of smart technologies, especially in developing countries. However, challenges like high dependence on traditional lending methods and a lack of awareness in developing regions persist. The Unified Payments Interface (UPI) is a real-time payment system that facilitates inter-bank transactions, allowing seamless loan disbursements and repayments. The integration of UPI with digital lending platforms has further streamlined the lending process, as seen with the Indian public sector bank, Bank of Baroda, allowing customers to apply for personal loans online.