Bengaluru Drives Home Upgrades with 68% Households Spend in Appliances, Highest Among Metros: The Great Indian Wallet 3.0 by Home Credit India
Key Highlights for Bengaluru
Bengaluru's average monthly income is ₹46,000 with expenses at ₹21,000.
Groceries (20%) and Rent (20%) are also major contributors to monthly expenses.
Discretionary spending is low on travel (3%), but higher on dining (29%), movies (24%), fitness (12%), and OTT apps (27%).
In the last six months, 68% spent on home appliances — the highest across cities. Fashion (18%), décor (17%), travel (7%), and electronics (3%) followed.
84% are aware of online fraud, with 26% reporting being scammed and 47% facing frequent fraud attempts. 75% are current UPI users, but 54% would discontinue use if charges were applied.
Top aspirations include starting a business (25%), buying a house (24%), and repaying loans (20%)
Bangalore, 23rd June 2025 : Home Cr...