Data from Policybazaar indicates a significant surge in the adoption of monthly payment modes, especially among young salaried individuals aged 26 to 35. A staggering 33 per cent of this demographic prefer the flexibility of monthly payments, allowing them to manage their finances more effectively. This preference is further emphasized by the fact that 80 per cent of male customers opt for monthly instalments, compared to only 20 per cent of their female counterparts.