How to fix The User Profile Service service failed the logon issue ?

If you are working in an infrastructure that deals with Windows, you have probably fallen in the situation where you tried to log on the windows and have faced error like "The User Profile Service service failed the logon". That means, the default profile, stored in C:\Users\Default, has incorrect permissions or is corrupt in some way. In this case, Logon is not possible, if the default profile’s NTUSER.DAT file is no existing or somehow got corrupted and then simultaneously user profile service logs an event with ID 1508 and source User Profile Service in the application event log under Event Viewer.