印度个人贷款市场评估：依类型、贷款期限、年龄、就业状况和地区划分的机会和预测（2018-2032）

印度个人贷款市场规模预计将从 2024 年的 83.4 亿美元增长到 2032 年的 548.6 亿美元，在预测期内复合年增长率为 26.55%。

由于多种因素（包括作为中等收入经济体），印度的个人贷款市场一直强劲，并且多年来显着扩张。该市场拥有多种类型的公司，从银行到 NBFC（非银行金融公司），是一个高度动态和竞争的市场，透过网路的普及和改进带来了点对点借贷的新概念。市场。这些金融机构以具竞争力且灵活的条款和利率向各类消费者提供个人贷款。

由于城市化、数位化、生活方式的改变和消费者支出的增加等多种因素，印度的个人贷款市场正在成长。在当前数位时代的情况下，消费者在生活方式上的花费越来越多，例如购买昂贵的智慧型手机和手錶，以及在旅行和婚礼上花费更多。

印度的个人贷款市场已经从填写文件、表格、申请表和等待数天的贷款批准，到现在只需在智慧型手机上点击几下即可立即获得批准，并且几天之内即可获得贷款金额。印度人口超过 14 亿，在个人消费贷款和垫款领域拥有庞大的客户群，这对于各级主要市场参与者及其地理分布来说是一个福音。

根据评级机构CareEdge 的报告，银行和非银行金融机构的个人贷款信贷已从2017 年3 月31 日的18.6 兆卢比(21.5%) 增加到过去六年的约三倍，达到51.7 万亿卢比，占未偿余额总额的30.3%。

本报告调查了印度个人贷款市场，包括市场定义和概述、市场规模趋势和预测、各个细分市场和地区的详细分析、行业结构以及影响市场成长的因素分析、案例研究、竞争格局。 、主要公司简介等等。

目录

第一章研究方法

第 2 章专案范围与定义

第 3 章执行摘要

第 4 章顾客回馈

• 人口统计
• 市场认知度与产品讯息
• 品牌知名度与忠诚度
• 做出购买决定时考虑的因素
• 购买通路
• 购买目的
• 购买频率
• 现有或已计划的用户
• 朋友和家人的推荐/线上评论
• 品牌大使和影响者行销在促进产品/品牌渗透方面的作用

第五章印度个人贷款市场展望

• 市场规模/预测
• 依类型
  • 担保贷款
  • 无抵押贷款
• 依贷款期限
  • 短期（最长 6 个月）
  • 中期（6-18 个月）
  • 长期（超过 18 个月）
• 依年龄
  • 30岁以下
  • 50岁以上
• 依就业类型
  • 企业主
  • 工薪族
  • 其他
• 依地区
  • 东方
  • 西部/中部地区
  • 北
  • 南部
• 市占率：依公司划分，2024 年

第 6 章市场地图，2024 年

• 依类型
• 依贷款期限
• 依年龄
• 依就业类型
• 依地区

第七章宏观环境与产业结构

• 需求与供给分析
• 汇入/汇出分析
• 价值链分析
• PESTEL 分析
• 波特五力分析

第 8 章市场动态

• 生长促进因素
• 生长抑制因子（问题/限制）

第九章主要公司状况

• 前 5 名市场领导者的竞争矩阵
• 前 5 位市场领导者的市场收入分析
• 併购/合资企业（如果适用）
• SWOT 分析（5 家参与公司）
• 专利分析（如果适用）

第10章价格分析

第 11 章案例研究

第十二章主要公司展望

• ICICI Bank Limited
• Tata Capital Financial Services Ltd
• Bajaj Finance Limited
• Poonawalla Fincorp Limited
• Housing Development Finance Corporation Limited
• Shriram Finance Ltd
• Muthoot FinCorp Ltd
• Jana Small Finance Bank Limited
• AU Small Finance Bank Limited
• Axis Bank Limited

第 13 章策略建议

第14章关于我们公司/免责声明

India personal loan market is projected to witness a CAGR of 26.55% during the forecast period FY2025-FY2032, growing from USD 8.34 billion in FY2024 to USD 54.86 billion in FY2032. The personal loan market in India has always been strong and has expanded significantly over the years, owing to numerous factors, and being a middle-income economy. India personal loan market is a very dynamic and competitive market filled with numerous players from banks to NBFCs (Non-banking financial companies) being the primary players in the market, bringing new concepts of peer-to-peer lending are through internet penetration and increasing financial education. These institutions provide personal loans to various consumers at competitive yet flexible tenure and interest rates, which adds to the competitive landscape.

India personal loan market is growing due to various factors such as urbanization, digitalization, changing lifestyles and a rise in consumer spending. In the current scenario with the age of digitalization, consumers have started to spend more on lifestyles, for instance, buying expensive smartphones and watches, increasing spending on travel and weddings, etc.

India personal loan market has witnessed many changes over the span of years, from filling out papers, forms, and applications and waiting for days for loan approval to now getting instant approvals with just a few clicks on the smartphone and the loan amount being credited to the bank account within days. India with a population of over 1.4 billion people holds a large customer base in the realm of consumer personal loans and advances which is a boon for the key market players at every level and their geographical presence.

According to a report by rating agency CareEdge, personal loan credit by banks and NBFCs has nearly tripled in the last six years to INR 51.7 trillion, accounting for 30.3% of the total loan book as of March 31, 2023, up from Rs 18.6 trillion or 21.5% on March 31, 2017.

Booming Personal Loans Distribution

India personal loans have been on an upward trend over the years due to the growing needs and requirements of Indian consumers for various purposes such as traveling, buying luxury goods, or be it in the form of advances for marriages. Financial institutions, such as banks and NBFCs, have started offering personalized loan products to customers tailored to specific customer segments and purposes. For intance, specialized personal loans for weddings, travel, education, or medical expenses with customized features and repayment terms are gaining popularity. The personal loan market in India has become highly competitive, with traditional banks, NBFCs, and fintech companies vying for market share. This competition has led to innovations in product offerings, interest rates, and customer service to attract borrowers.

In December 2023, personal loans were increased by 32% year-on-year, with a quarter-on-quarter growth rate of around 10%. Personal loan disbursements have increased by 141% in the last two years, highlighting the growing trend of consumers resorting to credit for financial support in times of growing uncertainties.

Digital Transformation in Banking and Personal Finances

Over the years, the Indian economy has been heading towards digitalization and financial institutions have been at the forefront of the digital transformation of their products and services. The rise of digital lending platforms has transformed the personal loan landscape, making it easier and more convenient for individuals to access funds. Funds are applied, verified, and sanctioned digitally within a limited time frame and the digital lenders leverage technology to streamline the application process, reduce paperwork, and offer quick approval and disbursement of loans, thus, making the whole process seamless and much faster.

Technological innovation is playing a critical role as banks use innovations to speed lending operations, improve risk assessment, and reach previously unbanked and remote communities. This contributes greatly to the growth of credit operations. In the fourth quarter of India during FY2023-FY24, personal loan advances amounting to INR 64,778.27 crores were disbursed among various types of consumers, outshining other loan categories such as education loans, auto loans, healthcare financing, and gold loans.

In keeping with the government's aim for a digital economy, State Bank of India has embraced emerging technologies such as Central Bank Digital Currency (CBDC), launching test projects to connect CBDC with current payment ecosystems such as UPI.

Growth in Fintech Startups and Businesses

With the growth in Indian banking sector and integration of technologies in the financial businesses, the emergence of fintech companies, new age fintech startups and alternative lending platforms has disrupted the traditional lending landscape. Fintech lenders leverage technology and data analytics to offer personalized loan products, expedite loan approvals, and cater to underserved segments of the population, further drive the growth of India personal loan market. In the current age, where borrowers are looking for fast and convenient solutions to their needs in terms of personal loans, startups and platforms leverage various technologies to instantly help consumers, relatively to expedite the process.

In 2024, DigitMoney announced the debut of its unique platform in India, which provides a game-changing solution in the domain of personal loans. With the potential to give borrowers with fast pre-approved loan offers, this revolutionary platform is poised to alter the borrowing experience for people across the country. DigitMoney leverages solid partnerships with key lending institutions to shorten the loan application process, making it completely digital and eliminating the need for lengthy documentation.

Rise of Peer-to-Peer Lending to Increase the Market Size

In the Indian context, peer-to-peer lending is not a new concept however access to the Internet and digitalization of the market have changed the dynamics over the past decade and peer-to-peer lending has turned into an innovative and convenient means of financing. Peer-to-peer (P2P) lending platforms have gained traction as alternative sources of personal loans. These platforms connect individual borrowers with investors willing to lend money, providing an alternative financing option for those who may not qualify for traditional bank loans.

One key feature and concept of peer-to-peer lending is the elimination of a financial institution as an intermediary in the deal between a lender and a borrower. In the Indian market, peer-to-peer lending is becoming popular among Indian demographics due to the various benefits offered by the service such as ease of access, flexibility, more control over the lending, and constant returns on investment. India peer-to-peer lending market is growing at an impressive growth rate owing to the growing Indian economy, urbanization, rising disposable income, rise in consumer spending, and especially, digitalization.

Future Market Scenario (FY2025 - FY2032F)

India personal loan market is expected to expand consistently over the coming years with a growing consumer base and a large middle and low-income group who constantly require financial support for various needs.

India personal loan market is likely to transform significantly over the coming years due to the digitalization of financial services with high and increasing emphasis on online application processes with paperless transactions and verification methods.

On the lines of India personal loan market it is expected that data analytics and artificial intelligence (AI) will play a key role in risk assessment, credit ratings, and loan approval processes. Financial institutions are likely to leverage these tools in the near future to make processes more automated, fast-paced, and hassel free.

Key Players Landscape and Outlook

The several key players in India personal loan market are shaping the landscape of the integral financial services in the country. Several key players include banks, NBFCs, fintech startups, and other financial institutions are leading the charge of digital transformation of financial services and continue to shape India personal loan market.

Overall, the market is highly competitive in almost every aspect of personal loans offering similar products and services at similar interest rates and terms and conditions and players are trying to compete on improvised consumer experience and service. With the growing consumer base along with rising consumer needs and aspirations, lifestyle upgradation, and the need for flexible financial support is likely to drive the market in the forecast period. With widespread access to the internet and the proliferation of smartphones and digital devices, acceptance of digital payments will fuel online baking services for personal loans.

Table of Contents

1.Research Methodology

2.Project Scope & Definitions

3.Executive Summary

4.Voice of Customer

• 4.1.Demographics (Age/Cohort Analysis - Baby Boomers and Gen X, Millennials, Gen Z; Gender; Income - Low, Mid, and High; Geography; Nationality; etc.)
• 4.2.Market Awareness and Product Information
• 4.3.Brand Awareness and Loyalty
• 4.4.Factors Considered in Purchase Decision
  • 4.4.1.Interest Rate
  • 4.4.2.Institute Reputation
  • 4.4.3.Financial Flexibility
  • 4.4.4.Loan Sanction Period
• 4.5.Purchase Channel
• 4.6.Purpose of Purchase
• 4.7.Frequency of Purchase
• 4.8.Existing or Intended User
• 4.9.Recommendations from friends, family/online reviews
• 4.10.Role of Brand Ambassador or Influencer Marketing on Product/Brand Absorption

5.India Personal Loan Market Outlook, FY2018 -FY2032F

• 5.1.Market Size & Forecast
  • 5.1.1.By Value
  • 5.1.2.By Volume
• 5.2.By Type
  • 5.2.1.Secured Loans
  • 5.2.2.Unsecured Loans
• 5.3.By Loan Tenure
  • 5.3.1.Short-term (Up to 6 months)
  • 5.3.2.Medium Term (6 to 18 months)
  • 5.3.3.Long-term (More than 18 months)
• 5.4.By Age
  • 5.4.1.Less than 30
  • 5.4.2.30 to 50
  • 5.4.3.More than 50
• 5.5.By Employment Type
  • 5.5.1.Business
  • 5.5.2.Salaried
  • 5.5.3.Others
• 5.6.By Region
  • 5.6.1.East
  • 5.6.2.West and Central
  • 5.6.3.North
  • 5.6.4.South
• 5.7.By Company Market Share (%), FY2024

6.Market Mapping, FY2024

• 6.1.By Type
• 6.2.By Loan Tenure
• 6.3.By Age
• 6.4.By Employment Type
• 6.5.By Region

7.Macro Environment and Industry Structure

• 7.1.Supply Demand Analysis
• 7.2.Import Export Analysis
• 7.3.Value Chain Analysis
• 7.4.PESTEL Analysis
  • 7.4.1.Political Factors
  • 7.4.2.Economic System
  • 7.4.3.Social Implications
  • 7.4.4.Technological Advancements
  • 7.4.5.Environmental Impacts
  • 7.4.6.Legal Compliances and Regulatory Policies (Statutory Bodies Included)
• 7.5.Porter's Five Forces Analysis
  • 7.5.1.Supplier Power
  • 7.5.2.Buyer Power
  • 7.5.3.Substitution Threat
  • 7.5.4.Threat from New Entrant
  • 7.5.5.Competitive Rivalry

8.Market Dynamics

• 8.1.Growth Drivers
• 8.2.Growth Inhibitors (Challenges and Restraints)

9.Key Players Landscape

• 9.1.Competition Matrix of Top Five Market Leaders
• 9.2.Market Revenue Analysis of Top Five Market Leaders (in %, FY2024)
• 9.3.Mergers and Acquisitions/Joint Ventures (If Applicable)
• 9.4.SWOT Analysis (For Five Market Players)
• 9.5.Patent Analysis (If Applicable)

10.Pricing Analysis

11.Case Studies

12.Key Players Outlook

• 12.1.ICICI Bank Limited
  • 12.1.1.Company Details
  • 12.1.2.Key Management Personnel
  • 12.1.3.Products & Services
  • 12.1.4.Financials (As reported)
  • 12.1.5.Key Market Focus & Geographical Presence
  • 12.1.6.Recent Developments
• 12.2.Tata Capital Financial Services Ltd
• 12.3.Bajaj Finance Limited
• 12.4.Poonawalla Fincorp Limited
• 12.5.Housing Development Finance Corporation Limited
• 12.6.Shriram Finance Ltd
• 12.7.Muthoot FinCorp Ltd
• 12.8.Jana Small Finance Bank Limited
• 12.9.AU Small Finance Bank Limited
• 12.10.Axis Bank Limited

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work

13.Strategic Recommendations

14.About Us & Disclaimer

List of Tables

• Table 1. Pricing Analysis of Products from Key Players
• Table 2. Competition Matrix of Top 5 Market Leaders
• Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1.India Personal Loan Market, By Value, In USD Billion, FY2018-FY2032F
• Figure 2.India Personal Loan Market Share (%), By Type, FY2018-FY2032F
• Figure 3.India Personal Loan Market Share (%), By Loan Tenure, FY2018-FY2032F
• Figure 4.India Personal Loan Market Share (%), By Age, FY2018-FY2032F
• Figure 5.India Personal Loan Market Share (%), By Employment Type, FY2018-FY2032F
• Figure 6.India Personal Loan Market Share (%), By Region, FY2018-FY2032F
• Figure 7.By Type Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 8.By Loan Tenure Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 9.By Age Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 10.By Employment Type Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 11.By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2024