印度個人貸款市場評估：依類型、貸款期限、年齡、就業狀況和地區劃分的機會和預測（2018-2032）

印度個人貸款市場規模預計將從 2024 年的 83.4 億美元增長到 2032 年的 548.6 億美元，在預測期內複合年增長率為 26.55%。

由於多種因素（包括作為中等收入經濟體），印度的個人貸款市場一直強勁，並且多年來顯著擴張。該市場擁有多種類型的公司，從銀行到 NBFC（非銀行金融公司），是一個高度動態和競爭的市場，透過網路的普及和改進帶來了點對點借貸的新概念。市場。這些金融機構以具競爭力且靈活的條款和利率向各類消費者提供個人貸款。

由於城市化、數位化、生活方式的改變和消費者支出的增加等多種因素，印度的個人貸款市場正在成長。在當前數位時代的情況下，消費者在生活方式上的花費越來越多，例如購買昂貴的智慧型手機和手錶，以及在旅行和婚禮上花費更多。

印度的個人貸款市場已經從填寫文件、表格、申請表和等待數天的貸款批准，到現在只需在智慧型手機上點擊幾下即可立即獲得批准，並且幾天之內即可獲得貸款金額。印度人口超過 14 億，在個人消費貸款和墊款領域擁有龐大的客戶群，這對於各級主要市場參與者及其地理分佈來說是一個福音。

根據評級機構CareEdge 的報告，銀行和非銀行金融機構的個人貸款信貸已從2017 年3 月31 日的18.6 兆盧比(21.5%) 增加到過去六年的約三倍，達到51.7 萬億盧比，佔未償餘額總額的30.3%。

本報告調查了印度個人貸款市場，包括市場定義和概述、市場規模趨勢和預測、各個細分市場和地區的詳細分析、行業結構以及影響市場成長的因素分析、案例研究、競爭格局。 、主要公司簡介等等。

目錄

第一章研究方法

第 2 章專案範圍與定義

第 3 章執行摘要

第 4 章顧客回饋

• 人口統計
• 市場認知度與產品訊息
• 品牌知名度與忠誠度
• 做出購買決定時考慮的因素
• 購買通路
• 購買目的
• 購買頻率
• 現有或已計劃的用戶
• 朋友和家人的推薦/線上評論
• 品牌大使和影響者行銷在促進產品/品牌滲透方面的作用

第五章印度個人貸款市場展望

• 市場規模/預測
• 依類型
  • 擔保貸款
  • 無抵押貸款
• 依貸款期限
  • 短期（最長 6 個月）
  • 中期（6-18 個月）
  • 長期（超過 18 個月）
• 依年齡
  • 30歲以下
  • 50歲以上
• 依就業類型
  • 企業主
  • 工薪族
  • 其他
• 依地區
  • 東方
  • 西部/中部地區
  • 北
  • 南部
• 市佔率：依公司劃分，2024 年

第 6 章市場地圖，2024 年

• 依類型
• 依貸款期限
• 依年齡
• 依就業類型
• 依地區

第七章宏觀環境與產業結構

• 需求與供給分析
• 匯入/匯出分析
• 價值鏈分析
• PESTEL 分析
• 波特五力分析

第 8 章市場動態

• 生長促進因素
• 生長抑制因子（問題/限制）

第九章主要公司狀況

• 前 5 名市場領導者的競爭矩陣
• 前 5 位市場領導者的市場收入分析
• 併購/合資企業（如果適用）
• SWOT 分析（5 家參與公司）
• 專利分析（如果適用）

第10章價格分析

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 章策略建議

第14章關於我們公司/免責聲明

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