Summary:

FinTech NBFCs disbursed a record 10.9 crore personal loans worth Rs. 1,06,548 crore (US$ 12.42 billion) in FY25, according to the Fintech Association for Consumer Empowerment (FACE), an RBI-recognised self-regulatory entity. Despite accounting for only 12% of the market in terms of value, FinTech lenders accounted for 74% of all loan volumes, indicating rising demand for modest, frequent personal borrowing. The outstanding loan portfolio stood at Rs. 73,311 crore in March 2025, up 0.7% year on year. Notably, 66% of loan value went to borrowers under 35, with 39% in tier III cities or higher. The average loan amount was Rs 9,786. Approximately 56% of borrowers had credit records longer than five years, while 16% of loans went to women.

Source: IBEF

Disclaimer: The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the supplied content, including its accuracy, completeness, and usefulness.