fintech segments in India and grew exponentially from nine billion U.S. dollars in 2012 to nearly 150 billion dollars in 2020. It was expected that the digital lending market would reach a value of around 350 billion dollars by 2023. This business was mainly covered by fintech startups and non-banking financial companies (NBFC).
Digital lending is one of the fastest-growing Value of digital lending market in India from 2012 to 2020, with estimates until 2023 (in billion U.S. dollars)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Digital lending in India
Fintech overview
6
- Premium Statistic Share of unicorns worldwide as of November 2022, by industry
- Premium Statistic Countries with the most fintech unicorns in the world 2023
- Premium Statistic Number of funding deals for startups in India 2023, by city
- Premium Statistic Revenue of fintech market in India 2021 and 2030, by segment
- Premium Statistic Top funded FinTech firms in India Q2 2023, by segment
- Premium Statistic Number of fintech startups in India 2020, by segment
Credit market
6
- Premium Statistic Annual growth of loans in India FY 2019-2023, by financial institution
- Premium Statistic Increase in demand for long term credit in India H1 2022, by sector
- Premium Statistic Share of payment systems India FY 2024
- Premium Statistic Lending interest rates in India 2007-2022
- Premium Statistic Monthly value of credit card transactions India 2020-2022, by location
- Premium Statistic Household debt value across India 2010-2022
Digital lending
4
- Premium Statistic Digital lending value in India 2012-2023
- Premium Statistic Total value of funding deals for digital lending sector in India 2017-2021
- Premium Statistic Share of total number of digitally disbursed SCB loans in India FY 2017-2021
- Premium Statistic Number of P2P-NBFCs India 2022, by city
Buy Now Pay Later
5
- Premium Statistic Buy now, pay later (BNPL) share in e-commerce in 41 countries worldwide 2016-2023
- Premium Statistic Number of BNPL users in retail in India in 2021 and 2026
- Premium Statistic Share of consumers using BNPL India 2022, by purchase category and age
- Premium Statistic Preferred channel for BNPL services India 2022
- Premium Statistic Main sources of knowledge for Buy Now Pay Later (BNPL) services India 2022, by age
Key players
6
- Premium Statistic Leading lending start-ups in India 2022, by select company
- Premium Statistic Revenue of Lendingkart in India FY 2019-2022
- Premium Statistic Revenue of MobiKwik FY 2017-2023
- Premium Statistic Revenue of InCred in India FY 2018-2022
- Premium Statistic Pine lab's operating revenue FY 2018-2023
- Premium Statistic PB Fintech's net profit FY 2018 to FY 2022
Further related statistics
19
- Value of new loans granted in Switzerland from 2017-2022
- Value of lending assets of BRI Indonesia 2010-2017
- Value of lending assets of Bank Maybank Indonesia 2010-2017
- Ratio of non-performing bank loans in Ukraine 2018-2020
- Value of lending assets of Bank Mandiri Indonesia 2010-2017
- Value of lending assets of Bank Danamon Indonesia 2010-2017
- Annual peer to peer (P2P) vs bank lending in the United Kingdom (UK) 2012-2020
- Value of loans outstanding in Switzerland from 2017-2022
- Value of lending assets of Bank Permata Indonesia 2010-2017
- Value of lending assets of the Big Four banks Indonesia 2010-2017
- Value of lending assets of banks Indonesia 2010-2017
- Value of lending assets of Bank CIMB Niaga Indonesia 2010-2017
- Largest banks in Indonesia 2017 by total loans
- Market cap of selected online lending companies globally 2019
- Cumulative financing of fossil fuel expansion worldwide 2016-2019
- Changes in bank lending practices in the United Kingdom (UK) 2014
- Cumulative financing of fossil fuel industry by banks worldwide 2016-2021
- Bank credit off-take in India FY 2009-2020
- Brazil: private banks credit concession value 2017-2018
Further Content: You might find this interesting as well
Statistics
- Value of new loans granted in Switzerland from 2017-2022
- Value of lending assets of BRI Indonesia 2010-2017
- Value of lending assets of Bank Maybank Indonesia 2010-2017
- Ratio of non-performing bank loans in Ukraine 2018-2020
- Value of lending assets of Bank Mandiri Indonesia 2010-2017
- Value of lending assets of Bank Danamon Indonesia 2010-2017
- Annual peer to peer (P2P) vs bank lending in the United Kingdom (UK) 2012-2020
- Value of loans outstanding in Switzerland from 2017-2022
- Value of lending assets of Bank Permata Indonesia 2010-2017
- Value of lending assets of the Big Four banks Indonesia 2010-2017
- Value of lending assets of banks Indonesia 2010-2017
- Value of lending assets of Bank CIMB Niaga Indonesia 2010-2017
- Largest banks in Indonesia 2017 by total loans
- Market cap of selected online lending companies globally 2019
- Cumulative financing of fossil fuel expansion worldwide 2016-2019
- Changes in bank lending practices in the United Kingdom (UK) 2014
- Cumulative financing of fossil fuel industry by banks worldwide 2016-2021
- Bank credit off-take in India FY 2009-2020
- Brazil: private banks credit concession value 2017-2018
EY. (October 17, 2021). Value of digital lending market in India from 2012 to 2020, with estimates until 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 28, 2024, from https://www.statista.com/statistics/1202533/india-digital-lending-volume/
EY. "Value of digital lending market in India from 2012 to 2020, with estimates until 2023 (in billion U.S. dollars)." Chart. October 17, 2021. Statista. Accessed April 28, 2024. https://www.statista.com/statistics/1202533/india-digital-lending-volume/
EY. (2021). Value of digital lending market in India from 2012 to 2020, with estimates until 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 28, 2024. https://www.statista.com/statistics/1202533/india-digital-lending-volume/
EY. "Value of Digital Lending Market in India from 2012 to 2020, with Estimates until 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 17 Oct 2021, https://www.statista.com/statistics/1202533/india-digital-lending-volume/
EY, Value of digital lending market in India from 2012 to 2020, with estimates until 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1202533/india-digital-lending-volume/ (last visited April 28, 2024)
Value of digital lending market in India from 2012 to 2020, with estimates until 2023 (in billion U.S. dollars) [Graph], EY, October 17, 2021. [Online]. Available: https://www.statista.com/statistics/1202533/india-digital-lending-volume/