Mumbai, Dec 9: Experian, a global data and technology company, has released its latest Credit Insights Unsecured Loans, September 2025, offering a detailed overview of India’s evolving unsecured lending landscape, covering personal loans, credit cards, two-wheeler loans, and consumer durable loans. The report highlights sustained growth in unsecured credit demand, supported by stable portfolio performance and improvements in early-stage delinquencies across key products.
Key Trends:
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Strong Loan Sourcing: Q2 FY26 saw robust new loan originations, driven by higher ticket sizes, greater participation from NBFCs, and improved borrower repayment behaviour.
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Maturing Credit Environment: Lenders are adopting refined underwriting practices while consumers demonstrate healthier credit discipline.
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Digital Adoption & Inclusion: Growth in mid- and high-ticket loans, adoption of digital lending, and increased access in semi-urban and Tier 3/4 markets reflect a shift toward structured, transparent borrowing.
Manish Jain, Country Managing Director, Experian India, said;
“We are witnessing a meaningful shift in India’s unsecured lending space. Demand is rising, ticket sizes are increasing, and repayment behaviour is improving. Early-stage delinquency reductions indicate that both lenders and consumers are making informed, responsible choices, signaling progress toward a mature credit ecosystem.”
He added: “Experian’s insights provide a data-led view of these trends, helping financial institutions assess risk, expand access responsibly, and foster transparency, inclusion, and compliance.”
Key Highlights by Product Segment:
Personal Loans:
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AUM reached Rs. 15.9 lakh crore, up 13% YoY.
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Strong YoY growth in fresh sourcing across private banks, public banks, and NBFCs.
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NBFCs expanded share, especially in small-ticket loans (<Rs. 1 lakh).
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Average ticket sizes increased, and early-stage delinquencies improved.
Credit Cards:
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AUM rose to Rs. 3.4 lakh crore, up 9% YoY.
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Fresh sanctioned limits grew 13% QoQ, recovering after prior declines.
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Top four players dominate, with AUM share increasing from 70% to 72%.
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Average credit limits grew, while net 90+ delinquencies fell from 2.0% to 1.8% YoY.
Two-Wheeler Loans:
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AUM reached Rs. 1.8 lakh crore, up 18% YoY.
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New loan sanction amounts grew 9% YoY in Q2 FY26.
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NBFCs hold strong market share, with higher sourcing from NTC customers.
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Higher-ticket loans (Rs. 1–2 lakh) gained share; net 30+ delinquency declined from 6.2% to 5.4%.
Consumer Durable Loans:
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AUM rose to Rs. 1 lakh crore, up 16% YoY.
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Fresh loan sourcing grew 22% YoY, fastest among unsecured products.
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NBFCs dominate due to strong retail penetration; loans below Rs. 20,000 account for ~65% of volume.
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Portfolio delinquency improved, with declines in both Net 30+ and Net 90+ rates.
The Experian Credit Insights Unsecured Loans report equips lenders with a comprehensive, data-driven view of consumer credit behaviour and emerging risks, enabling better decision-making, improved portfolio performance, and responsible credit growth. Experian remains committed to financial inclusion and a transparent, efficient, and resilient credit ecosystem in India.