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Digital NBFCs' Personal Loan Book Soars to ₹1.54 Lakh Crore, Up 28% Annually
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CNBC TV18•01-10-2026, 17:49
Digital NBFCs' Personal Loan Book Soars to ₹1.54 Lakh Crore, Up 28% Annually
- •Digital NBFCs sanctioned 3.4 crore personal loans worth ₹64,656 crore in Q1 FY27, with the outstanding portfolio growing 28% year-on-year to ₹1.54 lakh crore.
- •These digital lenders accounted for 70% of total personal loan sanction volumes and 22% of sanction value in Q1 FY27, as per a FACE report based on CRIF High Mark data.
- •The average loan size for digital NBFCs increased to ₹18,802, a 15% rise from FY26, indicating a shift towards larger-ticket borrowing.
- •Despite growth, digital personal loans remain smaller on average (₹18,802) compared to traditional NBFCs (₹70,025) and banks (₹4,52,212).
- •Portfolio quality remains stable, with only 1.4% of outstanding digital personal loans over 90 days past due, and a significant portion of borrowers are young (under 35) and from Tier III cities.
Key Questions Answered
As of June 2026, the outstanding digital personal loan portfolio reached ₹1.54 lakh crore across 5.6 crore accounts, representing a 28% increase in value from the previous year.
Digital non-banking financial companies sanctioned 3.4 crore personal loans with a combined value of ₹64,656 crore during the first quarter of fiscal year 27.
Portfolio quality remained stable with loans overdue by more than 90 days accounting for 1.4% of the total outstanding digital personal loan portfolio as of June 2026.
