Indian Personal Loan Market Outlook Report 2020-2025, with Key Player Profiles Including IDFC First Bank, HDFC Bank, TATA Capital and SBI Bank

News provided by

Aug 04, 2020, 06:30 ET

DUBLIN, Aug. 4, 2020 /PRNewswire/ -- The "India Personal Loan Market by Source (Bank & Non-Banking Financial Company (NBFC)), by Tenure (Less than 1 Year; 2-3 Year; & 4-5 Years), by Purpose (Home Improvement; Wedding; Travel; & Others), by Interest Rate (10%-15% & 16%-20%), Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.

The Indian Personal Loan Market is expected to grow at a formidable rate of around 10% during the forecast period. The increasing gap income and expenditure coupled with rising aspirations, especially among the young population are the key factors driving the Indian Personal Loan Market. Additionally, the size of personal loans is much smaller and easy to access which is further propelling the market. Furthermore, digitisation has resulted in lowering costs, which is anticipated to positively influence the market in the coming years.

The Indian Personal Loan Market is segmented based on source, tenure, purpose, interest rate, company and region. Based on source, the market can be bifurcated into bank and non-banking financial company (NBFC). Banks are expected to dominate the market during forecast period since the penetration of banks is far more than any other credit union in the country. Furthermore, if an already existing bank customer applies for a personal loan in that bank, he/she gets some additional benefits and services. Based on purpose, the market can be fragmented into home improvement, wedding, travel and others. The wedding segment is expected to dominate the market since the Indian population is usually opting for personal loans when its either their own marriage or some close relative's.

The major players operating in the Indian Personal Loan Market are IDFC First Bank, HDFC Bank, ICICI Bank, TATA Capital, Kotak Mahindra Bank, IndusInd Bank, Fullerton India, Bajaj FinServ, SBI Bank and others.

Years considered for this report:

Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025

Objective of the Study:

To analyze and forecast the market size of the Indian Personal Loan Market.
To classify and forecast the Indian Personal Loan Market based on source, tenure, purpose, interest rate, company and regional distribution.
To identify drivers and challenges for the Indian Personal Loan Market.
To identify and analyze the profile of leading players operating in the Indian Personal Loan Market.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on India Personal Loan Market

4. Executive Summary

5. Voice of Customer

6. India Personal Loan Market Outlook
6.1. Market Size & Forecast
6.2. Market Share & Forecast
6.3. Market Attractiveness Index

7. North India Personal Loan Market Outlook
7.1. Market Size & Forecast
7.2. Market Share & Forecast

8. West India Personal Loan Market Outlook
8.1. Market Size & Forecast
8.2. Market Share & Forecast

9. South India Personal Loan Market Outlook
9.1. Market Size & Forecast
9.2. Market Share & Forecast

10. East India Personal Loan Market Outlook
10.1. Market Size & Forecast
10.2. Market Share & Forecast

11. Market Dynamics
11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

13. Policy & Regulatory Landscape

14. India Economic Profile

15. Competitive Landscape
15.1. Company Profile
15.1.1. Company Detail
15.1.2. Service Charges & Fees
15.1.3. Documentation Required for Loan
15.1.4. Terms & Conditions of Loan
15.2. IDFC First Bank
15.3. HDFC Bank
15.4. ICICI Bank
15.5. TATA Capital
15.6. Kotak Mahindra Bank
15.7. IndusInd Bank
15.8. Fullerton India
15.9. Bajaj FinServ
15.10. SBI Bank

16. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/e011nt

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets