In India digital NBFCs disburse 132 million loans worth 2.15L cr
Digital-first NBFCs have taken over India's personal loan scene, handing out 132 million loans worth ₹2.15 lakh crore in FY2026.
That's 77% of all loans by number, showing just how many people, especially younger folks and those outside big cities, are turning to digital lenders for quick cash.
Digital NBFCs outstanding portfolio 1.43L cr
While banks still lead in total loan value, digital NBFCs shine when it comes to small-ticket loans: their average loan is just ₹16,238 (compared to banks' ₹4.9 lakh).
Borrowers under 35 made up most of the action, with those under 25 seeing a huge 102% jump in borrowing.
Nearly 39% of the sanctioned value came from Tier III cities and beyond, while 37% originated from rural areas.
By March 2026, digital lenders had an outstanding loan portfolio of ₹1.43 lakh crore, and their repayment rates even improved along the way.