Digital Personal Loans Surge: Volume and Value Climb High!

Finance

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Digital Personal Loans Surge: Volume and Value Climb High!

In Q3 FY26, the world of digital personal loans saw a big jump! The number of loans rose by 9.3% to 35 million, while their total value skyrocketed by 52.86% to Rs 56,892 crore. Despite digital NBFCs holding only 19% of the market value, they accounted for a whopping 78% of the loan volume! Clearly, digital loans are becoming the go-to choice for many.