What is the current India Auto Loan Market size?

The India Auto Loan Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029) Read More

What years does this India Auto Loan Market cover?

The report covers the India Auto Loan Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the India Auto Loan Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

India Auto Loan Market Size & Share Analysis - Industry Research Report

India Auto Loan Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

India Auto Loan Market Report is segmented by vehicle type (passenger vehicles, commercial vehicles), by ownership (new vehicles, used vehicles), end user (individual, enterprise), and by loan provider (banks, OEMs, credit unions, other loan providers). The market sizes and forecasts for the Indian auto loan market are provided in terms of value (USD) for all the above segments.

India Auto Loan Industry Overview

In India, the auto loan industry is relatively fragmented, with a mix of big banks, non-banking financial firms (NBFCs), and other financial institutions functioning in the market. Technological innovations in the banking industry are resulting in lenders offering their digital loan services to increase their reach and market size. Some of the key players in the Indian auto loan market are HDFC Bank Limited, State Bank of India, ICICI Bank Limited, Mahindra & Mahindra Financial Services Limited, and Axis Bank Limited.