Digital personal loan value in Q3 FY26 up 53% to Rs 56,892 crore: FACE
24 Mar 2026, 06:38 PMThe average sanctioned ticket size during the April-December period was Rs 15,493.
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The value of digital personal loans rose 53% to Rs 56,892 crore in Q3 (October-December) of this fiscal FY26 from Rs 37,217 crore in the same period last financial year.
In terms of volume, the number of digital personal loans sanctioned increased to 3.5 crore during the quarter from 3.2 crore in the same period last fiscal, said Fintech Association for Consumer Empowerment (FACE), an RBI-recognized self-regulatory organization in the fintech sector, in a statement.
In the nine months period (April-December), digital personal loans accounted for 78% of volumes and 19% of the value of all personal loans sanctioned, numbering 9.9 crore and worth Rs 1,53,260 crore, respectively.
The average sanctioned ticket size during the April-December period was Rs 15,493 as compared to Rs 13,102 in the full fiscal FY25. The average ticket size of banks and NBFCs was around Rs 5 lakh and Rs 1 lakh, respectively.
The credit distribution during this period included 60% of the sanctioned value going to borrowers under 35 years, 18% to women, and 39% to customers from Tier III cities and beyond.
The portfolio quality has improved consistently with days past due (dpd) 90+ reaching 1.9% in December 2025, reducing from 3.3% in March 2023, it said.
"The trends show expanding market access as it constantly calibrates strategies to sustain the growth and improve portfolio quality. Digital loans have a unique place in the consumer's financial management tool kit, as they seek liquidity for dreams and distress," said Sugandh Saxena, CEO, FACE.
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