In the financial year 2023, 88 percent of the loans disbursed by fintech companies in India were given for a tenure of less than six months. 12 percent of the loans were given for the duration of six months to a year.
Distribution of loans disbursed via fintech in India in financial year 2023, by tenure
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Further Content: You might find this interesting as well
FinTech Association for Consumer Empowerment. (August 14, 2023). Distribution of loans disbursed via fintech in India in financial year 2023, by tenure [Graph]. In Statista. Retrieved May 15, 2024, from https://www.statista.com/statistics/1417353/india-distribution-of-loans-disbursed-via-fintech-by-tenure/
FinTech Association for Consumer Empowerment. "Distribution of loans disbursed via fintech in India in financial year 2023, by tenure." Chart. August 14, 2023. Statista. Accessed May 15, 2024. https://www.statista.com/statistics/1417353/india-distribution-of-loans-disbursed-via-fintech-by-tenure/
FinTech Association for Consumer Empowerment. (2023). Distribution of loans disbursed via fintech in India in financial year 2023, by tenure. Statista. Statista Inc.. Accessed: May 15, 2024. https://www.statista.com/statistics/1417353/india-distribution-of-loans-disbursed-via-fintech-by-tenure/
FinTech Association for Consumer Empowerment. "Distribution of Loans Disbursed via Fintech in India in Financial Year 2023, by Tenure." Statista, Statista Inc., 14 Aug 2023, https://www.statista.com/statistics/1417353/india-distribution-of-loans-disbursed-via-fintech-by-tenure/
FinTech Association for Consumer Empowerment, Distribution of loans disbursed via fintech in India in financial year 2023, by tenure Statista, https://www.statista.com/statistics/1417353/india-distribution-of-loans-disbursed-via-fintech-by-tenure/ (last visited May 15, 2024)
Distribution of loans disbursed via fintech in India in financial year 2023, by tenure [Graph], FinTech Association for Consumer Empowerment, August 14, 2023. [Online]. Available: https://www.statista.com/statistics/1417353/india-distribution-of-loans-disbursed-via-fintech-by-tenure/