Declining interest rate, less paper work, fast processing time, rebate on income tax, flexibility to repay, attractive schemes have led for the significant growth of Indian Loan Market.
India loan market is estimated to generate Rs 9,324.3 billion in 2011 and is expected to reach Rs 21,980.6 billion by 2016 with a CAGR of 18.7% from 2011-2016. The loans which constitutes and plays a crucial role in Indian loan market includes home loans, education loan, auto loan, personal loan, consumer durable loan and much hyped gold loans. According to TechSci Research, in 2010, home loan holds the largest market share of 46.1% in Indian loan market. Declining interest rates, flexibility to repay, increased dwelling of housing societies have led for its growth.
However, gold loan market is growing with the highest growth rate and is expected to grow with a CAGR of 38.7% from 2011-2016. The availability of Gold among almost every middle class Indian family has accounted for this growth. The Indian population holds world’s 11% of the total Gold that value’s around Rs. 32,100 Billion in 2010.
In 2010, Southern India dominates the Indian loan market with a share of 35.4%, followed by Northern India, Western India and Eastern India. The Northern India loan market is expected to reach $7,319.8 Billion by 2016 at an estimated CAGR of 21.3% from 2011-2016. “The India Loan Market Opportunities & Forecast 2016” discusses the following issues related to the Indian Loan Market.
• India Loan Market Size & Share
• Housing Loan Market
• Auto Loans Market
• Gold Loans Market
• Consumer Durable Loans Market
• Education Loans Market
• Personal Loans Market
• Market Drivers & Challenges
“The India Loan Market Opportunities & Forecast 2016” gives a detailed and unbiased overview on the loans market in India. This report helps readers to identify ongoing trends in the industry and expected growth in the coming years, as a consequence of changing industry dynamics in the coming years. The report will help industry consultants, bankers and non-banking financial companies and other stakeholders to align their market-centric strategies according to ongoing and expected future trends.
For more information kindly visit : http://www.bharatbook.com/detail.asp?id=203552&rt=India-Loans-Market-Opportunities-Forecast-2016-Home-Loan-Auto-Loan-Gold-Loan-Education-Loan-Personal-Loan-Consumer-Durable-Loans.html
Federal Home Loan Mortgage Corporation: SWOT Analysis & Company Profile
Federal Home Loan Mortgage Corporation (FRE) - Financial and Strategic SWOT Analysis Review
Contact us at :
Bharat Book Bureau
Tel: +91 22 27578668
Fax: +91 22 27579131
Follow us on twitter: http://twitter.com/#!/BharatBook
You will need to protect your credit score, regardless if you have active credit cards or not. Loans, cell phones, and rent all affect your credit report; your credit score is determined from the information on your credit report. More >>
Western money is one of the best option to choose for transferring money to any place. More >>
Obtain tips on creating a credit friendly budget that allows you to pay your bills on time and have money left over. More >>
The concept of online banking dates way back to nearly three decades ago. It came into existence in the public eye only in the mid-1990s (this was after it was tested and experimented with for more than ten years). Today, online banking is growing fast in this tech-savvy world. More >>
There are many debates that have taken place based on the indicators that should be used by the traders while trading. More >>
Bharatbook added a new report on " India Loans Market Opportunities which gives the information of Home Loan, Auto Loan, Gold Loan, Education Loan, Personal Loan, Consumer Durable Loans". More >>
* has this special report, which sources information of The Philippines Food & Drink Report has been researched at source, and features latest-available data covering food, drink and tobacco consumption More >>
* has this special report, which sources information of The Nigeria Food & Drink Report has been researched at source, and features latest-available data covering food, drink consumption. More >>
* has this special report, which sources information of The Malaysia Food & Drink Report has been researched at source, and features latest-available data covering food, drink and tobacco consumption. More >>
Point of Care Coagulation Testing: World Market 2013-2023 which provides an in-depth analysis of this segment. the report uses a wealth of research tools - including market forecasting, qualitative analyses, probing interviews with industry experts, literature searches and use of commercial database More >>