From Financialexpress · Kshipra Petkar · · 1m 10s
New-to-Credit Borrowers Drop in 2W Loans
Two-wheeler loan borrowers with new credit history fell to 39% in H1 2026 from 60% in 2019, per TransUnion CIBIL report.
In brief
Two-wheeler loan borrowers with new credit history fell to 39% in H1 2026 from 60% in 2019, per TransUnion CIBIL report. New-to-credit borrowers in two-wheeler loans dropped to 39% in H1 2026 from 60% in 2019 as more consumers enter formal credit via smaller loans before vehicle financing. Originally reported by…
New-to-credit borrower share in 2W loans
The share of new-to-credit borrowers in two-wheeler loans dropped to 39% in H1 2026 from 60% in 2019.
Borrowers enter formal credit via smaller loans
More consumers enter formal credit through smaller-ticket loans before seeking vehicle financing.
TransUnion CIBIL report findings
62% of two-wheeler loan borrowers had two or more active credit relationships.
Repeat borrowers in 2W loans
21% of two-wheeler loan borrowers were repeat two-wheeler loan borrowers.
Credit history trends
Borrowers with more than two years of credit history accounted for 43% of two-wheeler loan originations.
Delinquency rates improve
The 90-plus days past due delinquency rate for two-wheeler loans declined by 128 basis points to 1.4% in Q4 FY26.
Cross-selling opportunities
68% of consumers who originated two-wheeler loans in H2 2022 took another credit product by H2 2025.
What to remember
New-to-credit borrowers in two-wheeler loans dropped to 39% in H1 2026 from 60% in 2019 as more consumers enter formal credit via smaller loans before vehicle financing.
