# 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.
- Title: New-to-Credit Borrowers Drop in 2W Loans · Financialexpress
- Summary: 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…
- Keywords: transunion cibil, two wheeler loans, credit history, borrower share, h1 2026, 2019, consumer durable loans, business, money, news, New-to-Credit, Borrowers
- Source: Financialexpress — https://financialexpress.com/business/banking-finance-new-to-credit-borrower-share-in-2w-loans-falls-sharply-report-4360297
- Author: Kshipra Petkar
- Published: 2026-10-13T12:19:16+00:00
- Read time: 1 min
- Topics: transunion cibil, two wheeler loans, credit history, borrower share, h1 2026, 2019, consumer durable loans, business, money, news
## 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.
## Key takeaway

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.