Average loan size for passenger vehicles rises 49% to ₹8.2 lakh in 7 years: TransUnion CIBIL
The average passenger vehicle loan amount increased 49% to ₹8.2 lakh in the first half of 2026 compared to 2019, according to TransUnion CIBIL. The report highlights a growing trend of premiumisation, with 51% of loans for higher-value cars coming from semi-urban and rural areas. This shift indicates a rising demand for feature-rich vehicles and longer repayment tenures.