CIBIL: average car loan hits ₹8.2 lakh, tenure reaches 62 months
TransUnion CIBIL says the average passenger-vehicle loan reached ₹8.2 lakh in H1 2026, up 49% from H1 2019, while tenure grew by…
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In this short
- VEHICLE LOANS Car Loans Are Getting Larger A new CIBIL report shows Indian buyers are financing more expensive cars over longer terms.
- THE NUMBER Average Loan Hits New High ₹8.2 lakh H1 2026 average for passenger-vehicle loans, up 49% from H1 2019.
- REPAYMENT TERM Tenure Reaches 62 Months 62 months The average term increased by five months across the same period.
- WHO IS BORROWING Rural Markets Gain Share 51% Semi-urban and rural borrowers made up a majority of higher-value car-loan borrowers in H1 2026.
- READ THE FULL STORY See The Full Loan Cost The full story explains what to compare beyond the monthly EMI.
- READ THE FULL STORY Get the full breakdown Sources, numbers and what to watch next.
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