Young Indians Drive Early Homeownership & Secured Credit Uptake: PB Fintech Data

• PB Fintech data reveals younger Indians are increasingly entering the credit ecosystem, showing a strong preference for secured, asset-backed products.
• New home loan borrowers under 30 nearly doubled to 16% in 2025 from 9% in 2022, reflecting earlier homeownership and a 12% YoY growth in housing loans.
• Secured credit card issuance surged by 62% YoY, while traditional unsecured cards declined 21%, with 34% of new cardholders under 30.
• Personal loans grew 35% YoY, primarily for short-term liquidity, with smaller loans increasing by 77% and salaried individuals accounting for 70% of disbursals.
• These trends suggest a more informed approach to credit among younger Indians, potentially leading to healthier credit profiles and a balanced retail credit ecosystem.

Why It Matters: Younger Indians are embracing secured credit and early homeownership, fostering a healthier credit ecosystem.