CRIF High Mark: International Women’s Day Data Points

women borrowers spiked 36% since December 2017. At the onset of International Women’s Day, they have put together the attached data and insights around the women borrowing trends.

Key Observations:

-          Since Dec 2017, there is an incredible growth of 33% and 41% amongst women borrowers in the age group 36-50 and >50, respectively

-          Portfolio outstanding is lowest in Andhra Pradesh, Uttar Pradesh, Telangana for personal, auto and housing loan, respectively

-          The average ticket size for women is more than that of men across home and auto loans

-          Women took most number of home loans across all categories as compared to men

-          The female borrowers also default less. Their delinquencies for home and auto loans are 15 and 10 basis points better than that of men

-          Top 4 southern states contribute 38.6 % towards total female personal loan

-          Top 3 southern states contribute 28.3 % towards total female auto loan

-          Top 3 southern state contribute 27% towards total female home loan

International Women’s Day Data Points

Percentage share of male and female borrowers across various loan categories (as of Dec 2019)

	Personal Loan	Auto Loan	Home Loan
Size of Market	Rs 5.11L Cr	Rs. 4.58L Cr	Rs 20.6L Cr
Female	15%	15%	29%
Male	85%	85%	71%

Observation: Indian women are availing credit more for home Loan as compared to personal and auto loans.

Growth of loan portfolio according to age groupin the span of two years since Dec 2017

-          33% in the age group of 36-50 years

-          41% in the age group of >50 years

Observation: Womenborrowers spiked 36% since December 2017

Delinquency rates of male and female borrowers across loan categories (PAR 91-180)

	Personal Loan	Auto Loan	Home Loan
Female	0.71%	0.96%	0.63%
Male	0.70%	1.06%	0.78%

Observations:

·         For Home loans as well as Auto loans, the delinquency of women borrowers at 0.63% and 0.96% is better off by 15 basis points and 10 basis points, respectively over the delinquency of male borrowers.

·         On the other hand, for Personal loans, the delinquency is almost at par for both men and women with a marginal difference of just one basis point, where women are deemed to be at a higher default risk at 0.70%

Average Ticket Size Loans across various loan categories (as of Dec 2019)

	Personal Loan (L)	Auto Loan (L)	Housing Loan (L)
Female	1.68	4.79	16.38
Male	1.79	4.46	14.45

Observations:

·         The average ticket size of a home loan when women borrow (16.38 lakh) is 13.35 % higher than when a man borrows (14.45 lakh)

·         The average car loan size when women borrow (4.79 lakh) is 7.3% higher than when a man borrows (4.46lakh)

·         For personal loans, women seem to borrow less than men. The average ticket size for female applicants (1.68 lakh) is 6.5% less than when a man borrows (1.79 lakh)

States with the most amount of Female Portfolio Outstanding (as of Dec 2019)

Personal Loan	Portfolio Outstanding (Cr)	Auto Loan	Portfolio Outstanding (Cr)	Housing Loan	Portfolio Outstanding (Cr)
Tamil Nadu	10,908	Maharashtra	7,681	Maharashtra	1,31,591
Maharashtra	10,259	Karnataka	7,076	Tamil Nadu	61,215
Karnataka	7,691	Tamil Nadu	6,927	Karnataka	60,731
Telangana	6,008	Telangana	6,113	Gujarat	43,470
Andhra Pradesh	5,332	Uttar Pradesh	5,333	Telangana	40,464

Observations:

·         Women borrowers from southern states contribute more as compared to western and northern states

·         Top 4 southern states contribute 38.6 % towards total female personal loan

·         Top 3 southern states contribute 28.3 % towards total female auto loan

·         Top 3 southern state contribute 27% towards total female home loan

States with the most amount of Male Portfolio Outstanding (as of Dec 2019)

Personal Loan	Portfolio Outstanding (Cr)	Auto Loan	Portfolio Outstanding (Cr)	Housing Loan	Portfolio Outstanding (Cr)
Maharashtra	56,028	Maharashtra	50,635	Maharashtra	336,799
Tamil Nadu	40,997	Uttar Pradesh	33,682	Karnataka	152,023
Karnataka	40,164	Gujarat	33,781	Tamil Nadu	133,191
Telangana	33,982	Karnataka	27,665	Gujarat	123,026
Andhra Pradesh	31,632	Tamil Nadu	26,625	Uttar Pradesh	95,708

Observations:

·         Men borrowers from southern states contribute more as compared to western and northern states

·         Top 4 southern states contribute 33.8 % towards total male personal loan

·         Top 2 southern states contribute 14 % towards total female auto loan

·         Top 2 southern state contribute 19% towards total female home loan