Showing posts with label India Two Wheeler Loan Market. Show all posts
Showing posts with label India Two Wheeler Loan Market. Show all posts
Thursday, 9 April 2020
Wednesday, 1 April 2020
Tier 2 Cities to Continue Leading India Two Wheeler Loan Market – TechSci Research
Rising two wheeler sales coupled with easy availability of financing options to boost Two Wheeler Loan Market
According to TechSci Research report, “India Two Wheeler Loan Market By Type, By Source, By Percentage of Amount Sanctioned, By Type of City, By Tenure, Competition, Forecast & Opportunities, 2025”, in 2018, India registered sales of over 26 million two wheelers, making it the world’s largest two wheeler market. As a result, major automakers are setting up their production plants and are focusing on launching new vehicles in the developing economy, which would drive the country’s two wheeler loan market in the coming years. Declining unemployment rates, increasing disposable income and high per capita income level are positively impacting the two wheeler loan market in India.
Browse 38 market data Figures and Tables spread 80 Pages and an in-depth TOC on "India Two Wheeler Loan Market"
India two wheeler loan market can be segmented based on the type, source, percentage of amount sanctioned, type of city, tenure and region. In terms of type of city, market can be segmented into tier 1, tier 2, tier 3 and tier 4. Of all, Tier 2 cities are the major adopters of two wheelers in the country due to congested roads and parking issue in these cities. Two wheelers provide ease of parking and are also fuel efficient, which is pushing their demand across tier 2 cities, thereby boosting two wheeler loans market in such regions.
Major companies offering loans for the purchase of two wheeler in India are Banks and Non Banking Financial Companies (NBFC). NBFCs are coming up with various credit provisions with minimum documentation in order to attract more buyers and borrowers. Leading banks operating in the market include HDFC Bank, ICICI Bank, State Bank of India, Kotak Mahindra Prime Ltd., Axis Bank, among others.
Customers can also request for 10% free customization on this report.
“Two wheeler loan market in India is anticipated to grow at an impressive rate during the forecast period owing to low loan interest rates and cost effectiveness of two wheelers. Moreover, factor like growing disposable income, declining fuel prices and increasing ownership of two wheelers are further bolstering the growth of the two wheeler market in India, which in turn is driving the two wheeler loan market in the country.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Two Wheeler Loan Market By Type, By Source, By Percentage of Amount Sanctioned, By Type of City, By Tenure, Competition, Forecast & Opportunities, 2025” has analyzed the potential of two wheeler loan market across the country, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by India two wheeler loan market.
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Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Sunday, 8 September 2019
Tier 1 Cities to Lead India Two Wheeler Loan Market During Forecast Period
Enhanced
need for connectivity, particularly in mid sized and smaller cities to drive
two wheeler market during forecast period
According
to TechSci Research report, “India Two Wheeler Loan Market By Type, By Source, By
Percentage of Amount Sanctioned, By Type of City, By Tenure, Competition,
Forecast & Opportunities, 2024”, in 2018, India registered sales of over 26 million two
wheelers, making it the world’s largest two wheeler market. As a result, major
automakers are setting up their production plants and are focusing on launching
new vehicles in the developing economy, which would subsequently drive the two
wheeler loan market in India as well. Declining unemployment rates, increasing
disposable income and high per capita income level are influencing the two
wheeler loan market in India. Additionally, two wheelers are viewed as
essential when compared with other counterparts, as a result, one in three
households in India owns a two wheeler.
Browse market data Figures and Tables spread
through Pages and an in-depth TOC on "India Two Wheeler Loan Market"
India two
wheeler loan market can be segmented based on the type, source, percentage of
amount sanctioned, type of city, tenure and region. In terms of type of city,
market can be segmented into tier 1, tier 2, tier 3 and tier 4. Of all, Tier 1
cities are the major adopter of two wheelers in the country due to congested
roads and parking issue in these cities. Two wheelers provide ease of parking
and are also fuel efficient, which is pushing their demand across tier 1 cities.
Major companies offering loans for the
purchase of two wheeler in India are banks, OEM and non banking financial
company (NBFC). Original equipment manufacturers (OEMs) are coming up with
various credit provision in order to attract more buyers and borrowers and are
offering loan based on individual needs for the purchase of two wheeler in the
country. The companies operating in the market include HDFC Bank, ICICI Bank,
State Bank of India, Kotak Mahindra Prime Ltd., Axis Bank, Bajaj Auto Finance,
Tata Capital, Hero Fincorp, IDFC FIRST Bank, Mahindra & Mahindra Financial
Services Limited, Shriram Transport Finance Co. Ltd., among others.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4222
Customers can also request for 10% free customization on
this report.
“Two wheeler loan market in India is anticipated to grow at an impressive
rate during the forecast period owing to low loan interest rates and cost
effectiveness of two wheelers. Moreover, factor growing disposable income,
declining fuel prices and increasing ownership of two wheelers are further bolstering
the growth of the two wheeler market in India, which in turn is driving the two
wheeler loan market as well.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“India Two Wheeler Loan
Market By Type, By Source, By Percentage of Amount Sanctioned, By Type of City,
By Tenure, Competition, Forecast & Opportunities, 2024” has analyzed the potential of two wheeler loan market across
the country, and provides statistics and information on market sizes, shares
and trends. The report will suffice in providing the intending clients with
cutting-edge market intelligence and help them in taking sound investment
decisions. Besides, the report also identifies and analyzes emerging trends
along with essential drivers and key challenges faced by India two wheeler loan
market.
Browse Related Reports
Global
Peer to Peer Lending Market By Business Model (Traditional P2P Model &
Marketplace Lending Model), By End User (Consumer Credit; Small Business;
Student Loans & Real Estate), By Region (North America, Europe &
Others), Competition, Forecast & Opportunities, 2024
Global Real Time Payment Market By Nature of Payment (P2P, P2B,
B2P), By Component (Solutions, Services), By Deployment Mode (On-Premise,
Cloud), By End User (BFSI, IT & Telecommunication, Retail & Ecommerce,
Government, Energy & Utilities, Others), By Company, By Region,
Competition, Forecast & Opportunities, 2024
Global POS Terminal Market By Product Type (Fixed, Portable &
mPOS), By Deployment (Cloud & On-Premise), By EMV Compliance (EMV &
Non-EMV), By Industry (Retail, Travel & Hospitality, Media &
Entertainment, Healthcare, Education & Others), By Region, Competition,
Forecast & Opportunities, 2024
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
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