Intervening smartly, Lentra accelerates the lending process
India’s credit landscape is witnessing a renewed surge as consumer confidence, festive demand, GST rate cuts and digital infrastructure reforms combine to unlock credit appetite across retail, MSME and first-time borrower segments. Lentra, the leading lending technology provider serving banks and NBFCs, has reported a 43 per cent surge in loan value and 41 per cent growth in volume through its platform, in the festive season this year.
Lentra, an AI-first digital platform, accelerates lending processes for banks to grow AUM, improve customer experience, reduce risk and bring cost efficiency. It significantly reduces the time taken to launch and scale new lending verticals.
Lentra’s continued investments in AI-led automation and platform scalability make it a trusted technology partner for India’s top banks and NBFCs. By enabling faster onboarding, intelligent risk assessment and resilient infrastructure, Lentra is expected to drive the next phase of India’s credit digitisation and support the nation’s journey towards becoming the world’s third-largest economy by 2030.
Lentra’s digital platform for lending serves over 50 banks and NBFCs and has processed over $50 billion worth of loans cumulatively since 2019, while processing over 3 million loan applications monthly. HDFC Bank, IndusInd Bank, HDB Financial Services, TVS Credit, Federal Bank, Poonawalla Fincorp, Aditya Birla, Small Business FinCredit, Cholamandalam, etc, are some of the clients that are expanding their reach, mitigating non-performing assets and optimising operational efficiencies.
“India’s lending market is evolving faster than ever, with AI transforming how banks and NBFCs serve today’s consumers,” says D. Venkatesh, CEO, Lentra. “At Lentra, our mission is to strengthen India’s credit digital infrastructure by embedding intelligence across every step of the lending process, enabling smarter decisions, faster access and a more inclusive financial ecosystem. We offer the most comprehensive and proven suite of digital lending solutions, powering the entire credit value chain from origination to collections with intelligence, improving first-time-right rates, revenue generation, speed and reliability. This depth of capability sets us apart and continues to attract India’s most forward-looking banks and financial institutions.”
India’s festive season sets a strong tone for the Indian banking sector, showcasing its strength, resilience and retail-driven momentum, as we move towards 2026. With the implementation of GST 2.0, credit growth surged by 11.38 per cent y-o-y, the highest since January, as per data released by the Reserve Bank of India. With consumer spending and retail borrowing ramping up, it reflects India’s evolving consumption and credit patterns. A TransUnion CIBIL highlights a generational shift, with 61 per cent of fintech borrowers under the age of 30. Early credit adoption is becoming a key trend, with 41 per cent of first-time borrowers now being Gen Z.
Growing loan volume
Lentra recorded 60 per cent growth in loan value and 41 per cent y-o-y growth in loan volume, resulting in disbursement of Rs1,633 crore for consumer durables and Rs385 crore for two-wheelers, over the 11 days leading up to Dussehra. Mobile phones were the most financed product category, representing 63 per cent of all consumer-durable loans. Consumers opted for devices in the Rs20,000-1,00,000 price range, such as Vivo (30 per cent) and Oppo (16 per cent). Two-wheeler financing showed over 50 per cent y-o-y growth, led by Hero and Honda, who dominated with 60 per cent of the volumes.
Similarly, over the days starting from Dhanteras to Diwali, Lentra recorded 58 per cent growth in loan value and 38 per cent y-o-y growth in loan volume, resulting in the disbursement of Rs1,493 crore for consumer durables and Rs268 crore for two-wheelers. Mobile phones were the most financed product category, representing 63 per cent of all consumer-durable loans. Age group 23-34 years dominated the borrower profile.
“The festive season has underscored a decisive shift in India’s credit landscape, led by young, first-time borrowers from semi-urban and emerging markets,” says Kiran Moras, COO, Lentra. “What we are witnessing is not just higher credit uptake but a foundational change in who is driving it, digitally savvy consumers entering the credit ecosystem earlier and with more confidence. Our goal is to enable this transition by ensuring seamless access, intelligent automation and trusted decisioning at scale. As India’s retail lending momentum accelerates under GST 2.0 and a strong macro environment, we see this demographic wave shaping the future of responsible, inclusive credit growth”.