People in Maharashtra take maximum Personal Loans, Check State Wise Data

Maharashtra continues to lead the nation in personal loan borrowings, according to the latest state-wise data for 2024. The financial trend in the state reflects a growing reliance on personal loans to meet various financial needs, from home renovations to medical expenses and consumer goods.

According to the data for 2024, Maharashtra stands out with the highest personal loan borrowings, totaling 10,18,853 loans. This is significantly higher than other states, indicating the state’s economic dynamism and the growing demand for personal credit.

State-wise data for Personal Loans as of March end

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