In 2017, around three percent of Indians above 15 years owned a credit card. Thereby, the credit card penetration remained stable on a relatively low level over the past ten years. The share of men owning a credit card is higher than the share of women with 3.7 percent to 2.3 percent.
Ownership rate of credit cards in India from 2011 to 2017
Characteristic
Share of respondents
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World Bank. (May 9, 2018). Ownership rate of credit cards in India from 2011 to 2017 [Graph]. In Statista. Retrieved July 04, 2024, from https://www.statista.com/statistics/942866/india-share-credit-card-holders/
World Bank. "Ownership rate of credit cards in India from 2011 to 2017." Chart. May 9, 2018. Statista. Accessed July 04, 2024. https://www.statista.com/statistics/942866/india-share-credit-card-holders/
World Bank. (2018). Ownership rate of credit cards in India from 2011 to 2017. Statista. Statista Inc.. Accessed: July 04, 2024. https://www.statista.com/statistics/942866/india-share-credit-card-holders/
World Bank. "Ownership Rate of Credit Cards in India from 2011 to 2017." Statista, Statista Inc., 9 May 2018, https://www.statista.com/statistics/942866/india-share-credit-card-holders/
World Bank, Ownership rate of credit cards in India from 2011 to 2017 Statista, https://www.statista.com/statistics/942866/india-share-credit-card-holders/ (last visited July 04, 2024)
Ownership rate of credit cards in India from 2011 to 2017 [Graph], World Bank, May 9, 2018. [Online]. Available: https://www.statista.com/statistics/942866/india-share-credit-card-holders/