Archive · 2 Sep 2025
Account Aggregators Facilitate ₹1.6 Lakh Crore in Loans
Account Aggregators (AAs) help people in India share their financial information safely.
They started four years ago and have become a major part of the digital system.
Many banks and other financial companies use AAs.
In 2025, they helped with ₹1.6 lakh crore in loans.
Over two billion accounts allow data sharing.
This system makes it easier to get loans quickly, sometimes in under two days for small businesses.
The goal is to make financial services more accessible and trustworthy.
Account Aggregators (AAs) enabled ₹1.6 lakh crore in loan disbursements in 2025.
Over 780 financial institutions utilize the AA platform.
Over 2.12 billion accounts have agreed to consent-driven data sharing.
Loan approval times have been reduced to under 48 hours for many MSMEs.
16 AAs are currently operational in India.
- Who
- Account Aggregators (AAs)
- What
- Facilitated ₹1.6 lakh crore in loan disbursements through a consent-driven data sharing framework.
- When
- Over the last four years, with significant activity in 2025.
- Where
- India
- Why
- To enable access to credit and financial services by securely sharing financial data.
- Loan Disbursements (2025)
- ₹1.6 lakh crore
- Accounts with Consent
- Over 2.12 billion
- Customer Consents Fulfilled
- 269 million
- Financial Institutions
- Over 780
- Loan Approval Time
- Under 48 hours for MSMEs
- Operational AAs
- 16
Sources
112 financial institutions, over 2.2 billion accounts enabled on Account Aggregator framework: Govt
Account Aggregator ecosystem to unlock new frontiers in formal credit access: Finmin
Over 2.2 billion accounts enabled through AA framework in last 4 years
India’s account aggregator scales to 112 million users, says govt
Accounts Aggregator (AA): Contributing to India’s journey towards insurance for all
Account aggregators enable ₹1.6 lakh crore loan disbursement in 2025, says industry body