New Delhi, April 27, 2025.
Andromeda
Sales and Distribution Pvt. Ltd., India’s largest loan distributor, has
achieved a significant milestone by closing the financial year 2024–25 with
total loan disbursals of ₹1.08 lakh crore. This performance marks a 25%
year-on-year growth, cementing the company’s leadership in the loan
distribution space across home, business, personal, and secured lending
segments.
With
strong momentum and continued digital transformation, the company has set a
target of ₹1.20 lakh crore in disbursals for FY2025–26.
Over
the last four years, Andromeda has consistently scaled new heights, growing
from ₹38,872 crore in FY22 to ₹64,000 crore in FY23, followed by ₹86,500 crore
in FY24, and now achieving ₹1.08 lakh crore in FY25. This impressive growth
trajectory has been led primarily by home loans, which accounted for ₹48,000
crore in disbursals this fiscal year, registering a growth of over 30%. Loans
against property stood strong at ₹41,000 crore, reflecting the increasing
demand for secured loan products in urban and semi-urban markets.
FY25
was also a transformative year for Andromeda from a technology and expansion
standpoint. The launch of the company’s flagship OneAndro app, which allows channel
partners and agents to compare, apply for, and track loans from over 30 partner
lenders, has played a pivotal role in growth.
and
tech enablement have allowed us to widen our footprint while enhancing customer
and partner experience. We expect to sustain our growth in FY26 with a sharper
digital focus and deeper penetration in Tier 2 and Tier 3 markets.”
The
company’s strengthened partnerships with banks, NBFCs, and fintechs have
allowed it to remain agile and responsive to this evolving demand.
Looking
ahead to FY26, Andromeda plans to further improve on its digital
infrastructure, expand its lending portfolio further into co-lending, credit
cards, and MSME products, and continue its commitment to empowering financial
inclusion across India.
Moreover,
with the Reserve Bank of India already initiating policy rate cuts over the
last two MPC meetings—and further reductions likely on the horizon—interest
rates are expected to soften further. This will likely spur demand across all
loan categories. Andromeda anticipates strong business growth in FY 2025-26,
driven by improved borrowing conditions and greater consumer appetite for
credit.
With its consistent
performance, customer-centric approach, and innovation-led strategy, Andromeda
is well-positioned to drive the next phase of growth in India’s lending ecosystem.