Who is Home Credit?
Home Credit is a leading international consumer finance provider with a rich legacy spanning over 25 years. Founded in 1997, Home Credit operates in multiple countries, offering responsible and accessible lending solutions to millions of customers. The company entered the Indian market in 2012, with a mission to drive credit penetration and financial inclusion across the nation.
Since its inception in India, Home Credit has empowered over 1.7 crore customers , providing them with easy and safe borrowing options both online and offline. With a strong network of 53,000+ partner shops , a presence in 625 cities , and a dedicated workforce of 50,000 employees , Home Credit has firmly established itself as a trusted name in the Indian financial landscape.
Committed to making credit accessible to all, Home Credit continues to revolutionize the way people borrow, fostering financial independence and inclusion across India.
What Products Does Home Credit Offer?
Home Credit provides a comprehensive range of financial products and services designed to meet diverse customer needs. These offerings simplify access to credit and ensure customers can make purchases and manage their finances with ease. Here’s an overview of the key products and services provided by Home Credit:
Loan & EMI Card
- Personal Loan : Quick and flexible personal loans to meet financial requirements.
- Home Credit Ujjwal EMI Card : An innovative EMI card enabling customers to shop online or offline with ease.
- Flexible Personal Loan : Tailored personal loans with adjustable repayment options.
- Mobile Phone on EMIs : Convenient financing options for purchasing mobile phones.
- Home Appliances on EMIs : Easy installment plans for home appliance purchases.
- Home Loan : Affordable home loans to support homeownership dreams.
Services
- Care360° Protection : Comprehensive protection plans for peace of mind.
- Health360+ : Financial coverage for health-related expenses.
- Extended Warranty : Additional warranty options for purchased products.
- Mobile Protect : Protection plans for smartphones against damage and theft.
- Safe Pay : Secure payment solutions for enhanced safety.
- Wallet Security : Protection against digital wallet fraud and misuse.
- Credit Score Check : Free tools to help customers monitor and improve their credit scores.
Offers
- Personal Loan Offer : Special deals and rates on personal loans.
- Online Shopping with Ujjwal EMI Card : Exclusive shopping offers for cardholders.
With its diverse portfolio, Home Credit caters to the financial and lifestyle needs of its customers, ensuring convenience and accessibility at every step.
Features of Home Credit Personal Loans
Home Credit’s personal loans are designed to provide quick, convenient, and transparent financial solutions for individuals in need. Here are the standout features of their personal loan product:
Simple Application Process
Meeting your cash needs is easy with Home Credit. Simply enter your phone number, download the app, and get started.
Instant Online Approval
Complete the application process online and receive instant approval for personal loans up to ₹4.8 lakhs.
Fast Disbursal
Approved loans are disbursed to your bank account within hours, ensuring you have access to funds when you need them the most.
Quick and Convenient
The entire process is streamlined and user-friendly, making it easy to apply for and receive a loan without unnecessary delays.
No Collateral or Hidden Charges
Enjoy a collateral-free loan process with complete transparency—no hidden charges or unexpected fees.
With Home Credit’s personal loans, you can address your financial needs swiftly and confidently, backed by a trusted provider that prioritizes convenience and clarity.
Eligibility for Home Credit Personal Loans
To apply for a personal loan with Home Credit, applicants must meet the following criteria:
Eligibility Requirements
- Citizenship and Age : Applicants must be Indian citizens aged between 18 and 60 years .
- Documentation : Valid ID proof and current address proof are required.
- Employment Status : The applicant should be employed, self-employed, or a pensioner.
- Bank Account : An active bank account is mandatory.
- Application Interval : There must be a minimum 90-day gap between two Home Credit loan applications.
- Income Criteria : The monthly household income must exceed ₹25,000 . For this purpose, "household" refers to an individual family unit, including a husband, wife, and their unmarried children.
- Existing Customer : Applicants must be existing Home Credit customers who have previously availed of products like the Ujjwal EMI Card , Consumer Durable Loans, or any type of personal loan.
Loan Details
- Loan Amount : Ranges from ₹10,000 to ₹4,80,000 .
- Loan Term : Flexible repayment periods between 9 months and 48 months .
By meeting these eligibility requirements, applicants can seamlessly access Home Credit’s personal loan offerings to address their financial needs.