Quick Personal Loans for small needs and big celebrations

Our simple and easy eligibility criteria help almost everyone to apply for a personal loan. You are eligible to apply for a Home Credit Personal Loan if you meet the following criteria:

• Age: Between the age group of 18 to 69 years

• Income source: Salaried or Self-employed or Pensioner

• Documents: 1 ID proof and 1 Address Proof

• Gap between 2 Home Credit loan applications: 90 Days

• Bank account: Should have an active bank account

To apply for a personal loan, you need to provide 1 ID proof and 1 current address proof.
List of acceptable documents for Existing Home Credit Customers:

ID Proofs:

• PAN Card
• If PAN Card is not available, then Form 60 with one of the three below documents

  • Passport

  • Voter ID Card

  • Driving License  

Address Proofs:

• Voter ID Card
• Driving License
• Passport
• Government House Allotment Letter
• Property Tax Receipt

List of acceptable documents for New to Home Credit Customers:
ID Proof:

• Address Proofs:
• Voter ID Card
• Driving License
• Passport

*Conditions apply. Home Credit India reserves the rights to call upon additional documents at its discretion.

Existing Home Credit Customer
Existing Home Credit customers can check their pre-qualified loan offers on our mobile App and apply for the loan on the App itself. Our sales representatives also get in touch with eligible customers as and when the loan offers are available for them.

New to Home Credit Customer
New to Home Credit customers can now avail personal loan of up to 2 lakhs on our mobile App. You can start your loan application in three steps:

• Download Home Credit India mobile app from Google Play Store
• Select “Register and Apply” button
• Continue with the next steps

It is mandatory for New to Home Credit customers to have net banking facility on the active bank account to apply for a Personal Loan.

You can also chat  with us on our mobile App between 9:00 AM and 7:00PM for more details. 
 

Yes, the loan amount and tenure can be selected by customer basis the eligibility criteria defined by Home Credit India

A processing fee (up to 3% of the loan amount) may be levied on loan as defined by the pricing matrix followed by Home Credit India

Yes, Home Credit India provides top-up on the existing personal loan based on the repayment history and applicable credit policies.

Once your loan is approved, you can check the status on Home Credit Mobile App. Loan amount usually gets disbursed into your bank account within 5 working days from the day of signing the contract.

You can also contact us at 0124 - 662- 8888 or chat with us on our mobile App between 9:00 AM and 7:00 PM. Alternatively you can write to us at care@homecredit.co.in with your query and we will revert within 48 hours.

Home Credit personal loan comes with an amazing Value Added Service called “Safe Pay”, which offers payment holiday, early foreclosure and Life Insurance benefit. The fee for this service will be included in your monthly instalments.

Payment Holiday

This facility allows to postpone the monthly instalment by a month. Customers are eligible for Payment Holiday after paying first 2 EMIs on or before the due date. The payment holiday service can be used twice per year during the loan term and at least 6 EMIs should have been paid between the two services. The loan term increases by 1month every time this service is used.

Free Early Repayment 

You can foreclose the loan anytime during the loan term without any additional charges. Points to keep in mind before availing this service

• There should not be any outstanding amount on your loan

• Request is raised at least 5 days before the due date in case EMIs are paid through Direct Debit mode. Customers paying EMIs through other payment modes can raise the request at any time before due date

Life Insurance

Get a Life insurance for 1.25 times the loan amount to cover loan obligation in unforeseen situation due to various causes of death –accidental, illness and natural. During claim, loan outstanding principal will be settled first and the remaining amount will be given to nominee.

Customers may decide to opt for value added service on their own discretion during the loan application process.