Home Credit Personal Loan: With Home Credit you can apply for an instant loan. Home Credit offers you personal loans at low interest rates as a non-bank finance company. You can meet your personal expenses by availing a personal loan from Home Credit. Home Credit offers you a personal loan of up to Rs.5 lakh. You are given a time period of 51 months to repay this loan. Today we will tell you the complete process of taking Home Credit Personal Loan. To avail Home Credit Personal Loan, read this article carefully till the end.
Home Credit Personal Loan
You can avail a personal loan up to Rs.5 lakh from home credit and by taking a personal loan you can meet needs like medical emergency, wedding expenses, higher education, children’s fees and traveling. Personal loan is an unsecured loan. That’s why your CIBIL score is very important for taking a personal loan. You do not need any guarantor or collateral to avail a personal loan from Home Credit. With very few documents, you can avail a personal loan from Home Credit.
Highlight
| लोन का नाम | Home Credit Personal Loan |
| लोन देने वाले बैंक का नाम | Home Credit |
| ब्याज दर | 24.9% प्रतिवर्ष से शुरू |
| लोन राशी (Loan Amount) | 5 लाख रूपये तक |
| लोन अवधि (Loan Tenure) | मौजूदा होम क्रेडिट ग्राहक के लिए – 9 महीने से 51 महीने तक नये ग्राहक के लिए – 6 महीने से 48 महीने तक |
| प्रोसेसिंग फीस | ऋण राशी का 5% तक |
| ऑफिसियल वेबसाइट | www.homecredit.co.in |
Interest Rate of Home Credit Personal Loan
Whenever you apply for a personal loan, before that you must know the interest rate of the loan. Personal loan interest rate from Home Credit starts from 24.9% per annum. If you are an existing Home Credit customer, you will be offered the facility of an attractive rate of interest.
Home Credit Personal Loan Eligibility
The age of the applicant applying for a personal loan should be between 18 to 68 years.
Home Credit offers personal loans to salaried and self-employed or pensioners.
To apply for a personal loan at Home Credit, you will need to provide an ID proof and an address proof.
After 90 days, you can apply for a second loan from Home Credit.
To apply, the applicant must have an active bank account.
Home Credit Personal Loan Fees and Charges
Home Credit does not charge you any fee for foreclosure of personal loan early. Some of the other fees and charges for Home Credit Personal Loan are as follows.
| Processing fee | Up to 5% | ||||||
|---|---|---|---|---|---|---|---|
| Flat rate of interest | 24.9% – 55% P.A. | ||||||
| Days Past Due | 1 day | 30 days | 60 days | 90 days | 120 days | 150 days | 180 days |
| Late Payment Charges | ₹ 350 | ₹ 450 | ₹ 550 | ₹ 750 | ₹ 750 | ₹ 750 | ₹ 750 |
| Total Late Payment Charges | ₹ 350 | ₹ 800 | ₹ 1350 | ₹ 2100 | ₹ 2850 | ₹ 3600 | ₹ 4350 |
Benefits and Features of Home Credit Personal Loan
With Home Credit you can avail a personal loan for your personal expenses such as vacations, home renovation, wedding expenses, medical emergencies or to buy anything.
Home Credit transfers the loan amount to your bank account within 5 days of loan approval.
With minimal documentation, you can apply for a personal loan from Home Credit.
The processing fee for Home Credit Personal Loan can be up to 5% of the loan amount.
With Home Credit, you can get a maximum loan of ₹ 500000.
Home Credit also gives you the facility of a top up loan on your existing personal loan.
Home Credit also gives you the benefits of paid holidays, early foreclosure and life insurance.
With Home Credit you can get life cover up to 1.25 times of the loan amount in case of death.
You do not have to pay any kind of fee for foreclosure in Home Credit.
You can get more details on the personal loan by talking to Home Credit customer care.
Using the Home Credit EMI Calculator, you can get the installment information at the time of repayment of your loan.
Documents Required for Home Credit Personal Loan
- Documents required for existing customers
- For ID Proof PAN Card, Passport, Voter ID Card, Driving License or any other
- Voter ID Card, Driving License, Passport, Government House Allotment Letter, Property Tax Receipt or any other for address proof
Documents required for new customers
- ID proof
- Address proof
- Voter ID Card
- driving license
- Passport
- how to apply?
You can apply for a personal loan from Home Credit both offline and online. Existing Home Credit customers can also apply for a personal loan by downloading the Home Credit app through the Google Play Store on their mobiles. The steps to apply for personal loan online and offline are given below.
First of all visit the official website of Home Credit.
Online Process for Home Credit Personal Loan
On the home page of the website, you have to click on the option of Personal Loan in the option of Products.
After this, information related to home credit personal loan will be displayed on your screen.
After reading all the information carefully, you have to click on the option of Apply Now.
After this you have to check your eligibility with the help of your mobile number.
After this the registration form will open on your screen.
In the registration form, you have to enter all the requested information carefully and click on the submit button.
Thereafter, a Home Credit representative will get in touch with you and the loan process will be continued.
Offline Process for Home Credit Personal Loan
First of all, you have to visit the nearest branch of Home Credit.
There you will have to contact the employee related to the loan and get complete information about the loan.
After this your documents will be verified by the concerned employee.
If you fulfill all the eligibility criteria of Home Credit, your loan process will be allowed to go ahead.
If your loan is approved, then your loan amount will be transferred to your bank account.
How to check Home Credit Personal Loan Status?
If you have applied for a personal loan from Home Credit and want to know the status of your loan, then you need to download the Home Credit app through Google Play Store on your mobile. You can check the status of your application through this app.
Home Credit Helpline
Customer Care Number – 0124 – 662- 8888
Email ID – care@homecredit.co.in