No one knows when and where we may need money urgently. Loan is also given by the bank only after looking at your credit score. But what to do when your credit score is low and other banks refuse to give you loan for this reason.
Most banks ask for income proof for loan, if you do not have income proof then it becomes very difficult for you to get a loan. But you can take a loan even with a low credit score, but for this you may have to pay higher interest. You will be able to easily avail loan up to Rs 5 lakh in Home Credit Personal Loan with low credit score.
If you also want an immediate loan then you can apply for Home Credit Personal Loan. What are the eligibility conditions, interest rates and online application process for Home Credit Personal Loan, all the information will be given to you in the article. So let us know how to take personal loan from Home Credit?
How to take personal loan from home credit
Responsibilities are many, yet money is limited. While important expenses like a medical emergency, small business, home renovation, dream vacation, taking an online course or even buying a new appliance can be planned for, there are some unexpected expenses that can catch you by surprise and ruin your budget. Can contribute to sinking resources. With Home Credit Personal Loan, you can solve your financial troubles in the blink of an eye!
Apply for Home Credit Personal Loan up to Rs 2 Lakh at interest rates starting from 24% per annum and loan tenure up to 36 months. These personal loans come at 0% – 5% processing fees and can be used for all your financial needs.
What is home credit?
Many of you may be hearing about home credit for the first time. If you are hearing about Home Credit for the first time, then let us tell you that it is an NBFC i.e. Non Banking Financial Company. With its help you can take personal loan, home loan, product loan etc.
For your information, let us tell you that Home Credit is an institution of Netherlands which was started in the year 1997. It is working under this organization in India. Name of Home Credit India. Home Credit NBFC is approved by RBI, which gives you the facility of instant loan without income proof, without any guarantee.
Home Credit offers you the most convenient and easy personal loan. Home Credit offers instant personal loans up to ₹5 lakh, so whether you want a loan for your dream vacation, an online course, or a medical emergency, Home Credit has you covered. Minimum paperwork, maximum flexibility, and quick funds disbursal are the hallmarks of our Instant Personal Loans. Additionally, you get an instant personal loan up to ₹5 lakh with easy EMI options.
Key Features of Home Credit Personal Loan
| Home Credit Company | is an international NBFC (non-banking financial company), |
| Establishing Home Credit | 1997 |
| Who will get the benefit of Home Credit Personal Loan? | All those people who have never taken a loan or have a low credit score. |
| Personal Loan in Home Credit | Rupee. Instant loan up to Rs 5 lakh (with easy EMI options) |
| Home Credit Personal Loan Interest Rates | Starting from 2% per month. (The interest rate mainly depends on the loan amount, repayment period etc.) |
| Home Credit Official Website | homecredit.co.in |
Home Credit Personal Loan Details
| interest rates | 24% – 49% per annum |
| Loan | 25,000 rupees – 2 lakh rupees |
| credit period | 6 months – 36 months |
| Loan Processing Fee | 0% – 2% of the loan amount |
| Lowest EMI | Rs 1,000 per lakh |
Features of Home Credit Personal Loan
- Instant Loan Approval:You can easily get instant approval for personal loans up to ₹5 lakh.
- Quick and easy process: Get instant personal loan approval in just three simple steps with Home Credit.
- Minimum Documentation: Apply for a loan with our personal loan app and get instant approval with minimum documentation.
- Expedited Disbursal: After some checks, the approved loan amount will be credited to you within hours.
- No collateral required: No guarantor or collateral is required to get approval on your loan application.
Home Credit Personal Loan Interest Rates
| interest rates | Starting from 2%/month |
| Maximum 36% per annum (may be more or less depending on your credit history) | |
| Home Credit Personal Loan Amount | Up to Rs 5 lakh for existing customers and Rs 2 lakh for new customers |
| credit period | 9 to 51 months for existing customers 6 to 48 months for new customers |
| Loan | 10 thousand to 5 lakh |
| loan eligibility | Age 18 years to 69 years |
| Processing Fees | Up to 5% of loan amount |
Personal Loan Uses You can avail this personal loan to travel
Can be done in medical emergency or marriage, business etc.
How to apply for personal loan from Home Credit?
3 Steps to Personal Loan from Home Credit
We have a 3-step personal loan application process. The steps in our loan application process and the information required are listed below:
1. Check your eligibility
It is essential that you check the details given below to meet the eligibility criteria to apply for a personal loan from Home Credit. The eligibility criteria to avail an instant personal loan from Home Credit are as follows:
- Age: 19-68 years
- Source of Income: Salaried/Self-Employed/Pensioner
- Bank Account Status: Active
- Documents Required: Identity and Address Proof
- Gap between 2 Home Credit Personal Loan applications: 90 days
2. Keep your documents ready
To ensure that your instant personal loan application is processed efficiently, we require only 2 documents:
- Proof of Identity: PAN Card (Mandatory)
- Address Proof: Aadhar Card/Voter ID/Passport/Driving License
- Make sure to keep these documents handy while applying for an online personal loan with Home Credit.
3. Get instant approval up to ₹2.4 lakh
To avail a personal loan up to ₹2.4 lakh, just follow the simple steps below and get instant approval:
- Enter your phone number and follow the next steps to check your eligibility.
- Get instant online approval on personal loans up to ₹2.4 lakh.
- Get the loan amount disbursed within hours of signing the agreement.
Documents required for Home Credit Personal Loan
The following documents are required for Home Credit Personal Loan:
- pan card
- Aadhar card
- Voter ID Card (should not expire within 3 months of application)
- Passport (must not expire within 3 months of application)
- Driving License (must not expire within 3 months of application)
- Base XML (must be recently generated) with valid share code. Aadhaar XML can be downloaded through an easy online process with a valid share code.
Home Credit Personal Loan Customer Care
You can contact Home Credit Personal Loan Customer Care on the following numbers:
- +91 124 662 8888
- 1860 121 6660