Looking to avail Home Credit Personal Loan? Here is all you need to know about it.


Home Credit Personal Loan allows you to access funds in a fast and easy way. It comes in handy when you need immediate funds to mitigate your certain financial needs. You can take up this credit option for up to Rs 2 lakh at an affordable rate. The interest rate charged on Home Credit Personal Loan is anywhere between 13 percent and 30 percent based upon the loan repayment tenure. Borrowers can repay this loan within 4 years.

Home Credit provides easy, fast and secure access to required funds. All you require doing is registering online using your email address and mobile number or downloading the mobile application to fill up the personal loan application form to avail instant loan approval. You may even consider contacting Home Credit Personal Loan Customer Care for quick processing of your loan based upon your requirement.

Important details about Home Credit Personal Loan

Rate of interest Processing charges
13 percent to 30 percent Nil processing charges

Note that Home Credit Personal Loan’s maximum tenure can go up to 48 months, i.e., 4 years.

Benefits and features of availing Home Credit Personal Loan

Listed below are various key benefits and advantages of a Home Credit Personal Loan. Knowing them will assist you make an informed decision based on your situation, specific need, and repayment capacity.

Digital personal loan application: All the loan applications under this plan are processed digitally the same as the best cash advance apps works. Thus, you can be easily rest assured that you will not have to stand in extremely long queues to avail yourself of the personal loan funds instantly. You can right away apply for the loan at the drop of a hat, at any time from any location.

Loan amount: By applying for this credit advance as per this scheme, you can withdraw proceeds of up to Rs 2 lakh, which simply can be repaid in a short duration of up to 4 years.

Instant approval of your personal loan: When anyone applies for a personal loan through the online platform of Home Credit, his/her loan application is approved instantly. As the entire processing, as well as loan approval, is carried out on the online platform, the processing of the loan proceeds is instant.

Hassle free and simple application process: With this user-friendly platform to submit applications for a personal loan, you can meet your urgent monetary needs instantly.

Quick disbursal of funds: Owing to its online feature, the approval of such loans is instant, and the loan proceeds are even processed instantly to your savings account in no time. Thus, the application of a personal loan through this platform will help you avail access to instant cash to mitigate instant monetary or financial needs.

Paperless transaction: As Home Credit Personal Loan have an online application procedure, you as a customer do not require to submit any physical documents for the verification procedure. In place, you only need to submit digital copies of the required documents online when applying for a personal loan.

Various repayment options: This online platform provides various channels via which you can repay your loan EMI. You can select any of the options depending upon your preference and convenience. You can repay the EMI via online gates like NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), online wallets like PayNimo, Google Pay, PayTM, PayU etc.

Flexible repayment tenures: Individuals also will be able to choose the repayment schedule as per their comfort. This assists to ensure that they do not commit any default on debt repayment in the future. Y

Zero collateral or security requirement: Owing to their unsecured nature, you are not mandated to offer any security or 3rd party guarantor as security to avail the funds as per your requirement.

Loan available to all the borrowers: An applicant does not require to share an existing relationship with Home Credit to avail get their personal loan application approved. This platform serves all kinds of customers, whether new or existing.

Home Credit Personal Loan Eligibility Criteria

While this platform does not make it compulsory for the seeker of a personal loan to be an existing customer to apply for the loan, there are specific requirements that must be met to be eligible for this loan. Here are the different eligibility criteria you must be aware of before you submit your application for a personal loan on this platform.

Applicants should be of a minimum age of 19 years.

Must be an Indian citizen.

Must possess an Aadhaar card.

Must hold active savings account with internet banking features.

Documents required for applying for Home Credit Personal Loan

Aadhaar card

PAN card

Identity proof in the form of voter ID, passport, Aadhaar card, driving license etc.

Passport size photos

Savings account details

Minimal income of the loan applicant should be at least Rs 15,000 per month.

How can you submit your application for Home Credit Personal Loan?

In case if you have decided to apply for Home Credit Personal Loan, you must follow the listed steps to get the required funds without any hassle.

No. 1 Step: You must visit the official site of Home Credit – https://www.homecredit.co.in/.

No. 2 Step: Enter your personal details like name, mobile number, age, gender and click on the apply now option.

No. 3 Step: After doing the above, a new window will open, wherein you must fill up the personal loan application form.

No. 4 Step: Next, click on the option ‘Want to Apply’, which you will find on the page to further proceed.

No. 5 Step: This will open a small request form wherein your name, mobile number and email ID must be placed.

No. 6 Step: Fill up all the correct details and continue.

No. 7 Step: Once the Home Credit team receives your request for a personal loan, a rep of the company will automatically contact you with a quote.

No. 8 Step: You must ensure to choose the correct plan and accordingly proceed with your personal loan application.

No. 9 Step: As soon as your personal loan gets approved, the funds will get processed to your savings bank account in absolutely no time.

Home Credit Personal Loan Customer Care

In the situation of any question, suggestion, query, concern, you simply can reach out to the professional of the Home Credit through their website. You may even contact them at 18001216660 or mail at [email protected].

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