Home Credit Personal Loan Apply, Interest Rate 2024

How to Get Home Credit Personal Loan Apply, Interest Rate, EMI Calculator, Minimum Salary, Civil Score and more details we read in this article please keep till last.

If you want to get personal loan from homecredit.co.in then this article is for you. Personal loan comes under the category of an unsecured loan . You can take a Home Credit Personal Loan for any of your personal expenses. To take a personal loan , you have to apply in it. You can apply for this loan both online and offline.

In this article, we will know what is home credit personal loan , what is the interest rate of this loan, what is the eligibility to apply for this loan and how can we apply for home credit personal loan etc., that’s why you are requested That you read this article till the end.

Home Credit Personal Loan

You can take a personal loan for any of your personal work like marriage expenses, medical emergency, higher education, children’s fees, travel etc. With Home Credit , you can take an Instant Personal Loan up to a maximum of Rs 240000. The amount given under Home Credit Personal Loan depends on factors like your CIBIL Score, your income. If your credit score is high then you can get personal loan up to maximum loan amount.

You do not need any collateral or guarantor to take a personal loan from Home Credit. From here you can take a personal loan with minimal documentation. If you are an existing customer of the bank, then you can take advantage of the attractive interest rate of the bank.

Home Credit Personal Loan Overview

• Loan Name : Home Credit Personal Loan 2024
• Name of the lending bank : Home Credit
• Interest Rate : 24.9% – 55% p.a.
• Loan Amount : For Existing Home Credit Customer: Minimum Loan Amount – ₹ 10,000, Maximum Loan Amount – ₹ 2,40,000, – For New Customer : Minimum Loan Amount – ₹ 25,000, Maximum Loan Amount – ₹ 2, 40,000
• Loan Tenure : For Existing Home Credit Customer – 9 Months to 51 Months, For New Customer – 6 Months to 48 Months
• Processing Fee : Up to 5% of the loan amount
• Age Limit for Application : 18 to 69
• Official Website : https://www.homecredit.co.in/

Home Credit Personal Loan Interest Rate 2024

Home credit personal loan interest rates range from 24.9% to 55% p.a. If you are taking an Instant Personal Loan from any bank, then first of all you should get information about the interest rate charged on that loan. Because if you apply for a personal loan without knowing the interest rate, then you may have to face trouble at the time of repayment of the loan. If you are an existing customer of Home Credit, then you can also take advantage of its attractive interest rate.

Benefits and Features of Home Credit Personal Loan

• Any person can apply for Home Credit Personal Loan.
• You do not need to provide any collateral or guarantor to apply for this loan.
• You can avail this loan with minimal documentation.
• You can take this loan to meet your personal expenses like wedding expenses, renovating your home to pay for vacation, consolidating other loans, buying your favorite gadget or any other unplanned for expenses etc.
• After the loan approval, the loan amount is transferred to your bank account within about 5 days.
• Home Credit Personal Loan processing fee can be up to 5% of the loan amount.
• The interest rate of this loan starts from 24.9% per annum.
• If you are an existing customer of Home Credit, then you can take a minimum loan amount of Rs 10,000 and maximum up to Rs 2,40,000.
• If you are a new customer then you can take a minimum loan amount of Rs 25,000 and maximum up to Rs 2,40,000.
• The loan tenure ranges from 9 months to 51 months for existing customers and 6 months to 48 months for new customers.
• You can get the benefit of Top Up Loan on an existing personal loan.
• With Home Credit Personal Loan , you are also provided with the benefit of paid leave, early foreclosure and life insurance.
• In case of death, you can get life cover up to 1.25 times the loan amount.
• You can foreclose your loan anytime and you do not have to pay any kind of fee for this.

Home Credit Personal Loan Eligibility

There are certain eligibility criteria to apply for this loan. If you fulfill all these eligibility then you can apply for this loan. You can also calculate your eligibility using Personal Loan Eligibility Calculator by visiting the official website of Home Credit. The eligibility for this personal loan is as follows:

• Salaried or self-employed or pensioner can apply for this loan.
• Applicant’s age should be between 18 to 69 years.
• To apply, it will be mandatory for you to provide 1 ID proof and 1 address proof.
• The gap between 2 home credit loan applications should be 90 days.
• You must have an active bank account.

Home Credit Personal Loan Documents Required

Before applying for a home credit personal loan, you should collect all your documents so that whenever the bank asks for documents from you, you can show them all the documents immediately. To apply for this personal loan, you must have the following documents:

Documents for existing customers:

• ID Proof (PAN Card, Passport, Voter ID Card, Driving License)
• Address Proof (Voter ID Card, Driving License, Passport, Government Accommodation Allotment Letter, Property Tax Receipt)

Documents for new customers:

• ID proof
• Address proof
• Voter ID Card
• driving license
• Passport

Home Credit Personal Loan Apply

If you fulfill all the conditions of this personal loan then you are eligible for this loan. You can apply for this loan both online and offline. The procedure to apply is given here. Those who are existing customers can apply through mobile app. You can download the mobile app by going to Google Play Store or by clicking on this link Home Credit App .

Home Credit Personal Loan Apply Online

If you want to apply online for this loan, then follow the steps given below:

• First of all you have to visit the official website of Home Credit www.homecredit.co.in/ .

• On the home page of the website, you will see the option of Personal Loan in the option of Products, click on it.
• After visiting this page, all the information related to this personal loan will come in front of you.
• You have to read this information correctly, after that on this page you will see the option of Apply Now , click on it.
• After coming to the next page, you have to calculate your eligibility with the help of your mobile number.
• After that the registration form will appear in front of you. Enter all the information asked in the form and submit.
• Then the bank will contact you and proceed with the loan process.

How to apply offline?

• To apply offline, you have to first go to your nearest Home Credit branch.
• After that you have to contact the concerned employee.
• The employee will provide you all the information related to personal loan.
• Then your documents will be verified.
• If you fulfill all the conditions of the bank, then after that the loan process will be issued further.
• If your loan is approved then after that the loan amount will be transferred to your bank account.

How to Check Home Credit Personal Loan Status?

If you have applied for loan then you can check your status online. Once your loan is approved, you can track the status of your application through the Home Credit mobile app. Apart from this, you can also know the status of your application by calling the bank’s helpline number 0124 – 662- 8888 or by writing to the email id [email protected].

Fees & Charges

If you foreclose your loan prematurely, then you will not be charged any foreclose fee, provided that there should not be any outstanding on your loan. Other fees and charges are as follows:

Processing fee	Up to 5%
Flat rate of interest	24.9% – 55% PA
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

Personal Loan EMI Calculator

You should calculate the EMI (Equated Monthly Installment) of your loan before applying for Home Credit Personal Loan. You can calculate the EMI of your loan using the Personal Loan EMI Calculator by visiting the official website of Home Credit. If you calculate your EMI before applying for the loan, then you will not have to face the hassle at the time of loan repayment.

Contact Us:

If you want to get more information about this loan or you have to contact the bank, then you can go to their contact page, so follow the steps given below:

• First of all you have to go to the official website of Home Credit.
• On the home page of the website, you will see the option of Contact Us , click on it.
• After clicking, the contact details will appear in front of you.

Home Credit Personal Loan Customer Care Number

Complete information about this personal loan (Home Credit loan details) is given in this article. If you have any other type of information regarding this loan, then you can get information by calling on the home credit personal loan contact number given below:

• Customer Care Number – 0124 – 662- 8888
• Email ID – [email protected]

Conclusion:

In this article, we have provided you complete information about Home Credit Personal Loan. Any individual can take advantage of this personal loan and get an amount up to Rs 2.4 lakh. If you are facing any kind of problem in applying for this loan, then you can get information by calling Home Credit Personal Loan Customer Care Number. Hope you friends have found this article informative. If you liked this article then please share it with your friends.

FAQs on Home Credit Personal Loan