Terms & Conditions
- This offer is valid only once per user
- Only applicable on successful disbursal for Personal Loan
- Offer only valid till 30th September 2022
- Winner will be announced by 15th October
- Mobile phone will be given after 60 days of disbursement
- This offer is only valid for users who avail a personal loan online using our Home Credit app.
- There will be only 1 lucky winner amongst the pool of participants who have participated in this contest.
To know more about the Terms & Conditions of this contest, please click here.
About Home Credit Personal Loan
Home Credit Personal Loan can be applied for:
- Small Business
- Education
- Travel
- Shopping
- Debt consolidation
- Medical Emergency
- Home Renovation
Documents & Eligibility
To apply for an instant personal loan: 1. Age must be 19 years or above, holding an Indian citizenship 2. Earn a steady monthly income of Rs. 10,000 or over 3. Carry a valid residential proof of address 4. Have a savings account with active Netbanking 5. Use a valid proof of identity like PAN cardPersonal Loan Details:
• Loan Amount: ₹10,000 - ₹5,00,000 • Minimum Annual Percentage Rate (APR): 24%, Maximum APR: 49.5% • Minimum repayment period: 6 months, Maximum repayment period: 48 months • Processing Fees: 2.5% to 5% • Convenience Fees: 0 to Rs 250 If customers opt for a Value-Added Service, the fee for it shall be levied additionally. Representative Example: • Loan Amount: ₹50,000 • Tenure: 12 months • Interest Rate: 24% • EMI: ₹4728/month • Processing Fees: ₹1,000 • Total Amount Payable: ₹4,728 x 12 months = ₹56,736 *The annual interest rates and processing fee will vary as per the risk profile of the customers. The maximum APR can go up to 49.5% (However, only a fraction of our customers get an interest rate higher than 30% per annum). These numbers are indicative & subject to change. Home Credit Address: Home Credit India Finance Private Limited, DLF Infinity Towers, Tower C, 3rd Floor, DLF Cyber City Phase II, Gurugram-122002, India Grab Personal Loan Offer Now