Eligibility
The applicant must meet the following criteria:
- Be an Indian citizen aged between 18 and 60 years.
- Have valid ID proof and current address proof.
- Be employed, self-employed, or a pensioner.
- Maintain an active bank account.
- Ensure a minimum 90-day interval between two Home Credit loan applications.
- Demonstrate a monthly household income exceeding ₹25,000. "Household" refers to an individual family unit comprising a husband, wife, and their unmarried children.
Loan Amount | Up to ₹ 75,000 |
---|
Loan Term | Up to 13 months |
---|
Minimum advance cash/ down payment | 0% - 33% depending on commodity price |
---|
Fees & Charges
Processing fee | Up to ₹ 799 |
---|
APR (Annualized Percentage Rate) | 0% - 48.09% |
---|
Late Payment Charges
- In case of non-payment of dues by the due date, Late Payment Charges shall be levied, effective 28th March 2024.
- All fees and charges are inclusive of taxes.
Days past due | Outstanding loan amount |
≤ ₹ 5000 | > ₹ 5000 |
Late Payment Charges | Total Late Payment Charges | Late Payment Charges | Total Late Payment Charges |
1 day | ₹200 | ₹200 | ₹550 | ₹550 |
30 days | ₹300 | ₹500 | ₹600 | ₹1150 |
60 days | ₹400 | ₹900 | ₹650 | ₹1800 |
90 days | ₹500 | ₹1400 | ₹750 | ₹2550 |
120 days | ₹500 | ₹1900 | ₹750 | ₹3300 |
150 days | ₹500 | ₹2400 | ₹750 | ₹4050 |
180 days | ₹500 | ₹2900 | ₹750 | ₹4800 |
Glossary of Fee & Charges
Eligibility
The applicant must meet the following criteria:
- Be an Indian citizen aged between 18 and 60 years.
- Have valid ID proof and current address proof.
- Be employed, self-employed, or a pensioner.
- Maintain an active bank account.
- Ensure a minimum 90-day interval between two Home Credit loan applications.
- Demonstrate a monthly household income exceeding ₹25,000. "Household" refers to an individual family unit comprising a husband, wife, and their unmarried children.
Loan Amount | Up to ₹ 75,000 |
---|
Loan Term | Up to 13 months |
---|
Minimum advance cash/ Down payment | 0% - 33% depending on commodity price |
---|
Fees & Charges
Processing fee | Up to ₹ 1133 |
---|
APR (Annualized Percentage Rate) | 0% - 48.09% |
---|
Late Payment Charges
- In case of non-payment of dues by the due date, Late Payment Charges shall be levied, effective 28th March 2024.
- All fees and charges are inclusive of taxes.
Days past due | Outstanding loan amount |
≤ ₹ 5000 | > ₹ 5000 |
Late Payment Charges | Total Late Payment Charges | Late Payment Charges | Total Late Payment Charges |
1 day | ₹200 | ₹200 | ₹550 | ₹550 |
30 days | ₹300 | ₹500 | ₹600 | ₹1150 |
60 days | ₹400 | ₹900 | ₹650 | ₹1800 |
90 days | ₹500 | ₹1400 | ₹750 | ₹2550 |
120 days | ₹500 | ₹1900 | ₹750 | ₹3300 |
150 days | ₹500 | ₹2400 | ₹750 | ₹4050 |
180 days | ₹500 | ₹2900 | ₹750 | ₹4800 |
Glossary of Fee & Charges
Eligibility
The applicant must meet the following criteria:
- Be an Indian citizen aged between 18 and 60 years.
- Have valid ID proof and current address proof.
- Be employed, self-employed, or a pensioner.
- Maintain an active bank account.
- Ensure a minimum 90-day interval between two Home Credit loan applications.
- Demonstrate a monthly household income exceeding ₹25,000. "Household" refers to an individual family unit comprising a husband, wife, and their unmarried children.
- Need to be an existing customer of Home Credit (should have availed Ujjwal EMI Card/ Consumer Durable Loans/ Personal Loan/ Flexible Personal Loan in the past).
Loan Amount
|
₹ 10,000 - ₹ 5,00,000
|
Loan Term
|
9 Months - 48 Months
|
Minimum advance cash/ down payment
|
NA
|
Fees & Charges
Processing fee | 0-5% |
---|
APR (Annualized Percentage Rate) | Between 19.5% - 48% |
---|
Late Payment Charges
- In case of non-payment of dues by the due date, Late Payment Charges shall be levied, effective 28th March 2024.
- All fees and charges are inclusive of taxes.
Days past due | Charges (Rs.) | Total Charges (Rs.) |
1 day | ₹550 | ₹550 |
30 days | ₹600 | ₹1150 |
60 days | ₹650 | ₹1800 |
90 days | ₹750 | ₹2550 |
120 days | ₹750 | ₹3300 |
150 days | ₹750 | ₹4050 |
180 days | ₹750 | ₹4800 |
Glossary of Fee & Charges
Eligibility
The applicant must meet the following criteria:
- Be an Indian citizen aged between 18 and 60 years.
- Have valid ID proof and current address proof.
- Be employed, self-employed, or a pensioner.
- Maintain an active bank account.
- Ensure a minimum 90-day interval between two Home Credit loan applications.
- Demonstrate a monthly household income exceeding ₹25,000. "Household" refers to an individual family unit comprising a husband, wife, and their unmarried children.
Fees & Charges
Membership fee
- With a one-time membership fee of up to ₹550, now avail the luxury of pre-approved credit limit.
Annual fee
- Active members (members who have used the Ujjwal EMI Card at least once in the last 12 Months) won’t be charged an annual fee.
- An annual fee of ₹ 99 (all inclusive) will be charged to inactive members (members who have not used the Ujjwal EMI Card in the last 12 Months) to continue service for the next 12 Month.
Charges
APR (Annualized Percentage Rate) | Upto 48.09% |
---|
Late Payment Charges
- In case of non-payment of dues by the due date, Late Payment Charges shall be levied, effective 28th March 2024.
- All fees and charges are inclusive of taxes.
Days past due | Outstanding loan amount |
≤ ₹ 5000 | > ₹ 5000 |
Late Payment Charges | Total Late Payment Charges | Late Payment Charges | Total Late Payment Charges |
1 day | ₹200 | ₹200 | ₹550 | ₹550 |
30 days | ₹300 | ₹500 | ₹600 | ₹1150 |
60 days | ₹400 | ₹900 | ₹650 | ₹1800 |
90 days | ₹500 | ₹1400 | ₹750 | ₹2550 |
120 days | ₹500 | ₹1900 | ₹750 | ₹3300 |
150 days | ₹500 | ₹2400 | ₹750 | ₹4050 |
180 days | ₹500 | ₹2900 | ₹750 | ₹4800 |
Glossary of Fee & Charges
Eligibility
The applicant must meet the following criteria:
- Be an Indian citizen aged between 18 and 60 years.
- Have valid ID proof and current address proof.
- Be employed, self-employed, or a pensioner.
- Maintain an active bank account.
- Ensure a minimum 90-day interval between two Home Credit loan applications.
- Demonstrate a monthly household income exceeding ₹25,000. "Household" refers to an individual family unit comprising a husband, wife, and their unmarried children.
Loan Amount |
₹10,000 - ₹1,00,000 |
Loan Term |
5 Years (3 years flexible + 2 years fixed) |
Fees and Charges
Joining fees | 0 |
Annual renewal fee | 2% of the credit limit |
Transaction fee | 2.5% of the withdrawal amount |
APR (Annualized Percentage Rate) | 39% per annum |
Late Payment Charges
- In case of non-payment of dues by the due date, Late Payment Charges shall be levied, effective 28th March 2024.
- All fees and charges are inclusive of taxes.
Days past due | Outstanding loan amount |
≤ ₹ 5000 | > ₹ 5000 |
Late Payment Charges | Total Late Payment Charges | Late Payment Charges | Total Late Payment Charges |
1 day | ₹200 | ₹200 | ₹550 | ₹550 |
30 days | ₹300 | ₹500 | ₹600 | ₹1150 |
60 days | ₹400 | ₹900 | ₹650 | ₹1800 |
90 days | ₹500 | ₹1400 | ₹750 | ₹2550 |
120 days | ₹500 | ₹1900 | ₹750 | ₹3300 |
150 days | ₹500 | ₹2400 | ₹750 | ₹4050 |
180 days | ₹500 | ₹2900 | ₹750 | ₹4800 |
Glossary of Fee & Charges