Instant Personal Loan In 3 Easy Steps

Traditionally, extensive documentation, manual processes, multiple bank visits, endless paperwork, and a long wait for disbursal were a part of availing a personal loan. These lengthy application processes not only made availing a personal loan a mind-numbing affair, but also encouraged people to opt out of the process mid-way.

However, due to technology disruption, financial services are getting more advanced and quicker these days. Availing an instant loan online is the new normal. An Instant personal loan offers a completely digital process and requires minimum documentation.

At Home Credit, we provide a seamless loan journey from application to disbursal to meet our customers’ expectations. With a simple and speedy application process, we offer instant approval along with quick disbursal of funds with just 2 documents. Sounds like a dream, right? But what’s more?

Advantages Of Applying For An Instant Personal Loan With Home Credit

Applying for an instant loan using our personal loan app is quicker and easier as it can save time and exhaustion for the borrowers from running anywhere. You can just apply for an instant personal loan, get approval, and receive the loan amount of up to ₹5 lakhs right from the comfort of your home. Listed below are a few benefits of applying for an instant loan online with Home Credit.

• High Loan Amount Range: Home Credit offers a personal loan amount ranging from ₹10000 to ₹5 lakhs for existing customers to fund their expenses.
• Flexible Repayment Options:You can easily repay the loan amount in flexible EMI’s as per your convenience with a repayment tenure ranging from 9-51 months for existing home credit customers.
• Low EMI Amount:With Home Credit, you can avail yourself of a personal loan of up to ₹5 lakhs with easy EMI’s.
• No Collateral Required:You do not need to provide any collateral or any security to get a personal loan.
• Get Instant Loans with Just 2 Documents: To apply for an instant personal loan, you just need 2 documents – Your identity and residence proof.
• Simple Application Process: Applying for a personal loan with Home Credit is quick, easy, and seamless with minimal documentation and instant approvals.
• Digital First Process: Apply for an instant loan online with Home Credit and skip the long waits with a completely digital application process.
• No Hidden Charges: At Home Credit, transparent and secure processes are at the core of what we do, so everything you pay is what you know!

With over 10 million+ satisfied customers, Home credit aims to make personal loans affordable and accessible for all.

3 Stages Of An Instant Personal Loan From Home Credit

We have a 3-step personal loan application process. Listed below are the stages and essential information about our loan application process:

1. Check Your Eligibility

It is imperative that you check the details below to fulfill the eligibility criteria to apply for an instant personal loan. The eligibility criteria to avail yourself of a quick personal loan from Home Credit is as follows:

• 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).

2. Keep Your Documents Ready

To ensure that your instant personal loan application is processed efficiently, we only need 2 documents:

• Proof of Identity: PAN Card (Mandatory)
• Address Proof:Aadhar Card/ Voter ID/Passport/ Driving License

Make sure to keep these documents handy when applying for an online personal loan with Home Credit.

3. Get Instant Approval On Up To ₹5 Lakhs

To get a personal loan up to ₹5 Lakhs, just follow these 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 loan of up to ₹5 Lakhs.
• Get the loan amount disbursed within hours of signing the agreement.

So, what are you waiting for? Apply for a Home Credit personal loan now!