8 Reasons To Apply Personal Loan From Home Credit

From time to time, we always have crucial decisions to make, and chances are that it will cost money! Whether it is a new home appliance, an automobile or a house renovation, or any other personal reason, one needs a substantial amount of money to achieve what we desire. In such circumstances, a personal loan fits right in!

This is because the money required is not too big an amount, but neither is it too little to just withdraw from our bank balance. Sometimes we are even cash crunched. Thus, a personal loan from Home Credit is an apt choice to apply for it!

Why Choose Home Credit Personal Loan?

Here are a few reasons why Home Credit instant personal loan can be your best bet in times of need:

1. Freedom To Use at Your Discretion

One of the biggest advantages of taking a personal loan from Home Credit is that we do not pose any restrictions on the usage of your loan amount. An instant loan up to ₹5 lakhs can be used for any purpose that you want. There are several types of quick personal loans offered by us, including:

• Travel loan
• Education loan
• Medical emergency loan
• Home renovation loan
• Small Business loan
• Self Employed loan

2. Easy Eligibility Criteria

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).

3. Customizable Repayment Options

One of the reasons why Home Credit personal loan proves to be the best option is because we offer customizable repayment tenure ranging from 9-51 months for existing home credit customers so that you can repay your loan at your convenience, without any hassles.

4. Instant Loan Approval with Quick Disbursal

Home Credit offers you instant approval on a personal loan up to ₹5 lakhs along with quick disbursal which makes us the ideal option for avoiding financial roadblocks.

5. Minimal Document Requirement

We only ask for 2 documents that are necessary to process your instant personal loan application.

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

6. No Collateral Needed

While applying for a quick personal loan with Home Credit, you don’t need to worry about collateral or putting any of your assets at risk. Just verify/upload the documents online and you are done!

7. Easy Online Loan Application Process

Getting a personal loan up to ₹5 lakhs is just three easy steps away from our personal loan app.

• Enter your phone number and follow the next steps to check your eligibility.
• Get instant approval on loan amount of up to ₹5 Lakhs.
• Enjoy quick & hassle-free fund disbursal within hours of signing the agreement.

8. No Hidden Charges

We make every effort to make our procedures as transparent as possible. Therefore, you won’t have to be concerned about any hidden charges!

Need instant funds? Apply for a personal loan right now and get instant approval on up to ₹5 lakhs with just 2 documents!