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Press Release


Home Credit India introduces Customer- Friendly Mobile Device Protection Plans

- Partners with Amtrust Mobile Solutions to provide 2 different product variants to suit customer requirements

Gurgaon, December 13, 2016: In another brilliant step to benefit its customers,Home Credit India, one of India's fast-growing Non-Banking Financial Companies (NBFC) has launched a unique MobileDeviceProtectionPlanin partnership with Amtrust Mobile Solutions. Amtrust Mobile Solutions India is a part of Amtrust Financial Services which is a US headquartered, NASDAQ listed innovative, technology driven provider of insurance products with an extensive underwriting experience. Under the Mobile Device Protection plan, Home Credit will finance the protection membership feeson newly purchased mobile phones, making it convenient and affordable for customers to now own the latest smartphones and protect them too.

In a continuous bid to benefit the loan takers, Home Credit has designed its unique Mobile Device Protection plan with two products to suit customer requirements. Products includeOnline Technical Support, a cashless claim process, a like-for-like replacement offer and zero percent depreciationthroughout the one-year term of the protection. A free pick up and drop facility will also be available for repair cases.

Mr. Tomas Hrdlicka, CMO, Home Credit India said, "We at Home Credit understand that the latest smartphone can be an investment and the slightest damage can be quite a financial pinch. To go the extra mile in service for our customers who are largely first time borrowers, we are happy to partner Amtrust Mobile Solutions to ensure peace of mind to our customers. Through the Mobile DeviceProtection plans our customers can now choose the relevant plan and protect their smartphones from accidental damage, liquid damage and theft at an affordable price."

Home Credit's offerings primarily consist of providing in-store financing (direct non-cash loans in retail outlets) to qualified customers looking to purchase consumer durable goods such as mobile phones, home appliances, laptop/tablets, electronic goods and two-wheelers.The company is currently operating in Delhi NCR, Mumbai, Jaipur, Chandigarh, Pune, Ahmedabad, Nagpur, Surat, Ludhiana, Hyderabad and many more.

About Home Credit India:

Home Credit India Finance Pvt. Ltd. is a leading consumer finance provider that is committed to drive credit penetration and financial inclusion by off ering financial solutions that are simple, transparen t and accessible to all. One of India's leading Non-Banking F inancial Companies (NBFCs), Home Credit India h as its operations in nearly 60 cities across 15 states in the c ountry. The company has a strong network of nea rly 7,000 Points-of- Sale (PoS) where it services nearly 2 million customers through a driven employee base of ov er 17,000.
Home Credit India is part of Home Credit B.V., an international consumer finance provider w ith operations in 11 countries across Europe and Asia. The group employs over 85,000 full time employee s who have so far served nearly 60 million customers throug h the vast distribution network comprising over 200 ,000 points of sale, loan offices, branches and post offices as of June 30, 2016.
More information on Home Credit India is available at www.homecredit.co.in
More information on HCBV is available at www.homecredit.net

For more information, contact:
Home Credit India
Nidhi Malik
nidhi.malik@homecredit.co.in