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Press Release


Home Credit India Partners with Vivo to Offer 0% Interest Loan on Vivo V9 Smartphone

Gurugram/New Delhi, April 18, 2018:Home Credit India Finance Pvt. Ltd., one of India's fastest growing non-banking finance company, today announced that it is partnering Vivo to offer 0% financing on its recently launched V9 smartphone.

As part of the tie-up, Home Credit India is providing affordable loans at 0% with nominal processing fee to its customers planning to buy the V9 smartphone. The financing scheme is available with customers having the option to pay their EMIs in six or seven months.

Announcing the tie-up, Mr. Tomas Hrdlicka, Chief Marketing Officer, Home Credit India said, "Vivo is a young global smartphone brand that focuses on dynamic and stylish products with latest technology, and we are delighted to partner with them for V9 smartphone. At Home Credit, it has been our endeavor to make the best of the global smartphone brands accessible to customers across India. With the Indian Premier League in full swing, the launch of V9 and Home Credit's financing proposition couldn't have been better timed."

Vivo V9 is the first flagship smartphone of Vivo with dual rear camera. The smartphone sports dual rear camera of 16MP + 5MP, features such as 19:9 FullView™ display 2.0 and the industry's highest screen-to-body ratio of 90%. Designed for the millennials seeking the best smartphone experience, Vivo V9 is a perfect combination of classic design and innovative features. The smartphone is available in Champagne Gold and Pearl Black colors.

To locate a store in any city, customers can visit Home Credit India website (https://www.homecredit.co.in/locate-us) or give a missed call on 9004690046 to speak to a Home Credit Loan Expert.

Since launching its operations in 2012, Home Credit India has a growing customer base of over 5 million. The company had crossed the 1-million customers mark in 2016, driven by pan-India expansion across major markets, a range of diversified and innovative products backed by superior customer experience. The company added another 4 million customers in 2017, further consolidating its position as a leading consumer finance provider.

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 offering financial solutions that are simple, transparent and accessible to all. One of India's leading non-banking financial companies (NBFCs), Home Credit India has its operations in over 120 cities across 20 states in the country. The company has a strong network of more than 25,000 points-of-sale (PoS) from where it serves over 6 million customers. The company's employee base stands at over 16,000. Home Credit India has been recognized by Aon Hewitt as a Regional AON Best Employer 2017 for employer excellence. For more information, visit www.homecredit.co.in

About Home Credit Group:

Home Credit India is part of Home Credit Group, an international consumer finance provider with operations in 10 countries where there is high potential to grow. Founded in 1997, we focus on responsible lending primarily to people with little or no credit history. Our services are simple, easy and fast. We operate in highly attractive markets with significant barriers to entry. We are a leading provider of consumer finance in selected countries. It is our experience and knowledge across the different markets, which sustainably puts us ahead of our competitors. We drive and broaden financial inclusion for the unbanked population by providing a positive and safe borrowing experience – the first for many of our customers. We promote higher living standards and meet borrowers' financial needs. Our 140,100 employees have so far served over 101 million customers through a vast distribution network comprising over 400,000 points of sale, loan offices, branches and post offices. For more information, visit www.homecredit.net

For more information, contact:
Sankalp Saini
Home Credit India Finance
Sankalp.saini75434@homecredit.co.in