Home Credit Review
Personal loan from Home Credit India targeting underserved segments with accessible eligibility.
NBFCRBI RegulatedSelf-Employed OK
Quick Facts
₹4.8L
Max Loan
19.20% – 44.00% p.a.
Interest Rate
Within 24 hours
Disbursal
9 – 60 months
Tenure
0% – 5% of loan amount
Processing Fee
Rs 15,000 per month
Min Income
Loan Details & Charges
Loan Amount Rs 10,000 – Rs 4,80,000
Interest Rate 19.20% – 44.00% p.a.
Tenure 9 – 60 months
Processing Fee 0% – 5% of loan amount
Late Payment Penalty on overdue EMI
Prepayment As per agreement
Foreclosure As per loan agreement terms
Bounce Charges Rs 500 per bounce
Eligibility Criteria
Age 18-60 years
Min Income Rs 15,000 per month
CIBIL Score 750+
Employment salaried, self-employed
Documents PAN Card, Aadhaar Card, Income proof, Address proof, Bank statements
Our Verdict
Home Credit is a solid option in the instant loan space.