Home Credit Personal Loan Review – Forbes Advisor INDIA - Forbes

Loan Amount

Between INR 25,000 and INR 2,40,000

Rate of Interest

Begins with 2% a month to 4% a month.

Repayment Tenor

For existing customers, between 9 months and 51 months.

For new customers, between 6 months and 48 months.

Prepayment and Foreclosure

You can close the account anytime without any charges.

Approval Process

On applying online, the company expects to evaluate your application on a priority basis, the time period of which it claims can be as less as a day.

Home Loan Personal Loan Cost

Loan Processing Charges: 0% to 5%

The following late payment charges are applicable if you unable to pay the loan amount after the due date:

Payment Holiday

• This facility enables a customer to postpone an equated monthly instalment (EMI) in case of an emergency.
• You will have to pay the first two EMIs on the due date to become eligible for the payment holiday facility.
• This facility can be used twice in a term, with at least one EMI paid in between. You will have to call the company up to six days in advance to avail this facility.
• This facility will have no negative impact on the credit score of the borrower.

Adblock test (Why?)

Home Credit Personal Loan Review – Forbes Advisor INDIA - Forbes
Read More


Bagikan Berita Ini