Minimum Loan Amount
Optimum Loan Amount
Existing Home Credit Customers
A new comer to Home Credit Customers
What is going to be tenure for availing Personal Loan?
Existing Home Credit Customers
Not used to Home Credit Customers
exactly What papers have to make an application for an unsecured loan?
To try to get an individual loan, you ought to offer 1 ID evidence and 1 addre proof that is current. Set of appropriate documents for Existing Residence Credit
Conditions use. Residence Credit Asia reserves the rights to phone upon extra papers at its discernment.
What’s the procedure to use?
Current Residence Credit Customer Existing Residence Credit clients can always check their pre-qualified loan provides on our App that is mobile and for the loan regarding the App it self. Our product product sales representatives also make contact with qualified customers as so when the mortgage provides are for sale to them.
A new comer to Home Credit Customer A new comer to Residence Credit clients are now able to avail loan that is personal of to 2 lakhs on our mobile App. You could begin your application for the loan in three actions:
It really is mandatory for brand new to Residence Credit clients to own banking that is net on the active banking account to try to get an unsecured loan.
Can I find the loan tenure and amount of my loan?
Yes, the mortgage tenure and amount may be chosen by client foundation the eligibility requirements defined by Residence Credit Asia
Do i must spend any charges that are additional unsecured loan?
A proceing cost (up to 3% associated with loan quantity) can be levied on loan as defined because of the rates matrix accompanied by Residence Credit Asia
May I get yourself a loan that is top-up my current personal bank loan?
Yes, Residence Credit India provides top-up from the current unsecured loan based on the payment history and relevant credit policies.
How to get the status of my loan that is personal application?
As soon as your loan is authorized, you can examine the status on Residence Credit mobile phone App. Loan quantity frequently gets disbursed to your bank-account within 5 trading days through the day’s signing the agreement.
Which are the Value Added Services available with personal bank loan?
Residence Credit loan that is personal with a great Value Added provider called Safe Pay, that offers re payment getaway, very very early property property property foreclosure and term life insurance advantage. The charge because of this solution are going to be incorporated into your instalments that are monthly.
Re Re Payment Holiday
This center enables to postpone the month-to-month instalment by a month. Clients meet the criteria for Payment getaway right after paying very very first 2 EMIs on or ahead of the date that is due. The re payment getaway solution may be used twice per during the loan term and at least 6 EMIs should have been paid between the two services year. The mortgage term increases by 1month every right time this solution can be used.
Free Early Repayment
You are able to foreclose the loan when through the loan term with no charges that are additional. Points to bear in mind before availing this solution
There really should not be any outstanding quantity on your loan
Request is raised at the least 5 times prior to the date that is due case EMIs are compensated through Direct Debit mode. Clients EMIs that are paying other re payment modes can enhance the demand whenever you want before deadline
Life Insurance Policies
Get yourself Life insurance coverage for 1.25 times the mortgage add up to protect loan responsibility in unforeseen situation because of various factors that cause death –accidental, illne and normal. During claim, loan outstanding principal will be settled first plus the staying quantity are going to be provided to nominee.
Can it be mandatory to just take Value Added provider aided by the loan?
Clients might wish to decide for value added service on the very own discernment throughout the application for the loan proce.