Home Credit personal loan is easy to avail so it is the perfect choice if you need cash instantly. The proceeds of a personal loan can be either deal with a medical emergency or to get married, go on a vacation, renovate your home, etc. Home Credit Personal Loan can be availed online from the comfort of your home or office. Home Credit offers a loan amount of up to Rs. 2.4 lakh and you can get instant online approval if you meet the eligibility criteria and submit the basic documents required.
Home Credit Personal Loan Payment
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How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
Home Credit Personal Loan Payment
How to pay Personal Loan EMI?
1. Go to the Loan EMI payments page on the Home Credit website
2. Enter the loan contract details and confirm it
3. Subsequently, you will be directed to a page that contains details of your personal loan EMI payment dues as well the available payment options
4. Choose either debit card or any of the net banking options to make the payment
5. You will receive an OTP on your registered mobile number. Either enter the OTP or type in the transaction password
6. Once the payment is done, you will receive confirmation through e-mail or SMS
How to Check Home Credit Personal Loan Statement?
You can view the statement of your Home Credit Personal Loan anytime, anywhere using the Home Credit India app from the Google Play Store.
Home Credit Personal Loan Interest Rate
The interest rate of Home Credit personal loan starting from 2.00% per month. However, the interest rates on personal loans offered to an individual by Home Credit depends on multiple factors including but not limited to credit score, loan amount, age, repayment history, etc.
Contact Details of Payment Related Issues
If you have any issue/query related to the payment of your EMI, you can get in touch with the customer care team of Home Credit.
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
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Personal Loan Articles
View All ArticlesPaisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
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