Home credit is a website and also a mobile app. Here you will get a personal loan of up to Rs. 2 lakh rupees. For getting a loan from home credit, your age should be more than 19 years and an id proof of your citizenship. There are more than 10 million people currently using this website.

The processing charge varies from 0% to 5%, depending on the loan you have applied for. Any salaried or self-employed person can get the loan with just two documents. After getting the loan, you will have to pay the loan amount in monthly installments. Now let’s talk about the feature of home credit:

Features

Fast loan approval

If you are in instant need of cash, then what will you do? At such a time, you need a friend that will give you the money that you need. The home credit is you’re that friend. Yes, you heard it right. It is the app where you can get a loan with just one click. No need to wait for many days for the approval of the loan. This app will approve your loan in some hours.

No need for collateral

The most common problem that every middle-class family has to face is the problem of collateral. This app also solves this problem. For taking a loan, you don’t need any collateral or guarantee. All you need is id proof, age of more than 19 years, net banking, and a minimum salary of Rs 10000. So if you don’t have any property or expensive metals to keep as collateral, don’t worry and visit the home credit app.

Paperless procedure

If we take a loan from any bank or other non-banking financial institute, we must go through lengthy paperwork. You have to show your salary proof, your account details, tax returns, and many more. An average person with no knowledge will get confused in such massive papers. To avoid all the paperwork, you can go with the home credit app. This app will not ask you for any paper or any account history. This app links with your bank account and automatically deducts the monthly installment from your bank account.

Instant distribution of fund

Taking a loan from this app will going to be your best decision. Here you will get the loan amount into your account within few hours of the approval. So you need not wait for an extended period for the money to be credited into your account.

Conclusion

Now you have understood that why home credit is the best app from where you can take a loan of up to 2 lakh. Not only this, they have a transparent process. It means that there are no hidden charges are there.

Applying for a loan from an app is so convenient that you can apply from any location. They will never ask you the reason why you are taking this loan. Home credit is providing its services in different countries. So if you require a loan must go and check the home credit app. It is effortless to register and use the app.