Home Credit Personal Loan

Personal Loan at 10.75% p.a

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Home Credit Personal Loan Features

Home Credit Personal Loan Eligibility Criteria Details
Home Credit Personal Loan Interest Rate 9.75% p.a.
Home Credit Personal Loan Lowest EMI per lakh Rs 2112
Home Credit Personal Loan Tenure 12 to 60 months
Home Credit Personal Loan Processing Fee 1% to 2% of Loan Amount
Home Credit Personal Loan Prepayment Charges Allowed after 12 Months (2 – 4 %)
Home Credit Personal Loan Part Payment Charges Allowed after 12 Months (2 – 4 %) 
Home Credit Personal Loan Min Loan Amt ₹ 50,000
Home Credit Personal Loan Max Loan Amt ₹ 75 Lakh

About Home Credit Personal Loan

Money that the person borrowed from any financial and non-financial institution for personal use is known as Personal Loan. It is financial assistance provided by the banks to meet various needs.

What is Personal Loan?

Personal Loan is unsecured debt that means it does not require any mortgage or collateral and one can get a Personal Loan based on their eligibility like monthly income, banking history, CIBIL score, employment profile, etc. which may vary from person to person. It is not a secured debt as there is no collateral against the debt. It is backed only by your promise to repay, and for this reason, It is also known as a signature loan or unsecured loans.

Interest Rate of Home Credit Personal Loan

The interest rates in Personal Loan depends upon the company’s profile and salary of a person. It starts at 10.75% per year.

More About: Interest Rates on Personal Loan

Features of Home Credit Personal Loan

  1. Firstly, one should Know your loan eligibility in 1 minute, available online, and across all branches.
  2. After that competitive interest rates for personal loans.
  3. Besides that, they provide Special offers, interest rates, and nominal charges
  4. And Special personal loan offers is for women employees.

Click here to know about- EMI Calculator

Home Credit Personal Loan eligibility criteria

  1. Age: First of all, the age should be 21-60 years.
  2. Current Work Experience: Minimum 1 month
  3. After that Total Work Experience: Minimum 2 years
  4. Besides that Minimum Salary: Rs. 12,000/to 18,000/- per month net income

Click here to know more about- Eligibility Criteria

Tenure for Home Credit Personal Loan

It is the time for which you have gotten the loan. It can be of 1 year to 5 years.

Documentation required for Home Credit Personal Loan

  1. Identity proof is required. (Passport/Id card/voter card/driving license) It can be any one of them.
  2. Photographs passport size two colored photos. (Applicant should not be wearing glasses)
  3. Passport can also be considered as your identity proof because it has an applicant name, age, address, and a photograph. If you have a passport, then there is no need to bring your address proof separately. But the passport should not be expired.
  4. Bank statement of the last six months and the salary slip of last three months is also needed.
  5. Residence proof can be the Aadhar card, voter card, and passport (Passport/Id card/voter card/driving license). Electricity and water bill for the last three months because these are the proofs that you are residing in that particular place.
  6. Driving license is also regarded as a proof of identity and residence evidence because it contains the name, date of birth, and a photograph of the applicant. But the condition is that it should not be expired.
  7. Aadhar card is provided by UIDAI that contains biometric details of the customers like age, date of birth, and photos of the individual and also consider as proof of your date of birth.
  8. PAN card is the permanent account number given to the customers, and it prevents the financial frauds. So it is also considered as an identity/residence proof. Pan card is essential to document under KYC (Know Your Customer) formality.
  9. Ration card is also considered as a residence proof because it provides enough information about the applicant.

Why is Loannow the best to get Personal Loan?

  1.  Loannow responds to the customer’s queries very quickly.
  2. Besides that, the interest rates we offer are minimum as compared to other competitors.
  3. Furthermore, here, you can easily compare the rate of interest with other financial and non-financial institutes.
  4. And here you will get proper guidance for the personal loan.
  5. If you apply on the www.loannow.in, you will get a document pickup facility from your doorstep.

How to apply for the Home Credit Personal Loan?

  1. First of all, visit www.loannow.in on Google.
  2. After that, fill the application form for the personal loan.
  3. Moreover, You will get a call back within 5 minutes, with proper guidance.
  4. If you are eligible, then your loan will get approved within 10 minutes.

Personal Loan Interest Rates: Updated

Bank Interest Rates
HDFC Bank 10.99% to 18%
ICICI Bank 13.99% to 18%
Fullerton India 17.25% to 32%
Bajaj Finserv 13.99% to 16.75%
Axis Bank 15.50% to 24%
Standard Chartered Bank 15.75% to 22%
Kotak Mahindra Bank 13.75% to 19%
Andhra Bank 13.50% to 22%
Bank of Baroda 13.50% to 19%
Vijaya Bank 13.75% to 22%
Corporation Bank 14.50% to 20%
Allahabad Bank 13.70% to 20%

Gold Loan Interest Rate of Major Banks

Bank

 Interest Rates

HDFC Bank Gold Loan

7.25% – 14.50%

ICICI Gold Loan

7.25% – 16.10%
Muthoot Finance Gold Loan

7.25% – 24.00%

Axis Bank Gold Loan

7.25% – 17.00%
Manappuram Gold Loan

7.25% – 26.00%

Yes Bank Gold Loan

7.25% – 15.99%
Bank of India Gold Loan

7.25% – 26.00%

Federal Bank Gold Loan 

7.25% – 13.50%
IIFL Gold Loan

7.25% – 12.00%

Central Bank of India Gold Loan

7.25% – 14.65%

Canara Bank Gold Loan

7.25% – 12.65%

Allahabad Bank Gold Loan

7.25% – 10.45%

Induslnd Bank Gold Loan

7.25% – 15.75%
PNB Gold Loan

7.25% – 11.75%

Bajaj Finance Gold Loan

7.25% – 26%
SBI Gold Loan

7.25% – 15.99%

Indian Bank Gold Loan

7.25% – 15.99%
UCO Bank Gold Loan

7.25% – 26.00%

Kotak Mahindra Bank Gold Loan

7.25% – 13.50%
Syndicate Bank Gold Loan

7.25% – 12.00%