Why adjust your dreams, when your loan can be flexible?

You can avail Home Credit Flexible Personal Loan, if you fulfill the following criteria:

• Should be between 18 to 69 years of age
• Should have a documented proof of an active source of income
• Should have valid KYC documents (PAN Card & 1 Address proof)
• Should have an active bank account

With Home Credit Flexible Personal Loan, you can get a flexible credit limit ranging from ₹10,000 to ₹90,000

You can apply for Flexible Personal Loan very easily through our app Home Credit SuperCupo. The process is completely digital and can be done from the comfort of your homes. Just follow the following steps:

• Download ‘Home Credit SuperCupo’ App from the Google Play Store
• If you are an existing customer then sign up on the app using the mobile number registered with Home Credit. If you are new to Home Credit then sign up with the mobile number which is linked to your Aadhaar card and bank account for faster approval.
• Go to the "Loans" section and there you will find Flexible Personal Loan along with other loan products which Home Credit has to offer
• Select Flexible Personal Loan and start your online loan application
• Keep your PAN Card, and Address Prooof ready and just follow the simple steps as they appear on the screen
• After you get the approval, you will have to complete the loan signing process and set up auto-debit to activate your flexible credit limit.

You can withdraw an amount starting from ₹5000 from your flexible credit limit. The maximum amount you can withdraw cannot exceed your available flexible credit limit.

You can withdraw from the Flexible credit limit through Home Credit SuperCupo App by following the below-mentioned steps:

• Open Home Credit SuperCupo app, and login using the registered mobile number with Home Credit
• Go to Flexible Personal Loan page
• Click on "Withdraw" on Flexible Personal Loan page
• Select the amount you wish to withdraw
• Enter the OTP to authorize the transaction
• The amount will be transferred to your bank account

Home Credit Flexible Personal Loan offers the flexible limit for 36 months. A Flexible Personal Loan can later be converted into a term loan for upto 24 months. There is no minimum tenure, and you can repay the outstanding principal whenever you want through the "Pay Now" section on Flexible Personal Loan page in HOme Credit SuperCupo app.

Yes, Home Credit allows you to choose the flexible credit limit from ₹5,000 up to the maximum offered limit.

A Valid PAN Card, an Address proof and proof of an active bank account are required to apply for Flexible Personal Loan.

Flexible Personal Loan is different from Personal Loan in the following ways

• Fixed term personal loans have a fixed tenure with an agreed-upon repayment schedule with fixed rate of interest whereas a Flexible Personal Loan offers the Flexible Personability to withdraw the amount you need from your approved loan limit, as many times as you want and repay whenever you have funds with you.
• A personal loan requires you to pay a fixed EMI throughout the loan tenure. A Flexible Personal Loan, however, allows you to pay a Minimum Amount Due every month and also offers the flexibility to pay the principal outstanding whenever you have an extra cash available with you
• Personal loans are mostly subject to a fixed rate of interest that is charged on the entire loan amount, once the amount is disbursed into your account. You may or may not utilize the entire personal loan amount in one go but end up paying interest on the full amount. However, in a Flexible Personal Loan, the interest is charged only on the limit utilized (amount you withdraw into your account) and not on the total limit provided. Also the interest is charged only for the number of days the amount is utilized. This brings down your interest, thereby giving you financial flexibility and affordability.

It takes a few minutes to get an online approval for your Flexible Personal Loan application. All you need is to meet the eligibility criteria & provide the details required in the application form available on our Mobile App.

No, Flexible Personal Loan does not require any origination fee. Hence, you need not to pay any fee while applying for a Flexible Personal Loan.

Transaction fee is 2.5 % of the withdrawal amount. It is charged only when withdrawal is requested by you.

Your monthly bill will be generated 15 days before the due date . It will be made available on the mobile App and sent to your registered e-mail ID. You can easily download your monthly bill from our Home Credit SuperCupo app. Just click on your Flexible Personal Loan on Home Page and go to View Monthly Bill section. Click on this and you will be able to see your latest bills.

The exact due date is generated once the Loan application process is completed and contract is signed. Once generated, the due date cannot be changed.

You can pay your monthly bill through Home Credit SuperCupo App. Select "Pay Now" option on Flexible Personal Loan page and choose repayment method from the available repayment methods.

The minimum amount due, on your monthly bill, will be 3% of the outstanding principal plus applicable interest on the amount utilized for the number of days it is utilized, or 2500 whichever is higher. It is mandatory to pay the monthly bill on or before your due date to avoid late payment charges and negative impact on your credit score. You can also make a lumsum payment of the outstanding principal anytime you have additional funds with you.

Late payment charges will be levied on your total oustanding amount if the Minimum Amount Due as per the Monthly Bill is not paid by the due date.

You can foreclose your Flexible Personal Loan by placing an Early Repayment request by calling on 0124 662 8888 or writing to our Customer Care department at care@homecredit.co.in

Yes, a person with no credit history can also apply for a Home Credit Flexible Personal Loan if s/he meets the following eligibility criteria

• Should be between 18 to 69 years of age
• Should have a documented proof of an active source of income
• Should have valid KYC documents (1 Identity & 1 Address proof)
• Should have an active bank account

Yes, a pensioner can also avail Home Credit Flexible Personal Loan, if they meet the minimum eligibility criteria.

Yes, existing Home Credit customers can also apply for a Flexible Personal Loan product if their current contracts are not delinquent. Also, there should be a gap of 90 days between two Home Credit loan applications.