Home Credit India successfully fulfills the dreams of 10 million Indians

- Home Credit has achieved the milestone of 10 million customers in a span of 7 years

- The 10 millionth customer, a first-time borrower, has purchased a smart phone with Home Credit's easy finance options

New Delhi, 09 Sep.: Home Credit India, a local arm of the international consumer finance provider with operations spanning over Europe and Asia and committed to drive financial inclusion in India, today announced achieving the milestone of 10 millionth customer in the timeframe of 7 years. Being a leader in the mobile financing business of sub Rs10,000 category, the 10th million customer has purchased a smart phone with Home Credit's financial assistance. The company is committed to drive credit penetration and broaden financial inclusion through responsible lending in the country.

Speaking on the achievement, Marko Carevic, Chief Marketing and Customer Experience Officer, said; "It is not just a number, but the faith shown by 10 million customers in Home Credit India. We continue to be committed to our vision of making dreams affordable for India as with this, we have several milestones to achieve in the times to come. We at Home Credit, take pride in adding cheer to the lives of customers through various attractive financing solutions that would help them fulfil their aspirations and help us achieve the objective of broadening financial inclusion in India."

Elated at being the 10th million customer of Home Credit India, Ms. Bano from Pune said; "I always thought that taking a loan was a tedious and stressful process and had my reservations towards it. However, when I went to buy a smartphone from Home Credit, it changed my outlook towards taking loans entirely. The finance options were easy, and the loan came through in a very short timeframe which was a phenomenal experience. Thanks to Home Credit, I have now bought myself a smartphone with an advanced technology which helps me stay connected with my family and friends. I am glad I chose Home Credit."

With the objective of empowering customers, Home Credit offers flexible financing options on smartphones and home appliances that are simple, transparent and accessible to all. These financing options can be availed easily as the company has a strong network of around 29,000 points-of-sale (PoS) across 179 cities. Home Credit provide loan options on leading smartphones and consumer durable brands like LG Electronics, Samsung, Nokia, Oppo, Sony, Voltas and others to upgrade to a better lifestyle.

About Home Credit India

Home Credit India Finance Pvt. Ltd. is a leading Non-Banking Financial Company (NBFC) in consumer finance lending. The company is committed to drive credit penetration and financial inclusion by offering large financial solutions that are simple, transparent and accessible to all. With largest penetration in sub Rs.10,000 category, Home Credit India has an employee base of over 15,000 and has been consistently expanding operations since its entry in 2011, with its operations spread over 179 cities across 20 States in India. The company has a strong network of around 29,000 points-of-sale (PoS) and is growing with a customer base of around 9 million customers, driven by Pan-India expansion across major markets, a range of diversified and innovative products backed by superior customer experience. Home Credit India has been recognized by Aon Hewitt as a Regional AON Best Employer 2017 for employer excellence. For more information, visit www.homecredit.co.in

(Leader in sub Rs.10,000 category of consumer finance lending as per CRIF Report September 2019)

For more information, visit www.homecredit.co.in

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