Finding it difficult to keep up with your finances to keep your business running? Home Credit’s personal loan for self-employed of up to ₹ 5 lakhs with instant approval & minimal documentation are perfect to help your business thrive! Click here to know more
Instant Personal Loan for Self Employed by Home Credit
Our personal loan for self-employed is designed to provide the flexibility and convenience of access that self-employed individuals require for business expansion. Home Credit is here for you, whether you need money to expand your business, pay off debts, or meet working capital needs.
So, what are you waiting for? You can easily apply for personal loans for self employed of up to ₹ 5 lakhs through Home Credit in three quick steps and enjoy instant approval on your loan amount with minimal documentation.
Features & Benefits of Personal loan for self-employed
Let us look at some of the features and benefits that set a Home Credit personal loan for self-employed apart from other personal loans in the market -
Affordable High-Value Loan
Get instant approval on a high-value personal loan for self-employed up to ₹5 lakhs without any restrictions on the end usage of the funds.
Hassle-Free Disbursement
Get a quick personal loan online from Home Credit with a hassle-free disbursal procedure. Fulfill the eligibility criteria and furnish the documents required to get instant loan approval and expect quick disbursal of funds within a few hours.
Paperless Application Process
The process to apply for a personal loan for self-employed with Home Credit is quick and easy. You can easily apply for an instant personal loan through our app and get instant approval.
Flexible Repayment Tenure
You can easily repay the loan amount in flexible EMI’s as per your convenience with a repayment tenure ranging from 6-48 months for new applicants and 9-51 months for existing home credit customers.
Minimal Documentation
To get started on your instant personal loan application, you only must submit 2 documents – your identity and address proof!
No Collateral
You don't need to provide any guarantor or security to avail yourself of a personal loan for self-employed from Home Credit.
No Hidden Charges
We make every effort to make our procedures as transparent as possible. Therefore, you won’t have to be concerned about any hidden charges.
Low EMI Amount
Get a personal loan for self-employed up to ₹5 Lakhs, with easy EMI options.
Are You Eligible for a Personal loan for self-employed?
If you are:
Age: An Indian citizen between the age group of 18 and 60 years
Income source: salaried, self-employed, or pensioner
Documents: 1 ID proof and 1 Address Proof
Gap between two Home Credit loan applications: 90 Days
Bank account: Should have an active bank account
Then, yes – you are eligible to avail yourself of a personal loan for self-employed from Home Credit.
Documents Required to Apply for An Instant Personal Loan
To ensure that your instant personal loan for self-employed application is processed efficiently, we only need a few documents:
Why Choose Home Credit for Taking a Personal loan for self-employed?
Home Credit – A name you can trust!
Our team at Home Credit assists you at every stage of your loan journey, keeping the desires and needs of our customers in mind.
We are flexible
Home Credit India offers flexible repayment options to make our personal loan perfect for your needs.
No Collateral? No problem!
We do not want you to give us any security or guarantor to cover the instant personal loan.
Lengthy Documentation – Not our thing!
We only need just 2 documents that are necessary to process your loan application.
Customer experience at its best
Our customer centric approach gives us the edge and has left countless of our customers satisfied.
How to Apply for Personal loan for self-employed with Home Credit?
To get your personal loan for self-employed up to ₹5 Lakhs, just follow these three simple steps below and get instant approval:
Enter your phone number and follow the simple steps to check your eligibility.
Get instant online approvals on personal loan of up to ₹5 Lakhs.
Get the loan amount disbursed within hours of signing the agreement.
Avail Quick & Easy Personal loan for self-employed from Home Credit
While there are some advantages to being self-employed, a fluctuating monthly income is a substantial drawback, particularly in the early years. Whether you are a doctor who has started a clinic, a self-employed architect, or a fledgling entrepreneur, Home Credit offers easy personal loans for self-employed up to Rs. 5 lakhs with immediate approval and minimal documentation.
Download the Home Credit app on your phone to get started.
Personal loan for self-employed FAQs
How Can I Avail a personal loan for self-employed from Home Credit?
To get your personal loan for self-employed up to ₹5 Lakhs, just follow these three simple steps below and get instant approval:
Enter your phone number and follow the simple steps to check your eligibility.
Get instant online approvals on personal loan of up to ₹5 Lakhs.
Get the loan amount disbursed within hours of signing the agreement.
Do I need any collateral to avail myself of this loan?
No. Taking a personal loan for self-employed from Home Credit is free of collateral. You do not have to worry about pledging any assets or security to get a loan.
How much time do I get to repay my loan?
Home Credit offers a long and flexible loan tenure ranging from 6-48 months for new applicants and 9-51 months to repay the loan amount for existing Home Credit customers.
What expenses can I cover with my personal loan for self-employed?
Home Credit does not implement any restrictions on how you decide to use the sanctioned loan amount. This allows you to meet both direct and ancillary expenses incurred while faced with a financial emergency.
What is the minimum and maximum loan amount that I can avail?
Home Credit offers an instant personal loan ranging from ₹ 25000 to ₹ 2 lakhs for new applicants and ₹ 10000 to ₹ 5 Lakhs for existing Home Credit customers along with instant approval and flexible repayment options.
Is there any processing fee charged?
Home Credit charges a small processing fee that ranges from 0-5% of the loan amount. It varies depending upon the risk profile of the user.
What are the documents required to apply for a personal loan for self-employed?
Here are the two documents you need to get an instant personal loan from Home Credit:
