PAY EMI

Home Credit: Loan Parameters

LOAN PARAMETERS

 


Two Wheelers

Home Appliances

Mobiles & tablets

Laptops
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Cash Loan

Loan Amount

Upto 1,20,000

Upto 60,000

Upto  60,000

Upto  60,000

Upto  2,00,000

Loan term

9-36 months

6-12 months

6-12 months

6-12 months

9-48 months

Minimum advance cash/Down payment 20% 20% - 40% depending on commodity price 20% - 40% depending on commodity price 20% - 40% depending on commodity price N.A
STATEMENT OF CHARGES *

 

CD Standard (Mobile phone, laptops, home appliances)CD ZeroTWCash loan

Direct Debit Bounce Fee

NIL / Upto 300

NIL / Upto 300

NIL / Upto  300

NIL / Upto  300

Direct Debit Swap Fee

NIL / Upto  200

NIL / Upto  200

NIL / Upto  200

NIL / Upto  200

Monthly Customer Care Fee

Nil to Rs. 50

NIL

NIL

NIL

Processing Fee

Upto 5% 

Upto   599

Upto  3,999 

Upto 3% or 1,199

Pick Up Fee

 0

 0

 0

 0

Late Payment Penalties (Effective Dec 1, 2017)

1 Day After Due Date

 350

 350

 350

 350

30 Days After Due Date

 800

 800

 800

 800

60 Days After Due Date

 1350

 1350

1350

 1350

90 Days After Due Date

 2100

 2100

 2100

 2100

Credit assessment fee

NIL

NIL

NIL

NIL

Documentation fee

NIL

NIL

NIL

NIL

Fee for NOC / NDC

NIL

NIL

NIL

NIL

Flat Rate of Interest

Upto 36% p.a

0% p.a

Upto 19.99% p.a

Upto 42.12% p.a

   

Important Information * :

  • We request that you pay your monthly instalment by the recommended payment date as stated in your Loan Summary to avoid any last minute hassles. Paying well on time will not only help you avoid late fees but will also help build a good credit score.
  • Please refer to your Loan Summary for fee, charges and interest applicable to your loan.
  • The fee and interest shall be charged basis loan amount, commodity financed and specific offers.

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Home Credit: Loan Parameters

Rates and Options for Easy Consumer Finance