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Press Release

Consumer finance company, Home Credit Indiaexpands base to 10,000 employees

- NSDC trained rural youth employed across cities

- Opens Assessment and Hiring Centres across Delhi NCR and Mumbai

Gurgaon, June 14, 2016:Inline with its aggressive expansion and strong focus on customer responsiveness, Home Credit India Finance Pvt. Ltd., one of India's fast-growing Non-Banking Financial Companies (NBFC)has extended its employee base to 10,000 in India (including on and off-rolls employees). A large chunk of Home Credit's employee pool comprises rural youth hired from the Government's National Skill Development Centres (NSDC) across different states. The company which has been enabling consumers across the country to realize their dreams and aspirations in a financially secure way is today present in nearly 50 cities across 14 states of India. Home Credit's offerings primarily consist of providing in-store financing (direct non-cash loans in retail outlets) to qualified customers looking to purchase home appliances, laptop/tablets, mobile phones and two-wheelers.

Home Credit aims to drive credit penetration and has provided employment opportunities to provide quality assistance and guidance to its consumers. It services its growing customer base of over 8 lakh in the country through a strong network of nearly 4,000 + Points-of-Sale (PoS). Home Credit has assessment and hiring centres across Delhi NCR and Mumbai and believes in giving an opportunity to people of varied skill sets and qualifications. Company as a policy does not outsource manpower but instead hires them as on-rolls employees, providing them with benefits of ESIC, PF, Leave policy and other employee benefits.

Speaking about the achievement, Jindra Háchová, Chief HR Officer, Home Credit India Pvt. Ltd. said, "Home Credit has always been known to be a company with a vision and this milestone of 10,000 employees could not have been realized without support of our customers and hard work and dedication of our partners and associates.We also take pride in providing viable employment to educated rural youth through our tie-up with NSDC and hope to further increase the numbers in few years."

Once hired, employees undergo a specialized training program under which employees are hand- held and trained on BFSI sectorial knowledge as well as extensively on functional skills, since many of the hires are first time mangers, company spends time and resources on their Learning and Development as part of structured programs.

Besides India, Home Credit B.V has operations in 10 countries across Europe, Asia and North America. The company is currently operating in Delhi NCR, Jalandhar, Chandigarh, Ludhiana, Jaipur, Lucknow, Pune, Bhopal, Indore, Kanpur, Mumbai, Ahmedabad, Bangalore, Coimbatore, Jodhpur, Hyderabad, Chennai, Kota, Jabalpur, Kochi, Agra, Nagpur, Raipur, Surat, Nashik, Mysore, Madurai, Vizag, Vadodara, Rajkot, Trivandrum, Patna and will soon be present in many more. Home Credit India is headquartered in Gurgaon and total employee strength is over10,000 and growing.

About Home Credit India:

Home Credit India Finance Pvt. Ltd. is a leading consumer finance provider that is committed to drive credit penetration and financial inclusion by offering financial solutions that are simple, transparent and accessible to all. One of India's leading Non-Banking Financial Companies (NBFCs), Home Credit India has its operations in nearly 50 cities across 14 states in the country. The company has a strong network of nearly 4,000 Points-of-Sale (PoS) where it services over 800,000 customers through a driven employee base of over 10,000. More information on Home Credit India is available at www.homecredit.co.in
Home Credit India is part of Home Credit B.V., an international consumer finance provider with operations in 11 countries across Europe and Asia. The group employs nearly 70,000 employees who have so far served nearly 50 million customers through the vast distribution network comprising over 175,000 points of sale, loan offices, branches and post offices. More information on HCBV is available at www.homecredit.net
More information on HCBV is available at www.homecredit.net.
More information on Home Credit India is available at www.homecredit.co.in

For more information, contact:
Home Credit India
Nidhi Malik