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Press Release

Consumer finance company, Home Credit Indiainaugurates Mumbai office

- Business expansion will provide a sales, technical support and trainingcentre for Greater Mumbai

- Targeting to tap 2000 dealers in the next six months

New Delhi, June 14, 2016: Home Credit India Finance Pvt. Ltd., one of India's fast-growing Non-Banking Financial Companies (NBFC)thatempowers every Indian with fast and simple finance to fulfill dreams, has announced launch of its new fully operational office in Mumbai. The office will provide a sales, technical support and training centre for the new partners and existing dealers in the market.Home Credit has recently expanded its presence to nearly 50 cities across 14 states of India. It services its growing customer base of over 8 lakh in the country through a strong network of nearly4,000 Points-of-Sale (PoS).Home Credit aims to drive credit penetration by offering simple, transparent and accessible loans for mobile phones, home appliances, laptops and two-wheelers.

Announcing the expansion, Mr. Tomas Hrdlicka, Chief Marketing Officer, Home Credit India Finance Pvt. Ltd said, "In the past one year, Home Credit has aggressively tapped newer markets and Mumbai being the financial capital of India is very important part of Home Credit's expansion plan in the country. Our new office reaffirms our commitment and will play a significant role in further consolidating Home Credit's footprint in Greater Mumbai. The new office will further empower us to provide direct support and services to our rapidly expanding customer base."

Home Credit B.V has operations in 11countries 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, Patna, Trivandrum 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.

For more information, contact:
Home Credit India
Nidhi Malik