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Press Release

Home Credit Partners with ASUS to offer 0% Interest EMI on Smartphones

- Schemes available for Zenfone 3 Max and Zenfone 3 range

Gurgaon, May 12th , 2017 : ASUS, the Taiwanese leader in mobile technology, today announced its partnership with Home Credit, one of India's leading NBFCs, to offer interest free EMI on smartphone purchases. Under this association, customers can avail EMI schemes of 6/7 months.

This strategic step was taken to ensure that consumers have easier access to ASUS smartphones, enabling them to live their digital lives without any hindrances. The schemes, available across Zenfone 3 Max 5.2, Zenfone 3 Max 5.5, Zenfone 3s Max, Zenfone 3 5.2 and Zenfone 3 5.5, will enable customers to purchase these smartphones with hassle-free financing options.

Commenting on the partnership, Peter Chang, Regional Head - South Asia & Country Manager - ASUS India, said, "We have always believed in empowering our consumers with products that perfectly combine advanced technology and luxurious specs. We are very excited about our partnership with Home Credit. Consumers will be able to purchase our smartphones, while also giving them the freedom to select a financing option that suits them the best."

Speaking on the collaboration with ASUS, Artem Popov, Chief Sales Officer – Home Credit India, said, "We are delighted to partner with a leading smartphone brand like ASUS. We are optimistic that our association to offer quick and easy loans at zero percent interest and easy EMI options will make buying ASUS phones much easier and convenient throughout our 8500 Points of Sale spread across over 70 cities in 15 Indian states."

Scheme Details:

Zenfone 3 MAX 5.2 Zenfone 3S MAX Zenfone 3 MAX 5.5 Zenfone 3 5.2 Zenfone 3 5.5
Term 6 Months 7 Months 6 Months 7 Months 6 Months 7 Months 6 Months 7 Months 6 Months 7 Months
Down Payment 2,600 2,600 3,000 3,000 5,100 5,100 6,600 6,600 8,400 8,400
Processing Fee 399 599 399 599 399 599 399 599 399 599
Interest 0 0 0 0 0 0 0 0 0 0
Monthly Installment 1,733 1,486 2,000 1,714 1,983 1,700 2,567 2,200 3,267 2,800

Note to editors:

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About ASUS:

Founded in 1989, ASUS is a Taiwanese multinational computer hardware and electronics company. ASUS derives its name from Pegasus, the winged horse in Greek mythology, and embodies the strength and creative spirit symbolized by this mythical creature. A leading enterprise in the new digital era, ASUS' design thinking philosophy empowers customers with quality and innovative products that perfectly meet the needs of today's digital homes and offices. The company's broad portfolio comprises of motherboards, graphics cards, optical drives, displays, desktop and all-in-one PCs, notebooks, netbooks, servers, multimedia devices, wireless solutions, networking devices, tablets, smartphones and wearables. ASUS is currently a worldwide top-three consumer notebook vendor and maker of the world's bestselling, most award-winning motherboards. Driven by innovation and committed to quality, ASUS won 4,368 awards in 2015 and is widely credited with revolutionizing the PC industry with its Eee PC™. ASUS has more than 17,000 employees around the globe with a world-class R&D team of over 5,500 engineers. The company revenue for 2015 was approximately USD 14 billion.

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 70 cities across 15 states in the country. The company has a strong network of nearly 8,500 Points-of-Sale (PoS) where it services nearly 2.5 million customers through a driven employee base of over 16,000 as of March 31, 2017. Home Credit India has been recognized by Aon Hewitt as a Regional AON Best Employer 2017 for employer excellence. More information on Home Credit India is available at www.homecredit.co.in

For more information, contact:
Home Credit India
Nidhi Malik