Press Release

Home Credit announce 0% Barsey campaign to celebrate with 0% loans on leading smart phones brands

- Offers 0% interest on 17 leading smartphone brands catering to over 90% of the market-

Gurgaon, March 6, 2017: Home Credit India wishes to make the festival of colors, Holi, a memorable one for the first time loan takers across the major Indian cities. The company that is one of the fastest growing NBFCs in India and a leader with 87.2% market share in the up to Rs.10,000 loan category (July- Sept 2016, according to CRIF*), has announced 0% interest loans on all leading smartphone brands in major cities. The Holi campaign will be available at Points of Sales in Delhi NCR, Mumbai, Jaipur, Pune, Hyderabad, Bangalore, Ahmadabad, Nagpur, Chennai and Chandigarhfrom March 2017 onwards.

Announcing the campaign, Mr. Tomas Hrdlicka, CMO, Home Credit India said "Holi is the festival of colors and it lends India that unique touch of a million hues. And at Home Credit India we are in the business of adding colors to the lives of our 2 million and growing customers who are mostly first time loan takers, by realizing their dreams of a better life. We are pleased to offer our Holi Special Offer of 0% Interest on Loans on Smartphones and hope that the scheme helps our growing customer base to upgrade to smart phones and enjoy a great experience this Holi.”

Home Credit’s offerings primarily consist of providing in-store financing (direct non-cash loans in retail outlets) to qualified customers looking to purchase consumer durable goods such as mobile phones home appliances, laptop/tablets, electronic goods and two-wheelers. The company has its operations in over 70 cities across 15 states in the country It has a strong network of nearly 8500 Points-of-Sale (PoS) . where it services nearly 2.5 million customers through a driven employee base of over 16,000

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 over 60 cities across 15 states in the country. The company has a strong network of nearly 7,000 Points-of-Sale (PoS) where it services nearly 2 million customers through a driven employee base of over 17,000.

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 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.

About Home Credit B.V:

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 over 100,000 full time employees who have so far served nearly 70 million customers through the vast distribution network comprising over 270,000 points of sale, loan offices, branches and post offices as of December 31, 2016.

More information on Home Credit India is available at www.homecredit.co.in

More information on HCBV is available at www.homecredit.net

About CRIF: CRIF is a global company specializing in credit burea, business information, analytics decisioning and software solutions.

Media Contact Information:
Home Credit India
Tanima Gupta / Monikarjun Dutta
09830907212 / 8399846806
tanima@kommune.in / monik@kommune.in