The Free Press Journal

Home Credit India Finance offers interest-free loan for home appliances

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One of India’s growing non-banking finance company, Home Credit India Finance Pvt. Ltd, is going to offer interestfr­ee loans on home appliances

Under this offer, customers will be able to finance purchase of various home appliances with loans at attractive and flexible equated monthly installmen­t options. Home Credit has partnered with brands like Sony, Intex and Intec to offer zero per cent EMI loans on LED TVs, air conditione­rs, washing machines, camera lenses, home theatre systems, and photo/video cameras of these brands.

With a nominal processing fee and repayment period options of 6/8/10/12 and 15 months respective­ly, customers can apply for these home appliances loans ranging from Rs 1,000 to Rs 100,000. With a strong focus on financial inclusion, Home Credit provides loans to customers who either have credit history or decide to build it through their first loan from the company.

Artem Popov, Chief Sales Officer, Home Credit India said, “Our financing products are aimed at enabling customers to enjoy a better lifestyle by making home appliances affordable. With easy repayment options and minimum documentat­ion, applying for our home appliances loans is seamless, simple and hassle-free. Customers can now buy their latest and favourite brand of ACs, refrigerat­ors and other home appliances from the nearest Home Credit store.”

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