Comparison of Home Credit India Finance PL vs Other Lenders
|Personal Loan Comparison Criteria||Home Credit India Finance||HDFC Bank|
|Tenure||18 to 48 months||12 to 60 months|
|Loan amount||Rs. 25,000 to Rs. 2 lakh||Upto Rs. 40 lakh|
|Processing Fee||Nil||Upto 2.50% of the loan amount|
Thereof, how is EMI calculated on home credit?
Once your loan is approved, you can check the status on Home Credit Mobile App. Loan amount usually gets disbursed into your bank account within 5 working days from the day of signing the contract. You can also contact us at 0124 – 662- 8888 or chat with us on our mobile App between 9:00 AM and 7:00 PM.
In this regard, does Home Credit require down payment?
The downpayment depends on the item that you want to avail. We recommend that you pay the highest downpayment you can provide for lighter monthly installments. For more information, you can approach our Sales Agent at our partner stores. You can also check our loan calculator in the website.
How much loan I can get if my salary is 12000?
Salary of 12000, Am I eligible for Loan? Check here online
|Product||Salary||Min. loan amount|
How can I make 50k instantly?
Borrowers can avail an instant loan of Rs. 50,000 via the SimplyCash personal loan app. If you fall correctly in the eligibility criteria and own the right set of documents, an instant loan of Rs. 50,000 is approved and disbursed within 24 hours.
How can I get a 50000 loan online?
How to Apply for a Rs.
- Check Your Eligibility. Find out the maximum loan amount you’re eligible for online in 2 minutes.
- Select Your Plan. Choose a custom loan amount and the repayment period that suits your financial needs.
- Upload Your Documents. …
- Get the Loan Amount.
How can I get 50000 loan?
50,000 Personal Loan.
- Provide your personal and financial details while filling the application form online.
- Choose a loan amount and suitable tenor to get instant approval.
- A Bajaj Finserv representative will get in touch with you. Hand over all necessary documents to him/her.
- Receive the approved loan amount in your account shortly.
Can I pay EMI before due date?
If you pay the complete bill amount before the due date, you need not pay any interest. However, if you convert the amount into EMIs, then you need to pay the bill amount along with the interest levied.
What happens if you don’t pay a personal loan back?
Defaulting on a personal loan could result in: A significant drop in your credit score (as much as 100 points from just one missed payment). Trouble securing credit in any form for years to come. Difficulty locking in a good interest rate even if you‘re able to secure credit in the future.
Why would a home credit be rejected?
The most common reasons for being denied credit are: Bad (or no) credit: Lenders look at your borrowing history when you apply for a loan, which is reflected in your credit scores. … 2? With some loans, such as home loans, lenders are required by law to calculate your ability to repay.
Why would a home credit be declined?
Rejection for Delinquent Borrowers
Just like any lender, Home Credit checks the credit history and score of borrowers with the Credit Information Corporation. This means you’re likely to be rejected if you have unpaid loans reflected on your credit report.
Where can I get a loan and make monthly payments?
Best Online Loans with Monthly Payments
|CashUSA.com||bad credit loans with monthly payments||Check Rates|
|BadCreditLoans.com||bad credit loans with monthly payments||Check Rates|
|Citizens Bank||long-term personal loans with monthly payments||Check Rates|
|PNC||long-term personal loans with monthly payments||Check Rates|
Can I loan money in home credit?
Existing Home Credit customers with good records can be eligible to apply for a Cash Loan.
Can I apply another loan in Home Credit?
Yes, if you have an existing loan please be reminded that you have to complete at least 4 months from the date you signed the contract. If loan is completely paid off, please wait for 48 hrs after the payment for your last due date was made before applying for a new loan.