Home Credit India offers interest-free loans for Intex smartphone purchases

KOLKATA: Home Credit India Finance Pvt Ltd, a non-banking financial company ( NBFC), has teamed up with third-largest homegrown smartphone maker Intex Technologies, offering zero per cent interest to consumers looking to buy the latter’s products from retailers across the country.

“Our association will benefit customers who want to buy the latest Intex smartphones or consumer durables,” Tomas Hrdlicka, CMO, Home Credit India said in an official statement Thursday.

Intex CFO Rajeev Jain, in turn, said “that with quick and easy loans and extensive reach, our products will become more accessible to customers”.

Gurgaon-based Home Credit India is present in nearly 50 cities across 14 states of India. It services its growing customer base of over 8 lakh in through its network of nearly 4,000 Points-of-Sale (PoS). It is part of Home Credit B.V., an international consumer finance provider with operations in 11 countries across Europe, Asia and US.

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 home appliances, laptop/tablets, electronic goods, mobile phones and motorbikes.

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 and will soon be present in many more.