MobiKwik has launched Home Credit Money in association with Home Credit India, a local company of the International Consumer Finance Provider Home Credit Group.
If you need a small loan, don’t worry. MobiKwik, the country’s largest digital credit platform, is offering interest free loans up to Rs 10,000. For this, MobiKwik has launched Home Credit Money in association with Home Credit India, a local company of the International Consumer Finance Provider Home Credit Group. MobiKwik claims that the customer will get instant interest free loan through his app.
Under Home Credit Money, Mobikwik is offering interest free loan up to 10 thousand rupees to Indian customers. Home Credit Group is spread across 9 countries in Europe and Asia. Home credit money users can take an interest-free loan from Rs 1,500 to 10,000. MobiKwik Wallet users can transact with leading e-commerce platform, 3 million physical retailers and 300+ billers. You also make QR Payments, Bill Payments or Money Transfer with Home Credit Money through MobiKwik Wallet.
Loan will be available without documents
MobiKwik claims that no collateral is required to take a loan. No paper documents will be required for the loan. With this, you can also avail personal loans up to Rs 2.40 lakh. However, interest will have to be paid on this. To take a loan of Rs 2.40 lakh, you must have a PAN card and Aadhaar card. In addition, it is also necessary to have a KYC of MobiKwik account. Without this, you will not be able to apply for a loan.
Mobikwik will be charged for adding money to credit card
The company has changed the rules to add money from credit card to Mobikwik wallet. If a user adds more than 10 thousand rupees money to a credit card in a Mobikwik wallet, then he will have to pay an extra charge of 2 percent. However, no extra charge will be levied for debit card or netbanking in Mobikwik wallet or adding money from UPI to Mobikwik wallet.
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