Home Credit Launches Ujjwal Card for Enabling Instant Loans

Customers can avail unique offerings like Fin-Shield- life and accident insurance cover along with payment holiday.

Home Credit India has launched Ujjwal Card that will help customers avail quick and easy loans. The card provides with instant limit for loans that customers can utilize immediately. The card also comes with a plethora of benefits exclusive to the cardholders.

Benefits of the card for the customers include instant limit to buy smartphones & home appliances and can be used to buy mobile phones & home appliances across brands that are in partnership with Home Credit.

Customers will have to go through KYC procedure at the enrolment of Ujjwal card and will be required to update only when details change. Other benefits include flexibility of choosing convenient payment options and purchasing multiple products within the assigned limit, various down payment options to choose from, to reduce loan amount, easy and paper less application process through Home Credit mobile application, and more.

Customers can buy another service with the card, Fin-Shield, a package of 3 services- life insurance of Rs.1,00,000, personal accident coverage up to Rs. 50,000 and payment holiday in case they miss to pay an EMI in a particular month. The payment holiday can be availed twice in the tenure of the card.

Speaking about the newly launched Ujjwal card, Mr. Marko Carevic, Chief Marketing and Customer Experience Officer, Home Credit India said, “Our vision is to offer holistic proposition to our customers, where they’d be able to leverage the expanse of both offline and online services through Ujjwal card. Along with offering services like Fin-Shield, and tracking one’s loans & monthly outstanding, Ujjwal card will be readily available for customers who would like to avail benefits of obtaining immediate loans. With instant limit, customers can make their purchases without waiting for approval of the loan amount and fulfil the dreams and aspirations of their loved ones.”

“Keeping the consumer sentiment as our core focus, we constantly seek to upgrade our technology and services to give best customer experience with the brand.”, he added.