Home Credit Launches Ujjwal Card to Enable Instant Loans

Home Credit India launched the Ujjwal card which will help its customers to access instant loans.

In its official statement, the consumer credit provider said the newly launched card comes with a plethora of benefits exclusive to cardholders.

The card can provide an instant limit to purchase smartphones and home appliances and can be used to purchase branded cell phones and home appliances in partnership with Home Credit.

Using this card, customers can purchase another service with the card, Fin-Shield, a set of 3 services – Rs 1,000,000 life insurance, individual accident coverage up to Rs. 50,000 and a payment holiday in case they fail to pay an IME during a particular month. Payment holiday can be used twice during the life of the card.

Marko Carevic, Director of Marketing and Customer Experience, Home Credit India, said, “Our vision is to offer a holistic proposition to our customers, where they could take advantage of the breadth of offline and online services through the Ujjwal card. In addition to offering services like Fin-Shield and tracking their loans and monthly outstanding amounts, the Ujjwal card will be readily available to customers who want the benefits of getting instant loans. With the instant limit, customers can make their purchases without waiting for the approval of the loan amount and fulfill the dreams and aspirations of their loved ones. Keeping consumer sentiment at the center of our concerns, we are constantly seeking to improve our technology and services to deliver the best customer experience with the brand.


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