Home Credit completes five successful years in India and targets five million customers by 2018 - A CRIF Report

Home Credit, one of India’s fastest growing NBFCs completes a successful five years in India, emerging as a leading player in consumer durable loans with ticket size up to Rs. 10,000 with 87.2 percent market share PAN India for July- Sept 2016, according to CRIF.

Home Credit has served over two million customers in the country and plans to offer online loans April 2017 onwards to maximize customer reach and targets to expand customer base to five million by the end of 2018.

For the global financial lender, currently present in 11 countries across the globe, these last five years in India have been remarkable and have witnessed a steady growth through aggressive expansion.

Currently in the next big phase of consolidating its leadership position in the

Indian market, Home Credit India will move to being completely digital shifting on line from offline.

The company grew from a low key presence in five cities in 2012-13, to a now established name in the NBFC market with an impressive and strong footprint across over 60 cities in 15 Indian states in 2017 in just five years.

Full Article : India.com