Home Credit India, Intex Technologies tie-up for 0 pct interest on consumer durables

India's fast-growing Non-Banking Financial

Companies (NBFC) Home Credit India Finance Pvt. Ltd. has announced its association with Intex Technologies, one of the largest smartphone and consumer durables companies in India.

The association aims to offer zero percent interest for consumers looking to buy Intex products from retailers across the country.

"We are delighted to partner with one of the leading Indian smartphone

players. Our association will benefit the customers who want to buy latest Intex smartphones or consumer durables with the latest technology. We hope to enable customers to purchase their dream products at 0 percent interest through this association," said CMO Home Credit India, Tomas Hrdlicka.

"We are pleased to announce the association with Home Credit India and are confident that with their quick and easy loans and extensive reach, our products will become more accessible to our customers," said Chief Financial Officer Intex Technologies, Rajeev Jain.

Home Credit India is present in nearly 50 cities across 14 states of India. It services its growing customer base of over eight lakh in the country through a strong network of nearly 4,000 points-of-sale (PoS).

The company is a part of Home Credit B.V., an international consumer finance provider with operations in 11 countries across Europe, Asia and North America. 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 amongst others.