Frequently Asked Questions

  • What is Home Credit?

    Home Credit is India’s first app-based personal credit line, offered in partnership with banks. With the tap of a button, this app lets you borrow as little as Rs. 5000 or as much as Rs. 5 lakhs depending on your credit limit that is set by our banking partners. More importantly, you pay interest only on what you use.

  • Can I take the money in cash and spend it on whatever I want? How?

    Yes. You can transfer money from your app to your bank account and can use your regular ATM card to withdraw funds and use them as you wish or NEFT/IMPS to someone depending on your needs. The funds are yours.

  • Can I use Home Credit for any other purpose?

    Oh Yes ! Home Credit can be used to meet the money/financial requirements for any kind of personal use. Our customers typically use Money Bull for the following reasons:
    Birth & Death
    Two-wheeler deposits
    Home renovation
    House rent deposits
    Children’s school fees
    Medical emergencies

  • How do I apply for Home Credit? Is it simple?

    Yes, it’s as simple as 1, 2, 3!

    .1)Tell us a little bit about yourself. In a few minutes, we will tell you if you qualify for Home Credit and your eligible credit limit.

    .2) KYC: Once you qualify, one of our agents, on behalf of our partner bank, will collect your documents online as a part of the KYC process.

    .3) Manage your money: Within a few days, you will receive your Card that will act not only as a credit card but do much more. You can start withdrawing funds . You can choose your preferred EMI option and interest will be charged only on what you use. You could also use the card only for purchases