India being a land of festivals and mythological legends, sees various festivals in different parts of the country. As we all come together to start the year with the Lohri, Pongal and Makar Sankranti festivals in hopes of rebuilding a healthier world, Home Credit India, a local branch of the international consumer credit provider with operations in Europe and Asia and committed to boosting financial inclusion in India, is preparing to celebrate with great zeal and fervor with its bouquet of innovative products and offerings for its customers.
The pandemic has brought about a sudden realization of the importance of a healthy mind and body. Home Credit’s new offerings as part of its health insurance portfolio, such as: Bajaj Allianz General Insurance Family Health Insurance and Pocket Premium, fueled by a Credit Linked Health Plan and Policy Group Custodial Insurance, aim to provide financial security to clients and their families by allowing them better access to medical care.
Bajaj Allianz General Insurance family health insurance coverages are offered on a floating individual and family basis. Home Credit clients can cover themselves for a sum insured from Rs. 3 Lakh up to Rs. 5 Lakh. The policy includes hospitalization coverage for illnesses (including COVID-19) and accidental injuries as well as hospital cash benefit of Rs. 500 per day with cover for daycare costs for selected procedures / surgeries in a hospital or daycare. The policy also applies to Ayurvedic and homeopathic hospital charges.
Pocket insurance called Credit Linked Health Plan and Group Custody Insurance by Bajaj Allianz General Insurance starts with a premium of around Rs. 300 available in 5 variations – Platinum, Gold, Silver, Bronze and Copper which can be chosen by customers according to their needs and requirements. These pocket-sized insurance options can be claimed for Hospital Allowance, Critical Illness Coverage, Personal Accident Coverage and Accidental Hospitalization. The maximum amount of coverage is up to Rs. 1 lakh depending on the type of pocket insurance used.
What better way to start the year with ease, convenience and a paperless application process for a Home Credit EMI-Ujjwal Card virtual card. It will certainly meet the dreams and aspirations of many, as monthly loans and outstanding amounts can be easily tracked. With the Ujjwal Card, customers can benefit from an instant limit to purchase smartphones and home appliances of all brands in partnership with Home Credit.
The company has served over 11.3 million customers with various flexible loan options. Being a leader in sub Rs. Category 10,000 financing, Home Credit offers a plethora of hassle-free financing options from a strong network of approximately 31,500 points of sale (PoS) in 350 cities . The company is committed to fostering credit penetration and expanding financial inclusion through responsible lending in the country.