MUMBAI: Home Credit India, a consumer finance provider, has launched a mobile app, which provides customers with a one-stop view of loan details, repayment schedule and information on amount due and payment date of loans.

With an intuitive design and user-friendly interface based on latest mobile payments technology, the app makes loan repayment convenient and faster for customers. Through the app, customers also have the flexibility to either repay loan completely or in small instalments.

Home Credit India CMO Tomas Hrdlicka said, “The convergence and adoption of smartphones, mobile internet and digital payments offers a huge opportunity to expand access to financial services for unbanked population. The mobile app is a major step in our journey of introducing seamless and innovative digital solutions to customers especially that are new to credit. As a responsible lending institution, we are committed to promoting financial inclusion by leveraging technology and contributing to the growth of digital payments architecture in India.”

The app is available on Google Playstore and is compatible with all Android phones. With over 44,000 downloads already and nearly Rs 17 million worth of point-of-sale and cash loans repaid till date, the app is gaining traction among existing Home Credit India customers.