HOME CREDIT INDIA
Home Credit India is transforming the lives of its customers through new technologies and products that promote financial inclusion
t has been an interesting two years for the team at Home Credit India ( HCIN ). The entity , which operates as a central bank licensed Non-Banking Finance Company ( NBFC ) while also providing insurance services and other value-added services through partnerships , has been operational in India for the past ten years .
The parent company was founded in 1997 in the Czech Republic and has since branched out into a number of other key markets . HCIN ’ s core aim is to empower people to live the life they want now , by focusing on financial inclusion and responsible lending . Home Credit Group is known for providing regulated , trusted financial products and services to the ‘ unbanked or underserved parts of the population ’ through seamless loan applications , fast credit scoring and responsible lending .
Home Credit India has an employee base of around 5,000 people and has been consistently expanding operations since its entry in 2012 , with its services spread across 625 cities across India . The company has a strong network of over 50,000 point-of-sale ( PoS ) locations and is growing with a customer base of over 14 million customers .
“ THERE ARE 1.3 BILLION PEOPLE IN INDIA BUT THERE ARE ONLY TENS OF MILLIONS OF CREDIT CARDS ”
MILAN DOLANSKY CHIEF DIGITAL OFFICER , HOME CREDIT INDIA
Embracing digital transformation , HCIN is fast expanding its digital presence and offerings since 2020 , to build an omni-channel connection with our products and services .
Transforming the Asian financial marketplace While India is generally considered a welldeveloped nation with a fast-growing fintech industry and a wealth of technology talent , it is also home to an extensive unbanked population . A recent report by the Reserve Bank of India revealed that , with 190 million adults currently operating outside the global financial system , India has the second largest unbanked population in the world . It is this dynamic that makes the region an excellent launchpad for HCIN ’ s products and services .
Milan Dolansky , Chief Digital Officer or CDO for Home Credit India , has been leading the institution ’ s digital transformation for the past five years . Formerly the change manager for digital products and services at CSOB , a Czech bank in Prague , he has over a decade of experience in the banking industry , enhancing services and driving technological innovations .
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