1 week Ago By Moneycontrol
Personal loans have become an essential financial tool for people looking to manage their expenses. While most personal loans cater to a broad audience, some lenders in India offer exclusive personal loans for women. These loans provide financial flexibility to women, helping them meet various personal and professional needs.
A personal loan for women allows borrowers to use the funds for multiple purposes, such as home renovation, medical emergencies, travel, weddings or education. Women applicants can apply for these loans online or by visiting a bank or NBFC branch. Most lenders require a stable income source and a good credit score for loan approval.
In some cases, collateral may be necessary to secure the loan. Eligible women borrowers can receive approval within one to two business days. The lender then provides details such as the loan tenure, interest rate, repayment schedule and monthly EMI amount.
Get a 100% digital, hassle-free personal loan instantly with Moneycontrol. Skip the paperwork and enjoy low processing fees, with funds transferred directly to your bank account within minutes. Just enter your details, complete KYC verification and choose your EMI plan.
In partnership with eight lenders, Moneycontrol provides access to instant loans of up to ₹50 lakhs for both salaried and self-employed individuals. The fully digital process ensures transparency, with interest rates starting at 10.5% per annum and no hidden charges.
Eligibility criteria for personal loan for women To qualify for a personal loan for women in India, applicants must meet the following criteria: Documents required for personal loan application To apply for a personal loan, women borrowers need to submit the following documents: Get Instant Loan Up To Rs.50L Personal loan options for women in India Here are 5 banks offering personal loans to women, along with their interest rates*: You can explore personal loans at low interest rates starting at just 10.5% per annum on Moneycontrol.
Get offers up to Rs. 50 lakhs from top lenders. *Interest rates change from time to time.
Please refer bank websites for the latest and most accurate information. When is a personal loan a good idea? Personal loans can be beneficial for women in the following situations: Women should avoid taking personal loans if they lack a steady income, already have significant debt or if they are struggling with financial management. Things to keep in mind before taking a personal loan Women in India can access personal loans to meet various financial needs.
Moneycontrol makes it easy and paperless with its digital personal loan service. In collaboration with eight top lenders, Moneycontrol provides access to loans of up to Rs 50 lakhs , with interest rates starting at 10.5% per annum.
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