Learn how a personal loan for women can provide financial support for various needs with quick approval and flexible repayment.
An instant loan for women offers quick access to funds for various needs, from education to emergencies. With no collateral required and flexible repayment terms, this loan makes it easier to manage expenses, providing financial support when you need it most.
Here are the key reasons why a personal loan for women can be a powerful financial tool:
A personal loan provides quick funds during medical or family emergencies. You can cover urgent expenses without disturbing your savings.
Borrowing in your own name builds confidence and financial independence. It enables you to achieve goals without relying on others.
You can merge multiple loans or credit card dues into one manageable EMI. This reduces repayment stress and helps you stay financially organised.
A personal loan can finance higher education or skill-building courses. It ensures you invest in your career growth and long-term opportunities.
You can use the loan for lifestyle upgrades, wellness, or self-care needs. This supports your overall growth without adding financial strain.
Personal loans can help you start or expand a small business. This creates income opportunities and strengthens financial stability.
A loan can cover large expenses like weddings, children’s education, or home needs. It allows you to manage family priorities with ease.
You can improve your home or purchase durable assets with a personal loan. This enhances your family’s living standards and future security.
A personal loan can fund solo travel or memorable family holidays. It gives you the freedom to enjoy meaningful experiences without waiting.
Beyond emergencies, loans can cover surgeries, maternity costs, or advanced treatments. This ensures timely healthcare and peace of mind.
Here’s a detailed comparison of personal loan offerings from various lenders, including the maximum loan amount, interest rate, tenure, and processing fee:
| Available Offerings | Max. Loan Amount | Starting Interest Rate (p.a.) | Max. Tenure | Processing Fee |
|---|---|---|---|---|
Aditya Birla Capital Personal Loan |
₹7 Lakhs |
13.50% |
60 months |
Up to 4% of the loan amount + GST |
Bajaj Finance Personal Loan |
₹55 Lakhs |
10.00% |
96 months |
Upto 3.93% of the loan amount (Inclusive of applicable taxes) |
CASHe (Bhanix Finance) Personal Loan |
₹3 Lakhs |
2.79% p.m. |
18 months |
Up to 5.5% of the loan amount + GST |
Federal Bank Personal Loan |
₹5 Lakhs |
12.75% |
48 months |
2% to 3% of the loan amount + 18% GST |
Fibe Personal Loan |
₹5 Lakhs |
14.00% |
36 months |
Up to 2% of the loan amount |
Finnable Personal Loan |
₹10 Lakhs |
15.95% |
60 months |
Up to 3% of the loan amount |
IIFL Finance Personal Loan |
₹5 Lakhs |
18.00% |
42 months |
2% to 6% of the loan amount + GST |
InCred Personal Loan |
₹10 Lakhs |
16.00% |
60 months |
2% to 5% of the sanctioned amount |
Kissht Personal Loan |
₹4 Lakhs |
14.00% |
24 month |
3% to 5% of the loan amount |
Kotak Mahindra Bank Personal Loan |
₹40 Lakhs |
10.99% |
72 months |
1.10% - 1.50% of the loan amount + GST |
KreditBee Personal Loan |
₹10 Lakhs |
12.00% |
60 months |
Up to 5.1% + GST |
L&T Finance Personal Loan |
₹15 Lakhs |
12.00% |
48 months |
Up to 3% of the loan amount + GST |
Freo (formerly MoneyTap) Personal Loan |
₹5 Lakhs |
12.00% |
36 months |
1% onwards |
Moneyview Personal Loan |
₹10 Lakhs |
1.33% p.m. |
60 months |
Starts from 2% of the approved loan amount |
mPokket Personal Loan |
₹45,000 |
24.00% |
90 Days |
₹50 to ₹200 + 18% GST (maximum APR of 48%) |
Muthoot Finance Personal Loan |
₹10 Lakhs |
14.50% |
60 months |
2% to 4% of the loan amount |
Olyv Personal Loan |
₹1 Lakh |
18.00% |
12 months |
2% to 12% of the loan amount |
PaySense Personal Loan |
₹5 Lakhs |
14.00% |
60 months |
2% to 2.5% of the loan amount + GST or ₹500 + GST (whichever is higher) |
Piramal Finance Personal Loan |
₹6 Lakhs |
17.25% |
60 months |
1.50% to 4.50% of the loan amount |
Privo (Credit Saison) Personal Loan |
₹5 Lakhs |
9.99% |
60 months |
1% to 3% of the loan amount + GST |
SMFG India Credit Personal Loan |
₹25 Lakhs |
12.00% |
60 months |
0% to 6% of the loan amount |
Upwards Personal Loan |
₹5 Lakhs |
18.00% |
36 months |
Up to 4% of the loan amount |
YES BANK Personal Loan |
₹50 Lakhs |
12.50% |
72 months |
1.15% to 2.75% of the loan amount |
Zype Personal Loan |
₹5 Lakhs |
18.00% |
12 months |
2% to 6% of the loan amount |
Disclaimer: Reference to all terms and conditions refers to the terms set by the respective lenders, including loan amounts, interest rates, processing fees, and other related conditions. Based on the information provided during your loan application, you may receive multiple offers from our partner lenders.
Personal loans for women on Bajaj Markets come with attractive interest rates starting as low as 9.99% p.a., helping you save money on repayments.
You can use the loan for a wide range of purposes such as medical emergencies, education, wedding expenses, or even consolidating existing debt.
Enjoy the advantage of borrowing without the need to pledge any assets, making it a hassle-free option.
The simple online application process ensures that your loan request is reviewed and verified in just a few minutes.
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Here are the personal loan eligibility for women criteria for applying on Bajaj Markets, ensuring a hassle-free application process:
You must be an Indian citizen
You can be either a salaried or self-employed individual
You should be at least 18 years old
A stable and consistent source of income is required
A minimum of 6 months of work experience is necessary
Here is a list of the essential documents required when applying for a personal loan for women on Bajaj Markets, ensuring a smooth and efficient application process:
| Identity Proof | Address Proof | Income Proof |
|---|---|---|
PAN Card |
Aadhaar Card |
Bank Statement or Salary Slips for the last 3 months |
Aadhaar Card |
Passport |
- |
Voter ID |
Utility Bill (Electricity, Telephone) |
- |
Passport |
Driving Licence |
- |
Driving Licence |
- |
- |
These documents are typically required across most lenders but may vary slightly. Always confirm with your chosen lender to ensure you have the full list before applying.
Here’s a simple, step-by-step guide on how to apply for a personal loan for women on Bajaj Markets to make the process quick and hassle-free:
Start your application by clicking the ‘Apply Now’ button
Select your profession from the dropdown menu to customise your application
Enter your residential postcode and mobile number for verification
Agree to the terms and conditions and click ‘Proceed’ to continue
Provide your personal details, including your name, PAN card number, email address, date of birth, and gender
Fill in your employment details, such as your employer’s name, job category, monthly net salary, and salary credit method (bank or cash)
Review all the information you’ve entered and click ‘Submit’
Based on your eligibility, you will be presented with several loan options
Choose the loan option that best suits your needs and select your preferred loan tenure
Complete the KYC, e-mandate, and disbursal steps by following the instructions on the loan provider’s website
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
A housewife can get a personal loan if she has a stable source of income, such as through a family member’s support, self-employment, or an alternate income source. Some lenders may also consider her credit score and existing financial obligations.
An unemployed woman can secure a personal loan by having a co-applicant or guarantor with a stable income. Lenders typically require a reliable source of repayment, which may come from a family member’s income or other assets.
To improve your CIBIL score, pay bills and EMIs on time, reduce outstanding debts, maintain a low credit utilisation ratio, and avoid frequent credit applications. A higher CIBIL score improves eligibility for personal loans, making approval easier.
Interest rates for personal loans for women can be competitive, but they generally aren't lower than those for men. Rates depend on factors like credit score, income, and loan tenure. However, some lenders may offer special benefits or rates for women borrowers.
The minimum and maximum loan amount for housewives depend on factors like income, credit score, and lender policies. Typically, housewives may be eligible for loan amounts ranging from ₹1 Lakh to ₹10 Lakhs, especially with a co-applicant.
Personal loans for women can be used for various purposes, such as funding education, covering medical expenses, financing a wedding, home renovation, debt consolidation, or even starting a small business. They offer financial flexibility for life's needs.
Some lenders may offer special discounts or benefits on processing fees or interest rates for women borrowers. However, this is not universal, and benefits depend on the lender’s policies. It’s important to compare offers from different financial institutions.
A guarantor is not always required when applying for a personal loan for women, especially if the borrower has a strong credit history and steady income. However, lenders may ask for a guarantor or co-applicant in some cases, particularly for larger loan amounts.
Women may not receive additional benefits specifically for a balance transfer, but some lenders offer lower interest rates and reduced processing fees. It’s important to compare offers to find the best deal for a personal loan balance transfer.