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Personal Loan for Women

Learn how a personal loan for women can provide financial support for various needs with quick approval and flexible repayment.

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Partners 20+
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Maximum Loan Tenure 8 Years
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Maximum Loan Amount ₹50 Lakhs

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.

Why You Need to Take a Personal Loan for Women

Here are the key reasons why a personal loan for women can be a powerful financial tool:

Emergency Support

A personal loan provides quick funds during medical or family emergencies. You can cover urgent expenses without disturbing your savings.

Self-empowerment and Independence

Borrowing in your own name builds confidence and financial independence. It enables you to achieve goals without relying on others.

Debt Consolidation

You can merge multiple loans or credit card dues into one manageable EMI. This reduces repayment stress and helps you stay financially organised.

Education and Skill Development

A personal loan can finance higher education or skill-building courses. It ensures you invest in your career growth and long-term opportunities.

Personal Growth and Improvement

You can use the loan for lifestyle upgrades, wellness, or self-care needs. This supports your overall growth without adding financial strain.

Entrepreneurship and Business Start-ups

Personal loans can help you start or expand a small business. This creates income opportunities and strengthens financial stability.

Wedding and Family Responsibilities

A loan can cover large expenses like weddings, children’s education, or home needs. It allows you to manage family priorities with ease.

Home Renovation and Asset Building

You can improve your home or purchase durable assets with a personal loan. This enhances your family’s living standards and future security.

Travel and Life Experiences

A personal loan can fund solo travel or memorable family holidays. It gives you the freedom to enjoy meaningful experiences without waiting.

Planned Medical and Health Investments

Beyond emergencies, loans can cover surgeries, maternity costs, or advanced treatments. This ensures timely healthcare and peace of mind.

Check and Compare Interest Rates on Personal Loans for Women by Various Banks and NBFCs

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.

Features and Benefits of Personal Loans for Women

Competitive Interest Rates

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.

Flexible Loan Usage

You can use the loan for a wide range of purposes such as medical emergencies, education, wedding expenses, or even consolidating existing debt.

No Collateral Required

Enjoy the advantage of borrowing without the need to pledge any assets, making it a hassle-free option.

Quick and Easy Application

The simple online application process ensures that your loan request is reviewed and verified in just a few minutes.

Fast Loan Disbursal

Once approved, you can receive your loan amount almost instantly, helping you meet your urgent financial needs.

Minimal Paperwork

With Bajaj Markets, you can apply with minimal documentation, making the process more convenient and quicker.

Transparent Terms and Zero Hidden Charges

There are no hidden fees or surprise charges, ensuring complete transparency throughout the loan process.

Multiple Loan Variants

You can choose from two flexible loan options, a term loan with fixed EMIs or a flexi loan that offers more flexibility in repayments.

Easy Comparison of Offers

Instantly compare personal loan offers from over 20 lenders on Bajaj Markets to choose the one that best fits your needs.

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What Is the Loan Amount You Need

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Personal Loans for Women Eligibility Criteria

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

  • Your CIBIL score should be 685 or above

Documents Required for a Personal Loan for Women

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.

How to Apply for Personal Loans for Women

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:

  1. Start your application by clicking the ‘Apply Now’ button

  2. Select your profession from the dropdown menu to customise your application

  3. Enter your residential postcode and mobile number for verification

  4. Agree to the terms and conditions and click ‘Proceed’ to continue

  5. Provide your personal details, including your name, PAN card number, email address, date of birth, and gender

  6. Fill in your employment details, such as your employer’s name, job category, monthly net salary, and salary credit method (bank or cash)

  7. Review all the information you’ve entered and click ‘Submit’

  8. Based on your eligibility, you will be presented with several loan options

  9. Choose the loan option that best suits your needs and select your preferred loan tenure

  10. Complete the KYC, e-mandate, and disbursal steps by following the instructions on the loan provider’s website

Disclaimer

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.

Frequently Asked Questions

How can a housewife get a loan?

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.

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