Personal Loan for Women

No Collateral I Up to Rs. 45 Lakhs I Tenure up to 60 months​

4 reasons to choose our Personal loan

LOAN OF UP TO Rs. 45 Lakh

TENURE OF UP TO 96 MONTHS

NO COLLATERAL

MINIMAL DOCUMENTATION

A loan for all your goals

Wedding
Expense

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Home
Expenses

Higher
Education

Medical
Expenses

Eligibility criteria and documents required

Anyone can apply for our personal loan online, as long as you meet five basic criteria mentioned below. If you meet all the eligibility criteria, you will need a set of documents to complete your application process. With our online personal loan, you can get an instant approval for up to Rs. 40 lakh. Meet the easy eligibility parameters and complete your basic documentation to avail the money you need within 24 hours* of approval.

Eligibility criteria

• Nationality: Indian
• Intrest Rate: Interest rate starts from 10.99% (may differ from lenders to lenders).
• CIBIL Score: 700 or higher
• For Salaried: Minimum 12,000/- per month. For self-employed: a minimum yearly profit after tax determined based on profession/industry.
• Age: 21 years to 70 years*
*Higher age limit is applicable at the time of loan maturity.

Documents

• Duly filled and signed application form.
• KYCs- Identity Proof and Address Proof.
• Last 6-12 months bank statement..
• Salary Slips- for employed (last 3-6months) .
(The additional documents requirement may vary from lender to lender).

Frequently asked questions

As is evident from the name, any Indian women of the age 21 years can avail this loan.

 The interest rate on personal loan for women is dependent on multiple factors like income of the borrower, credit score, credit history, amount of loan applied for, and more. Starts from 10.50%.

Income: The higher the income of an applicant the better chances of loan approval with an advantage of availing the loan at lower interest rates.

Occupation: For lenders, source of income is very essential to determine the creditworthiness of an applicant. Depending upon whether the applicant is salaried or self- employed, the financial institutions determine the interest rates.

Age:The minimum age to avail any loan is 21 years for both men and women.

Credit Score: A good and healthy credit score is essential to prove your creditworthiness to the lenders. Most lenders prefer a credit score of 700 and above.

Once your application is submitted along with your documents it can take anywhere between 1-7 days for approval and just a couple of days more for disbursal.