Type of Loans Available for women in India
Loans for the women are the loans available to the women at a lower rate of interest available in women loans with ease of payment. The modes of repayment of loans are flexible as compared to the other loans. Women can get a home loan, personal loan or a gold loan at a lower rate of interest. Home loan for women:. They can get 90% of the value of the property as a home loan at lower interest rates than the original rates. Presently, the home loan rate for women starts at 7.15% rate of interest. Personal loan for women: To avail a personal loan for women, they should have a good credit score and a steady income. They can avail a personal loan to start an enterprise, or in case they fall short of the budget for getting married. The personal loan rates start at 10.50%. Gold loan for women: She can avail a gold loan for a period of 4 years by submitting the KYC documents. The gold loan rates for women starts at 10.50% and can be availed by any housewife as it does not require any income ...