Mahila Personal Loan 2024 : સરકાર મહીલાઓને આપી રહી છે ઓછા વ્યાજ દર પર રૂપિયા 10 લાખ સુધીની લોન, આ રીતે કરો અરજી
Mahila Personal Loan 2024 : In today’s world, women are progressing in every field, often on par with men. However, they may face financial challenges during emergencies like travel, marriage or higher education.
In such situations, they may resort to borrowing from sources with high interest rates, leading to financial stress. To meet these needs, the government has introduced the Mahila Personal Loan Scheme.
What is Women Personal Loan?
Women Personal Loans are special loans offered by various banks and loan applications are made especially for women at low interest rates. These loans can be applied for online, making the process straightforward and hassle-free, with no collateral or guarantee required. Women can avail these loans through a simple, paperless application process.
How much can you borrow?
Women can apply for a loan amount depending on their needs, usually ranging from ₹10,000 to ₹5 lakh. However, some government schemes offer loans up to ₹10 lakh.
Interest rates for women personal loans
Interest rates for women personal loans are usually between 10% and 30%, depending on the bank you choose, loan application or government scheme. It is advisable to check the interest rates with the respective bank before applying.
Loan Term Options | Mahila Personal Loan 2024
Women personal loans offer flexible tenure options, usually between 3 and 5 years, allowing women to choose a repayment period that suits their financial situation.
Benefits of Women Personal Loan
Fast approval: Women personal loans are generally approved faster than other loans, often within 24 hours of application, with the loan amount directly deposited into your bank account.
Minimal Documentation: This loan requires minimal paperwork, making it a convenient, paperless option.
Flexible loan amount: Women can avail loans ranging from ₹10,000 to ₹5 lakh depending on their needs. No hidden charges: The application process is transparent, with no hidden fees.
Necessary documents
Aadhaar Card
PAN card
Bank Statement/Passbook
Address proof
Business-related information
How to apply for women personal loan? Mahila Personal Loan 2024
The application process is completely online, allowing women to easily apply by following these steps:
Download the instant loan application on your mobile phone.
Open the loan application and verify your details using your mobile number, pin code and OTP.
Enter personal information, such as Aadhaar and PAN number. Complete the KYC process and specify the required loan amount and repayment term using the loan calculator.
Review the interest rates and EMIs and proceed if acceptable.
Upload the required documents and submit your application.