The key features of a personal loan for women are:
You can select any of the following documents for each category as proof of identity and address. (Aadhaar Card, Driving License, Voter’s ID Card, Passport, or Utility Bills like Telephone Bills, Electricity Bills, etc.) and PAN Card.
Latest salary slips from the last 1 month and bank statements from the previous 3 months.
A personal loan for women is a kind of loan especially created for women to help them meet their financial requirements. These are collateral-free loans with tenures of up to 60 months and easy repayment options.
A personal loan for women can be used to cover a wide range of financial needs. This could include funding your higher education or dream wedding, planning a long-awaited holiday, purchasing gadgets, renovating your home, paying medical bills, or other debts.
Most lenders prefer disbursing loans to government employees as they have a higher salary and job stability. Sometimes, lenders also factor in the credit risk of loan applicants while setting interest rates. At this time, women government employees have a higher chance of availing personal loans at competitive interest rates.
To be eligible for a personal loan for women, you must meet the following criteria.
A personal loan for women can be availed for a loan tenure of up to 60 months.