Mahila Personal Loan Yojana: There are many banks in India that are giving personal loans to women to fulfil their personal needs. If you also need a loan for any of your personal work, today’s news is very important for you.

Today we are going to give you all the information related to personal loan that you can get from the bank. Women can apply for loans at any time for education, marriage, travel, medical expenses, etc. Women’s credit scores are checked before taking out a personal loan. Let’s know which women can apply for a loan and how much a personal loan will be available.

Women will get personal loan sitting at home

Women can apply for a personal loan from any bank or financial institution. Some banks offer special discounts on personal loans to women. The interest rate on personal loans taken by women is lower than for men.

If you apply for a personal loan from HDFC Bank, you will have to pay 10.85 per cent interest per annum. At the same time, even in ICICI Bank, you have to pay 10 points 50% interest on a personal loan. You have to pay 11 points 25 points in Axis Bank, 10 points 99 points in Kotak Mahindra, 10 points in IDFC Bank and 99% interest.

You can take a maximum loan of Rs 20 lakh from any bank. When taking a loan from a bank, you have to pay a three to four percent processing fee.

Which women can apply for a loan?

  • The minimum age of a woman applying for a personal loan is 21 years.
  • Women above 60 years of age cannot apply for a loan.
  • A woman’s minimum monthly income should be 15000.
  • The woman’s credit score should be 750 or higher.

What documents will be required?

Women applying for a personal loan will have to submit certain required documents. These required documents include ID proof, address proof, income proof, latest paycheque slip, employment proof, latest bank account details.

How can I apply?

A woman can apply for a loan by visiting any bank branch or visiting the official website of the bank. To apply, women have to read the application form carefully and scan and upload all the required documents.

Finally, click on the submit button and submit the application form. The information you provide will be checked. If you are eligible for a loan, you will be given a personal loan.