Features and Benefits of Personal Loans for Women from Moneyview
Flexible Loan Amount
Ability to borrow any amount starting from Rs. 10,000 and going up to Rs. 5,00,000
Instant Disbursal
Imagine checking for your eligibility within just 2 minutes! This is possible if you are applying for a personal loan from Moneyview.
Collateral Free Loans
To apply for a personal loan through Moneyview, you don’t have to pledge any asset or arrange for a guarantor
Affordable Interest Rates
We understand how important interest rates are as they determine the EMI amount to be paid. At Moneyview, the interest rate starts at just 16% per annum
The need for extra cash can come up at any time in life for anyone, be it a working woman or a non-working woman. Short term loans that can be availed without any collateral such as personal loans are the easiest to avail. Moreover, it involves lesser documentation and quick disbursal.
Why Women Needs Personal Loan
In the current day, women have become more independent and are taking their own decisions about their finances. But, there might always be a need for some extra money for many reasons.
Some of the reasons for which women may need personal loans could be for:
- Education
- Travel expenses
- Buying a gadget
- To fund the needs of the business
- As a seed fund for starting-up a venture
- Meeting the medical expenses of parents or elders at home
- Paying the initial deposit for rented accommodation
- Buying or hiring furniture
- Purchase of a two-wheeler/four-wheeler
- Purchase of ornaments
- Wedding expenses of self or siblings
- Downpayment for buying a bigger asset like a home
Online Instant Personal Loan for Women
When there is a need for a loan, women may not like to spend time visiting a bank and submitting documents in the middle of a busy work schedule. Therefore, Moneyview offers instant online personal loans for women.
These loans are extremely convenient and can be availed from the comfort of your home or office. All you need is a device connected to the internet, it could be a mobile or a laptop/desktop.
Personal Loan for Women in India - Related FAQs
Yes. Women can get personal loans easily in India. All banks and lending institutions offer loans to women as long as they fulfill the eligibility criteria set by the lender.
Housewives can get two types of personal loans in India – Secured and unsecured.
In a secured loan, a housewife can offer gold or any other asset as collateral to the lender to procure a loan.
In an unsecured loan, a co-applicant with a steady income can act as a guarantor for the housewife to secure a loan she desires.
Several prominent Indian banks offer personal loans to housewives. Moreover, there are various government schemes specifically designed to suit the loan requirements of housewives looking to venture into business or for their personal needs.
A housewife can get a personal loan without a salary by pledging assets as collateral or by getting an earning individual to sign as a co-applicant.
Few banks offer government employees loans at lower interest rates. Hence, women in the government sector can avail personal loans at lower interest rates.