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Last updated on: July 22, 2025
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In today’s dynamic world, women are making their mark in various fields, be it entrepreneurship, education, or any other endeavors. However, achieving financial independence can sometimes require a little extra financial support and that’s proven to be a challenge. To tackle such challenges is the Personal Loan for women, exclusively curated to benefit them by some banks and NBFCs. These loans not only provide the necessary financial assistance but also come with added benefits to support and empower women on their journey to success. At Fincover, you can find a range of Personal loans for women offers from multiple banks and NBFCs.
| Bank | Interest Rate | Loan Amount | Processing Fee | Processing Time | Apply |
|---|---|---|---|---|---|
| DBS Bank | 10.99% – 30.00% | ₹25,000 to ₹15 Lakhs | 1%–3% + GST | 24–48 hrs | Apply |
| HDFC Bank | 10.90% – 24.00% | ₹50,000 to ₹40 Lakhs | Up to ₹6,500 + GST (~1–3%) | 24–48 hrs | Apply |
| Axis Bank | From ~11.25% | ₹50,000 to ₹15 Lakhs | 1.5%–2% + GST | 24–72 hrs | Apply |
| ICICI Bank | 10.80% – 16.65% | Up to ₹50 Lakhs | 0.5%–2% + GST | 24–48 hrs | Apply |
| Bank of Baroda | 10.49% – 18.75% | ₹30,000 to ₹20 Lakhs | Up to 2% + GST | 48–72 hrs | Apply |
| SBI | 10.30% – 15.30% | ₹10,000 to ₹35 Lakhs | Up to 1.5% + GST | 2–3 working days | Apply |
| IndusInd Bank | From 10.49% | ₹30,000 to ₹50 Lakhs | Up to 3.5% (2% online) + GST | 24–48 hrs | Apply |
| Yes Bank | 10.99% – 21% | ₹100,000 to ₹40 Lakhs | Up to 2.5% + GST | 24–48 hrs | Apply |
| Standard Chartered | 11.49% – 17% | ₹1 Lakh to ₹50 Lakhs | Up to 2.25% + GST | 48–72 hrs | Apply |
| IDFC FIRST Bank | 9.99% – ~10.75% | ₹1 Lakh to ₹50 Lakhs | Up to 3.5% + GST | 24–48 hrs | Apply |
| Kotak Mahindra Bank | From 10.99% | ₹50,000 to ₹40 Lakhs | 1%–2.5% + GST | 24–48 hrs | Apply |
| Punjab National Bank | 11.50% – 17.05% | Up to ₹20 Lakhs | Up to 1% + GST | 2–3 days | Apply |
| Bandhan Bank | 10.50% – 12.55% | ₹50,000 to ₹25 Lakhs | Up to 3% + GST | 48–72 hrs | Apply |
| NBFC | Interest Rate | Loan Amount | Processing Fee | Processing Time | Apply |
|---|---|---|---|---|---|
| Piramal Finance | From 12.99% | Up to ₹35 Lakhs | 2%–3% + GST | 24–72 hrs | Apply |
| Shriram Finance | From 14% | Up to ₹35 Lakhs | Up to 3% + GST | 2–3 days | Apply |
| Tata Capital | From 10.99% | Up to ₹35 Lakhs | Up to 2.5% + GST | 24–48 hrs | Apply |
| InCred | From 18% | Up to ₹10 Lakhs | 2%–4% + GST | Instant to 24 hrs | Apply |
| Finnable | From 16% | Up to ₹10 Lakhs | Up to 3% + GST | 24–48 hrs | Apply |
| Poonawalla Fincorp | From 9.99% | Up to ₹30 Lakhs | 1%–2% + GST | 24–72 hrs | Apply |
| Fullerton India | From 11.99% | Up to ₹25 Lakhs | Up to 3% + GST | 1–2 working days | Apply |
| Axis Finance | From 13% | Up to ₹25 Lakhs | Up to 2.5% + GST | 1–2 days | Apply |
| Mahindra Finance | From 10.99% | Up to ₹10 Lakhs | Up to 3% + GST | 2–3 days | Apply |
| Aditya Birla Finance | From 11.99% | Up to ₹50 Lakhs | Up to 2.5% + GST | 48–72 hrs | Apply |
| Bajaj Finance | From 11% | Up to ₹50 Lakhs | Up to 4% + GST | 24–72 hrs | Apply |
| Criteria | Details |
|---|---|
| Age | 21 to 60 years |
| Income | Minimum ₹15,000 per month |
| Employment | Salaried or self-employed with stable income |
| Credit Score | 700 or above preferred |
| Work Experience | Salaried: Minimum 1 year Self-employed: Minimum 2 years |
| Citizenship | Indian resident |
| Document Type | Details |
|---|---|
| Identity Proof | Aadhaar card, PAN card, Voter ID, Passport |
| Address Proof | Utility bills, Aadhaar, Passport |
| Income Proof | Latest salary slips (salaried), ITR (self-employed) |
| Bank Statements | Last 6 months’ bank statement |
| Photograph | 2 recent passport-sized photos |
| Fee Type | Details |
|---|---|
| Interest Rate | Starts at 10.49% p.a. |
| Processing Fee | 1% to 2.5% of the loan amount |
| Prepayment Charges | 2% to 5% of the outstanding loan amount |
| Late Payment Penalty | 2% of the overdue EMI |
| Foreclosure Charges | Up to 5% of the loan amount after 12 months |
| EMI Bounce Charges | ₹500 per bounce |
| Loan Cancellation Fee | ₹3,000 + applicable taxes |
1. Can I apply for a personal loan if my credit score is below 700?
Yes, you can still apply for a personal loan, but the interest rate may be higher if your credit score is below 700.
2. What is the Instant loan amount I can apply for?
You can apply for a loan up to ₹25 Lakhs, depending on your income, credit score, and other eligibility factors.
3. Are there any special offers for women entrepreneurs?
Some lenders may offer exclusive loan packages for women entrepreneurs with relaxed eligibility criteria and special interest rates.
4. How soon can I receive the loan amount after approval?
Once approved, the loan amount is typically disbursed within 24-48 hours.
5. Can I foreclose my loan before the tenure ends?
Yes, you can foreclose the loan, but foreclosure charges may apply, usually after 12 months of the loan tenure.
Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.
Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.
The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.
This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.
Based on Google's Helpful Content System, this article emphasizes user value, transparency, and accuracy. It incorporates principles of E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness).
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