Know how women get home loan?

Home Loan for Women Home Loan for Womens: If you are a woman and you want to know about the cheapest and best home loan for women, then this article is for you. Any man or woman to build a house, buy a house or renovate a house home loan can take

Now not only men but also women can get home loan. In this article, we will know in detail how domestic working women can apply for home loan and what is the interest rate of this loan, so read this article till the end.

home loan for women 2022

There are many banks and financial institutions that provide Best Home Loan. Home loan comes under the category of a secured loan. Compared to men, women get interest rate exemption in home loan. Lenders consider lending to women to be less risky, due to which home loans for women get approved faster.

Before giving home loan to the applicant by the lender, his CIBIL Score is checked, on the basis of which the loan is given to him.

You can get subsidy on home loan under Pradhan Mantri Awas Yojana, a government scheme of the Government of India. Many banks and financial institutions have run many types of home loan schemes for women.

SBI Bank provides a lot of discount in interest rate to women. You can apply for this loan SBI home loan for women from here.

HIGHLIGHTS:

loan name	Mahila Home Loan 2022
lender	Banks and NBFCs
Rate of interest	Different in different banks and NBFCs
loan amount	Different in different banks and NBFCs
application mode	online / offline

Government Home Loan for Women’s in India

A government scheme is being run by the Government of India, whose name is Pradhan Mantri Awas Yojana. Any woman can get subsidy on home loan under Pradhan Mantri Awas Yojana. This scheme was started on 22 June 2015 by Prime Minister Shri Narendra Modi.

Under this scheme, subsidy of up to Rs 2.67 lakh is provided to the beneficiary on home loan. If you also want to take advantage of Pradhan Mantri Awas Yojana, then you can apply for this scheme by clicking on this link.

Home loan for women bank list

Below is the list of banks that provide home loans to women. You can avail home loan at attractive interest rates by visiting any of these banks:

lender	Interest rate (per annum)	Loan Amount (Rs)
SBI Bank	8.55%	100 crores
Canara Bank	8.60%	Based on the repaying capacity of the customer
IDBI Bank	8.50%	Rs 10 crore
Central Bank of India	8.20%	up to 90% of the property value
LIC HFL	8.00%	minimum 1 lakh
Deutsche Bank	6.65%	up to a maximum of Rs.25 crores
RBL Bank	9.50%	up to 10 crores
Shriram Housing Finance	8.9%	10 crore rupees
Navi Home Loan	7.89%	up to Rs 10 crore
Kotak Mahindra Bank	7.99%	75% to 80% of the value of the property
City Union Bank	10.25%	Maximum Rs.1 crore
yes bank	8.95%	up to Rs 10 crore
Bank of Baroda	8.45%	up to Rs 20 crore
Bajaj Finance	7.70%	more than 5 crores
HDFC	8.40%	up to Rs 10 crore

Home Loan Interest Rate for Women 2022

Before applying for a home loan, it is important to know about its interest rate. As compared to men, women are given a rebate of up to 0.5% interest rate by banks. Therefore, if the woman or wife of the family applies for a home loan, then she can get relief in the interest rate.

Customers with good income and good credit score can take advantage of the bank’s attractive home loan interest rate. Women home loan interest rate depends on several factors such as credit score of the applicant, age, place of residence, repayment capacity, employment status etc.

If you are an existing customer of the bank and you have a good job from which you are getting a steady income, then you can take the Mahila Home Loan at the bank’s attractive interest rates.

Home Loan for Women Benefits and Features

• Earlier only men could apply for home loan but now there are many banks and financial institutions which are providing home loan to women at low interest rate.
• Generally women are provided home loan at 0.5% less interest rate.
• Women get 1 to 2 percent exemption in stamp duty.
• If the interest rate is low, the EMI will also be low, due to which the EMI burden on the beneficiary is reduced.
• home loan In case of women co-applicants, the eligibility of the loan can increase and you can get home loan up to a higher loan amount.
• Women get the benefit of tax benefits on Home Loan for Women.
• If the CIBIL score of the beneficiary woman is good, then the loan is approved quickly.instant loan) helps to have
• If a woman with a good profile wants to take home loan from SBI bank then she can apply for home loan SBI 2022 for women.

Documents Required for Home Loan

The documents may differ depending on the lender but some common documents are as follows:

Documents for Salaried Women:

• filled application form
• Identity Proof – Aadhaar Card, PAN Card, Voter ID Card, Driving License
• Residence Proof – Telephone, Electricity, Water Bill, Aadhaar Card, Voter ID Card
• passport size photo

Documents for Self Employed Women:

• filled application form
• passport size photo
• Bank statement of last 6 months
• Identity Proof – Aadhaar Card, PAN Card, Voter ID Card, Driving License
• Residence Proof – Telephone, Electricity, Water Bill, Aadhaar Card, Voter ID Card
• Statement of personal assets and financial liabilities
• property receipt

How to apply for home loan for women?

If you want to take a home from anyone and you fulfill all the conditions of that home loan, then you can apply for it both online and offline. The procedure to apply is given below:

How to apply online?

• To apply online, you must first go to the official website of the bank.
• On the home page of the website, you will see the option of home loan, click on it.
• All the information related to home loan will come in front of you.
• To apply, you have to click on the option of Apply Now.
• The loan application form will open in front of you.
• Enter the information sought in the form and submit the form.
• After this the bank will contact you and the loan process will be continued further.

How to apply offline?

• First of all, you have to go to your nearest bank branch.
• You will have to contact the bank employee by going to the bank branch.
• The bank employee will provide you all the information related to the home loan.
• Then your documents will be verified.
• You will be given an application form.
• Enter the information sought in the form correctly, attach your documents and submit it to the bank.
• In this way your offline application will be done.

conclusion

In this article we have given you Home Loan for Women in Hindi Complete information about has been provided. If you are a woman and you want to take a home loan from the bank, then you can apply for a home loan by reading this article.

Compared to men, women get a lot of benefits on home loans. For more information, you can get information by calling the customer care number of the bank. For any type of information regarding the loan, you can write to us in the comments.

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