- The age of the women applicants at the time of loan application should be 21 years.
- The maximum age at the time of loan maturity is required to be 60 years
- The personal loan women applicants should be employed with select private sector companies and Central/State/Local Government bodies, for at least 2 years, with minimum 1 year with the current employer
- The required minimum net monthly income is Rs 15,000.
- Women applicants having credit score (including CIBIL score) of 750 and above have higher chances of availing personal loan, at lower interest rates. Some lenders may also approve personal loans to women applicants with low credit score, but at much higher interest rates.
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Processing Time3 - 5 Days
Interest Rate9.99% onwards
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Max. Loan Amount₹2 Crore
Processing Time3 - 5 Days
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Max. Loan Amount₹2 Crore
Processing Time3 - 5 Days
Interest Rate9.99% onwards
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Max. Loan Amount₹50 Lakh
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Max. Loan Amount₹50 Lakh
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Interest Rate9.99% onwards
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Interest Rate17% onwards
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Max. Loan Amount₹50 Lakh
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Interest Rate17% onwards
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Personal Loan Articles
View All ArticlesPaisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
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