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PERSONAL LOAN INTEREST RATES STARTING AT 10.99%
PERSONAL LOAN INTEREST RATES STARTING AT 13.50%
WEDDING LOAN FUNDING UP TO RS. 25 LAKHS
LOANS FOR MEDICAL NEEDS ON AN EMERGENCY BASIS
AVAIL TAX BENEFITS ON EDUCATION LOANS FOR HIGHER STUDIES
PERSONAL LOANS FOR ALL YOUR TRAVEL NEEDS
HOME RENOVATIONS LOANS FOR YOUR HOUSING NEEDS
HOME LOANS WITH INSTANT APPROVALS STARTING AT 6.90%
CUSTOMISED SOLUTIONS FOR HOME EXTENSION NEEDS WITH TENURE UP TO 30 YEARS
UNDER THE PRADHAN MANTRI AWAS YOJNA SCHEME, AVAIL INTEREST RATE SUBVENTION STARTING AT 4%
PERSONAL LOAN INTEREST RATES STARTING AT 10.99%
PERSONAL LOAN INTEREST RATES STARTING AT 13.50%
WEDDING LOAN FUNDING UP TO RS. 25 LAKHS
LOANS FOR MEDICAL NEEDS ON AN EMERGENCY BASIS
AVAIL TAX BENEFITS ON EDUCATION LOANS FOR HIGHER STUDIES
PERSONAL LOANS FOR ALL YOUR TRAVEL NEEDS
HOME RENOVATIONS LOANS FOR YOUR HOUSING NEEDS
HOME LOANS WITH INSTANT APPROVALS STARTING AT 6.90%
CUSTOMISED SOLUTIONS FOR HOME EXTENSION NEEDS WITH TENURE UP TO 30 YEARS
UNDER THE PRADHAN MANTRI AWAS YOJNA SCHEME, AVAIL INTEREST RATE SUBVENTION STARTING AT 4%
ONE STOP SHOP FOR BUSINESS FINANCING UP TO RS. 50 CRORES
LOAN AGAINST PROPERTY UP TO RS. 3 CRORES WITH FLEXIBLE LOAN TENURES
LOAN AGAINST PROPERTY UP TO RS. 3 CRORES WITH FLEXIBLE LOAN TENURES
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AVAIL 0% INTEREST RATE AND ON-SPOT APPROVALS WITH YOUR NEXT ELECTRONIC PURCHASE
UNLOCK THE POWER OF YOUR INVESTMENTS WITH LOAN AGAINST SECURITIES UP TO RS. 20 CRORES
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More and more women are stepping into the world of entrepreneurship to experience unparalleled heights of financial freedom. And to enable their journey towards freedom, a business loan for women acts as the ideal aid.
Also known as women entrepreneurs’ loan, a business loan for women is a special type of loan offering specifically designed to meet the business needs of women entrepreneurs. Such loans are generally characterised by lower interest rates, low processing fees, and no collateral guarantee requirements.
Product Offerings
The following are the features of Tata Capital business loans for women -
Loan Amount – Tata Capital offers a wide range of customised loan options ranging from Rs. 5 lakhs to Rs. 75 lakhs to meet both small and big needs of budding women entrepreneurs
Loan Tenure – We offer our women entrepreneurs’ loans for a tenure ranging from 12 months (one year) to 36 months (three years)
Interest Rates – Our business loans for women are charged at competitive interest rates, starting at 19%
Multiple Product Offering – We customise our business loans for women to meet the unique needs of different women entrepreneurs
No Collateral Needed – Our loans for women entrepreneurs can be availed easily as we do not ask for any collateral security
Structured EMI Options – Women entrepreneurs can even structure their EMIs around their specific budget for a convenient repayment
High Eligibility – No matter what others may say, we believe in possibilities and we say yes. We will work closely with you to design a business loan that will fit right into your bill!
Features and Advantages
Business loans for women serve the following benefits –
Helps in Scaling Business – Women entrepreneurs loan are an easy way for ambitious women entrepreneurs to expand their growing business to new heights
Helps Meet Day-to-Day Business Needs – Using business loans for women, women entrepreneurs can increase their company’s working capital needed to cover all short-term operating expenses
No Collateral Obligations – business loans for women are typically unsecured loans that are easy to avail
If you wish to take a business loan for women with Tata Capital, you must meet the following eligibility criteria –
Age – Must be between 25 to 65 years
Business Profitability – Must be consistent for the last three consecutive years
Business Turnover – must show an upward trend
Balance Sheet – must be audited by a registered Chartered Accountant
To know about the eligibility criteria for women entrepreneurs’ loan, visit our business loan eligibility page
The following documents have to be submitted along with your duly filled loan application form to avail business loan for women with Tata Capital –
Photo Identity Proof – copy of Voter ID/Passport/Driving License/Aadhaar Card
A copy of certified bank statements of the last six months
Business Proof documents – Trade License/Sales Tax Certificate/Sole Proprietorship Declaration/ Partnership Deed/Income Tax Returns along with computation for the last two years/Profit and Loss Statement and Balance Sheet for the last two years
Additionally, you will also be required to prepare and submit a report detailing how you plan on using the business loan. To know about the list of documents required for a business loan, visit our business loan documents.
There are essentially three different categories of charges involved under women entrepreneurs’ loan, namely general charges, miscellaneous charges, and foreclosure charges.
General Charges
The table below shows the general charges levied by Tata Capital on our business loans for women –
Type of Fees |
Applicable Charges |
Interest Rate |
Starts at 19% |
Processing Fee |
Upto 2.75% of the loan amount + GST |
Penal/Additional Interest Rate |
3% on Overdue amount per month + GST |
Miscellaneous Charges
The following is a list of miscellaneous charges levied by Tata Capital on our business loans for women -
Type of Fees |
Applicable Charges |
Bounce Charges |
Rs. 2,000 for every cheque/Payment Instrument Dishonour + GST |
Mandate Rejection Service Charge |
Rs. 450 + GST |
CCOD Annual Maintenance Charges |
0.25% on Dropline amount or Rs. 1,000, whichever is higher per year
|
Document Processing Fees |
Rs. 999 + GST |
Outstation Collection Charges |
Rs. 100 + GST per repayment tenure |
Statement of Accounts |
Soft Copy – Nil. Branch Walk-in – Rs. 250 + GST |
Loan Cancellation Charges |
2% of loan amount or Rs. 5,750, whichever is higher + GST |
Instrument Swap Charges |
Rs. 550 + GST |
Duplicate Repayment Schedule |
Soft Copy – Nil Branch Walk-In – Rs. 550 + GST |
Duplicate NOC |
Rs. 550 + GST |
Post-dated Cheque Charges |
Rs. 850 + GST |
Foreclosure Charges
The table below shows the list of foreclosure charges involved in Tata Capital business loans for women -
Type of Fees |
Applicable Charges |
Foreclosure Charges |
4.5% on the future Principal outstanding on existing loan + GST No foreclosure allowed for the first nine months |
Foreclosure Charges for Top-up |
2.25% on the future Principal outstanding on existing loan + GST Foreclosure charges shall be levied only if new rate is lower than the existing rate |
Foreclosure Charges in CCOD Cases |
4.5% on the Dropped Down limit amount + GST No foreclosure is allowed for the first nine months |
Foreclosure Letter Charge |
Soft Copy – Nil Branch Walk-In – Rs. 199 + GST |
Business loans for women involve the following types of foreclosure charges -
With Tata Capital, you can apply for business loans for women using any of the following four methods -
You can apply online via our website and have your loan approved almost instantly
You can call on our customer care number at 1860 267 6060, open from 9am to 8pm Monday to Saturday. You can even request a call back
You can even apply via our 24/7 virtual assistant TIA
You can also physically visit any of our nearby branches and talk to one of our lending experts
When it comes to business loans, women have been a distinct minority. But, not anymore! To spur the growth of entrepreneurial initiative among women and to push them towards financial independence, exclusive business loan schemes are offered to women.
You can apply for a business loan for women in the following ways, depending on the options available to you –
Online – Apply for a business loan for women through your lender’s website
Phone - Call on your lender’s customer-care number and talk to their relationship managers
Email – Mail your request to your lender’s customer support mail address
Virtual Assistant – Avail your lender’s 24x7 virtual assistant feature to place a query
Offline – Have a one-on-one with your lender’s lending experts by visiting a nearby branch
To avail a business loan for women, you must meet the following minimum eligibility criteria –
Your age should be between 25 to 65 years
You should be the owner of a business that has been profitable for three consecutive financial years
Your company’s turnover should show an upward graph
You should have a CIBIL or credit score of 700 or above
Your company’s balance sheet and Profit and Loss accounts must be audited by a registered Chartered Accountant
If you still have doubts read more about eligibility for business loan for women
The following basic documents are required to apply for a business loan for women –
Duly filled business loan application form with two passport-sized photographs
Copy of Photo Identity Proof documents – Passport/Voter ID/Driving License/Aadhaar Card
Copy of certified bank statements for the last six months
Documents of Business Proof – Trade License/Establishment/Sales Tax Certificate, Sole Proprietorship Declaration or certified copy of the Partnership Deed, documents of business ownership, Income Tax Returns (ITR) with computation for the last two years, P/L Profit/Loss account statements and balance sheet for the past two years
Learn more about the documents required for business loan for women
The following fees and charges are involved while applying for business loan for women –
Processing fee to be paid at the time of loan application processing
Foreclosure charges for repayment of your loan before its tenure
Document processing charges
Learn more about our fees and charges for business loan for women
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