Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required

New Commercial Vehicle Financing

  • First time user
  • Retail and strategic Clients

Used Commercial Vehicle finance

  • Repurchase
  • Refinance
  • Top up
  • Balance Transfer

Tata Capital offers business loan for women entrepreneurs aspiring to achieve new heights in the world of business and startups. With the ongoing surge of women-owned companies in the market, more and more women are joining the business bandwagon with their unique ventures. Be it a home-based catering service or large-scale entrepreneurship, Tata Capital offers financial assistance with a business loan for ladies.

What is a Business Loan for Women?

A business loan is typically meant to provide finances to a person or organization to help them grow their business.

 

Just like that, our women entrepreneurs loan is also exclusively meant for women to fulfill their financial needs for running or establishing their ventures. Our business loan for women comes with benefits like affordable interest rates, lower processing charges, and multiple EMI options.

Product Offerings

  • Loan Amount

    We are offering a loan amount of Rs 0.40 Lac to Rs. 90 lakhs as a startup business loan for women to meet all kinds of business requirements

  • Loan Tenure

    With a repayment tenure range of 12 months to 60 months for a business loan for women, you are free to plan and pursue your business goals

  • Rate of Interest 

    Self-Employed Non-Professional: 15%-25%, Self-Employed Doctors: 12.00%-15.00%, Self-Employed Professional Other than Doctors: 13.00%-17.50%

  • Customized Product Offering

    We understand that every business has its own needs, so we have customized offerings and options for women entrepreneurs loan

  • Zero Securities

    We do not ask you to deposit collaterals or securities for availing a loan for women for business

  • Structured EMIs

    You can structure your EMIs in a way that best fits your budget

  • Easy Eligibility

    We believe in your dreams and aspirations, so we will go the extra mile to get you the ideal business loan for women that suits you best

Features & Advantages

With us, you can avail of the following benefits that we offer, along with a loan for ladies for business: 

Secure Your Business Finances

We understand a woman entrepreneur’s passion to innovate, expand, and grow in unexplored markets, so we don’t let finances stand in the way. When you avail of a business loan for women, you are not only getting money, but you’re getting a women empowerment loan to make important business decisions

Serve Your Everyday Needs

You can also remain worry-free about your day-to-to needs to keep the business afloat

No Collateral Requirement

When availing of a business loan for women from Tata capital, we do not usually ask you to submit any securities. Our loans for women to start business are easy to avail of through a simple process

What are the Eligibility Criteria for a Business Loan for Women?

We have the following eligibility criteria for a loan for ladies for business:

    • Your age should be at least 21 years at the time of applying for the business loan and not more than 65 years at the time of the last EMI

    • Business should be profitable

    • Minimum 2 years business stability

    • Banking balance should be at least Rs. 5000

What are the Applicable Interest Rates for Business Loan for Women?

Business loan for women in India comes with three types of charges, namely general charges, miscellaneous charges, and foreclosure charges. For more details, refer to the tables below:

General Charges


Here is an overview of the general charges appliable:

 

Interest Rate

Self-Employed Non-Professional: 15%-25%, Self-Employed Doctors: 12.00%-15.00%, Self-Employed Professional Other than Doctors: 13.00%-17.50%

Processing Fee

2.50% of the loan amount + GST

Stamp Duty

As Applicable

Penal/Additional Interest Rate

3% on Overdue amount per month + GST

  • Interest Rate - This is the rate at which the interest on your business loan would be calculated. This rate is commonly known as the interest rate of a business loan for women
  • Processing Fee - This is a one-time and non-refundable fee that the applicant needs to pay at the time of processing a business loan for women
  • Penal Interest/Additional Interest - This is the rate of interest that gets charged over and above the existing interest rate as a result of delayed EMI payments of a business loan for ladies. The borrower will have an obligation to pay delayed monthly installments inclusive of this additional interest amount

Miscellaneous Charges

Here is a list of the miscellaneous charges levied by Tata Capital for a business loan for women -

Prepayment / Foreclosure Charges

Foreclosure charges on Term Loan Facility:
**4.5% on the principal outstanding at the time of foreclosure + Applicable Taxes

No foreclosure is allowed in first 9 months.6.5% charges if foreclosed within 9 months

 

Foreclosure charges on Top Up:
2.25% on the principal outstanding at the time of foreclosure + GST

Foreclosure charges shall be levied only if new rate is lower than existing rate.

 

**Foreclosure Charges in Dropline Facility:
4.5% on the Dropped down limit amount + Applicable taxes

No foreclosure is allowed in first 9 months.6.5%charges if foreclosed within 9 months

Processing Charges

As Applicable

Payment Instrument swapping

 

Rs. 550/-

Dishonour Charges

Rs 600 for every Cheque/ Payment Instrument Dishonor

Mandate rejection service charges

Rs. 450/-

(Charges will be levied if new mandate form is not registered within 30 days from the date of rejection of previous mandate form by Borrower’s bank for any reasons whatsoever.)

Annual Maintenance Charges (Dropline facility)

First Year: 0.75% or 1000 whichever is higher per year will be deducted from the limit and shall be payable at the end of the 13th month


Subsequent Years
: 0.50% or 1000 whichever is higher per year will be deducted from the limit and shall be payable at the end of the 13th month

Document processing charges

Rs. 1999/-

Cancellation charges

2% of the Facility amount OR

Rs. 5750/- Whichever is higher

Duplicate Repayment Schedule

Rs. 550/-

Duplicate NOC

Rs. 550/-

Statement of Account (SOA)

Customer portal – Nil

Branch walk in – Rs. 250 /-+ GST

Foreclosure Letter Charge

Customer portal – Nil

Branch walk in - Rs 199/- +GST

Post Dated Cheque Charges Rs

Charges Rs 850+GST

section 138 and section 25 filing

Rs. 3400/-

Arbitration Filing

Rs. 4000/-

Receiver Order

District Court: Rs. 4000/- and High court: Rs. 13,500/-

Notice

Rs. 125/-

Legal Notice

Rs. 300/-

Lawyer fees

(at actuals)

Execution of award

Rs. 5600/-

Note: (GST, other government taxes and levies as applicable, will be levied on all fees and charges.)

 

  • Bounce Charges - If your EMI payment gets bounced, your lender will levy a bounce charge. It usually occurs when you miss an EMI payment due to a lack of sufficient funds in your bank account
  • Mandate Rejection Service Charge - If you reject any of the services provided by your lender, then a mandate rejection service charge gets levied
  • CCOD Annual Maintenance Charges - If you have chosen a flexible funding option for your women empowerment loan, such as Cash Credit or Overdraft, the maintenance service of your Overdraft account will be charged with a fee called CCOD Annual maintenance charges
  • Document Processing Charges - Verification of startup business loan for women involves several stages, such as loan agreement, indexing, etc. The lender levies a charge on the processing of such documents. This charge is known as document processing fees. 
  • Outstation Collection Charges - Outstation cheques that have been issued to a non-local branch will accompany outstation collection charges levied on the collection of such cheques for EMI payments
  • Statement of Accounts - A bank statement is a list of all transactions made through your bank account for any given period. Your lender will charge an SOA fee for the hard copy of bank accounts; however, the soft copies do not incur any charges
  • Loan Cancellation Charges - Cancellation of a loan for women for business after the loan disbursal process will accompany loan cancellation charges
  • Instrument Swap Charges - Exchanging or swapping business loan liabilities or cash flow between two loan instruments incurs instrument swap charges
  • Duplicate Repayment Schedule - Receiving a duplicate of your loan amortization schedule will accompany a certain fee. The fee is only applicable for a hard copy, while the soft copy can be issued for free
  • Duplicate NOC - To issue a duplicate of the No Objection Certificate, for whatever reasons, the borrower will need to pay the lender a certain fee
  • Post-Dated Cheque Charges - Payments made using post-dated cheques (cheques in which the date mentioned is after the date on which it was drawn) will be accompanied by post-dated cheque charges

Foreclosure Charges

The table below indicates the list of foreclosure charges involved in Tata Capital business loans for women:

Foreclosure Charges

  • 4.5% on the future Principal outstanding on the existing loan + GST
  • No foreclosure allowed for the first nine months

Foreclosure Charges for Top-up

  • 2.25% on the future Principal outstanding on the existing + GST
  • Foreclosure charges shall be levied only if the 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
The following types of foreclosure charges can be applicable for a loan for women for business-
 
  • Foreclosure Charges - In the instance of loan pre-payment, either in part or in full, certain charges are levied, which are known as foreclosure charges. These charges are not applicable on loans taken with floating interest rates
  • Foreclosure Charges for Top-Up - The charges levied at the time of pre-payment of loan top-up when taken over and above the existing loan, are known as foreclosure charges for a top-up 
  • Foreclosure Charges on CCOD Cases - The charges are levied on the pre-payment, whether in part or in full, of loans taken under flexible funding options such as Cash Credit or Overdraft.
  • Foreclosure Letter Charge - Your lender will issue a foreclosure notice or letter to notify you of missed EMI payments. The issuance of such a letter accompanies foreclosure letter charges. 

How to Apply for a Tata Capital Business Loan for Women ?

How to Apply for a Tata Capital Business Loan for Women ?

You can now apply for availing a loan for women for business using any of the following four methods-

  • Branch

    You are welcome to physically visit any of our nearby branches, and one of our executives will guide you through the entire process

How to Apply for a Tata Capital Business Loan for Women ?

You can now apply for availing a loan for women for business using any of the following four methods- 

  • Online

    Apply online through our website and have your loan approved almost instantly 

  • Virtual Assistant

    You can apply via our 24/7 virtual assistant TIA at any time convenient to you

  • Phone Call

    You can call us on our customer care number at 1860 267 6060 between 9 am to 8 pm on Monday to Saturday. You can also request a callback

whatsapp

Avail TATA Capital loans directly from WhatsApp

More Business Loan products for you

Business Loan for professionals
Business Loan for professionals

Business Loan for professionals

At Tata Capital, we provide business loans for professionals with benefits like easy eligibility criteria, minimum documentation, and quick disbursals. 

Business Loan for women
Business Loan for women

Business Loan for women

At Tata Capital, we provide business loans for women entrepreneurs to achieve new heights in the world of business and startups.

What our customers say about us

Your services for customer satisfaction are really great. Lots of thanks for your kind consideration. Thanks a lot.

RAM SUNDAR PRASAD SINGH

Business Loan | 03 May, 2024

Great and Consistent customer care service available in Tata capital. Great job

SETHURAMAN M

Business Loan | 24 April, 2024

The process was so easy and team support and their knowledge on the product is too good.

CAFE HIND FOODS MADRAS

Business Loan | 10 April, 2024

Tata Capital is a good loan company, and its services are exceptionally fast. Overall, Tata Capital is a great company.

MAHENDRA KUMAR

Business Loan | 28 March, 2024

Very prompt response and very good service, I liked it and I am really thankful

SUMITKUMAR RAMESH CHAND JAIN

Business Loan | 04 March, 2024

Entire Service is very professionally organised. Thanks a lot.

VIVERLY EDUCATIONAL SOCIETY

Business Loan | 15 February, 2024

I am extremely happy with the services, TATA services are world class . I am proud to be part of their services

YUVARAJ SRINIVASAN LINGAPPA

Business Loan | 08 February, 2024

Dear Tata Capital finance, your service is good.

PAC METAL INDUSTRIES

Business Loan | 03 February, 2024

Thank you for your exceptionality quick resolution to my queries! Thank you so much.

GOLDSTAR HOSPITALITY

Business Loan | 31 January, 2024

Find the right Loan for you

Machinery Loans

If you’re into a manufacturing business, you may need to install the latest machinery or equipment in your factory.

You can apply for a machinery loan with us to fund the purchase of your business-related tools or equipment.

BL Machinery Loans BL Machinery Loans

MSME Loans

MSMEs are the second-largest employer in India after the agriculture sector.

To help these MSMEs grow and flourish without being affected by financial hurdles, Tata Capital offers MSME loans or SME loans at competitive interest rates.

BL MSME Loans BL MSME Loans

Overdraft Loan

If you’re unsure of the total loan amount that you may need for your business, you can avail of a business loan overdraft facility or an overdraft business loan.

With Tata Capital, you can get an OD loan for business of up to Rs. 90 lakhs at an affordable interest rate.

Overdraft Loan Overdraft Loan

Small Business Loan

Tata Capital’s small business loans are tailor-made loans to help micro and small businesses in India meet their urgent monetary requirements.

You can apply for a new small business loan online and get the funding from the comforts of your home or office.

Small Business Loan Small Business Loan