Home Loan for Women: Interest Rates, Eligibility and Benefits

Home
Home Loan
Home Loan for Women

Overview

Apply Now

Overview Required Documents Rates & Charges

Calculators

Quick Cash

Housing Loan for Women by Tata Capital

A home loan for women is a loan facility offered exclusively to women. Irrespective of whether she is employed or a housewife, housing loan for women help them in having ownership rights in a property. Having her own roof over her head gives a woman a sense of security, empowerment, and financial freedom.

Just like men, women can now avail of a home loan facility to purchase or build their own house. Tata Capital offers house loans for ladies with several perks; competitive interest rates, high loan amounts, and flexible payback tenure being a few of those. Moreover, a home loan for women’s interest rate is affordable, making repayment easy on the pocket.

The interest rate for our housing loan for women starts from just 7.99% annually*. Besides, our home loan for women's eligibility criteria is very simple, and we require minimal documentation, so availing of a home loan for housewives or working women is an easy process at Tata Capital.

Loan amount offered

₹ 5 lakhs to ₹ 5 crores

Loan tenure

Upto 30 years

Interest rate starting @

7.99%* p.a.

View Rates & Charges

Eligibility Criteria for Home Loan for Women

Home loan for women's eligibility depends on several factors, and they usually vary from one lending institution to other. Lending partners may want to consider the applicant’s age, monthly income, securities, current assets and liabilities, and the cost of the proposed house or property.

At Tata Capital, we offer simple criteria for a home loan for women's eligibility:

The age of the applicant should be between 24 to 65 years

The applicant should have a minimum salary of Rs. 30,000, or if availing a home loan for housewives, can submit securities like gold, fixed deposits, etc.

If the woman is self-employed, she should have a business experience of at least three years

The applicant should be a resident of India

Avail TATA Capital loans directly from WhatsApp

Apply via WhatsApp

Documents Required for Home Loan for Women

Here is the list of documents that you need to furnish for a home loan for women:

Duly filled application form with photograph
Aadhaar card
Passport
Proof of residence
Bank statement
Salary Slips of last 3 months; NRIs with variable salaries need to submit the same for last 6 months
Proof of relationship
Previous loan details, if any
Proof of education
Form 16 & ITR of last 3 years; computation of income should be included

How to Apply for a Home Loan for Ladies?

At Tata Capital, you can apply for housing finance for women in more than one way:

Branch

You can visit your nearest Tata Capital branch to apply for a housing loan. Our executives there will guide you through the entire process.

Locate a Branch

Ladies can apply for a home loan in just a few steps:

1. Fill online form: Fill out our online home loan application form

2. Upload Documents: Upload the required self-employed home loan documents

3. Expert Inspection: Wait for the property inspection by our experts

4. Loan Disbursal: Get the home loan amount in your bank account.

Apply Now

Benefits of Home Loan for Ladies

Here is why you should consider a home loan for ladies:

Faster Processing and Higher Chances of Loan Approval: Women borrowers can benefit from a higher chance of approval and a hassle-free, quick loan processing experience.
Concession on Stamp Duty: Women borrowers have to pay a reduced stamp duty.
Attractive Interest Rates: Home loans are offered to women borrowers at lower interest rates, improving their affordability.
Comfortable Repayment Tenures: Women borrowers get a longer repayment tenure allowing them to repay the loan comfortably.

FAQs on Home Loan for Women

Yes, a home loan interest rate is less for women as compared to interest rates for men.

Women can apply for a maximum home loan of Rs 5 Crores with Tata Capital.

Yes, there is a tax benefit available on housing loans for women and these can be availed on the principal and interest amount as well on the stamp duty.

Yes, the EMI is lower if the home loan applicant is a woman, as women are offered lower interest rates and longer tenures, thus reducing the EMIs.

No, a housewife is not eligible for a home loan on her own. However, she can be a co-borrower.

Yes, women with irregular income streams can apply for a home loan. Women entrepreneurs and freelancers can apply for a home loan by providing additional documentation to establish income stability and loan repayment capacity.

Yes, a single woman can apply for a home loan as long as she meets the eligibility criteria.

Yes, there are government schemes that support women’s home ownership. Schemes such as the NHB (National Housing Bank) refinancing scheme for women, PMAY (Pradhan Mantri Awas Yojana), and Mahila Awas Yojana offer lower interest rates, subsidies and other benefits to women borrowers.

More Home Loan products for you

Home Loan for government employees

With Tata Capital, you can apply for a home loan for government employees in a few easy steps and get housing finance at competitive interest rates.

Apply Now

Home Loan for self-employed

With Tata Capital, you can apply for a home loan for self employed in a few easy steps and get housing finance at competitive interest rates.

Apply Now

Home Loan for women

With Tata Capital, you can apply for a home loan for women in a few easy steps and get housing finance at competitive interest rates.

Apply Now

What our customers say about us

Service provided by Manoj Patel in Surat vesu Branch was helpful and because of his support we were able to close loan.

Prakash Patil

Home Loan | 23 Aug, 2024

Excellent A1 Services. The Lady at the Customer Desk is very Cooperative and helpful so that my work completed without the time frame. The name of the Lady is Amruta Pathak. God bless her and her family. Thanks and Regards for the entire team of Tata Capital.

Nandlal Lal Arora

Home Loan | 13 Aug, 2024

Very good & prompt service, and we have spoken to Mr. Manish also, and he always helps us to provide our request. Thank you, Ms Apurva Shende & Manish Padwal

Farhang Ahmed Azar

Home Loan | 24 Jul, 2024

I'm happy with the service and the help I got earlier for foreclosure letter. Thank you so much & thanks to Alisha mam for her guidance.

Akshay Anil Pawar

Home Loan | 17 Jul, 2024

Special thanks to Mr. Avinash for his help rendered with full commitment to his job, answering the queries to me clearly, and follow up so that the work is done in given time to get customer satisfaction.

Hannah Grace

Home Loan | 02 Jul, 2024

Mr Avinash who handled my case is well experienced and has courtesy for customers' concerns. However, some of the Tata Capital products are very expensive when compared to other banks' ones!

Mohammed Shakeel Urrahman

Home Loan | 28 Jun, 2024

Start to end of my loan process was simple and guidance of your team members were to the point. My last communication was with Mr. MANOJ PATEL from surat branch he was very polite and helpful.

Anamika Vijaykumar Tiwari

Home Loan | 20 Jun, 2024

We extend our heartfelt gratitude to Mr. Pravin Sagare, Senior Officer of Customer Service, for his exceptional service. His remarkable demeanor and professionalism during telephonic interactions with customers have been truly outstanding. Over the past two years, we have utilized various services, yet none have matched the quality provided by Mr. Sagare. We are deeply impressed by the exemplary service, due to this reaons we has influenced our decision to obtain a second home loan from TATA Capital Housing Finance Limited.

Avinash Vasantbhai Bhesaniya

Home Loan | 07 Jun, 2024

I had applied for a home loan at Tata Capital & got the it approved quickly. The process was smooth and sanctioned with sufficient amount with tenure period of 20 yrs.

Sumeet Verma

Home Loan | 14 Mar, 2022

Read All

Find the right Loan for you

Affordable Housing Loan

At Tata Capital, we believe that every single person, regardless of their financial background, deserves a home to call their own.

With this vision, Tata Capital Housing Finance offers affordable home loans at competitive interest rates.

Know More

Home Extension Loan

As the years go by and your family continues to grow, does your house feel smaller?

Tata Capital’s Home Extension Loan is a perfect solution to help you give your family that additional space they deserve.

Know More

Home Loan for Self-Construction

Instead of buying a ready-to-move-in house, you can choose to purchase a piece of land and construct your house on it brick by brick.

A home loan for self-construction or simply a home construction loan is a special type of home loan given to help borrowers construct their own house on a piece of land or plot.

Know More

Home Loan Top-up

A home loan top-up is a facility offered by lenders under which a borrower can take an additional loan over and above their existing home loan.

The home loan top-up facility is available only for existing home loan borrowers without the need for any additional security or guarantee.

Know More

Home Loan Overdraft

At times, you may need additional funds to tackle your personal or business expenses.

With Tata Capital’s home loan overdraft facility, you can avail of a home overdraft loan limit of up to Rs. 2 crores. You can withdraw funds from this overdraft housing loan limit as per your needs and then pay it back at your convenience.

Know More

Quick Cash

Quick Cash loan is a unique Pre-Approved personal finance top-up linked to your existing Tata Capital Housing Finance Limited (TCHFL) loans. This loan is only for existing TCHFL Home Loan and Home Equity customers.

Apart from its unique features, it also offers other advantages such as faster processing, and a paperless journey, notwithstanding that all this could be availed in just a few clicks at your convenience any day 24*7.

Know More

Balance Transfer

A home loan balance transfer, or simply a home loan transfer, takes place when you transfer your outstanding home loan amount to a new lender from your existing lender.

With Tata Capital Home Loan Balance Transfer, you can transfer your outstanding home loan balance to affordable interest rates. Our home loan interest rates start from just 7.99% per annum*.

Know More