Quick Approval
Get fast loan approval with minimal documentation, ensuring quick access to funds.
Personal Loan For Women EMI Calculator
Get Personal Loan For Women Up to 5 Lakh
Whether you're planning your dream wedding, pursuing higher education, renovating your home, or setting off on a much-needed vacation- a little financial support can reduce stress. Hero FinCorp offers Personal Loans for women, with flexible options and interest rates starting at just 19% per annum.
Both salaried and self-employed women can apply for loan amounts ranging from Rs 50,000 to Rs 5 lakh, without the hassle of branch visits or paperwork. The entire process is 100% online and quick — so you can focus on what matters most.
Need help planning your repayments? Use our easy EMI calculator to find a plan that fits your budget and lifestyle.
Features and Benefits of Personal Loan For Women
Today, applying for a Personal Loan is as easy as ordering your favourite meal online. For women, it’s more than just convenience. It’s about having the freedom to make choices, chase dreams, and handle life’s surprises without having to depend on anyone else.
Whether it’s starting something of your own, planning a trip, or simply taking care of a few unexpected expenses, having quick access to funds can make a world of difference. Here’s what makes Personal Loans a smart, empowering option for women:
No Collateral Required
Avail a Personal Loan without pledging assets or requiring a guarantor.
Small Loan Schemes
Access loan amounts ranging from Rs 50,000 to 5,00,000 for financial needs.
No Hidden Charges
Enjoy complete transparency with no additional fees or unexpected costs.
Simple Documentation
A paperless, hassle-free process makes loan applications quick and convenient.
Attractive Interest Rate
Benefit from competitive loan interest rates for women borrowers.
No Penalties on Early Repayment
You can repay your loan early without extra charges.
Quick Disbursal
Get loan amount directly into your account quickly after approval.
Eligibility Criteria for Personal Loan for Women
You don’t need to go through a complex process to get a Personal Loan. The personal loan eligibility criteria at Hero FinCorp are basic—your age, regular income, type of employment, and a good credit score. If you meet these, approval is quick and easy, helping you get the funds you need.
Citizenship
You should be a citizen of India.
Age Requirement
You must be between 21 to 58 years to be eligible for the loan.
Work Experience
You should have at least six months experience in your current job.
Monthly Income
The minimum monthly income required is Rs 15,000.
Documents Required for a Personal Loan for Women
Documentation requirements are minimal for a Personal Loan at Hero FinCorp. Here are the documents required for a personal loan for salaried and self-employed women applicants, including KYC, income proof, and employment details. The process is simple, ensuring quick verification and smooth disbursal with minimal paperwork.
Documents Required for Salaried Employee
Proof of Photo Identity
Driving Licence, Passport, PAN Card, Aadhaar card
Mandatory Documents
Filled Loan Application Form, Passport Size Coloured Photograph
Proof of Income
Six Month Salary Slip & Bank Account Statement, Form 16
Job Continuity Proof
Appointment Letter From the Current Employer
Proof of Residence
Driving Licence, Passport, Aadhaar Card, Utility Bill
Proof of Business Existence
Not Applicable
Documents Required for Self-Employed
Proof of Photo Identity
Driving Licence, Passport, PAN Card, Aadhaar card
Mandatory Documents
Filled Loan Application Form, Passport Size Coloured Photograph
Proof of Income
Last Six Months Bank Statement, ITR for the Last Two Consecutive Years
Job Continuity Proof
Not Applicable
Proof of Residence
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Proof of Business Existence
Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate
Interest Rates and Charges on Personal Loan For Women
Understanding interest rates and charges is essential before applying for a Personal Loan for women. These affect your repayment and total cost. Hero FinCorp offers competitive rates, ensuring affordable EMIs based on your income and credit profile.
| Fees & Charges | Amount Chargeable |
|---|---|
| Interest Rate | Starting from 1.58% per month |
| Loan Processing Charges | Minimum 2.5%+ GST |
| Prepayment Charges | N.A. |
| Foreclosure Charges | 5% + GST |
| EMI Bounce Charges | Rs 350/- |
| Interest on Overdue EMIs | 1-2% of the loan/EMI Overdue Amount Per Month |
| Cheque Bounce | Fixed Nominal Penalty |
| Loan Cancellation | 1. Online loan app does not charge any cancellation charges |
| 2. Interest amount paid is non-refundable | |
| 3. Processing charges are also non-refundable |
How to Apply for a Personal Loan for Women Online?
Personal Loan for women in distress works as a blessing. A woman at the time of emergency finds a ray of hope while applying for an online Personal Loan easily through an instant loan app or a website. Each loan app is designed differently, but there are a few basic things to follow:
- 01
Visit the Hero FinCorp website or install the personal loan app
- 02
Go to the personal loan page and click ‘apply now’
- 03
Enter your mobile number and verify with the OTP received
- 04
Choose the loan amount you need
- 05
Verify your KYC details to check income eligibility
- 06
Click ‘Submit’ to complete your application
Personal Loan for Women Related Blogs
Frequently Asked Questions (FAQs)
Yes, women can get a Personal Loan online via digital loan apps. Download a suitable loan app, such as Hero FinCorp Instant Personal Loan, and initiate the loan application for women in just a few simple steps.
During a financial emergency or shortage of funds, women can get a personal loan online via a trusted instant cash loan app. Consider the loan eligibility criteria and interest rate to be sure of loan approval for women.
Personal Loans for women are approved on criteria such as age, monthly income, work experience and current job stability. Women between 21 to 58 years of age with a minimum starting income of Rs 15000/-can apply for a loan online.
Identity proof, address proof and income proof are required to get a Personal Loan for women. Keep ready your Aadhar Card, PAN Card, Utility Bill, IT return papers and the last 6 months’ bank statements.
Processing of Personal Loans online is fast with simple documentation. It depends on the verification process of the application form and documents. Once approved, the loan amount gets disbursed in 2 days.
Which is the best app for ladies' loans?
To improve your CIBIL score for a Personal Loan, focus on paying your dues on time, reducing credit card utilisation, and maintaining a healthy credit mix. Regularly track your score to monitor your progress.
The minimum income required to qualify for a Personal Loan for women is around Rs 15,000 per month. Keep in mind the income requirements to ensure you meet the specific criteria.