Swayamsiddha Loan Scheme

Empowering Professional Women.

The scheme aims at empowering women by providing financial support in form of personal loan. Swayamsiddha loan scheme is a product designed specifically for women who are professionals whether salaried or self-employed as teacher, doctor, nurse, C.A. ICWA, CS, etc.

With easy documentation, quick sanction and disbursement within 7 working days, Swayamsiddha Loan Scheme is a quick and easy solution to financial needs of professional women.

Loan Highlights

Loan Limit
Rs 5.00 Lakh

Rate of Interest
CIBIL above 750 - @9.75% pa
CIBIL above 725- 750 - @10.25% pa
CIBIL above 700- 725- @ 10.75% pa

Time of Disbursement
7 days

Repayment Period
Maximum up to 84 months (7 years)

Prepayment Charges
Nil

Process Charges
0.50% + GST

Foreclosure Charges
Nil

Eligibility

The applicant should be a woman having salary income or professional income such as teacher, doctor, nurse, CA, ICWA, CS only.

Facility

Term Loan

Documents Required

KYC Documents of the applicant
Customer should be having business of minimum last 2 years with ITR if applicable, Form 16 and salary slips of salaried applicants.
Account Operations should be satisfactory.
Permanent Residential Address proof is required.
Accepted DSCR at 1.75:1 for salaried applicant and 1.50:1for professional applicant
In case of salaried person SB A/c is must with 6 PDCs

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