Home Loan for Women: Check Interest Rate, Benefits, and Eligibility

Buying a house is an important life goal, and today, home loans for women make this journey more accessible than ever. Financial institutions actively support female home ownership by offering attractive features such as lower interest rates, relaxed eligibility criteria, and longer repayment tenures. In addition, government-backed schemes further reduce the cost of borrowing. These benefits not only make home ownership affordable for women but also encourage long-term financial stability and independence across different income groups.

Home loan interest rate for women

The housing loan interest rate we offer is competitive and allows you to maintain a cost-effective interest outgo throughout the tenure.

Loan type	Home loan
Interest rate type	Floating
For salaried applicants	7.15%* to 20%* p.a.
For self-employed applicants	7.75%* to 20%* p.a.

These competitive interest rates make homeownership more accessible for women across India. Starting from 7.15%* p.a for salaried applicants, you can secure affordable monthly payments that fit your budget. Check your pre-approved home loan offers from Bajaj Finserv that match your financial profile. You may already be eligible, find out by entering your mobile number and OTP.

Following are the features and benefits of home loan for women

Reasonable rate of interest

Starting from 7.15%* p.a, Bajaj Finserv offers applicants an affordable home loan option to fit their finances.
Speedy disbursal

No more long waits for loan amounts with Bajaj Finserv. Find your sanction amount in your bank account in just 48* hours from approval.
Ample sanction amount

Bajaj Finserv provides loan amounts as much as Rs. 15 Crore* to eligible candidates and even more, to boost your home buying journeys.
5000+ project approved

Find over 5000+ choices in approved projects and enjoy better home loan terms from Bajaj Finserv.
External benchmark linked loans

By opting for the Bajaj Finserv Home Loan linked to an external benchmark, applicants can enjoy reduced EMIs along with favourable market conditions.

Check your home loan eligibility today. You may already be eligible, find out by entering your mobile number and OTP.
Digital monitoring

Now keep a close eye on all your loan developments and EMI schedules through the Bajaj Finserv online platform.
Long tenor stretch

The Bajaj Finserv home loan tenor stretches up to 32 years allowing borrowers a buffer period to plan out their EMI payments.
Zero contact loans

Experience a truly remote home loan application from anywhere in India by applying Bajaj Finserv online home loans and getting an easy approval.
No prepayment and foreclosure charge

Bajaj Finserv allows you to foreclose the loan or make part-prepayments at no extra costs or prepayment penalty – making way for maximum savings.
Loan subsidies

Avail of the loan subsidies offered under the PMAY scheme, with Bajaj Finserv. Approach us for updated terms and best home loan deals.

To find out if you qualify for funding quickly, use our home loan eligibility calculator. It is a simple tool, and you only need to fill in basic personal details to know how much you are eligible for. to know more about our eligibility criteria, read on.*

Nationality

Indian
Age

23 years to 67 years* for salaried individuals
23 years to 70 years* for self-employed borrowers
Employment status

At least 3 years of experience for salaried individuals
At least 5 years of business continuity for self-employed individuals
CIBIL score
Check your CIBIL Score for FREE

Must have a CIBIL Score of 725 or higher

*Please note that the list of eligibility terms mentioned is indicative. Terms and conditions apply.

To apply for a home loan, women applicants must submit personal, financial, and property-related documents that verify identity, address, income, and ownership details.

Document category	Details / Accepted documents
Identity proof	Aadhaar Card, Voter ID, Passport, Driving License, PAN Card
Address proof	Aadhaar Card, Passport, Utility Bills (electricity, water, etc.), Rent Agreement (if applicable)
Income proof – Salaried women	Salary slips (last 3–6 months), Bank statements (last 6 months), Form 16 or ITR (last 2–3 years)
Income proof – Self-employed women	ITR (last 3 years), Audited balance sheet & profit/loss statements (last 3 years), Bank statements (last 6–12 months)
Property documents	Sale Agreement/Allotment Letter, Title Deed, NOC from builder/society, Approved building plan and occupancy certificate, Property tax receipts
Employment proof	Employment certificate (salaried), Business licence/registration certificate (self-employed)
Other documents	Guarantor form (if applicable), Existing loan account statements, Passport-sized photographs

To apply, fill the online application form by entering basic information. Here is a step-by-step guide to simplify the process.

1 Go to the website and click on ‘Apply Now’
2 Input basic personal details and enter the OTP
3 Use the EMI calculator to settle on the ideal loan amount and tenor
4 Fill in your personal, employment, property, and financial details

Once you complete this form, our authorised representative will contact you and guide you with loan processing.

*Conditions apply

Home loan for women FAQs

Home loans for women come with several advantages that reduce overall borrowing costs. Many lenders offer slightly lower interest rates, helping women save on long-term interest payments. Government schemes like PMAY provide interest subsidies when a woman is a property owner or co-owner. Women may also receive stamp duty rebates, tax benefits under income tax laws, and higher loan eligibility when applying jointly with a spouse or family member.

The female home loan subsidy mainly comes under the Pradhan Mantri Awas Yojana (PMAY), which supports affordable housing. To qualify, at least one woman in the family must be the owner or co-owner of the property. Eligible applicants can receive an interest subsidy of up to Rs. 2.67 lakh. This initiative aims to promote women’s empowerment and encourage long-term financial security through property ownership.

There is no single best home loan for women, but several options offer added benefits. Government-supported schemes such as PMAY, the National Housing Bank’s refinancing programmes, and Mahila Awas Yojana provide interest subsidies and relaxed terms. Alongside these, many banks offer special home loan products for women with lower interest rates and flexible repayment options, making it easier to choose a loan that fits individual financial needs.

Yes, many lenders offer interest rate concessions to women borrowers. The discount is usually around 0.05% compared to standard home loan rates. While the reduction may appear small, it can result in noticeable savings over a long loan tenure. This benefit applies whether a woman applies individually or as a co-borrower, provided she meets the lender’s income and credit requirements.

Several state governments provide stamp duty concessions for women property buyers. The rebate generally ranges between 1% and 2% compared to the rates applicable to men. This reduction is a one-time benefit but can lead to significant savings, especially for high-value properties. The exact concession depends on the state where the property is registered and whether the woman is a sole or joint owner.

Yes, the most well-known government scheme for women homebuyers is the Pradhan Mantri Awas Yojana (PMAY). Under this scheme, women must be listed as owners or co-owners to receive interest subsidies, particularly for EWS and LIG categories. The scheme reduces the effective loan cost and encourages women to participate actively in property ownership and long-term financial planning.

A housewife usually cannot apply for a home loan on her own, as lenders require proof of regular income. However, she can apply as a co-borrower with an earning spouse or family member. Being a co-owner and co-applicant can improve loan eligibility and may also help in availing government subsidies or tax benefits, depending on the structure of the loan.

Yes, a single woman can apply for a home loan independently if she meets the lender’s income, age, and credit score criteria. Banks treat single women as individual applicants and may also extend benefits such as lower interest rates or reduced processing fees. This makes home ownership achievable for unmarried women who have a stable income and clear repayment capacity.

Yes, both husband and wife can claim tax benefits on a joint home loan if they are co-owners and co-borrowers with separate income sources. Each can claim deductions on interest paid under Section 24(b) up to Rs. 2 lakh and on principal repayment under Section 80C up to Rs. 1.5 lakh, subject to applicable tax laws and conditions.

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