‘Lower interest rate, lower stamp duty and higher chances of loan application being accepted give women an edge over men when fulfilling purchase of their dream home’.
These steps include special accounts for women and girl child, concessional rates and also special schemes to encourage women to buy houses and take home loans on their name.
Successive governments have tried to introduce policies that encourage Women empowerment and also aid financial inclusion of women in all spheres.
Many banks and other agencies have taken steps to make women more financially independent and socially empowered.
These steps include special accounts for women and girl child, concessional rates and also special schemes to encourage women to buy houses and take home loans on their name.
Women have an edge over men at least in recent times when it comes to applying for a loan.
What lenders offer women when taking a Home Loan?
So if you are a lady looking to buy your own house here is a low down on the advantages you may have over your male counterparts.
Different banks have different scheme for women buyers; however most offer these privileges when a lady is the primary or sole applicant and primary or sole owner in case of joint ownership of the house.
