Mahila Money – Loan For Women Review 2024
Welcome to mahila money we offer loans investment, insurance and business support service to women entrepreneurs through our RBI licensed NBFC partners our user run – beauty parlours, fashion boutiques, cloth business, tiffin services, pre – school travel agencies, yoga studios, D2C brands, handicrafts, manufacturing business, kirana stores, E – Mitra, retail shops, pickles, agarbatti business & SMEs
Through a 100% digital application process, you can avail, hassle-free, loans taoilared for women entrepreneurs take a loan on your merit, you don’t need any male family member as a co- guarantor, nor do you need your father or husband’s signatures!
We offer you loans for your business these include working capital loans, asset purchase loans, business expansion loans, SME loans, skilling and starter loans. You can use these loans to increase your revenue or income by investing in your business.
Your business can be a sole proprietorship, partnership or private limited company. Any woman entrepreneur can join the mahila money app for free.
On the app you can find Loans,
You can also find video interviews and webinars with women entrepreneurs on mahila money you can join the mahila money open house every day on the app meet other entrepreneurs on a video call and get your debts resolved
Key features of the mahila money app
Loans for women entrepreneurs
Apply for collateral free loans through an easy 100% digital process with easy Repayment Options.
Mahila money Loan terms :
- Loan amount : INR 30,000 – INR 10,00,000
- Tenure : 6 months to 3 years
- Repayment : monthly
- APR and other charges :
- Interest rate (APR) : reducing up to 25% per annum processing fee (excl.of GST) : up to 5% a penalty fee may be levied on delayed payments in accordance with the loan terms and conditions. Additionally, GST will be applicable to all loan transaction under applicable low
Loan Eligibility :
- Indian citizen
- Age : 18 – 55 years
Only for women : only for productive/ business purposes
If you are considering a loan with mahila money here’s an example of what you can expect:
- Loan amount : INR 1,00,000
- Tenure : 24 months
- Interest rate (APR) : 25% per annum (reducing rate) processing fees (excl.GST) : INR 2,000
- Monthly repayment amount : INR 5,337.15
- Total interest payable : INR 28,092
- Total amount payable : INR 128,092 (24 equal monthly payments at the end of every month for a duration of 24 months)
- Loan will be granted by one of our RBI -licensed NBFC partner and is subject to NBFC approval
Our Partners
NBFC partners for mahila money loans :
Capital trade links limited (https//www.capitaltrade.in)
RBI licensed NBFC – P2P Partner for Aditi investment plan
Rupee circle (https//www.rupeecircle.com)
Mahila money can be accessed via the mahila money app on playstore or at https//mahila.money
If you have any questions, please contact us whatsapp : +919810198944
Mail : customercare@mahila.money
Call : +918095171600