Can a Woman get a loan for business?

Aspiring women entrepreneurs can avail of a collateral-free business loan for women in India of up to Rs. 90 lakhs with Tata Capital. To avail of a business loan, meet the following eligibility criteria:You should be at least 21 years old and not more than 65 years.The business should be profitable.Your credit score should be at least 675 or more.

Is it easy for a Woman to get a business loan?

With Tata Capital’s Business loan for women, it is easy for a woman to get a business loan by fulfilling certain simple eligibility criteria. All you need to do is meet the eligibility criteria, fill out the application form, and submit your documents. Once approved, you get a loan of up to Rs. 90 lakhs.

What advantages does an NBFC offer to women entrepreneurs?

An NBFC (Non-Banking Financial Company)can offer many advantages to entrepreneurs, such as the following: NBFCs offer easy access to loans that are tailored to the requirements of women entrepreneurs NBFCs provide collateral-free loans that can help budding and established business women pave the way for success NBFCs may offer special loan deals, reduced interest rates, and extended repayment periods from time to time to help women entrepreneurs secure loans at favorable terms NBFCs can help women customize loan terms and repayment schedules to suit their financial obligations

How much loan amount can women entrepreneurs avail through a business loan for women?

The amount of money offered under awomen entrepreneurs loancan vary from one lender to another. At Tata Capital, we offer business loans ranging from Rs 0.40 lakhs to Rs 90 lakhs. You can evaluate the needs of your business and determine a loan amount that suits your purpose optimally.

What documents are required to obtain a business loan for women?

Here are some documents you need to submit to apply for awomen entrepreneurs loan: KYC (Know Your Customer) documents, such as a copy of your PAN Card, Aadhaar Card, Voter ID Card, Driving License, or PassportProof of your business ownership, such as a business registration certificate, trade license, GST (Goods and Service Tax) registration certificate, a certified copy of the partnership deed agreement, sole proprietorship declaration, etc.Income proof, such as thelast two years’ Income Tax Returns (ITRs), computation of income, audited finances with a tax audit report, profit-loss statements, balance sheet audited by a chartered accountant, etc.Current account bank statementsGST statements for the last six months

Is collateral required for a women entrepreneurs loan?

No, you do not need collateral to avail of awomen entrepreneurs loan.You can apply for the loan and get approval even if you do not have any personal or professional assets to submit as security. This makes the business loan an ideal choice for small and medium-sized businesses that may not have enough financial assets to offer as collateral for a loan.

Can women entrepreneurs avail of any special benefits or schemes with a business loan for women?

At Tata Capital, we offer benefits such as affordable interest rates, low processing charges, and multiple EMI (Equated Monthly Installment) options for abusiness loan for women.Our flexible and customizable business loans ensure that more and more women get the necessary finances to run their businesses on their terms. You can structure your EMIs as per your requirements and get a high-value loan for your business without any collateral.

Do you need a minimum credit score to get a small business loan for women?

Yes, you need a minimum credit score of at least 650 or more to avail of abusiness loan for women.Your loan application may be rejected if you have a lower credit score. Therefore, it is advised to maintain a high credit scorebefore applying for a business loan. You can do this by paying your credit card bills on time, not taking on too many loans at the same time, and being diligent with your overall finances.Maintaining a high credit score also improves your chances of availing of a business loan at a relatively lower rate of interest.

How long does it take to process and disburse a business loan for women?

At Tata Capital, we are committed to offering you a quick and hassle-free approval process to avail of a women entrepreneurs loan.You can expect a prompt turnaround time and swift loan disbursal with minimum delay. We require minimum documentation and offer the option to apply for the loan online, which further cuts down time. You can apply online through our website. You can also call us on our customer care number at 1860 267 6060 between 9 am and 8 pm from Monday to Saturday or apply via our 24/7 virtual assistant TIA anytime. Additionally, you can apply for a Tata Capital loan for women directly from WhatsApp, too.The entire process is specially designed to make the process of application and disbursal quick and convenient for you.

Can women entrepreneurs apply for a business loan for women without a co-applicant?

Yes, you can apply for abusiness loan for womeneven if you do not have a co-applicant. However, you must meet the following eligibility criteria:You should be at 21 years old at the time of applying for the business loanYou should not be older than 65 years at the time of the last EMIYou should have a credit score of at least 675 or moreYour business should be profitableYour business should be active and stable for a minimum of two yearsYou should have a banking balance of at least Rs. 5000

Can women entrepreneurs apply for a women entrepreneurs loan if they have a part-time business?

Yes, you can apply for awomen entrepreneurs loanif you have a part-time business. However, make sure your business qualifies for the following criteria:The part-time business should be profitableThe part-time business should be active and stable for a minimum of two yearsThe part-time business should have a banking balance of at least Rs. 5000In addition to this, you must also meet the following conditions:You should be at 21 years old at the time of applying for the business loanYou should not be older than 65 years at the time of the last EMI (Equated Monthly Installment)You should have a credit score of at least 675 or more

What are some of the problems faced by women entrepreneurs in India?

Women entrepreneurs in India often face challenges of gender bias, pressure of societal expectations, and economic hurdles when launching their businesses. There is usually a lack of financial support for women, making it challenging for them to boost their business.

What is the minimum cibil score to get a business loan?

To get a business loan, the minimum CIBIL requirements can differ from one lender to another. With Tata Capital, you should have a CIBIL score of at least 675 or more to be eligible for the business loan.

Can I renew my business loan after repayment in full?

The facility to renew your business loan after full repayment differs from one lender to another. You can contact the loan experts at Tata Capital to learn about loan renewal.

Business Loan for Women Entrepreneurs Upto ₹90 Lakhs

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Business Loan
Business loan for Women

What is a Business Loan for Women?

A business loan is typically meant to provide finances to a person or organization to help them grow their business.

Just like that, our women entrepreneurs loan is also exclusively meant for women to fulfill their financial needs for running or establishing their ventures. Our business loan for women comes with benefits like affordable interest rates, lower processing charges, and multiple EMI options.

Business Loan EMI Calculator

Calculate your EMIs with the Tata Capital EMI Calculator and choose the right business loan for women in India.

Loan amount

₹

₹75,000 ₹35,00,000

Loan duration

1 Years 6 Years

Rate of interest

10% p.a 19% p.a

Monthly EMI

Total Amount Payable

0*
Total Interest Payable

0*

Total Amount Payable

Total Interest Payable

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Avail TATA Capital loans directly from WhatsApp

Apply via WhatsApp

Features of Business Loan For Women

Loan Amount

We offer loan amounts starting from Rs. 1 lakh to Rs. 90 lakhs for women to meet all kinds of business requirements.

Loan Tenure

With a repayment tenure range of 12 months to 60 months for a business loan for women, you are free to plan and pursue your business goals.

Rate of Interest 

Self-Employed Non-Professional: 16%-26%, Self-Employed Doctors: 12.00%-15.00%, Self-Employed Professional Other than Doctors: 13.25%-17.50%.

Customized Product Offering

We understand that every business has its own needs, so we have customised offerings and options for women entrepreneurs' loans.

Zero Securities

We do not ask you to deposit collateral to avail a loan for women for business.

Structured EMIs

You can structure your EMIs in a way that best fits your budget.

Easy Eligibility

We believe in your dreams and aspirations, so we will go the extra mile to get you the ideal business loan for women that suits you best.

Eligibility Criteria for Business Loans for Women Entrepreneurs

We have the following eligibility criteria for a loan for ladies for business:

Your age should be at least 21 years at the time of applying for the business loan and not more than 65 years at the time of the last EMI

Your credit score should be at least 675 or more

Business should be profitable

Minimum 2 years business stability

Banking balance should be at least Rs. 5000

Documents Required for Business Loan for Women

Here is the list of documents required for business loan for women to apply with Tata Capital.-

ID proof: Aadhaar card/ Voter ID/ Driving license/ Passport
PAN card
Income proof: Last two years’ ITR, last two years’ audited financials with tax audit report, profit and loss statement for the last two years, balance sheet
Business proof: Registration certificate/ Trade license/ GST registration/ a certified copy of the Sole Proprietorship Declaration or Partnership Deed Agreement.
Current bank account statements and GST statements for the last six months

Interest Rates and Charges for Business Loan for Women

Business loan for women in India comes with three types of charges, namely general charges, miscellaneous charges, and foreclosure charges. For more details, refer to the tables below:

General Charges

Here is an overview of the general charges appliable:

Type of Fees	Applicable Charges
Interest Rate	Self-Employed Non-Professional: 16%-26%, Self-Employed Doctors: 12.00%-15.00%, Self-Employed Professional Other than Doctors: 13.25%-17.50%
Processing Fee	Upto 4% of the loan amount
Stamp Duty	As Applicable
Penal/Additional Interest Rate	3% on Overdue amount per month

Interest Rate - This is the rate at which the interest on your business loan would be calculated. This rate is commonly known as the interest rate of a business loan for women
Processing Fee - This is a one-time and non-refundable fee that the applicant needs to pay at the time of processing a business loan for women
Penal Interest/Additional Interest - This is the rate of interest that gets charged over and above the existing interest rate as a result of delayed EMI payments of a business loan for ladies. The borrower will have an obligation to pay delayed monthly installments inclusive of this additional interest amount

Miscellaneous Charges for Business Loans for Women Entrepreneurs

Here is a list of the miscellaneous charges levied by Tata Capital for a business loan for women -

Prepayment / Foreclosure Charges

Foreclosure charges on Term Loan Facility:

4.5% on the principal outstanding at the time of foreclosure

Part-Prepayment/ Prepayment/ Foreclosure charges on Top-up:

Foreclosure charges are not applicable

Part-Prepayment/ Prepayment/ Foreclosure Charges in Hybrid Term Loan:

4.5% on the dropped down amount at the time of foreclosure

Processing Charges

As Applicable

Payment Instrument swapping

Rs. 550/-

Dishonour Charges

Rs 600 for every Cheque/ Payment Instrument Dishonor

Mandate rejection service charges

Rs. 450/-

(Charges will be levied if new mandate form is not registered within 30 days from the date of rejection of previous mandate form by Borrower’s bank for any reasons whatsoever.)

Annual Maintenance Charges (Hybrid Term Loan)

First Year: 1% or 1000 whichever is higher per year will be deducted from the Facility and shall be payable at the end of the 13th month

Second Year: 0.75% or 1000 whichever is higher per year will be deducted from the Facility and shall be payable at the end of the 13th month

Subsequent years: 0.5% or 1000 whichever is higher per year will be deducted from the Facility and shall be payable at the end of the 13th month

Document processing charges

Rs. 1999/-

Cancellation charges

2% of the Facility amount OR

Rs. 5750/- Whichever is higher

Duplicate Repayment Schedule

Rs. 550/-

Duplicate NOC

Rs. 550/-

Statement of Account (SOA)

Customer portal – Nil

Branch walk in – Rs. 250 /-

Foreclosure Letter Charge

Customer portal – Nil

Branch walk in - Rs 199/-

Post Dated Cheque Charges Rs

Charges Rs 850

section 138 and section 25 filing

At Actual

Arbitration Filing

At Actual

Receiver Order

At Actual

Notice

At Actual

Legal Notice

At Actual

Lawyer fees

At Actual

Execution of award

At Actual

Note:

The amounts are net of taxes such as GST, etc.
GST, other Government taxes and levies as applicable, will be payable on all fees and charges in above mentioned

Bounce Charges - If your EMI payment gets bounced, your lender will levy a bounce charge. It usually occurs when you miss an EMI payment due to a lack of sufficient funds in your bank account
Mandate Rejection Service Charge - If you reject any of the services provided by your lender, then a mandate rejection service charge gets levied
CC Hybrid Term Loan Annual Maintenance Charges - If you have chosen a flexible funding option for your women empowerment loan, such as Cash Credit or Hybrid Term Loan, the maintenance service of your Hybrid Term Loan account will be charged with a fee called CC Hybrid Term Loan Annual maintenance charges
Document Processing Charges - Verification of startup business loan for women involves several stages, such as loan agreement, indexing, etc. The lender levies a charge on the processing of such documents. This charge is known as document processing fees. 
Outstation Collection Charges - Outstation cheques that have been issued to a non-local branch will accompany outstation collection charges levied on the collection of such cheques for EMI payments
Statement of Accounts - A bank statement is a list of all transactions made through your bank account for any given period. Your lender will charge an SOA fee for the hard copy of bank accounts; however, the soft copies do not incur any charges
Loan Cancellation Charges - Cancellation of a loan for women for business after the loan disbursal process will accompany loan cancellation charges
Instrument Swap Charges - Exchanging or swapping business loan liabilities or cash flow between two loan instruments incurs instrument swap charges
Duplicate Repayment Schedule - Receiving a duplicate of your loan amortization schedule will accompany a certain fee. The fee is only applicable for a hard copy, while the soft copy can be issued for free
Duplicate NOC - To issue a duplicate of the No Objection Certificate, for whatever reasons, the borrower will need to pay the lender a certain fee
Post-Dated Cheque Charges - Payments made using post-dated cheques (cheques in which the date mentioned is after the date on which it was drawn) will be accompanied by post-dated cheque charges

Foreclosure Charges for Business Loans for Women Entrepreneurs

The table below indicates the list of foreclosure charges involved in Tata Capital business loans for women:

Type of Fees	Applicable Charges
Part-Prepayment/ Prepayment/ Foreclosure Charges as shown below in table.	Foreclosure charges on Term Loan Facility: 4.5% on the principal outstanding at the time of foreclosure Part-Prepayment/ Prepayment/ Foreclosure charges on Top-up: Foreclosure charges are not applicable Part-Prepayment/ Prepayment/ Foreclosure Charges in Hybrid Term Loan: 4.5% on the dropped down amount at the time of foreclosure
Foreclosure Letter Charge	Soft Copy – Nil Branch Walk-In – Rs. 199

The following types of foreclosure charges can be applicable for a loan for women for business-

Part-Prepayment/ Prepayment/ Foreclosure Charges - In the instance of loan pre-payment, either in part or in full, certain charges are levied, which are known as foreclosure charges. These charges are not applicable on loans taken with floating interest rates
Part-Prepayment/ Prepayment/ Foreclosure Charges for Top-Up - The charges levied at the time of pre-payment of loan top-up when taken over and above the existing loan, are known as foreclosure charges for a top-up
Part-Prepayment/ Prepayment/ Foreclosure Charges on CC Hybrid Term Loan Cases - The charges are levied on the pre-payment, whether in part or in full, of loans taken under flexible funding options such as Cash Credit or Hybrid Term Loan.
Part-Prepayment/ Prepayment/ Foreclosure Letter Charge - Your lender will issue a foreclosure notice or letter to notify you of missed EMI payments. The issuance of such a letter accompanies foreclosure letter charges.

How to Apply for a Tata Capital Business Loan for Women ?

How To Apply For Business Loan For Women Online?

You can now apply for availing a loan for women for business using any of the following four methods-

Online

Apply online through our website and have your loan approved almost instantly 

Apply Now

Virtual Assistant

You can apply via our 24/7 virtual assistant TIA at any time convenient to you

Phone Call

You can call us on our customer care number at 1860 267 6060 between 9 am to 8 pm on Monday to Saturday. You can also request a callback

Request a call back

How To Apply For Business Loan For Women Offline?

You can now apply for availing a loan for women for business using any of the following four methods-

Branch

You are welcome to physically visit any of our nearby branches, and one of our executives will guide you through the entire process

Locate a Branch

Business Loan Scheme for Women

Here are some popular women business loan schemes in India:

1. The Stand-Up India Scheme :

- Principal Loan Amount: Rs. 10 lakhs – Rs. 1 crore

- Interest rates: The lowest applicable rate of the bank for the specific category, not exceeding MCLR + 3% + tenor premium.

- Beneficiaries: SC/ST or women entrepreneurs.

2. Pradhan Mantri Mudra Yojana :

- Principal Loan Amount involves the following:

Shishu: Up to Rs. 50,000

Kishor: Rs. 50,000 – Rs. 5 lakhs

Tarun: Rs. 5 lakhs – Rs. 10 lakhs

- Interest rates are deregulated, banks will charge reasonable rates within RBI guidelines.

- Beneficiaries: Open to all

3. Udyogini Scheme :

- Loan amount: Up to Rs. 3 lakhs.

- Interest rates will be competitive, subsidised, or free for special cases.

- Beneficiaries: Women entrepreneurs, particularly from rural and underdeveloped areas.

4. PSB Loan :

- Loan amount: Rs. 1 lakh to Rs. 5 crores.

- Interest rate starts from 12% p.a.

- Open to all

More Business Loan products for you

Business Loan for professionals

At Tata Capital, we provide business loans for professionals with benefits like easy eligibility criteria, minimum documentation, and quick disbursals.

Apply Now

Business Loan for women

At Tata Capital, we provide business loans for women entrepreneurs to achieve new heights in the world of business and startups.

Apply Now

What our customers say about us

Best service ever. Thank you so much for helping me and also understanding my situations. Thank you once again all Tata family.

NAEEM KAMRUDDIN MOMIN

Business Loan | 05 Jun, 2025

Nice communication, no delay. Happy to apply for the loan.

ARIVANNAL S

Business Loan | 24 Jul, 2025

Overall satisfied with Tata Capital services. Quick resolution and courteous customer support.

ANWARULLAH NOORULLAH KHAN

Business Loan | 16 Jul, 2025

I am happy to refer Tata always. People will be satisfied and benefit. Always GREAT in all ways, helping poor people.

D KARUNANITHI

Business Loan | 03 Jul, 2025

Best service ever. Thank you so much for helping me and also understanding my situations. Thank you once again all Tata family.

NAEEM KAMRUDDIN MOMIN

Business Loan | 05 Jun, 2025

Overall satisfied with Tata Capital services. Quick resolution and courteous customer support.

ANWARULLAH NOORULLAH KHAN

Business Loan | 16 Jul, 2025

I am happy to refer Tata always. People will be satisfied and benefit. Always GREAT in all ways, helping poor people.

D KARUNANITHI

Business Loan | 03 Jul, 2025

Best service ever. Thank you so much for helping me and also understanding my situations. Thank you once again all Tata family.

NAEEM KAMRUDDIN MOMIN

Business Loan | 05 Jun, 2025

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