Women are integral part of our society. It has been noticed that now women are working in every field of life and now society believes in women empowerment. This is why government at every level are taken steps to facilitate women to start up their own business and taken home loans. They are providing every kind of loans on less interest rate as compared to counterparts. Home loans for women are a step that is taken by the government to give maximum level of ownership rights to women. Now women can take home loans from the banks and build their own heaven.
You have heard that in most of the country’s banks are granting home loans for women on easy terms and condition. Bank of America, HSBC Bank, Citi Bank, Bank of India recently taken step towards women empowerment. They have lessened the amount of interest on home loan and this is only for women living in United Kingdom (UK), United States (America), Australia, Canada or India.
They can now take 7.5 million rupees loan from the state bank of India on 10.10% per year interest rate which is comparatively low to other private banks that give this amount on 10.25%.
This policy was introduced by the SBI in last December and many banking sector experts are surprise to hear the news from the SBI. The other private banks respond positively and the market move positively in this regard. So it means that SBI are providing a lot of happiness to the women in country as they can now build their own home in the city they are living. They are just require about to submit some legal documents to banks. They job documents for formal requirement to access either they are being able to repay the amount or not.
Now all banks are offering home loans for women but the best rate is offered by SBI.
- Bank of America
- HSBC Bank
- Citi Bank
- Bank of India
In which countries banks give “home loans for women” or unemployed housewives?
- United Kingdom (England)
- United States of America (USA)