Which Banks Give Loans for Housewives?

Which for housewives?

Applying for a loan is no one’s dream. Everyone wishes to avoid loans if he/she is able to finance his needs through personal limited income but sometimes, there comes a situation when you may need an amount in urgency. It is easy for regular income earners or office going people to apply and avail loan facility but it seems a terrible dream for housewives. Housewives feel, consider and interpret loans as a horrible dream as they know strict terms and conditions that come in their way if they wish to apply for a loan.

However, there is good news that you as a housewife can avail loan facility by following simple and easy methodology.

You must be thinking that for housewives?

So, there is good news that almost every bank grants and issues loans for housewives but you need to understand the process and follow regulations to be able to get loan.

For an application of loan; the very first thing or factor of consideration for a bank or financial institution is your credit history.

Do you have a credit history? Is it good or bad?

Usually, most of housewives don’t have credit history and it becomes their first barrier that hinders their application for a loan. But don’t worry as you are still applicable to avail the facility of loan.

Banks for housewives

Banks for housewives

But which banks give loans for housewives who don’t have a good credit history or no credit history?

Not all banks issue loans in favor of housewives with no credit history or bad credit history or no reliable source of income. Usually, traditional banks will ask for guarantee from your husband and he should have a good credit rating. This way, you can enjoy loan facility and solve your problems.

Which banks give loans?

  • Bank of America
  • HSBC Bank
  • Deutsche Bank
  • FNB Bank
  • Citi Bank

2 thoughts on “Which Banks Give Loans for Housewives?

  1. Navya

    I need a loan of2.5 lac for some medical emergency..but am not employed…I can pay it in course of 2-3 months… please help me regarding this….I am very much in need of money…


Leave a Reply to Navya Cancel reply

Your email address will not be published. Required fields are marked *