TERA MERA GHAR SHUBH UDYOGINI SCHEME FOR WOMEN

An Easy Loan Scheme for Self-Employed Women or Women Business Owners

As India’s economy grows, the surge in opportunities have also brought about an increase in women’s participation to the workforce.

MSMEs led by women entrepreneurs have risen from 2.15 lakhs to 1.23 crore in the last 10 years. As the number of entrepreneurs rise, so will their requirement to funds, to scale and grow their businesses. Ensuring availability of funds, to help women-led businesses grow, will be of paramount importance to India.

With a view to help these aspiring women entrepreneurs scale their business, Tera Mera Ghar introduced Tera Mera Ghar Shubh Udyogini – an easy Loan Against Property for women entrepreneurs or self-employed women

KEY FEATURES OF TERA MERA GHAR SHUBH UDYOGINI SCHEME


  • - Discount of 0.25% on the interest rate as compared to the regular interest rates on loan against property
  • - A longer loan tenure of up to 15 years to support easy repayments
  • - Easy documentation to help women receive funds faster
  • - Substantial loan value up to maximum 15 lakhs
  • - This loan is provided to women to expand their businesses and can be used for any purpose such as:
  • Construction of new shop, factory or warehouse
  • Renovation of existing shop, factory or warehouse
  • As working capital to capitalise on business growth opportunities

To pay off or restructure existing loans into better loans

Home Loan Interest Rate FAQs

An interest rate between 12.75% - 44% on a Home Loan is a good and affordable interest rate.

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Although the interest rate varies from lender to lender, the lowest rate of interest on a Home Loan is 12.75%

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It is when the loan interest rates remain unchanged throughout the loan tenure or repayment cycle.

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You can use TERA MERA GHAR HOUSING INDIA PRIVATE LIMITED AN ISO 9001 : 2008 Finance’s Home Loan EMI calculator, which will calculate the total interest payout based on selected factors such as the loan amount and tenure.

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The fixed interest rate on a Home Loan remains unchanged throughout the loan tenure. A floating interest rate fluctuates throughout the loan tenure.

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The interest rate on Rs. 1 lakh loan would entirely depend on the chosen loan tenure. If the tenure is less, the interest will be higher, while it will be lower if the chosen tenure is higher.

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The stamp duty charge is usually 0.1% on the total loan amount if the loan amount is less than Rs 10 lakhs.

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