Rubique

Loans for Women

Only 26% of women in India have bank accounts.Even in modern times, women find it difficult to get

loans on their own. They still require the support of a male family member to procure loans.

Though 40% of entrepreneurs being women, sometimes funding facilities for women are hidden, depriving them

the Business Loan opportunities.

Evidently, the fate of rural women is worse.

Do Your Homework Before Applying For a Loan

To be aware of the various schemes that various banks offer, a comparative study on Rubique is highly

recommended, before you make a decision.

When applying for a loan, it is of immense importance to understand all clauses and financial score at which you

will stand after taking up the loan and the business.

Offer a Realistic Business Projection

You will need a business report made by an expert or a chartered accountant to • project business facts and figures• investment • revenue and working overheads • break-even point.

For sanctioning the loan, the bank needs to be convinced that you will be able to run the business.

Find Your Peers

NGOs, Microfinance institutions and self-help groups help women to connect with other women

entrepreneurs and they act as an informal advisory council.

Bharatiya Mahila Group (BMB)

Launched in 2013, this 'women only' bank is just the beginning, opening doors for many such.

So, the BMB provides collateral-free loans for amounts up to ₹ 1 crore, which will instead be covered under the

Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).

Businesses that are likely to be funded under the Woman Loan Scheme are:

Tailoring Boutique STD Booths Agencies of Telecom Services Providers setting up Beauty Parlor Cyber café Crèche and Kindergarten school

Get the Best Deal

Trust Rubique for special loans. Be well informed through them and get the best and

authentic information for your financial requirements. Once you know what exactly

suits your need, getting a loan becomes just a matter of Click > Compare >Choose.

Thank You