What to expect
- Home loan rate concessions of around 0.05% are common for women applicants
- Stamp duty is 1 to 2 percentage points lower in several states, including Delhi, Haryana and Punjab
- Adding a woman as co-applicant can secure both benefits on a joint purchase
- Some lenders run dedicated schemes for women entrepreneurs at reduced rates
Documents you will need
- PAN and Aadhaar
- Income proof — salary slips or ITR
- Last 6 months bank statements
Work out the numbers first
Before you apply anywhere, check what your income supports with the eligibility calculator, and what it will cost with the EMI calculator. Applying blind and being declined leaves a mark on your credit file that the next lender can see.