Mahila Money - Loans for Women APKs

Finance for Women - Loans I Invest in P2P I Mutual Funds I Business Support
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3/5 Votes: 20
This app developed by
Mahila.Money
Update Date
Apr 15, 2024
Installations
⇣ 60
Package Name
com.sm.mahilamoney
Requirements
4.4
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com.sm.mahilamoney

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Description

Welcome to Mahila Money!
We offer loans, investment, insurance and business support services to women entrepreneurs through our RBI-licensed NBFC partners.

Our users run - beauty parlours, fashion boutiques, cloth business, tiffin services, pre-school, travel agencies, yoga studios, D2C brands, handicrafts, manufacturing business, kirana stores, E-mitra, retail shops, pickles, agarbatti business & SMEs.

Through a 100% digital application process, you can avail hassle-free, collateral-free loans tailored for women entrepreneurs. Take a loan on your merit. You don’t need any male family member as a co-guarantor, nor do you need your father or husband’s signatures!

We offer you loans for your business. These include working capital loans, asset purchase loans, business expansion loans, SME loans, skilling and starter loans. You can use these loans to increase your revenue or income by investing in your business.

Your business can be a sole proprietorship, partnership or private limited company. Any woman entrepreneur can join the Mahila Money app for free.

On the app you can find Loans, Aditi - P2P investment, Insurance and more to come.

You can also find video interviews and webinars with women entrepreneurs on Mahila Money. You can join the Mahila Money Open House every day on the app - meet other entrepreneurs on a video call and get your doubts resolved.

Key Features of the Mahila Money app

Loans For Women Entrepreneurs
Apply for collateral-free loans through an easy 100% digital process with easy repayment options.

Mahila Money Loan Terms:
Loan Amount: INR 30,000 - INR 10,00,000
Tenure: 6 months to 3 years
Repayment: Monthly
APR and other charges:
Interest rates (APR): Reducing up to 25% per annum
Processing fees (excl. of GST): Up to 5%
A penalty fee may be levied on delayed payments, in accordance with the loan terms and conditions. Additionally, GST will be applicable to all loan transactions under applicable law.

Loan Eligibility:
Indian citizen
Age: 18-55 years
Only for Women; Only for productive/business purposes

If you're considering a loan with Mahila Money, here's an example of what you can expect:
Loan Amount: INR 1,00,000
Tenure: 24 months
Interest Rate* (APR): 25% per annum (Reducing rate)
Processing Fees (excl. GST): INR 2,000
Monthly Repayment Amount: INR 5,337.15
Total Interest Payable: INR 28,092
Total Amount Payable: INR 128,092 (24 equal monthly payments at the end of every month for a duration of 24 months)
*Loan will be granted by one of our RBI-licensed NBFC partners and is subject to NBFC approval.
**Loan disbursal amount differs by every NBFC and usually includes pre-deductions (Eg: Processing Fees and Pre-EMI Interest) which gets deducted from the Approved Loan Disbursal Amount before being credited to the user's account.

Aditi - P2P Investment Option - Grow your wealth @ 9%* per annum
Invest in Mahila Money's Aditi P2P investment plan powered by Rupee Circle, RBI-licensed NBFC-P2P partner and earn 9%* returns per annum! Your invested amount will go into a hyper-diversified pool of borrowers sourced by the Rupee Circle. Invest for 12 months to maximize your returns with easy withdrawal options.

Disclaimer: *Terms and conditions apply - https://www.rupeecircle.com/terms

Open House and Webinars
You can join the Mahila Money Open House every day on the app to speak with experts about your business and finance queries on a video call. Join webinars with accomplished women entrepreneurs.

Our Partners
NBFC Partners for Mahila Money Loans:
Capital Trade Links Limited (https://www.capitaltrade.in/)

RBI-licensed NBFC-P2P Partner for Aditi Investment Plan:
Rupee Circle (https://www.rupeecircle.com/)

Mahila Money can be accessed via the Mahila Money app on Playstore or at https://mahila.money

If you have any questions, please contact us
Whatsapp: +919810198944
Mail: [email protected]
Call: +918095171600

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