Financial Products Exclusively For Women


Insurance policy benefits:

There are special insurance policies for women like LIC’s Jeevan Bharati policy, Birla Sun Life Woman First, Smapoorna Samridhi form HDFC.

LIC’s Jeevan Bharati policy and Birla Sun Life Woman First covers pregnancy and children born with congenital diseases along with women related illness.

HDFC‘s Smapoorna Samridhi offers the dual benefits of a life and endowment plan to women. Women also receive a superior amount at maturity at the end of the term policy as well as a maturity amount on death up to the age of 99.

Other banking products:

Women also enjoy the benefits on loan products like SBI offers special home loan rates to womenwhere the rate I s10.15 percent for others women pay at the rate of 10.10 percent for loans up to 75 lakh.

For loans above 75 lakh women pay only at the rate of 10.25 percent where others pay at 10.30 percent.

Apart from home loans some banks offer cheaper educational loans for women students, special loan scheme for women to buy jewellery at cheaper price.

READ MORE: Important Money Lessons to Learn Before College

Top 5 Money Lessons No One Will Tell You