Women are termed as the homemakers in our society. Keeping this in mind and to empower women, various institutions have decided to keep it easier for women by providing them with additional benefits while buying their homes.
This step would give women independence and confidence in the financial matters to great extent. With these benefits women could find it easier to own a house, leading to their financially secured futures.
Some of the benefits provided by the banks and other institutions to women buying their house are:
This would, in turn, result in lighter EMIs Equated Monthly Installments and thus could be proved beneficial for women. Here is the comparison of the rate of interests provided by different leading banks to men and women.
With the above benefits, institutions have helped women in buying their own house and securing their futures. This has not only helped them financially but also increased their social status with a more active participation in the financial matters of household and property ownership.
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