Educate a Woman, and her whole family is educated, Similarly, empowering a women to manage her finance, strengths her family's financial situation
Familiarity with basics of personal finance can also help women to avoid costly mistakes Listed some products designed specially for women
Insurance
Insurance provider offer plans designed to cater to the concerns and ailments of women, such as complications during pregnancy, critical illness and so on
Loans
When a women applies for a loan car or housing, banks may offer a lower rate of interest. A joint home loan with female spouse helps on save on income tax and reaps the benefits on the principal (Sec 80c) and interest (Sec 24)
Savings Accounts
Today, bank provide special savings accounts to encourage women to save for financial stability and cater to other needs such as shopping and travelling. These customised saving accounts offer cashback and rewards and many other benefits
Debit and Credit Cards
Depending on income, there are debit and credit cards for women and add-on cards for non- earning women. User can get benefits such as unlimited cash withdrawals and additional discounts and rewards.
From Finance kaaksha