India Budget 2026: New Women-Focused Credit & Insurance Schemes Expected

India Budget 2026 is expected to prioritize women’s financial empowerment, with new credit and insurance schemes linked to Jan Dhan accounts. Customized loan products, women-focused insurance, and improved grievance redressal are on the cards to strengthen financial inclusion.

Women-Centric Financial Measures in Budget 2026

The upcoming Union Budget for FY27 may focus on empowering women financially. Officials familiar with the matter suggest that the government is planning stronger credit and insurance linkages through Jan Dhan accounts, aiming to improve access and protection for women across India.

Customized Credit Cards, Loans, and Insurance for Women

Sources reveal that the budget may introduce:

• Women-focused credit cards tailored to financial habits and spending needs

• Loan products for first-time entrepreneurs and rural enterprises

• Insurance plans designed specifically for women, with better coverage options

“These measures will build on the FY26 initiatives, such as the Grameen Credit Score and targeted credit support for first-time entrepreneurs,” an official said.

Supporting Rural Enterprises and Self-Help Groups (SHGs)

The government is actively considering measures to strengthen credit access for SHGs and rural enterprises, ensuring financial inclusion reaches even remote areas. These steps may include simplified loan access, lower interest rates, and better support for women-led businesses.

PMJDY and Jan Suraksha Evaluation

Officials note that Niti Aayog is evaluating the Pradhan Mantri Jan Dhan Yojana (PMJDY) to activate dormant accounts and incentivize account holders. Proposed measures include:

• Boosting insurance coverage and credit access for PMJDY account holders

• Providing policyholders options for enhanced insurance protection

• Aiming for 100% PMJDY account saturation by addressing inactivity and financial literacy gaps

“This is part of aligning the government’s financial inclusion initiatives with its vision of Viksit Bharat by 2047,” said an official.

Strengthening Financial Grievance Redressal

The budget may also address insurance claims and unclaimed funds through more robust regulatory oversight, ensuring women have easier access to grievance redressal mechanisms. This reflects the government’s ongoing focus on customer-oriented financial initiatives.

Key Takeaways for Women’s Financial Empowerment

• Introduction of customized credit and insurance schemes for women

• Activation and incentives for dormant Jan Dhan accounts

• Credit access expansion for rural enterprises and SHGs

• Strengthened insurance claim grievance redressal

• Alignment of PMJDY with Viksit Bharat 2047 goals