Overview of Industrial Loan in Bawal, Rewari
Industrial loans in Bawal, Rewari provide financing for businesses to set up, expand, or modernize industrial units, including factories, warehouses, and manufacturing facilities. , industrial loans start at 7.50% p.a., with loan amounts up to ₹100 crore for large-scale projects. Lenders like SIDBI, SBI, and HDFC Bank in Bawal, Rewari offer tailored solutions for machinery purchase, infrastructure development, and working capital. Loanpao simplifies the process by comparing offers, verifying eligibility, and enabling online applications with approvals in 10–15 days.
Eligibility Criteria for Industrial Loan in Bawal, Rewari
| Criteria | Details |
|---|---|
| Business Type | Manufacturing, processing, or industrial service units |
| Business Age | Minimum 2 years of operation |
| Annual Turnover | ₹50 lakh+ (varies by lender) |
| Residence/Location | Registered business address in Bawal, Rewari |
| Credit Score | 700+ preferred for competitive rates |
Documents Required for Industrial Loan in Bawal, Rewari
- Business Proof: GST registration, Udyog Aadhaar, or company registration certificate.
- Identity Proof: Aadhaar, PAN Card of business owners/directors.
- Address Proof: Utility bill or rental agreement for Bawal, Rewari business address.
- Financial Documents: ITR (2 years), balance sheets, profit & loss statements.
- Project Report: Detailed business plan or project proposal for loan purpose.
- Collateral Documents (if applicable): Property papers for secured loans.
Benefits of Industrial Loan in Bawal, Rewari
- Competitive interest rates starting at 7.50% p.a. .
- High loan amounts up to ₹100 crore for large industrial projects.
- Flexible tenures up to 15 years for affordable repayments.
- Support for machinery, infrastructure, and working capital needs.
- Quick approvals within 10–15 days in Bawal, Rewari.
Factors Affecting Industrial Loan in Bawal, Rewari
Interest Rate
Rates range from 7.50% to 12% p.a., depending on credit score, business financials, and collateral.
Loan Amount
Determined by project cost, business turnover, and repayment capacity (up to ₹100 crore).
Credit Score
A score of 700+ ensures better terms; lower scores may increase rates or require collateral.
Collateral
Secured loans with property or assets offer lower rates in Bawal, Rewari.
How to Apply for an Industrial Loan in Bawal, Rewari
Follow these steps to apply for an industrial loan in Bawal, Rewari through Loanpao:
- Visit loanpao.in and select "Industrial Loan in Bawal, Rewari."
- Complete the online application with business details (name, Bawal, Rewari address, turnover).
- Upload required documents (GST registration, financials, project report).
- Compare offers from top lenders like SIDBI, SBI, and HDFC Bank in Bawal, Rewari.
- Secure approval and disbursal within 10–15 days.
Loan Eligibility for Industrial Loan in Bawal, Rewari
Check your eligibility for an industrial loan in Bawal, Rewari with Loanpao’s tool:
- Enter business details (type, age, annual turnover).
- Provide financials (ITR, balance sheets).
- Include Bawal, Rewari business address for localized offers.
- Specify loan purpose (machinery, expansion, or working capital).
Loanpao will evaluate your eligibility and recommend the best industrial loan offers in Bawal, Rewari.
Check Eligibility NowTrack Your Industrial Loan Application in Bawal, Rewari
Loanpao offers a seamless tracker for your industrial loan application:
- Enter your application ID on the Loanpao Tracker page.
- Receive real-time updates on status (e.g., under review, approved, disbursed).
- Get notifications for loan disbursal in Bawal, Rewari.
- Contact Loanpao support for assistance with delays in Bawal, Rewari.
Industrial Loan Comparison in Bawal, Rewari
Compare industrial loan offers from top lenders in Bawal, Rewari:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SIDBI | 7.50% p.a. | Up to ₹100 crore | Up to 15 years | 0.5% of loan amount |
| SBI | 8.00% p.a. | Up to ₹50 crore | Up to 12 years | 0.75% of loan amount |
| HDFC Bank | 8.25% p.a. | Up to ₹75 crore | Up to 10 years | 1% of loan amount |
Frequently Asked Questions
Industrial loans can finance machinery purchase, factory setup, expansion, infrastructure development, or working capital in Bawal, Rewari.
Industrial loans in Bawal, Rewari are typically processed within 10–15 days after approval.
Loan amounts can go up to ₹100 crore, depending on the project and lender policies.
Collateral is often required for large loans but may be waived for smaller amounts or government-backed schemes.
New businesses may apply but typically need a strong project report and collateral; established businesses (2+ years) have better approval chances.
Yes, schemes like MUDRA and SIDBI’s growth capital schemes support industrial loans in Bawal, Rewari, offering subsidies or lower rates.