Overview of Business Loan in Alwar, Rajasthan

Alwar, an emerging industrial hub in Rajasthan, supports entrepreneurs and SMEs with accessible business loans. Business loans in Alwar for 2025 provide funding for startups, expansion, or working capital, with interest rates starting at 10.5% p.a. Lenders like Axis Bank, Bajaj Finance, and SBI offer loans up to ₹50 lakh, with tenures up to 5 years. Loanpao helps Alwar business owners compare offers, check eligibility, and apply online, leveraging schemes like MUDRA for eligible applicants.

Eligibility Criteria for Business Loan in Alwar

Criteria Details
Age 21–65 years
Business Turnover Minimum ₹10 lakh p.a.
Credit Score Minimum 700; higher scores improve terms
Business Vintage Minimum 2 years of operation
Residence Valid Alwar address proof

Documents Required for Business Loan in Alwar

  • Identity Proof: Aadhaar, PAN Card, or Voter ID.
  • Address Proof: Utility bill, Aadhaar, or rental agreement (Alwar address).
  • Business Proof: GST certificate, shop license, or Udyam registration.
  • Financial Documents: ITR (last 2 years), profit & loss statement.
  • Bank Statement: Last 6 months’ business account statements.

Benefits of Business Loan in Alwar

  • Loan amounts up to ₹50 lakh for business needs.
  • Competitive interest rates starting at 10.5% p.a. in 2025.
  • Flexible repayment tenures up to 5 years.
  • Collateral-free options for eligible Alwar businesses.
  • Access to government schemes like MUDRA for MSMEs.

Factors Affecting Business Loan in Alwar

Interest Rate

Rates range from 10.5% to 18% p.a., based on credit score and business profile.

Loan Amount

Up to ₹50 lakh, depending on turnover, repayment capacity, and business vintage.

Credit Score

A score above 700 ensures better rates; lower scores may increase costs.

Business Performance

Stable revenue and profitability in Alwar enhance loan approval chances.

How to Apply for a Business Loan in Alwar

Follow these steps to apply for a business loan in Alwar through Loanpao:

  1. Visit loanpao.in and select "Business Loan in Alwar, Rajasthan."
  2. Fill out the online application form with details (business name, Alwar address, turnover).
  3. Upload required documents (Aadhaar, ITR, business proofs).
  4. Compare offers from top Alwar lenders like Axis Bank, Bajaj Finance, and SBI.
  5. Get approval and funds disbursed within 3–7 days in Alwar.

Loan Eligibility for Business Loan in Alwar

Check your eligibility for a business loan in Alwar with Loanpao’s tool:

  • Enter your annual turnover (minimum ₹10 lakh).
  • Provide your credit score (preferably above 700).
  • Specify business vintage (minimum 2 years).
  • Include your Alwar address for localized offers.

Loanpao will assess your eligibility and suggest the best business loan offers in Alwar.

Check Eligibility Now

Track Your Business Loan Application in Alwar

Loanpao provides a seamless tracker for your business loan application:

  • Submit your application ID on the Loanpao Tracker page.
  • Get real-time updates on status (e.g., under review, approved, disbursed).
  • Receive notifications for disbursal updates in Alwar.
  • Contact Loanpao support for assistance with delays in Alwar.
Track Application Now

Business Loan Comparison in Alwar

Compare business loan offers from top lenders in Alwar:

Lender Interest Rate Loan Amount Tenure Processing Fee
Axis Bank 10.5% p.a. Up to ₹50 lakh Up to 5 years 1% of loan amount
Bajaj Finance 11.0% p.a. Up to ₹45 lakh Up to 4 years 2% of loan amount
SBI 11.5% p.a. Up to ₹40 lakh Up to 5 years 0.5% of loan amount

Frequently Asked Questions

A minimum annual turnover of ₹10 lakh is required.

Business loans in Alwar are disbursed within 3–7 days after document verification.

The maximum loan amount is up to ₹50 lakh, based on turnover and credit profile.

Yes, collateral-free loans are available for eligible Alwar businesses.

Missing an EMI may incur late fees and negatively impact your credit score.

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