Overview of Industrial Loan in Ballabgarh

Industrial loans in Ballabgarh, a major industrial hub in Haryana’s Faridabad district, support businesses in setting up factories, expanding operations, or purchasing machinery. In 2025, these loans offer interest rates starting at 9.00% p.a., with loan amounts up to ₹5 crore for eligible businesses. Lenders like SIDBI, Punjab National Bank, and HDFC Bank provide tenures from 3 to 15 years. Loanpao simplifies the process for Ballabgarh entrepreneurs with eligibility checks, lender comparisons, and online applications.

Eligibility Criteria for Industrial Loan in Ballabgarh

Criteria Details
Business Type Proprietorship, partnership, or registered company
Business Vintage Minimum 3 years of operations
Annual Turnover Minimum ₹50 lakh p.a.
Residence Business registered in Ballabgarh or nearby areas
Credit Score 700 or above preferred

Documents Required for Industrial Loan in Ballabgarh

  • Identity Proof: Aadhaar, PAN Card of business owner/partners.
  • Address Proof: Utility bill or rental agreement (Ballabgarh business address).
  • Business Proof: GST registration, Udyam registration, or partnership deed.
  • Financial Documents: ITR, balance sheet, and profit/loss statement (last 2 years).
  • Bank Statements: Business account statements (last 12 months).
  • Project Report: Detailed plan for factory setup or expansion.

Benefits of Industrial Loan in Ballabgarh

  • Loan amounts up to ₹5 crore for factory setup or expansion.
  • Competitive interest rates starting at 9.00% p.a. in 2025.
  • Flexible repayment tenures from 3 to 15 years.
  • Collateral-based or unsecured options depending on lender.
  • Quick disbursal within 15–30 days in Ballabgarh.

Factors Affecting Industrial Loan in Ballabgarh

Interest Rate

Rates range from 9.00% to 14% p.a., based on business profile and credit score.

Collateral

Secured loans require property or machinery as collateral, affecting loan amount.

Credit Score

A score above 700 improves approval chances and terms.

Business Financials

Strong turnover and profitability ensure better loan terms.

How to Apply for an Industrial Loan in Ballabgarh

Follow these steps to apply for an industrial loan in Ballabgarh through Loanpao:

  1. Visit loanpao.in and select "Industrial Loan in Ballabgarh."
  2. Fill out the online application form with business details (name, Ballabgarh address, turnover).
  3. Upload required documents (GST registration, financials, project report).
  4. Compare offers from top Ballabgarh lenders like SIDBI, Punjab National Bank, and HDFC Bank.
  5. Get funds disbursed within 15–30 days after approval.

Loan Eligibility for Industrial Loan in Ballabgarh

Check your eligibility for an industrial loan in Ballabgarh with Loanpao’s tool:

  • Enter business details (type, vintage, turnover).
  • Provide Ballabgarh business address for localized offers.
  • Submit financial details (₹50 lakh p.a. turnover minimum).
  • Include credit score (700+ preferred) and collateral details if applicable.

Loanpao will assess your eligibility and suggest the best industrial loan offers in Ballabgarh.

Check Eligibility Now

Track Your Industrial Loan Application in Ballabgarh

Loanpao provides a seamless tracker for your industrial 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 Ballabgarh.
  • Contact Loanpao support for assistance with delays in Ballabgarh.
Track Application Now

Industrial Loan Comparison in Ballabgarh

Compare industrial loan offers from top lenders in Ballabgarh:

Lender Interest Rate Loan Amount Tenure Processing Fee
SIDBI 9.00% p.a. Up to ₹5 crore 3–15 years 0.5%–1% of loan amount
Punjab National Bank 9.50% p.a. Up to ₹3 crore 3–10 years 0.75%–1.5% of loan amount
HDFC Bank 10.00% p.a. Up to ₹2 crore 3–12 years 1%–2% of loan amount

Frequently Asked Questions

Industrial loans can finance factory setup, expansion, machinery purchase, or working capital.

Industrial loans are disbursed within 15–30 days after approval in Ballabgarh.

Up to ₹5 crore, depending on the lender and business financials.

Collateral is required for most industrial loans, but some lenders offer unsecured options.

Startups with less than 3 years of operations may face stricter eligibility criteria but can apply with strong financials.

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