Overview of Home Loan in Bawal, Rewari

Bawal, an emerging industrial and residential hub in Rewari, Haryana, is a prime location for homebuyers. Home loans in Bawal, Rewari for 2025 offer financing for purchasing, constructing, or renovating homes, with competitive rates starting at 8.50% p.a. Lenders like AAVAS Financiers, Bajaj Housing Finance, and SBI provide loans up to ₹15 crore with tenures up to 30 years. Loanpao helps Bawal residents compare offers, check eligibility, and apply online, leveraging PMAY benefits for eligible applicants.

Eligibility Criteria for Home Loan in Bawal, Rewari

Criteria Details
Age 21 to 65 years
Income Minimum ₹25,000/month (salaried); stable business income (self-employed)
Employment Salaried (2 years experience) or self-employed (3 years business continuity)
Credit Score Minimum 700; higher scores improve terms
Residence Valid Bawal, Rewari address proof

Documents Required for Home Loan in Bawal, Rewari

  • Identity Proof: Aadhaar, PAN Card, Driving License, Passport, or Voter ID.
  • Address Proof: Utility bill, Aadhaar, or rental agreement (Bawal, Rewari address).
  • Income Proof: Salary slips (last 3 months), bank statements (last 6 months), ITR (last 2 years).
  • Property Documents: Sale agreement, title deed, NOC, and approved plan.
  • Photograph: Recent passport-size photograph.

Benefits of Home Loan in Bawal, Rewari

  • Loan amounts up to ₹15 crore for home purchase, construction, or renovation.
  • Competitive interest rates starting at 8.50% p.a. in 2025.
  • Flexible repayment tenures up to 30 years.
  • PMAY subsidies for eligible Bawal, Rewari residents (up to ₹2.67 lakh).
  • Quick disbursal within 15–30 days post-document verification.

Factors Affecting Home Loan in Bawal, Rewari

Interest Rate

Rates range from 8.50% to 12% p.a., based on credit score and lender policies.

Loan Amount

Up to ₹15 crore, depending on income, property value, and repayment capacity.

Credit Score

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

Property Type

Loans for residential properties in Bawal, Rewari’s approved areas are prioritized.

How to Apply for a Home Loan in Bawal, Rewari

Follow these steps to apply for a home loan in Bawal, Rewari through Loanpao:

  1. Visit loanpao.in and select "Home Loan in Bawal, Rewari."
  2. Fill out the online application form with details (name, Bawal, Rewari address, income).
  3. Upload required documents (Aadhaar, salary slips, property papers).
  4. Compare offers from top Bawal, Rewari lenders like AAVAS, Bajaj, and SBI.
  5. Get approval and funds disbursed within 15–30 days in Bawal, Rewari.

Loan Eligibility for Home Loan in Bawal, Rewari

Check your eligibility for a home loan in Bawal, Rewari with Loanpao’s tool:

  • Enter your monthly income (minimum ₹25,000).
  • Provide your credit score (preferably above 700).
  • Specify your employment type (salaried or self-employed).
  • Include your Bawal, Rewari address for localized offers.

Loanpao will assess your eligibility and suggest the best home loan offers in Bawal, Rewari.

Check Eligibility Now

Track Your Home Loan Application in Bawal, Rewari

Loanpao provides a seamless tracker for your home 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 Bawal, Rewari.
  • Contact Loanpao support for assistance with delays in Bawal, Rewari.
Track Application Now

Home Loan Comparison in Bawal, Rewari

Compare home loan offers from top lenders in Bawal, Rewari:

Lender Interest Rate Loan Amount Tenure Processing Fee
AAVAS Financiers 8.50% p.a. Up to ₹1 crore Up to 30 years 0.25–0.50% of loan amount
Bajaj Housing Finance 8.70% p.a. Up to ₹15 crore Up to 32 years 0.50% of loan amount
SBI 8.90% p.a. Up to ₹7 crore Up to 30 years 0.35% of loan amount

Frequently Asked Questions

A minimum monthly income of ₹25,000 is required for a home loan in Bawal, Rewari.

Home loans in Bawal, Rewari are disbursed within 15–30 days after document verification.

The maximum loan amount is up to ₹15 crore, depending on income and property value.

Yes, eligible Bawal, Rewari residents can avail PMAY subsidies up to ₹2.67 lakh.

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

Related Pages