Overview of Project Loan in Bawal, Rewari
Project loans in Bawal, Rewari provide funding for large-scale business ventures, infrastructure development, or industrial expansions. In 2025, these loans start at 9% p.a., with amounts up to ₹5 crore, depending on the project’s scope and viability. Lenders like HDFC Bank, SBI, and IDFC First Bank in Bawal, Rewari offer customized financing, often supported by government initiatives like Make in India or MSME schemes. Loanpao streamlines the process with lender comparisons, eligibility checks, and online applications, ensuring disbursal within 15–30 days.
Eligibility Criteria for Project Loan in Bawal, Rewari
| Criteria | Details |
|---|---|
| Applicant Type | Businesses, corporates, or MSMEs |
| Age | 21–65 years (for key promoters) |
| Business Experience | Minimum 3 years in operation |
| Residence | Registered office or operations in Bawal, Rewari |
| Credit Score | 700+ preferred for better terms |
Documents Required for Project Loan in Bawal, Rewari
- Identity Proof: Aadhaar, PAN Card, or Voter ID of promoters.
- Address Proof: Utility bill or rental agreement for Bawal, Rewari office.
- Business Proof: GST registration, company incorporation certificate, or MSME certificate.
- Project Report: Detailed project plan, cost estimates, and revenue projections.
- Financial Documents: ITR (3 years), audited balance sheets, bank statements (12 months).
- Collateral Documents: Property or asset papers for secured loans.
Benefits of Project Loan in Bawal, Rewari
- Competitive interest rates starting at 9% p.a. in 2025.
- High loan amounts up to ₹5 crore for large-scale projects.
- Flexible repayment tenures from 3 to 15 years.
- Support for diverse projects (e.g., manufacturing, infrastructure, renewable energy).
- Disbursal within 15–30 days in Bawal, Rewari.
Factors Affecting Project Loan in Bawal, Rewari
Interest Rate
Rates range from 9% to 15% p.a., based on credit score, project viability, and collateral.
Loan Amount
Up to 75% of the project cost, capped at ₹5 crore.
Credit Score
A score of 700+ secures better rates; lower scores may increase costs or require collateral.
Collateral
Most project loans require assets like property or equipment as security.
How to Apply for a Project Loan in Bawal, Rewari
Follow these steps to apply for a project loan in Bawal, Rewari through Loanpao:
- Visit loanpao.in and select "Project Loan in Bawal, Rewari."
- Fill out the online application with business and project details (company name, Bawal, Rewari address, project scope).
- Upload required documents (ID, business proof, project report, financials).
- Compare offers from lenders like HDFC Bank, SBI, and IDFC First Bank in Bawal, Rewari.
- Secure approval and funds within 15–30 days.
Loan Eligibility for Project Loan in Bawal, Rewari
Check your eligibility for a project loan in Bawal, Rewari with Loanpao’s tool:
- Enter business details (type, years in operation, Bawal, Rewari address).
- Provide project details (scope, cost, expected revenue).
- Submit financial documents (ITR, balance sheets).
- Specify loan amount and collateral (if applicable).
Loanpao will assess your eligibility and recommend the best project loan offers in Bawal, Rewari.
Check Eligibility NowTrack Your Project Loan Application in Bawal, Rewari
Loanpao provides a seamless tracker for your project 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 fund disbursal in Bawal, Rewari.
- Contact Loanpao support for assistance with delays in Bawal, Rewari.
Project Loan Comparison in Bawal, Rewari
Compare project loan offers from top lenders in Bawal, Rewari:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| HDFC Bank | 9% p.a. | Up to ₹5 crore | 3–15 years | 1.5% of loan amount |
| State Bank of India | 9.5% p.a. | Up to ₹3 crore | 3–12 years | 1% of loan amount |
| IDFC First Bank | 10% p.a. | Up to ₹2 crore | 3–10 years | 1.25% of loan amount |
Frequently Asked Questions
Project loans can finance manufacturing units, infrastructure projects, renewable energy setups, or industrial expansions in Bawal, Rewari.
Project loans are typically processed within 15–30 days in Bawal, Rewari, depending on project complexity.
Loan amounts can go up to ₹5 crore, covering up to 75% of the project cost.
Yes, most project loans require collateral like property or project assets to secure funding.
New businesses with less than 3 years of operation may face challenges but can apply with a strong project report and collateral.
Yes, schemes like Make in India, MSME financing, and SIDBI’s project funding support large-scale projects in Bawal, Rewari.