Overview of MSME Loan in Sector 64, Faridabad

Loanpao offers MSME Loans in Sector 64, Faridabad for 2025, ideal for micro, small, and medium enterprises. With rates from 11% p.a., loans up to ₹20 lakh, and tenures up to 7 years, fund business expansion, equipment purchase, or working capital.

Eligibility for MSME Loan in Sector 64, Faridabad

Criteria Details
Applicant Type MSME owners (proprietorship, partnership, or company) in Sector 64
Business Age Minimum 2 years
Annual Turnover Minimum ₹10 lakh
Credit Score 700 or above preferred
Business Registration Valid GST registration or MSME certificate

Documents Required for MSME Loan in Sector 64, Faridabad

  • Identity Proof: Aadhaar, PAN card of business owner.
  • Address Proof: Utility bill or Rental Agreement for Sector 64 business address.
  • Business Proof: GST registration, MSME certificate, or Shop Act license.
  • Financials: 2 years’ ITR, balance sheet, and profit/loss statement.
  • Bank Statements: 12 months’ business bank statements.
  • Photographs: 2 passport-sized photos of the owner.

Benefits of MSME Loan in Sector 64, Faridabad

  • Competitive rates starting at 11% p.a. for affordable EMIs.
  • Loans up to ₹20 lakh for MSME growth in Sector 64.
  • Flexible tenures up to 7 years to suit your business plan.
  • Funds for expansion, equipment, or working capital in 2025.
  • Fast approval within 3-5 days in Faridabad.
  • Online application with e-KYC for seamless experience.
  • Loanpao’s expert support for MSME loans in Sector 64.

Factors Affecting MSME Loan Approval in Sector 64

Credit Score

A score above 700 ensures better approval chances and lower rates.

Business Turnover

Annual turnover of ₹10 lakh or more strengthens applications.

Business Age

At least 2 years of operation improves approval prospects.

Debt-to-Income Ratio

Lower existing debts enhance eligibility for higher loan amounts.

How to Apply for MSME Loan in Sector 64, Faridabad

Secure an MSME Loan in Sector 64, Faridabad with these steps:

  1. Visit loanpao.in and select "MSME Loan Sector 64, Faridabad."
  2. Fill out the online application form.
  3. Upload identity, address, business proof, financials, bank statements, and photos.
  4. Complete e-KYC verification for Sector 64 applicants.
  5. Get approval within 3-5 days and grow your business!

Check MSME Loan Eligibility in Sector 64, Faridabad

Verify your eligibility for MSME Loans with Loanpao:

  • Confirm minimum annual turnover of ₹10 lakh.
  • Ensure credit score of 700+ and low existing debts.
  • Verify business operation for at least 2 years.
  • Provide business registration and financial documents for quick evaluation.

Loanpao instantly evaluates your eligibility for MSME Loans in Faridabad.

Check Eligibility Now

Track Your MSME Loan Application in Sector 64, Faridabad

Monitor your loan application with Loanpao’s tracker:

  • Enter your application ID on the Loanpao Tracker page.
  • View real-time status (e.g., under review, approved, disbursed).
  • Receive updates on e-KYC and document verification in Sector 64.
  • Contact Loanpao for support with delays in Faridabad.
Track Application Now

Compare MSME Loans in Sector 64, Faridabad

Explore top MSME Loan options in Sector 64, Faridabad for 2025:

Provider Interest Rate Loan Amount Tenure Processing Fee
Loanpao MSME Loan 11% p.a. Up to ₹20 lakh Up to 7 years 1% of loan amount
Bank A 11.5% p.a. Up to ₹15 lakh Up to 5 years 1.5% of loan amount
Bank B 12% p.a. Up to ₹10 lakh Up to 4 years 2% of loan amount

FAQs on MSME Loans in Sector 64, Faridabad

MSME owners (proprietorship, partnership, or company) in Sector 64 with 2+ years of operation and ₹10 lakh turnover.

Rates start at 11% p.a., depending on credit score, turnover, and business profile.

Approvals take 3-5 days, depending on document verification.

Loanpao offers up to ₹20 lakh for MSME Loans in Sector 64, Faridabad.

Identity proof, address proof, GST/MSME certificate, 2 years’ ITR, balance sheet, 12 months’ bank statements, and 2 photographs.

Yes, Loanpao offers online applications with e-KYC for Sector 64 applicants.

Missing an EMI may incur penalties and affect your credit score, impacting future loans.

Funds can be used for business expansion, equipment purchase, or working capital in Sector 64.

Tenures can extend up to 7 years, depending on the loan amount and business profile.

Loanpao offers zero or low prepayment charges, depending on the loan terms.