Overview of Industrial Loan in Greater Faridabad
Industrial loans in Greater Faridabad for 2025 support businesses with funds for factory setup, expansion, or equipment purchase. Loanpao offers loans up to ₹5 crore with interest rates starting at 9% p.a., processed within 7–15 days.
Eligibility Criteria for Industrial Loan in Greater Faridabad
| Criteria | Details |
|---|---|
| Business Age | Minimum 3 years of operation |
| Turnover | Minimum ₹5 crore annually |
| Credit Score | Minimum 700 |
| Collateral | Property or assets in Greater Faridabad |
| Location | Business registered in Greater Faridabad |
Documents Required for Industrial Loan in Greater Faridabad
- Identity Proof: PAN Card, Aadhaar Card of business owners.
- Address Proof: Utility bill or rental agreement for Greater Faridabad business premises.
- Business Proof: GST registration, Udyam certificate, or company incorporation documents.
- Financial Proof: ITR and audited financials (last 2 years).
- Project Plan: Detailed project report or expansion plan.
- Collateral Documents: Property papers or asset valuation reports.
- Bank Statement: Last 12 months of business account.
Benefits of Industrial Loan in Greater Faridabad
- Loan amounts up to ₹5 crore for industrial projects.
- Competitive interest rates starting at 9% p.a. in 2025.
- Flexible repayment tenures from 3 to 15 years.
- Collateral-based loans with property or assets as security.
- Support for factory setup, expansion, or modernization in Greater Faridabad.
Factors Affecting Industrial Loan in Greater Faridabad
Business Turnover
Annual turnover of ₹5 crore or more strengthens loan eligibility.
Credit Score
A score above 700 ensures better rates and approval chances.
Project Viability
A detailed and feasible project plan increases lender confidence.
Collateral Value
High-value assets or property in Greater Faridabad boost loan amounts.
How to Apply for an Industrial Loan in Greater Faridabad
Follow these steps to apply for an industrial loan in Greater Faridabad through Loanpao:
- Visit loanpao.in and select "Industrial Loan in Greater Faridabad."
- Fill out the online application with business and project details.
- Upload required documents (ID, financials, project plan, collateral papers).
- Compare lender offers tailored for Greater Faridabad businesses.
- Receive approval and funds disbursed within 7–15 days.
Loan Eligibility for Industrial Loan in Greater Faridabad
Check your eligibility for an industrial loan in Greater Faridabad with Loanpao’s tool:
- Confirm business operation for at least 3 years.
- Verify annual turnover of ₹5 crore or more.
- Ensure a credit score of 700 or above.
- Provide collateral (property/assets) and proof of Greater Faridabad registration.
Loanpao will match you with the best industrial loan offers in Greater Faridabad.
Check Eligibility NowTrack Your Industrial Loan Application in Greater Faridabad
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 Greater Faridabad.
- Contact Loanpao support for assistance with delays in Greater Faridabad.
Industrial Loan Comparison in Greater Faridabad
Compare industrial loan offers from top lenders in Greater Faridabad:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| Lender A | 9.00% p.a. | Up to ₹2 crore | 3–10 years | 1% of loan amount |
| Lender B | 9.50% p.a. | Up to ₹5 crore | 3–15 years | 1.5% of loan amount |
| Lender C | 9.25% p.a. | Up to ₹3 crore | 3–12 years | 1.2% of loan amount |
Frequently Asked Questions
An industrial loan supports businesses in Greater Faridabad for factory setup, expansion, or equipment purchase.
Industrial loans are processed within 7–15 days after approval.
The maximum loan amount is up to ₹5 crore, based on turnover and collateral.
Yes, industrial loans require property or assets as collateral.
Defaulting may lead to seizure of collateral, credit score damage, or legal action by the lender.