Overview of Corporate Loan in Mahendragarh
Corporate loans in Mahendragarh cater to large businesses and corporations, supporting expansion, working capital, and infrastructure development in a district with a population of ~921,680 and a predominantly rural area (963.70 km²). In 2025, these loans offer up to ₹10 crore with interest rates starting at 9% p.a. and tenures up to 20 years. With growing commercial activity in areas like Narnaul and Ateli, Loanpao partners with lenders like HDFC Bank, ICICI Bank, and SBI for approvals within 10–20 days.
Eligibility Criteria for Corporate Loan in Mahendragarh
| Criteria | Details |
|---|---|
| Entity Type | Private limited companies, LLPs, or public limited companies |
| Age | Directors aged 21–65 years |
| Business Turnover | Minimum ₹1 crore p.a. |
| Business Vintage | At least 3 years of operation in Mahendragarh or nearby areas |
| Credit Score | 750+ preferred; 700+ may qualify with higher rates |
| Purpose | Expansion, working capital, or infrastructure development |
Documents Required for Corporate Loan in Mahendragarh
- Identity Proof: Aadhaar, PAN Card, or Voter ID of directors.
- Address Proof: Utility bill, Aadhaar, or rental agreement for Mahendragarh business address.
- Business Proof: GST registration, company incorporation certificate, or MoA/AoA.
- Financial Documents: ITR (3 years), audited balance sheet, profit & loss statement, bank statements (12 months).
- Collateral Documents: Property papers or asset details (if secured loan).
- Business Plan: Detailed plan outlining loan purpose and repayment strategy.
Benefits of Corporate Loan in Mahendragarh
- Competitive interest rates starting at 9% p.a. in 2025.
- High loan amounts up to ₹10 crore for business growth.
- Flexible tenures up to 20 years for manageable repayments.
- Quick processing within 10–20 days via Loanpao’s platform.
- Options for both secured and unsecured corporate loans.
Factors Affecting Corporate Loan in Mahendragarh
Interest Rate
Rates range from 9% to 15% p.a., based on credit rating, turnover, and collateral.
Collateral
Secured loans with assets like property or equipment offer lower rates; unsecured loans have higher rates.
Financial Health
Strong revenue, profitability, and debt-to-equity ratio improve loan terms.
Credit Rating
Corporate credit ratings above 750 secure better rates; lower ratings may increase costs.
How to Apply for a Corporate Loan in Mahendragarh
Follow these steps to apply for a corporate loan in Mahendragarh through Loanpao:
- Visit loanpao.in and select "Corporate Loan in Mahendragarh."
- Fill out the application with business and director details.
- Upload required documents (Aadhaar, PAN, financials, business plan).
- Select a lender (e.g., HDFC Bank, SBI) and loan type (secured/unsecured).
- Receive approval and funds within 10–20 days after verification.
Loan Eligibility for Corporate Loan in Mahendragarh
Check your eligibility for a corporate loan in Mahendragarh with Loanpao’s tool:
- Enter business details (turnover, vintage, Mahendragarh address).
- Provide financial details (ITR, audited financials).
- Submit for instant eligibility results based on lender criteria.
Loanpao matches you with the best corporate loan offers in Mahendragarh.
Check Eligibility NowTrack Your Corporate Loan Application in Mahendragarh
Loanpao offers a seamless tracker for your corporate loan application:
- Enter your application ID on the Loanpao Tracker page.
- Receive real-time updates on status (e.g., document verification, approved, disbursed).
- Get notifications for fund disbursal in Mahendragarh.
- Contact Loanpao support for assistance with delays in Mahendragarh.
Corporate Loan Comparison in Mahendragarh
Compare corporate loan offers from top lenders in Mahendragarh:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| HDFC Bank | 9% p.a. | Up to ₹10 crore | Up to 20 years | 0.5% of loan amount |
| ICICI Bank | 9.5% p.a. | Up to ₹7.5 crore | Up to 15 years | 0.75%–1% of loan amount |
| SBI | 10% p.a. | Up to ₹5 crore | Up to 12 years | Up to 1% of loan amount |
Frequently Asked Questions
Private limited companies, LLPs, or public limited companies involved in manufacturing, services, or trading.
Approvals typically take 10–20 days, depending on document verification and collateral assessment.
Up to ₹10 crore, based on business turnover, financial health, and collateral.
Yes, unsecured loans are available but come with higher interest rates and stricter eligibility criteria.
Yes, most lenders allow prepayment with minimal or no charges after a lock-in period, per their policies.
Default may lead to seizure of collateral (for secured loans) or legal action by the lender, per RBI guidelines.