Overview of Business Loan in Manesar
A business loan in Manesar provides financial support for entrepreneurs and MSMEs to expand operations, purchase equipment, or manage working capital. In 2025, lenders like SBI, HDFC, and Bajaj Finance offer business loans in Manesar with interest rates starting at 11% per annum. Loanpao helps you compare offers, check eligibility, and apply seamlessly for a business loan tailored to Manesar’s growing industrial hub.
Eligibility Criteria for Business Loan in Manesar
| Criteria | Details |
|---|---|
| Age | 21 to 65 years |
| Residency | Resident of India with valid address proof in Manesar |
| Business Turnover | Minimum ₹10 lakh annually |
| Business Vintage | Minimum 2 years of operations |
| Credit Score | Minimum 650 preferred |
| Income | Profitable business with stable cash flow |
Documents Required for Business Loan in Manesar
- Identity Proof: Aadhaar Card, PAN Card, or Passport.
- Address Proof: Utility bill, Aadhaar, or Rental Agreement (Manesar address).
- Business Proof: GST registration, Shop Act License, or Udyam Registration.
- Financial Documents: ITR (last 2 years), Profit & Loss Statement, Balance Sheet.
- Bank Statement: Last 6 months’ business bank statements.
- Photographs: 2 passport-sized photographs.
Benefits of Business Loan in Manesar
- Competitive interest rates starting at 11% per annum in 2025.
- Loan amounts up to ₹50 lakh for MSMEs in Manesar.
- Quick disbursal within 3-7 days from lenders like SBI and Bajaj Finance.
- Flexible repayment tenure of up to 7 years.
- Collateral-free options available for eligible businesses.
Factors Affecting Business Loan in Manesar
Interest Rate
Rates range from 11% to 18%, depending on credit score, business turnover, and collateral.
Loan Amount
Up to ₹50 lakh, based on business turnover and financial stability in Manesar.
Credit Score
A score above 650 ensures better terms in Manesar.
Business Performance
Higher turnover and profitability increase loan eligibility.
How to Apply for a Business Loan in Manesar
Follow these steps to apply for a business loan in Manesar through Loanpao:
- Visit loanpao.in and select "Business Loan in Manesar."
- Fill out the online application form with your details (name, Manesar address, business turnover).
- Upload required documents (Aadhaar, PAN, ITR, business proofs).
- Compare offers from top Manesar lenders like SBI, HDFC, and Bajaj Finance.
- Get approval and funds disbursed within 3-7 days in Manesar.
Loan Eligibility for Business Loan in Manesar
Check your eligibility for a business loan in Manesar with Loanpao’s eligibility tool:
- Enter your annual business turnover (minimum ₹10 lakh).
- Provide your credit score (preferably above 650).
- Specify your business vintage (minimum 2 years).
- Include your Manesar address for localized offers.
Loanpao will instantly assess your eligibility and suggest the best business loan offers in Manesar.
Check Eligibility NowTrack Your Business Loan Application in Manesar
Loanpao provides a seamless tracker for your business loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on your application status (e.g., under review, approved, disbursed).
- Receive notifications for disbursal updates in Manesar.
- Contact Loanpao support for assistance with delays in Manesar.
Business Loan Comparison in Manesar
Compare business loan offers from top lenders in Manesar:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SBI | 11% p.a. | Up to ₹40 lakh | Up to 7 years | 1% of loan amount |
| HDFC | 11.5% p.a. | Up to ₹50 lakh | Up to 5 years | 0.99% of loan amount |
| Bajaj Finance | 12% p.a. | Up to ₹45 lakh | Up to 6 years | 2% of loan amount |
Frequently Asked Questions
The minimum annual turnover required is ₹10 lakh for a business loan in Manesar.
Interest rates for business loans in Manesar start at 11% per annum, depending on the lender.
Business loans in Manesar can be disbursed within 3-7 days after application submission.
Yes, but a credit score above 650 is preferred. Some lenders in Manesar may approve with a lower score at higher rates.
The maximum tenure for a business loan in Manesar is up to 7 years.
Yes, most lenders in Manesar allow prepayment with minimal charges after 6 months of EMIs.
Missing an EMI can lead to late fees, a negative impact on your credit score, and potential legal action by the lender.
Top lenders in Manesar for business loans include SBI, HDFC, and Bajaj Finance, offering competitive rates and quick disbursal.
Yes, Loanpao offers a fully online application process for business loans in Manesar.
The maximum loan amount for a business loan in Manesar can go up to ₹50 lakh, depending on the lender and business turnover.