Overview of MSME Loan in Manesar
An MSME loan in Manesar provides financial support to micro, small, and medium enterprises for business expansion, working capital, or equipment purchase. In 2025, lenders like SIDBI, SBI, and HDFC Bank offer MSME loans in Manesar with interest rates starting at 8% per annum. Loanpao helps you compare offers, check eligibility, and apply seamlessly for an MSME loan tailored to your business needs in Manesar.
Eligibility Criteria for MSME Loan in Manesar
| Criteria | Details |
|---|---|
| Business Type | Micro, Small, or Medium Enterprise as per MSME Act |
| Business Age | Minimum 2 years of operation |
| Annual Turnover | Minimum ₹10 lakh (varies by lender) |
| Residency | Business registered in India with address proof in Manesar |
| Credit Score | Minimum 650 preferred |
| Debt-to-Income Ratio | Below 50% preferred |
Documents Required for MSME Loan in Manesar
- Identity Proof: Aadhaar Card, PAN Card, or Passport of the business owner.
- Address Proof: Utility bill, Aadhaar, or Rental Agreement (Manesar address).
- Business Proof: GST registration, Udyam Registration, or Shop Act License.
- Financial Documents: ITR (last 2 years), Balance Sheet, Profit & Loss Statement.
- Bank Statement: Last 12 months’ business bank statements.
- Photographs: 2 passport-sized photographs of the owner.
Benefits of MSME Loan in Manesar
- Competitive interest rates starting at 8% per annum in 2025.
- Loan amounts up to ₹2 crore for MSMEs in Manesar.
- Quick disbursal within 3-7 days from lenders like SIDBI.
- Flexible repayment tenure of up to 7 years.
- Collateral-free loans under schemes like CGTMSE.
Factors Affecting MSME Loan in Manesar
Interest Rate
Rates range from 8% to 14%, depending on credit score, business turnover, and loan type.
Loan Amount
Up to ₹2 crore, based on business financials and creditworthiness in Manesar.
Credit Score
A score above 650 ensures better terms in Manesar.
Business Performance
Strong turnover and profitability improve loan approval chances.
How to Apply for an MSME Loan in Manesar
Follow these steps to apply for an MSME loan in Manesar through Loanpao:
- Visit loanpao.in and select "MSME Loan in Manesar."
- Fill out the online application form with your business details (name, Manesar address, turnover).
- Upload required documents (Aadhaar, GST registration, financial statements).
- Compare offers from top Manesar lenders like SIDBI, SBI, and HDFC Bank.
- Get approval and funds disbursed within 3-7 days in Manesar.
Loan Eligibility for MSME Loan in Manesar
Check your eligibility for an MSME loan in Manesar with Loanpao’s eligibility tool:
- Enter your business turnover (minimum ₹10 lakh).
- Provide your credit score (preferably above 650).
- Specify your business age (minimum 2 years).
- Include your Manesar address for localized offers.
Loanpao will instantly assess your eligibility and suggest the best MSME loan offers in Manesar.
Check Eligibility NowTrack Your MSME Loan Application in Manesar
Loanpao provides a seamless tracker for your MSME 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.
MSME Loan Comparison in Manesar
Compare MSME loan offers from top lenders in Manesar:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SIDBI | 8% p.a. | Up to ₹1 crore | Up to 7 years | 0.5% of loan amount |
| SBI | 8.5% p.a. | Up to ₹1.5 crore | Up to 7 years | 0.75% of loan amount |
| HDFC Bank | 9% p.a. | Up to ₹2 crore | Up to 5 years | 1% of loan amount |
Frequently Asked Questions
The minimum annual turnover required is ₹10 lakh for an MSME loan in Manesar, though this varies by lender.
Interest rates for MSME loans in Manesar start at 8% per annum, depending on the lender.
MSME 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 an MSME 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 MSME loans include SIDBI, SBI, and HDFC Bank, offering competitive rates and quick disbursal.
Yes, Loanpao offers a fully online application process for MSME loans in Manesar.
The maximum loan amount for an MSME loan in Manesar can be up to ₹2 crore, depending on the lender and business financials.