Overview of Business Loan in Rewari
Business loans in Rewari provide financial support for SMEs, startups, and established businesses to expand operations, manage working capital, or purchase equipment. In 2025, lenders like SBI, ICICI, and Bajaj Finance offer business loans in Rewari with interest rates starting at 10% per annum. Loanpao helps you compare offers, check eligibility, and apply seamlessly for business loans tailored to Rewari’s growing industrial and commercial sectors.
Eligibility Criteria for Business Loan in Rewari
| Criteria | Details |
|---|---|
| Age | 21 to 65 years |
| Residency | Must be a resident of Rewari or nearby areas with valid address proof |
| Business Type | Sole proprietorship, partnership, or private limited company in Rewari |
| Business Vintage | Minimum 2 years of business operations |
| Annual Turnover | Minimum ₹5 lakh annually |
| Credit Score | Minimum 700 preferred |
Documents Required for Business Loan in Rewari
- Identity Proof: Aadhaar Card, PAN Card, or Voter ID.
- Address Proof: Utility bill, Aadhaar, or Rental Agreement (Rewari address).
- Business Proof: GST registration, shop 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 Rewari
- Competitive interest rates starting at 10% per annum in 2025.
- Loan amounts up to ₹75 lakh based on business turnover and credit profile.
- Flexible repayment tenure of up to 7 years.
- Funds for expansion, working capital, or equipment purchase in Rewari.
- Quick disbursal within 5-10 days for verified businesses in Rewari.
Factors Affecting Business Loan in Rewari
Interest Rate
Rates range from 10% to 18%, depending on lender, business vintage, and credit score.
Loan Amount
Lenders offer up to ₹75 lakh, based on annual turnover and repayment capacity in Rewari.
Credit Score
A score above 700 ensures better terms; lower scores may increase rates or require collateral.
Business Turnover
Higher turnover (above ₹10 lakh) increases loan eligibility in Rewari.
How to Apply for a Business Loan in Rewari
Follow these steps to apply for a business loan in Rewari through Loanpao:
- Visit loanpao.in and select "Business Loan in Rewari."
- Fill out the online application form with your details (name, Rewari address, business details).
- Upload required documents (Aadhaar, ITR, business financials).
- Compare offers from top Rewari lenders like SBI, ICICI, and Bajaj Finance.
- Get approval and funds disbursed within 5-10 days in Rewari.
Loan Eligibility for Business Loan in Rewari
Check your eligibility for a business loan in Rewari with Loanpao’s eligibility tool:
- Enter your business turnover and vintage.
- Provide Rewari address and business registration details.
- Specify your credit score.
- Include loan purpose (e.g., expansion, working capital).
Loanpao will instantly assess your eligibility and suggest the best business loan offers in Rewari.
Check Eligibility NowTrack Your Business Loan Application in Rewari
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 Rewari.
- Contact Loanpao support for assistance with delays in Rewari.
Business Loan Comparison in Rewari
Compare business loan offers from top lenders in Rewari:
| Lender | Interest Rate | turnover and credit profile.
|---|
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SBI | 10% p.a. | Up to ₹75 lakh | Up to 7 years | 1% of loan amount |
| ICICI | 11% p.a. | Up to ₹50 lakh | Up to 5 years | 1.5% of loan amount |
| Bajaj Finance | 12% p.a. | Up to ₹45 lakh | Up to 4 years | 2% of loan amount |
Frequently Asked Questions
Sole proprietorships, partnerships, and private limited companies in Rewari with at least 2 years of operations can apply.
Interest rates start at 10% per annum, depending on the lender and business profile.
Business loans in Rewari can be disbursed within 5-10 days after application submission, depending on document verification.
Collateral is not always required; unsecured loans are available for businesses with strong financials in Rewari.
The maximum tenure for a business loan in Rewari is up to 7 years.
Yes, most lenders in Rewari allow prepayment with minimal or no 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 Rewari for business loans include SBI, ICICI, and Bajaj Finance, offering competitive rates and flexible terms.
Yes, Loanpao offers a fully online application process for business loans in Rewari.
The maximum loan amount for a business loan in Rewari can go up to ₹75 lakh, depending on turnover and credit profile.