Overview of Corporate Loan in Rewari
Rewari, a growing industrial and commercial hub in Haryana, offers corporate loans to support businesses with expansion, working capital, or large-scale projects. These loans range from ₹10 lakh to ₹50 crore, with interest rates starting at 9% p.a. Lenders like ICICI Bank, HDFC Bank, and SBI provide tailored financing solutions with disbursal in 5–15 days. Loanpao simplifies the process with online applications and eligibility checks for Rewari-based businesses.
Eligibility Criteria for Corporate Loan in Rewari
| Criteria | Details |
|---|---|
| Business Age | Minimum 3 years of operation |
| Annual Turnover | Minimum ₹1 crore (varies by lender) |
| Credit Score | 750+ for business or promoter; 700+ may qualify with higher rates |
| Business Type | Private/Public Ltd., Partnership, LLP, or Proprietorship |
| Profitability | Positive net profit for the last 2 years |
Documents Required for Corporate Loan in Rewari
- Business Identity Proof: GST Registration, PAN Card of business.
- Address Proof: Utility bill or lease agreement (Rewari-specific).
- Financial Documents: ITR, balance sheets, and profit/loss statements (2 years).
- Bank Statements: Last 12 months of business account.
- Business Plan: Project report or expansion plan (if applicable).
Benefits of Corporate Loan in Rewari
- Loan amounts from ₹10 lakh to ₹50 crore for business growth.
- Competitive interest rates starting at 9% p.a.
- Flexible repayment tenures from 1 to 7 years.
- Quick disbursal within 5–15 days in Rewari.
- Secured and unsecured options available.
Factors Affecting Corporate Loan in Rewari
Business Credit Score
Higher scores (750+) secure lower rates; lower scores may increase costs.
Financial Health
Strong turnover and profitability improve approval chances in Rewari.
Collateral
Secured loans require assets; unsecured loans depend on creditworthiness.
Lender Policies
Banks like ICICI offer customized solutions; NBFCs may have flexible terms.
How to Apply for a Corporate Loan in Rewari
Follow these steps to apply for a corporate loan in Rewari through Loanpao:
- Visit loanpao.in and select "Corporate Loan in Rewari."
- Fill out the online application with business and financial details.
- Upload documents (business proof, financials, bank statements).
- Compare offers from lenders like ICICI, HDFC Bank, and SBI in Rewari.
- Get approval and funds disbursed within 5–15 days.
Loan Eligibility for Corporate Loan in Rewari
Check your eligibility for a corporate loan in Rewari with Loanpao’s tool:
- Enter business details (age, turnover, type).
- Provide credit score and financial health details.
- Submit business documents and Rewari address proof.
- Include financial statements for accurate assessment.
Loanpao will evaluate your eligibility and recommend the best corporate loan offers in Rewari.
Check Eligibility NowTrack Your Corporate Loan Application in Rewari
Loanpao offers a seamless tracker for your corporate loan application:
- Submit your application ID on the Loanpao Tracker page.
- Monitor real-time status updates (e.g., under review, approved, disbursed).
- Receive notifications for disbursal updates in Rewari.
- Contact Loanpao support for assistance with delays in Rewari.
Corporate Loan Comparison in Rewari
Compare corporate loan offers from top lenders in Rewari:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| ICICI Bank | 9.0% p.a. | ₹10 lakh–₹25 crore | 1–7 years | Up to 1.5% of loan amount |
| HDFC Bank | 9.5% p.a. | ₹10 lakh–₹20 crore | 1–7 years | Up to 2% of loan amount |
| SBI | 9.2% p.a. | ₹10 lakh–₹50 crore | 1–7 years | 1–1.5% of loan amount |
Frequently Asked Questions
Funding business expansion, working capital, equipment purchase, or large-scale projects.
Disbursal typically takes 5–15 days after document verification in Rewari.
A score of 750+ is preferred, but 700+ may qualify with higher rates.
Yes, if they have 3+ years of operation and meet turnover requirements.
Depends on the loan type; secured loans require collateral, unsecured loans do not.