Overview of Home Loan in Rewari
A home loan in Rewari helps individuals and families purchase, construct, or renovate homes. In 2025, lenders like SBI, HDFC, and PNB offer home loans in Rewari with interest rates starting at 8.5% per annum. Loanpao helps you compare offers, check eligibility, and apply seamlessly for home loans tailored to Rewari’s growing residential areas.
Eligibility Criteria for Home Loan in Rewari
| Criteria | Details |
|---|---|
| Age | 21 to 70 years |
| Residency | Must be a resident of Rewari or nearby areas with valid address proof |
| Employment Type | Salaried, self-employed, or professional in Rewari |
| Income | Minimum monthly income of ₹25,000 (salaried) or ₹3 lakh annually (self-employed) |
| Credit Score | Minimum 700 preferred |
| Property | Property must be in Rewari with clear title |
Documents Required for Home Loan in Rewari
- Identity Proof: Aadhaar Card, PAN Card, or Voter ID.
- Address Proof: Utility bill, Aadhaar, or Rental Agreement (Rewari address).
- Income Proof: Salary slips (last 3 months), ITR (last 2 years), or business financials.
- Bank Statement: Last 6 months’ bank statements.
- Property Documents: Sale agreement, title deed, and NOC from builder/society.
- Photographs: 2 passport-sized photographs.
Benefits of Home Loan in Rewari
- Competitive interest rates starting at 8.5% per annum in 2025.
- Loan amounts up to ₹75 lakh based on property value and income in Rewari.
- Flexible repayment tenure of up to 30 years.
- Subsidies available under PMAY for eligible Rewari residents.
- Quick disbursal for ready-to-move or under-construction properties.
Factors Affecting Home Loan in Rewari
Interest Rate
Rates range from 8.5% to 12%, depending on lender, loan type, and PMAY subsidies.
Loan Amount
Lenders offer up to ₹75 lakh based on property value and borrower’s income in Rewari.
Credit Score
A score above 700 ensures better terms; lower scores may increase rates.
Property Value
The loan amount is typically 80%–90% of the property’s market value in Rewari.
How to Apply for a Home Loan in Rewari
Follow these steps to apply for a home loan in Rewari through Loanpao:
- Visit loanpao.in and select "Home Loan in Rewari."
- Fill out the online application form with your details (name, Rewari address, income details).
- Upload required documents (Aadhaar, income proof, property documents).
- Compare offers from top Rewari lenders like SBI, HDFC, and PNB.
- Get approval and funds disbursed within 7-15 days in Rewari.
Loan Eligibility for Home Loan in Rewari
Check your eligibility for a home loan in Rewari with Loanpao’s eligibility tool:
- Enter your income details (salary or business income).
- Provide property details and location in Rewari.
- Specify your credit score.
- Include your Rewari address for localized offers.
Loanpao will instantly assess your eligibility and suggest the best home loan offers in Rewari.
Check Eligibility NowTrack Your Home Loan Application in Rewari
Loanpao provides a seamless tracker for your home 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.
Home Loan Comparison in Rewari
Compare home loan offers from top lenders in Rewari:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SBI | 8.5% p.a. | Up to ₹75 lakh | Up to 30 years | 0.35% of loan amount |
| HDFC | 8.75% p.a. | Up to ₹60 lakh | Up to 25 years | 0.5% of loan amount |
| PNB | 9% p.a. | Up to ₹50 lakh | Up to 20 years | 0.75% of loan amount |
Frequently Asked Questions
Home loans in Rewari cover apartments, independent houses, and plots for construction.
Interest rates start at 8.5% per annum, depending on the lender and PMAY subsidies.
Home loans in Rewari can be disbursed within 7-15 days after application submission.
A credit score above 700 is preferred, but some lenders may consider lower scores with higher interest rates.
The maximum tenure for a home loan in Rewari is up to 30 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 home loans include SBI, HDFC, and PNB, offering competitive rates and PMAY benefits.
Yes, Loanpao offers a fully online application process for home loans in Rewari.
The maximum loan amount for a home loan in Rewari can go up to ₹75 lakh, depending on property value and income.