Overview of Industrial Loan in Rewari
Industrial loans in Rewari provide financing for industrial projects, machinery purchases, or business expansion in 2025. Lenders like SIDBI, SBI, and ICICI Bank offer industrial loans with interest rates starting at 9% per annum. Loanpao helps Rewari businesses compare offers, check eligibility, and apply for industrial loans with quick disbursal, ideal for manufacturing units and industrial growth.
Eligibility Criteria for Industrial Loan in Rewari
| Criteria | Details |
|---|---|
| Business Age | Minimum 3 years of operation |
| Residency | Business registered in Rewari with valid address proof |
| Annual Turnover | Minimum ₹50 lakh per year |
| Credit Score | 700 or above preferred |
| Collateral | May require property or machinery as security |
| Loan Purpose | Machinery purchase, expansion, or working capital |
Documents Required for Industrial Loan in Rewari
- Business Proof: GST registration, MSME certificate, or business license.
- Identity Proof: Aadhaar Card, PAN Card of business owner.
- Address Proof: Utility bill or Rental Agreement (Rewari address).
- Financials: ITR, balance sheet, and profit/loss statement (2 years).
- Project Details: Business plan or machinery quotation.
- Collateral Documents: Property papers or asset details, if applicable.
Benefits of Industrial Loan in Rewari
- Competitive interest rates starting at 9% per annum in 2025.
- Loan amounts up to ₹10 crore for large industrial projects.
- Flexible repayment tenure from 3 to 15 years.
- Quick disbursal within 7-10 days for verified applicants in Rewari.
- Support for machinery, expansion, and working capital needs.
Factors Affecting Industrial Loan in Rewari
Interest Rate
Rates range from 9% to 14%, based on credit score, business turnover, and collateral.
Loan Amount
Depends on project size, business financials, and collateral value, up to ₹10 crore.
Credit Score
Higher scores (700+) secure better rates and faster approvals in Rewari.
Business Financials
Strong turnover and profitability increase loan eligibility and amount.
How to Apply for an Industrial Loan in Rewari
Follow these steps to apply for an industrial loan in Rewari through Loanpao:
- Visit loanpao.in and select "Industrial Loan in Rewari."
- Fill out the online application form with business details (name, Rewari address).
- Upload required documents (GST registration, financials, project plan).
- Compare offers from Rewari lenders like SIDBI, SBI, and ICICI Bank.
- Get approval and funds disbursed within 7-10 days in Rewari.
Loan Eligibility for Industrial Loan in Rewari
Check your eligibility for an industrial loan in Rewari with Loanpao’s eligibility tool:
- Enter business details (age, Rewari address, turnover).
- Specify loan purpose (machinery, expansion, or working capital).
- Provide financial and credit score details.
Loanpao will instantly assess your eligibility and suggest the best industrial loan offers in Rewari.
Check Eligibility NowTrack Your Industrial Loan Application in Rewari
Loanpao provides a seamless tracker for your industrial 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.
Industrial Loan Comparison in Rewari
Compare industrial loan offers from top lenders in Rewari:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SIDBI | 9% p.a. | Up to ₹5 crore | 3 to 10 years | 0.5% of loan amount |
| SBI | 9.5% p.a. | Up to ₹10 crore | 3 to 15 years | 0.75% of loan amount |
| ICICI Bank | 9.25% p.a. | Up to ₹7 crore | 3 to 12 years | 0.5% of loan amount |
Frequently Asked Questions
An industrial loan in Rewari provides financing for industrial projects, machinery purchases, or business expansion, tailored for manufacturing and industrial units.
Manufacturing units, factories, and industrial businesses with at least 3 years of operation in Rewari are eligible.
Industrial loans in Rewari can be disbursed within 7-10 days after document verification.
Collateral like property or machinery is often required, but some lenders offer unsecured loans for smaller amounts.
The maximum loan amount can go up to ₹10 crore, depending on business financials and project requirements.
Yes, industrial loans in Rewari can be used for working capital, machinery, or expansion, subject to lender approval.
Missing an EMI may lead to late fees, impact your credit score, or result in seizure of collateral.
Top lenders in Rewari include SIDBI, SBI, and ICICI Bank, offering competitive rates and flexible terms.
Yes, Loanpao offers an online application process for industrial loans in Rewari, with quick approval.
A business plan or project report is typically required to justify the loan purpose and repayment capacity.