Overview of Mortgage Loan in Rewari
A mortgage loan in Rewari, also known as a loan against property, allows individuals and businesses to unlock funds by mortgaging residential or commercial property. In 2025, lenders like SBI, HDFC, and PNB offer mortgage loans in Rewari with interest rates starting at 9% per annum. Loanpao helps you compare offers, check eligibility, and apply seamlessly for mortgage loans tailored to Rewari’s commercial and residential property market.
Eligibility Criteria for Mortgage Loan in Rewari
| Criteria | Details |
|---|---|
| Age | 21 to 65 years |
| Residency | Must be a resident of Rewari or nearby areas with valid address proof |
| Applicant Type | Salaried, self-employed, or business owners in Rewari |
| Income | Minimum monthly income of ₹30,000 (salaried) or ₹4 lakh annually (self-employed) |
| Credit Score | Minimum 700 preferred |
| Property | Residential or commercial property in Rewari with clear title |
Documents Required for Mortgage 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: Title deed, property tax receipts, approved building plan, and NOC from society.
- Photographs: 2 passport-sized photographs.
Benefits of Mortgage Loan in Rewari
- Competitive interest rates starting at 9% per annum in 2025.
- Loan amounts up to ₹50 lakh based on property value and income in Rewari.
- Flexible repayment tenure of up to 15 years.
- Funds can be used for personal or business purposes in Rewari.
- Quick disbursal for verified properties in Rewari.
Factors Affecting Mortgage Loan in Rewari
Interest Rate
Rates range from 9% to 14%, depending on lender, property type, and credit profile.
Loan Amount
Lenders offer up to 60%–70% of the property’s market value in Rewari, up to ₹50 lakh.
Credit Score
A score above 700 ensures better terms; lower scores may increase rates or require additional collateral.
Property Value
The loan amount depends on the market value and condition of the property in Rewari.
How to Apply for a Mortgage Loan in Rewari
Follow these steps to apply for a mortgage loan in Rewari through Loanpao:
- Visit loanpao.in and select "Mortgage 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 10-20 days in Rewari.
Loan Eligibility for Mortgage Loan in Rewari
Check your eligibility for a mortgage 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 mortgage loan offers in Rewari.
Check Eligibility NowTrack Your Mortgage Loan Application in Rewari
Loanpao provides a seamless tracker for your mortgage 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.
Mortgage Loan Comparison in Rewari
Compare mortgage loan offers from top lenders in Rewari:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SBI | 9% p.a. | Up to ₹50 lakh | Up to 15 years | 1% of loan amount |
| HDFC | 9.5% p.a. | Up to ₹40 lakh | Up to 12 years | 1.25% of loan amount |
| PNB | 10% p.a. | Up to ₹35 lakh | Up to 10 years | 1.5% of loan amount |
Frequently Asked Questions
Mortgage loans in Rewari can be availed against residential (houses, apartments) or commercial properties (shops, offices) with clear titles.
Interest rates start at 9% per annum, depending on the lender and property type.
Mortgage loans in Rewari can be disbursed within 10-20 days after application submission, depending on property verification.
A credit score above 700 is preferred, but some lenders may approve with lower scores if the property value is high.
The maximum tenure for a mortgage loan in Rewari is up to 15 years.
Yes, most lenders in Rewari allow prepayment with minimal or no charges after 12 months of EMIs.
Missing an EMI can lead to late fees, a negative impact on your credit score, and potential seizure of the mortgaged property.
Top lenders in Rewari for mortgage loans include SBI, HDFC, and PNB, offering competitive rates and flexible terms.
Yes, Loanpao offers a fully online application process for mortgage loans in Rewari.
The maximum loan amount for a mortgage loan in Rewari can go up to ₹50 lakh, depending on property value and income.