Overview of Personal Loan in Rewari
Personal loans in Rewari offer quick, unsecured financing for personal expenses like medical emergencies, weddings, or debt consolidation. In 2025, lenders like HDFC, Axis Bank, and Bajaj Finance provide personal loans in Rewari with interest rates starting at 10.5% per annum. Loanpao helps you compare offers, check eligibility, and apply seamlessly for personal loans tailored to Rewari’s residents.
Eligibility Criteria for Personal Loan in Rewari
| Criteria | Details |
|---|---|
| Age | 21 to 60 years |
| Residency | Must be a resident of Rewari with valid address proof |
| Applicant Type | Salaried or self-employed individuals in Rewari |
| Income | Minimum monthly income of ₹20,000 (salaried) or ₹3 lakh annually (self-employed) |
| Credit Score | Minimum 750 preferred |
| Employment | Minimum 1 year of employment (salaried) or 2 years of business (self-employed) |
Documents Required for Personal 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.
- Photographs: 2 passport-sized photographs.
Benefits of Personal Loan in Rewari
- Competitive interest rates starting at 10.5% per annum in 2025.
- Loan amounts up to ₹40 lakh based on income and credit profile.
- Flexible repayment tenure of up to 5 years.
- No collateral required for unsecured personal loans in Rewari.
- Quick disbursal within 2-5 days for verified applicants in Rewari.
Factors Affecting Personal Loan in Rewari
Interest Rate
Rates range from 10.5% to 24%, depending on lender, income, and credit score.
Loan Amount
Lenders offer up to ₹40 lakh, based on income and repayment capacity in Rewari.
Credit Score
A score above 750 ensures better terms; lower scores may increase rates.
Income Stability
Stable income (above ₹20,000/month) increases loan eligibility in Rewari.
How to Apply for a Personal Loan in Rewari
Follow these steps to apply for a personal loan in Rewari through Loanpao:
- Visit loanpao.in and select "Personal Loan in Rewari."
- Fill out the online application form with your details (name, Rewari address, income details).
- Upload required documents (Aadhaar, income proof, bank statements).
- Compare offers from top Rewari lenders like HDFC, Axis Bank, and Bajaj Finance.
- Get approval and funds disbursed within 2-5 days in Rewari.
Loan Eligibility for Personal Loan in Rewari
Check your eligibility for a personal loan in Rewari with Loanpao’s eligibility tool:
- Enter your income details (salary or business income).
- Provide Rewari address and employment details.
- Specify your credit score.
- Include loan purpose (e.g., wedding, medical emergency).
Loanpao will instantly assess your eligibility and suggest the best personal loan offers in Rewari.
Check Eligibility NowTrack Your Personal Loan Application in Rewari
Loanpao provides a seamless tracker for your personal 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.
Personal Loan Comparison in Rewari
Compare personal loan offers from top lenders in Rewari:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| HDFC | 10.5% p.a. | Up to ₹40 lakh | Up to 5 years | Up to 2.5% of loan amount |
| Axis Bank | 11% p.a. | Up to ₹25 lakh | Up to 4 years | 2% of loan amount |
| Bajaj Finance | 12% p.a. | Up to ₹20 lakh | Up to 3 years | Up to 3% of loan amount |
Frequently Asked Questions
Personal loans in Rewari can be used for any purpose, including weddings, medical emergencies, travel, or debt consolidation.
Interest rates start at 10.5% per annum, depending on the lender and applicant’s profile.
Personal loans in Rewari can be disbursed within 2-5 days after application submission, depending on document verification.
A credit score above 750 is preferred, but some lenders may approve with lower scores at higher interest rates.
The maximum tenure for a personal loan in Rewari is up to 5 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 personal loans include HDFC, Axis Bank, and Bajaj Finance, offering competitive rates and fast disbursal.
Yes, Loanpao offers a fully online application process for personal loans in Rewari.
The maximum loan amount for a personal loan in Rewari can go up to ₹40 lakh, depending on income and credit profile.