Overview of Industrial Loan in Sohna
Industrial loans in Sohna for 2025 provide financing for industrial projects, machinery purchases, or business expansion with interest rates starting at 9% p.a. Lenders like SIDBI, ICICI Bank, and HDFC Bank offer loans up to ₹10 crore, covering up to 75% of project costs. Loanpao enables Sohna businesses to apply online, access quick approvals, and benefit from flexible repayment tenures up to 15 years.
Eligibility Criteria for Industrial Loan in Sohna
| Criteria | Details |
|---|---|
| Business Age | Minimum 3 years |
| Annual Turnover | Minimum ₹50 lakh |
| Business Type | Proprietorship, partnership, or company |
| Residence | Valid Sohna address proof |
| Credit Score | 700+ preferred |
Documents Required for Industrial Loan in Sohna
- Identity Proof: Aadhaar, PAN Card, or Passport of business owners.
- Address Proof: Utility bill, Aadhaar, or rental agreement (Sohna address).
- Business Proof: GST registration, Udyam certificate, or incorporation certificate.
- Financial Documents: ITR (3 years), balance sheet, profit & loss statement.
- Project Details: Detailed project report or business plan.
- Collateral Documents: Property papers or asset details (if secured loan).
Benefits of Industrial Loan in Sohna
- Loan amounts up to ₹10 crore for industrial projects.
- Competitive interest rates starting at 9% p.a. in 2025.
- Flexible repayment tenures up to 15 years.
- Up to 75% financing of project or machinery costs.
- Quick disbursal within 7–15 days in Sohna.
Factors Affecting Industrial Loan in Sohna
Project Viability
A detailed project report with strong ROI projections improves approval chances.
Collateral
Secured loans with property or assets offer lower rates and higher amounts.
Interest Rate
Rates range from 9% to 14% p.a., based on credit score and business profile.
Business Financials
Strong turnover and profitability enhance eligibility in Sohna.
How to Apply for an Industrial Loan in Sohna
Follow these steps to apply for an industrial loan in Sohna through Loanpao:
- Visit loanpao.in and select "Industrial Loan in Sohna."
- Fill out the online application with business and project details.
- Upload required documents (Aadhaar, financials, project report).
- Compare offers from Sohna lenders like SIDBI and ICICI Bank.
- Get approval and funds disbursed within 7–15 days.
Loan Eligibility for Industrial Loan in Sohna
Check your eligibility for an industrial loan in Sohna with Loanpao’s tool:
- Enter business age (minimum 3 years).
- Provide annual turnover (₹50 lakh+) and financial details.
- Include business type and Sohna address proof.
- Check your credit score for better loan terms.
Loanpao will estimate your loan amount and suggest the best offers in Sohna.
Check Eligibility NowTrack Your Industrial Loan Application in Sohna
Loanpao provides a seamless tracker for your industrial loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on status (e.g., under review, approved, disbursed).
- Receive notifications for disbursal updates in Sohna.
- Contact Loanpao support for assistance with delays in Sohna.
Industrial Loan Comparison in Sohna
Compare industrial loan offers from top lenders in Sohna:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SIDBI | 9.00% p.a. | Up to ₹5 crore | Up to 15 years | 0.5% of loan amount |
| ICICI Bank | 10.00% p.a. | Up to ₹10 crore | Up to 12 years | Up to ₹25,000 |
| HDFC Bank | 10.50% p.a. | Up to ₹7.5 crore | Up to 10 years | Up to 1% of loan amount |
Frequently Asked Questions
Industrial loans can finance machinery, factory setup, expansion, or working capital needs.
Industrial loans are disbursed within 7–15 days after approval.
The maximum loan amount is up to ₹10 crore, based on project requirements.
Some lenders offer collateral-free loans up to ₹1 crore for eligible businesses.
Startups with strong business plans may qualify, but established businesses are preferred.