Overview of Project Loan in Sohna
Sohna, an emerging industrial and commercial hub in Haryana’s Gurgaon district, offers project loans for 2025 to fund business expansions, infrastructure development, or large-scale ventures. These loans cater to entrepreneurs and corporations aiming to establish or scale operations. Loanpao connects Sohna residents with lenders like SBI, Axis Bank, and Kotak Mahindra, offering loans up to ₹5 crore with interest rates starting at 9% p.a. and tenures up to 10 years.
Eligibility Criteria for Project Loan in Sohna
| Criteria | Details |
|---|---|
| Age | 25 to 65 years |
| Business Type | Registered company, partnership, or proprietorship in Sohna |
| Annual Turnover | Minimum ₹10 lakh for startups; ₹50 lakh for established businesses |
| Credit Score | Minimum 700; higher scores improve terms |
| Residence | Valid Sohna address proof |
Documents Required for Project Loan in Sohna
- Identity Proof: Aadhaar, PAN Card, Driving License, Passport, or Voter ID.
- Address Proof: Utility bill, Aadhaar, or rental agreement (Sohna address).
- Business Proof: GST registration, business license, or partnership deed.
- Financial Documents: ITR (last 3 years), audited balance sheets, bank statements (last 12 months).
- Project Details: Detailed project report (DPR) or business plan.
- Photograph: Recent passport-size photograph.
Benefits of Project Loan in Sohna
- Loan amounts up to ₹5 crore for large-scale projects.
- Competitive interest rates starting at 9% p.a. in 2025.
- Flexible repayment tenures up to 10 years.
- Quick disbursal within 10–15 days post-approval.
- Support for diverse projects, including infrastructure and manufacturing.
Factors Affecting Project Loan in Sohna
Interest Rate
Rates range from 9% to 13% p.a., based on credit score, project viability, and business stability.
Loan Amount
Up to ₹5 crore, depending on project scale and financial projections.
Credit Score
A score above 700 ensures better rates; lower scores may require collateral.
Project Viability
Loans for well-documented projects with strong ROI are prioritized.
How to Apply for a Project Loan in Sohna
Follow these steps to apply for a project loan in Sohna through Loanpao:
- Visit loanpao.in and select "Project Loan in Sohna."
- Fill out the online application form with details (name, Sohna address, business details).
- Upload required documents (Aadhaar, financials, project report).
- Compare offers from top Sohna lenders like SBI, Axis Bank, and Kotak Mahindra.
- Get approval and funds disbursed within 10–15 days in Sohna.
Loan Eligibility for Project Loan in Sohna
Check your eligibility for a project loan in Sohna with Loanpao’s tool:
- Enter your business turnover (minimum ₹10 lakh for startups).
- Provide your credit score (preferably above 700).
- Submit project details and business type in Sohna.
- Include your Sohna address for localized offers.
Loanpao will assess your eligibility and suggest the best project loan offers in Sohna.
Check Eligibility NowTrack Your Project Loan Application in Sohna
Loanpao provides a seamless tracker for your project 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.
Project Loan Comparison in Sohna
Compare project loan offers from top lenders in Sohna:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SBI | 9.00% p.a. | Up to ₹5 crore | Up to 10 years | 0.75% of loan amount |
| Axis Bank | 9.50% p.a. | Up to ₹3 crore | Up to 8 years | 1.00% of loan amount |
| Kotak Mahindra | 10.00% p.a. | Up to ₹2 crore | Up to 7 years | 1.25% of loan amount |
Frequently Asked Questions
Minimum annual turnover is ₹10 lakh for startups and ₹50 lakh for established businesses.
Project loans in Sohna are disbursed within 10–15 days after approval.
The maximum loan amount is up to ₹5 crore, depending on project scale and financials.
Collateral is often required for higher loan amounts; terms vary by lender.
Missing an EMI may incur late fees and negatively impact your credit score.