Borrow against residential or commercial property without selling it. Lower rates than many unsecured loans.
Bawal is part of the wider Rewari credit market (Bawal industrial area and nearby townships). Salaried professionals, business owners and self-employed applicants here compare personal loans, home loans, business loans and LAP from banks and NBFCs active across India, with strong serviceability in Delhi NCR where applicable.
LoanPao helps you review indicative eligibility, documents, charges and process before a formal application. Final sanction, rate and documentation always rest with the lender. Keep PAN, Aadhaar, income proofs and recent bank statements ready to speed up processing.
Also explore the parent city guide: Rewari loans · All cities.
LAP uses clear-title property as security. LTV, legal search and valuation decide the eligible amount. End-use may include business or personal needs as allowed by the lender.
Applicants in Bawal and the wider NCR are covered by most large banks and NBFCs, subject to PIN-code serviceability. Final rates and amounts depend on your profile.
| Bank / NBFC | Interest Rate | Loan Amount | Tenure | Processing Fee | |
|---|---|---|---|---|---|
| SBI | ~9.00%–11.50% p.a. | ₹5 Lakh – ₹10 Cr | 5 – 15 years | 0.50%–1.00% | Apply |
| HDFC Bank | ~9.25%–11.00% p.a. | ₹10 Lakh – ₹10 Cr | 5 – 15 years | Up to 1.00% | Apply |
| Bajaj Housing Finance | ~10.00%–14.00% p.a. | ₹5 Lakh – ₹10 Cr | 5 – 15 years | Up to 2.00% | Apply |
| LIC Housing Finance | ~9.50%–12.00% p.a. | ₹5 Lakh – ₹5 Cr | 5 – 15 years | Up to 1.00% | Apply |
| PNB Housing | ~9.50%–12.50% p.a. | ₹5 Lakh – ₹5 Cr | 5 – 15 years | Up to 1.00% | Apply |
| Tata Capital | ~10.50%–14.00% p.a. | ₹5 Lakh – ₹5 Cr | 5 – 12 years | Up to 2.00% | Apply |
| ICICI Bank | ~9.50%–11.75% p.a. | ₹10 Lakh – ₹10 Cr | 5 – 15 years | Up to 1.00% | Apply |
| Axis Bank | ~9.50%–12.00% p.a. | ₹5 Lakh – ₹5 Cr | 5 – 15 years | Up to 1.00% | Apply |
*Indicative ranges for comparison. Final offer depends on profile and lender at sanction.
| Property | Clear title residential or commercial property |
|---|---|
| Ownership | All owners usually need to join as applicants / guarantors |
| Age | Typically 21 – 70 years at maturity |
| Income | Documented income sufficient for EMI |
| Credit score | 700+ preferred; 750+ for better pricing |
| LTV | Often 40% – 70% of market valuation (lender specific) |
| End-use | Business, education, medical or personal as allowed by policy |
*Product-specific criteria for Loan Against Property. Final decision rests with the lender.
| KYC | PAN, Aadhaar of all owners / applicants |
|---|---|
| Income | Salary slips or ITR; bank statements 6 months |
| Property | Title chain, sale deed, tax receipts, approved plans, occupancy certificate if any |
| Other | Legal and technical reports commissioned by lender |
The property is mortgaged; you keep living there while you repay on time.
Often 40%–70% depending on property type and lender.
Often yes if declared at application.
Usually 2–6 weeks after complete papers.
Yes.
All owners generally join the loan.
Ready properties are preferred.
Possible subject to new lender policy.
Usually yes because of security.
See LAP.
Also read: Loan Against Property (national guide)
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