What does Aditya Birla lend?

Aditya Birla writes cashflow financing, distributor financing, loan against property, loan against securities, overdraft / cash credit, purchase invoice discounting and 4 further products. Across those, observed facilities run ₹50 lakh to ₹20 cr.

What ticket size does Aditya Birla offer?

Facilities observed on live transactions run from ₹50 lakh to ₹20 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.

What rate does Aditya Birla charge?

Rates observed on live transactions fall between 11.5% and 18% a year. Tenures run 6 to 36 months. These are observed figures, not a quote, and the rate you are offered depends on your file.

How long does Aditya Birla take to disburse?

About 19 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it.

What are Aditya Birla's eligibility criteria?

The first screen is the bureau: a borrower CIBIL of at least 650. Revenue, leverage and debt-service thresholds apply on top and vary by product. The full credit box for each product is set out on this page.

Lender profile

Aditya Birla business loans

Aditya Birla is on Recur Club's lender panel, writing cashflow financing, distributor financing, loan against property and 7 other products. Observed tickets run ₹50 lakh to ₹20 cr, priced between 11.5% and 18%. Median turnaround from application to disbursal is about 19 days.

✓Tickets from ₹50 L – ₹20 Cr across 16 products
✓Indicative pricing 11.5% – 18%, as quoted on live transactions
✓Around 19 days from application to disbursal when the file is clean
✓We check your fit against every lender on the panel, not just this one

Check your fit →See a typical term sheet

Products live

₹1 Cr

Median sanction

Days median turnaround

210

Sanction letters read

— Which arm you land with

2 lenders under one brand

They share a screening philosophy but not a book. Which one your file goes to depends on what you are borrowing against.

Aditya Birla Capital Limited

Rejects

Industry must not be in the Negative Industry list - Agri, farm-to-retail, services and other low-churn, high-risk segments excluded
Industry: all sectors funded except Agri, Farm to retail, services and other low-churn/high-risk segments; must not be a negative industry
Not for purchase invoice discounting
Brickworks ratings are not considered at all

23 more ▾

no loss making cos
Factoring not available for services companies
Restricted industries excluded from purchase invoice discounting: EPC/Real Estate/Infrastructure/Construction, New Age Cos, Gems & Jewellery, NBFCs/money lenders, chit funds/stock broking, tobacco, arms & ammunition, liquor, gambling/casino, scrap dealers with turnover <Rs3 Cr, and other listed negative-list businesses (Dairy & Agri-Commodity excluded only for purchase invoice discounting but explorable under Vendor/Dealer Finance)
Brickworks-rated borrowers are excluded from the purchase invoice discounting Rs5-10 Cr bucket
Wilful defaulters not allowed under Factoring; borrower must have no write-off/suit-filed or NPA history in last 36 months
Restricted industries not funded
EPC/Real Estate/Infrastructure/ConstructionNew Age CosGems & JewelleryNBFCs/money lenderschit funds/stock brokingarms & ammunition dealersnarcoticswildlife productstobaccoliquor businessgambling/casinoweapons/radioactive materials
Same restricted-industries negative list applies across purchase invoice discounting/Factoring products: EPC/Real Estate/Construction, Gems & Jewellery, NBFCs, arms dealers, narcotics, gambling, liquor, etc.
Brickworks-rated borrowers are excluded from the purchase invoice discounting 3-10 Cr product
Factoring: wilful defaulters not allowed; borrowers with write-off/suit filed or NPA history in last 36 months are excluded
Negative list industries not funded
tobaccoanimal husbandry/poultry/livestockliquor/alcoholic beveragessecurity guard servicescable TV operatorsnon-qualified medical practitionerscyber cafés/CD-DVD rentalsYouTube influencers/content creatorshouses of worshipstandalone liquor shopsstock brokersprivate financiers
This is an existing sanctioned client and hence we can't move forward with this
Client already availed a ₹50 lakh purchase invoice discounting limit from ABF through a Finac (different) partner, so lender cannot move this case with
Discontinued the Jocata-based programme
TR Enterprises was rejected under STUL: applicant not justifying business activity, low standard of living, no business activity seen during verification
ABFL dropped the deal as they cannot go over 5 cr in group level exposure
Gorakhpur is not a serviceable location
Will not do purchase invoice discounting (purchase invoice discounting) where sourcing is from farmers
Company not okay with a revolving line facility
Industry must not be in the Negative Industry list - Agri, farm-to-retail, services and other low-churn, high-risk segments excluded (×1
latest )
Industry: all sectors funded except Agri, Farm to retail, services and other low-churn/high-risk segments
must not be a negative industry (×1
latest )

Wins

Open to fee sharing on insurance once volumes reach 20-25cr
CIBIL should be okay
Super Caution and Caution list industries (e.g. agri-commodity/APMC traders, construction material suppliers, travel/ticketing agents, scrap dealers, labour contractors, textiles, 2/3-wheeler dealers, film industry, beauty/massage parlours, FMCG dealers/distributors) are funded but at higher risk margins versus Normal list industries
ABFL restricts the purchase invoice discounting facility to goods-only customers, seen as too many restrictions

8 more ▾

ABFL hesitant to commit new borrower names into the program
…more in playbook
Open to fee sharing on insurance once volumes reach 20-25cr
CIBIL should be okay
Super Caution and Caution list industries (e.g. agri-commodity/APMC traders, construction material suppliers, travel/ticketing agents, scrap dealers, labour contractors, textiles, 2/3-wheeler dealers, film industry, beauty/massage parlours, FMCG dealers/distributors) are funded but at higher risk margins versus Normal list industries
Last 2 Year Audited Financials
Last 12 month GST
Last 6 month Banking

Behaviour & gates

Borrower: CIBIL ≥650 (cohort ≈708)
age ≥2y (purchase invoice discounting)
age ≥3y (unsecured business loan)
age ≥5y (distributor financing, domestic factoring, vendor financing)
minimum bankingturnover: 1 (unsecured business loan only)
max usl90 plus dpd l6 m: 0 (unsecured business loan only)

34 more ▾

max director current overdue usl l3 m: 0.002 (unsecured business loan only)
max nach cheque bounces l6 m: 0 (unsecured business loan only)
max usl enquiries l3 m: 5 (unsecured business loan only)
max ongoing ubl count: 10 (unsecured business loan only)
avg bank balance: 0.0035 (unsecured business loan only)
max nach cheque bounces l3 m: 0 (unsecured business loan only)
avoid: Gems and Jewellery, Explosives, Arms and Ammunitions, Financial Services (varies by product)
Chandigarh, Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Ladakh, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand (varies by product)
Private Limited, Public (varies by product)
positive sector: Financial Services (varies by product)
Financials: rev ≥₹15cr (cohort ≈112) (purchase invoice discounting)
rev ≥₹50cr (unsecured business loan)
rev ≥₹100cr (dropline overdraft, loan against property, loan against securities, sales invoice discounting)
rev ≥₹500cr (distributor financing, domestic factoring, vendor financing)
TOL/adjusted tangible net worth ≤5 (varies by product)
debt/EBITDA ≤4 (cohort ≈3.3×) (varies by product)
debt/networth ≤4 (cohort ≈0.8×) (varies by product)
DSCR ≥1 (cohort ≈2.5×) (purchase invoice discounting)
DSCR ≥1.2 (unsecured business loan)
DSCR ≥1 (distributor financing, domestic factoring, dropline overdraft, loan against property, loan against securities, overdraft / cash credit, sales invoice discounting, secured term loan, vendor financing, working capital demand loan)
Deal: rate 9–19% (range across products — see matrix)
ticket ₹0–500cr (range across products — see matrix)
tenure 12–240mo (range across products — see matrix)
no PEP
Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%)
FD margin 10–15% (73%)
median ticket ₹3cr
median rate 15%
median turnaround 19d
Security asked in : Personal Guarantee Of Promoters/Directors (×16), FD margin 5–10% (×7), FD margin 10–15% (×6), Personal Guarantee Of Promoters / Directors / Property Owner (×4)
Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×55), FD margin 10–15% (×40), No Security (×13), FD margin 15–20% (×9)
share → in-principle approval (initial interest): ≈14d
in-principle approval → sanction (underwriting): ≈12d
sanction → disburse (closing): ≈6d

Aditya Birla Finance Limited

Rejects

Financial Services listed as a negative/excluded sector
End use is not acceptable to lender
Needs 100% security coverage. Pass
Dropped the deal citing weak security structure

2 more ▾

Financial Services listed as a negative/excluded sector (×1
latest )

Wins

OK with end-use of funds for share buyback
Prefers Private Limited or Public company types, high importance
Wants more concrete collateral and cash flows
Concerned company has not scaled much over 17 years

4 more ▾

Flagged small scale of company as a concern
…more in playbook
OK with end-use of funds for share buyback
Prefers Private Limited or Public company types, high importance

Behaviour & gates

Borrower: CIBIL ≥650
avoid: Gems and Jewellery, Explosives, Arms and Ammunitions, Financial Services (varies by product)
Goa, Gujarat, Maharashtra, Madhya Pradesh, Dadra and Nagar Haveli and Daman and Diu
Private Limited, Public (varies by product)
Financials: rev ≥₹100cr
TOL/adjusted tangible net worth ≤5

28 more ▾

debt/EBITDA ≤4
maximum annualrevenue: 2000
debt/networth ≤4
DSCR ≥1
networth ≥₹10cr (loan against property, secured term loan only)
Deal: rate 10–18% (range across products — see matrix)
ticket ₹10–500cr (range across products — see matrix)
tenure 12–120mo (range across products — see matrix)
no PEP
Security (observed): 1st/pari-passu charge on current assets (100%)
FD margin 10–15% (100%)
Personal Guarantee Of Promoters / Directors / Property Owner (100%)
share pledge ≤51% (50%)
Fixed Deposit <5% (50%)
FD margin 5–10% (50%)
FD margin 15–20% (50%)
FD margin 20–30% (50%)
Personal Guarantee Of Promoters/Directors (50%)
1st charge on immovable assets (50%)
Escrow Of Cashflows (50%)
1st charge on P&M (50%)
median ticket ₹20cr
median rate 13%
median turnaround 597d
Security asked in : Personal Guarantee Of Promoters/Directors (×7), 1st/pari-passu charge on current assets (×6), Fixed Deposit <5% (×6), FD margin 5–10% (×6)
Security asked in : Personal Guarantee Of Promoters/Directors (×7), 1st/pari-passu charge on current assets (×5), Escrow Of Cashflows (×3), 1st charge on immovable assets (×3)
Security asked in 2026: 1st/pari-passu charge on current assets (×2), FD margin 10–15% (×2), Personal Guarantee Of Promoters / Directors / Property Owner (×2), share pledge ≤51% (×1)
share → in-principle approval (initial interest): ≈11d

— Products & indicative terms

What Aditya Birla lends, and on what terms

What has actually been offered on live transactions, not brochure numbers. Treat them as the band you are likely to be quoted inside, not a promise. Open a row for that product's credit box.

Product	Ticket	Pricing	Tenure	Arm
Cashflow Financing▾▴ Turnaround ~16d Wins Asks for Debt schedule / sanction letters (×1) — e.g. Borrowing clause to be incorporated in the MOA Behaviour & gates Offered terms (past deals): rate 15.5–16.2–18% ₹0.5–1.2–3 Cr 6–12–18 mo Turnaround: ≈16 days (share→disburse) Approval process for this deal will take another 2-3 days Borrower is currently funded through Incred 2 more ▾ ▴ Borrower is currently funded through UGro Capital Company already has a term sheet in place with Venture Soul that involves warrants	₹0.5–3 cr	15.5–18%	6–18 mo	Capital
Purchase Invoice Discounting▾▴ Turnaround ~27d Rejects Negative sectors EngineeringProcurementand Construction (EPC)Gems and JewelleryExplosivesArms and AmmunitionsDefence ManufacturingFinancial ServicesPowerGambling and BettingLottery BusinessMining Companies Wins Director overdue: 0.001 INR Cr External Rating: Unrated Director CIBIL: 650 → funded cohort ≈708 States: pan-India 22 more ▾ ▴ Min company age (yr): 2 Years Company types: Private Limited, Public, Sole proprietorship, Limited Liability Partner Min EBITDA (₹cr): 0 [basis: Gross — attachment abc unsecured business loan Credit Policy Summary.pdf] → funded cohort ≈10.28 Min revenue (₹cr): 15 → funded cohort ≈112 Debt / EBITDA: 4 → funded cohort ≈3.29 Min Networth: 0 INR Cr → funded cohort ≈24.53 Debt / Net worth: 4 → funded cohort ≈0.81 Debt Service Coverage Ratio: 1 → funded cohort ≈2.48 Max EBITDA: 100 INR Cr [basis: Gross — attachment abc unsecured business loan Credit Policy Summary.pdf] Offered terms (past deals): rate 11.5–13.1–15% ₹1–2.6–10 Cr 12–12–12 mo Turnaround: ≈27 days (share→disburse) Asks for Other (×30) — e.g. PAN required to run initial checks Asks for GST / integration (×13) — e.g. GST certificate required to run initial checks Asks for Bank statements (×6) — e.g. Bank statements requested for two accounts (Yes 132 and Yes 669) for period Apri Asks for Legal / KYC (×6) — e.g. ABFL requires LEI (Legal Entity Identifier) certificate Asks for Debt schedule / sanction letters (×3) — e.g. Requires sanction letters for existing working capital limits (CC/OD/Channel Fin Asks for Provisional financials (×3) — e.g. ABFL requires Audited Balance Sheet (ABS) for FY24-25 Asks for Term sheet (×3) — e.g. Requires original PDF current account / CC or OD statements from Kotak, HDFC, Ye Asks for Audited financials (×1) — e.g. Credit will not move ahead without audited financials Asks for Cap table / equity (×1) — e.g. ABFL requires CA certified shareholding pattern Behaviour & gates Min tenure (mo): 12 Months Min ticket (₹cr): 0 Max tenure (mo): 84 Months Min rate (%): 9 Max ticket (₹cr): 500 Security required: ['Fixed Deposit 10 - 15%', 'Personal Guarantee of Promoters / Directors / Property Owner'], ['Fixed Deposit 5 - 10%'], ['Charge on Immovable Fixed Assets - Pari Passu First Charge', 'Charge On Current Assets - Pari Passu First Charge', 'Personal Guarantee of Promoters / Directors / Property Owner'], ['Escrow Of Cashflows', 'Fixed Deposit 15 - 20%', 'Charge On Current Assets - Pari Passu First Charge', 'Personal Guarantee of Promoters / Directors / Property Owner'], ['Charge On Current Assets - Pari Passu First Charge', 'Charge On Movable Fixed Assets/Plant & Machinery - Exclusive First Charge', 'Personal Guarantee of Promoters / Directors / Property Owner', 'Escrow Of Cashflows'] 32 more ▾ ▴ Max rate (%): 16 Politically Exposed Person: No rate — stated 9–16%, actually offered 11.5–15% → within stated band Amount — stated 0–500 Cr, actually offered 1–10 Cr → within stated band Tenure — stated 12–84 mo, actually offered 12–12 mo → within stated band This is an existing sanctioned client and hence we can't move forward with this (×1 latest ) Client already availed a ₹50 lakh purchase invoice discounting limit from ABF through a Finac (different) partner, so lender cannot move this case with latest ) Discontinued the Jocata-based programme (×1 latest ) TR Enterprises was rejected under STUL: applicant not justifying business activity, low standard of living, no business activity seen during verification (×1 latest ) ABFL dropped the deal as they cannot go over 5 cr in group level exposure (×1 latest ) Gorakhpur is not a serviceable location (×1 latest ) Will not do purchase invoice discounting (purchase invoice discounting) where sourcing is from farmers (×1 latest ) Company not okay with a revolving line facility (×1 latest ) Passed on the deal (declined) — ABFL (×1 latest ) ABFL does not consider Nil / exempted revenue for its 100Cr threshold since all of the company's products are Nil Rated, ABFL will not be able to proceed forward here (×1 latest ) Lender open to exploring a TReDS limit for this case instead of/alongside other structures (×1 latest ) Open to exploring a TReDS (Trade Receivables Discounting System) limit for the deal (×1 latest ) Supply Chain Finance desk indicates they can explore a TReDS (Trade Receivables Discounting System) limit for this deal (×1 latest )	₹1–10 cr	11.5–15%	12 mo	Capital
Secured Term Loan▾▴ Turnaround ~597d Rejects Negative sectors Gems and JewelleryExplosivesArms and AmmunitionsFinancial ServicesAgriculture and Allied IndustriesAuto ComponentsAutomobilesAviationBankingBiotechnologyCementChemicals Wins Director overdue: 0.001 INR Cr Director CIBIL: 650 States: Goa, Gujarat, Maharashtra, Madhya Pradesh, Dadra and Nagar Haveli and Daman and Diu Company types: Private Limited, Public 12 more ▾ ▴ Min EBITDA (₹cr): 0 Min revenue (₹cr): 100 Max EBITDA: 100 INR Cr Debt / EBITDA: 4 Max revenue (₹cr): 2000 Debt / Net worth: 4 Debt Service Coverage Ratio: 1 Min Networth: 10 INR Cr Offered terms (past deals): rate 13–13.5–14% ₹20–20–20 Cr 36–36–36 mo Turnaround: ≈597 days (share→disburse) Behaviour & gates Min tenure (mo): 12 Months Min ticket (₹cr): 10 Max tenure (mo): 120 Months Min rate (%): 10 Politically Exposed Person: No Max ticket (₹cr): 500 25 more ▾ ▴ Security required: ['Charge on Immovable Fixed Assets - Pari Passu First Charge', 'Charge On Current Assets - Pari Passu First Charge', 'Personal Guarantee of Promoters / Directors / Property Owner'], ['Escrow Of Cashflows', 'Fixed Deposit 15 - 20%', 'Charge On Current Assets - Pari Passu First Charge', 'Personal Guarantee of Promoters / Directors / Property Owner'], ['Charge On Current Assets - Pari Passu First Charge', 'Charge On Movable Fixed Assets/Plant & Machinery - Exclusive First Charge', 'Personal Guarantee of Promoters / Directors / Property Owner', 'Escrow Of Cashflows'], ['Charge on Immovable Fixed Assets - Exclusive First Charge', 'Personal Guarantee of Promoters / Directors / Property Owner'], ['Escrow Of Cashflows', 'Charge on Immovable Fixed Assets - Exclusive First Charge', 'Personal Guarantee of Promoters / Directors / Property Owner'] Max rate (%): 18 rate — stated 10–18%, actually offered 13–14% → within stated band Amount — stated 10–500 Cr, actually offered 20–20 Cr → within stated band Tenure — stated 12–120 mo, actually offered 36–36 mo → within stated band End use is not acceptable to lender (×1 latest ) Dropped the deal citing weak security structure (×1 latest ) Will need hard collateral (×1 latest ) Wary of the deal — looks tough due to high leverage (×1 latest ) Concerned company has not scaled much over 17 years (×1 latest ) Wants more concrete collateral and cash flows (×1 latest ) Flagged small scale of company as a concern (×1 latest ) 5-year tenure mandatory for leasing deals ABFL is banker to the group company; can connect with relevant RM if given the mandate Large corp is already a lender in the group concern Can fund 50-75% of land value Deal discussed at ₹15 Cr amount, 13.5% rate FD (security deposit) of 25% required	₹20 cr	13–14%	36 mo	Finance

Also offered, with no terms observed yet: Distributor Financing, Loan Against Property, Overdraft / Cash Credit, Sales Invoice Discounting, Unsecured Business Loan, Working Capital Demand Loan, Loan Against Securities.

— Typical term sheet

What a sanction from Aditya Birla actually looks like

Reconstructed from real sanction letters. Small samples, so read them as observed rather than as a rule.

Aditya Birla Capital Limited

Specimen sanction

Representative of the median file. Your actual terms will move with rating, security cover and relationship.

Indicative

How often each clause appears

Share of the 110 sanction letters carrying the clause.

Other standing covenants39%

Aditya Birla Finance Limited

Specimen sanction

Representative of the median file. Your actual terms will move with rating, security cover and relationship.

Indicative

How often each clause appears

Share of the 100 sanction letters carrying the clause.

Other standing covenants41%

— Security & covenants

What they will ask you to pledge

Counted across the sanction letters read. A combination is normal, and most files carry more than one.

Aditya Birla Capital Limited

Post-dated cheques / auto-debit mandate7 letters
Cheques5 letters
Goods
debts and assets4 letters
Immovable Property / Real Estate Units2 letters
Receivables (Hypothecation)2 letters
Current Assets / Receivables2 letters

Post-dated cheques / auto-debit mandate ×7, Cheques ×5, Goods, debts and assets ×4, Immovable Property / Real Estate Units ×2, Receivables (Hypothecation) ×2, Current Assets / Receivables ×2

Aditya Birla Finance Limited

Post-dated cheques / auto-debit mandate7 letters
Goods
debts and assets4 letters
Cheques3 letters
Receivables (Hypothecation)2 letters
Immovable Property / Real Estate Units2 letters
Current Assets / Receivables2 letters

Post-dated cheques / auto-debit mandate ×7, Goods, debts and assets ×4, Cheques ×3, Receivables (Hypothecation) ×2, Immovable Property / Real Estate Units ×2, Current Assets / Receivables ×2

— Common questions

What borrowers ask about Aditya Birla

What does Aditya Birla lend?: Aditya Birla writes cashflow financing, distributor financing, loan against property, loan against securities, overdraft / cash credit, purchase invoice discounting and 4 further products. Across those, observed facilities run ₹50 lakh to ₹20 cr.
What ticket size does Aditya Birla offer?: Facilities observed on live transactions run from ₹50 lakh to ₹20 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.
What rate does Aditya Birla charge?: Rates observed on live transactions fall between 11.5% and 18% a year. Tenures run 6 to 36 months. These are observed figures, not a quote, and the rate you are offered depends on your file.
How long does Aditya Birla take to disburse?: About 19 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it.
What are Aditya Birla's eligibility criteria?: The first screen is the bureau: a borrower CIBIL of at least 650. Revenue, leverage and debt-service thresholds apply on top and vary by product. The full credit box for each product is set out on this page.

Next steps after Aditya Birla

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Last updated 29 September 2026

Lender intelligence dossier - screening gates, per-product terms and sanction observations, derived from lender policy documents and observed transactions. Figures are observed from a sample and are not an offer, a commitment, or a statement of Aditya Birla's current policy. Terms are set by the lender at the time of sanction.