# Axis Bank business loans > Axis Bank is on Recur Club's lender panel, writing dropline overdraft, loan against securities, overdraft / cash credit and 4 other products. Observed tickets run ₹25 cr to ₹25 cr, priced between 10% and 10%. Median turnaround from application to disbursal is about 83 days. Source: https://www.recurclub.com/lenders/axis-bank Last updated: 2026-09-29 ## Products and indicative terms Observed on live transactions. Not an offer or a quote. | Product | Ticket | Rate | Tenure | |---|---|---|---| | Working Capital Demand Loan | ₹25 cr | 10% | 12 mo | Also offered, with no terms observed yet: Dropline Overdraft, Loan Against Securities, Overdraft / Cash Credit, Purchase Invoice Discounting, Sales Invoice Discounting, Secured Term Loan. ## Eligibility - Axis Bank Limited ### Will not fund - SME team will not fund loss-making companies - Only looking for profitable companies - Cannot fund loss-making companies - Won't do FIG and PSU sectors - dropped by axis - At this scale, not okay with the security offered - This team doesn't do CGTMSE - Axis is an investor in NAB so can't pursue - Not looking for loans under CGSS as of now - SME team will not fund loss-making companies (×1 · latest ) - Only looking for profitable companies (×1 · latest ) - Cannot fund loss-making companies (×1 · latest ) - Won't do FIG and PSU sectors (×1 · latest ) ### Prefers - Can lend to companies whether bootstrapped or fund-raised - PMF (product-market fit) is important to them - Prefers scalable business models - Can do EBITDA-negative companies - Sector agnostic; can consider bootstrapped companies case-to-case - …more in playbook - Can lend to companies whether bootstrapped or fund-raised - PMF (product-market fit) is important to them - Prefers scalable business models - Can do EBITDA-negative companies - Sector agnostic; can consider bootstrapped companies case-to-case - Looks for growth trajectory and improvement in bottomline/EBITDA - Collateral not mandatory, except trading where minimum collateral of 30-100% is needed - Avoid gems & jewellery, EPC (especially Karnataka/Andhra), and plastics/crude-oil derivatives currently - Prefers residential property as best security, can also take land/other property or FD if no other collateral, with FD most preferred fallback - Cautious on textile sector currently ### Screening gates and observed behaviour - Borrower: CIBIL ≥650 · age ≥2y · Karnataka (varies by product) · avoid: Financial Services, Real Estate (asset Light), Real Estate (non asset Light), Gems and Jewellery, Insurance, Banking, E-Commerce (varies by product) · Private Limited, Public, Sole proprietorship, Limited Liability Partner · sector-agnostic (47 sectors — full list in data JSON) (varies by product) - Financials: rev ≥₹30cr (bank guarantee, domestic factoring, dropline overdraft, export financing, import factoring, letter of credit, loan against property, loan against securities, machinery loan, overdraft / cash credit, purchase invoice discounting, sales invoice discounting, secured term loan, vehicle financing, vendor financing, working capital demand loan) · rev ≥₹150cr (credit card, EQUITY, finance lease, operating lease) · TOL/adjusted tangible net worth ≤4 · debt/EBITDA ≤3 · debt/networth ≤3 · DSCR ≥1 - Deal: rate 8–16% (range across products — see matrix) · ticket ₹0–500cr (range across products — see matrix) · tenure 12–180mo (range across products — see matrix) · no PEP - Security (observed): 1st/pari-passu charge on current assets (100%) · Personal Guarantee Of Promoters / Directors / Property Owner (85%) · FD margin 20–30% (85%) - median ticket ₹11cr - median rate 11% - median turnaround — - Security asked in : 1st/pari-passu charge on current assets (×3), Escrow Of Cashflows (×2), Personal Guarantee Of Promoters/Directors (×1), FD margin 20–30% (×1) - Security asked in : 1st/pari-passu charge on current assets (×12), Personal Guarantee Of Promoters/Directors (×7), FD margin 20–30% (×6), FD margin 15–20% (×3) - Security asked in 2026: 1st/pari-passu charge on current assets (×13), Personal Guarantee Of Promoters / Directors / Property Owner (×11), FD margin 20–30% (×11), 1st charge on P&M (×6) - share → in-principle approval (initial interest): ≈73d ## Eligibility - AXIS FINANCE LIMITED ### Screening gates and observed behaviour - Borrower: CIBIL ≥650 · avoid: Financial Services (varies by product) · pan-India · Private Limited, Public, Limited Liability Partner (varies by product) · positive sector: Education and Training, Tourism and Hospitality, Healthcare (varies by product) - Financials: TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · debt/networth ≤4 · DSCR ≥1 - Deal: rate 9–15% (range across products — see matrix) · ticket ₹10–1000cr (range across products — see matrix) · tenure 12–108mo (range across products — see matrix) - Security (observed): 1st/pari-passu charge on current assets (100%) · Immovable Fixed Assets - Pari Passu First Charge (100%) · Personal Guarantee Of Promoters / Directors / Property Owner (50%) · 1st charge on immovable assets (50%) · Movable Fixed Assets/Plant & Machinery - Pari Passu First Charge (50%) · FD margin 10–15% (50%) - median ticket ₹50cr - median rate 13% - median turnaround — - Security asked in : 1st/pari-passu charge on current assets (×4), Fixed Deposit <5% (×3), FD margin 5–10% (×3), FD margin 10–15% (×3) - Security asked in : Personal Guarantee Of Promoters/Directors (×6), 1st charge on immovable assets (×4), Escrow Of Cashflows (×3), 1st/pari-passu charge on current assets (×2) - Security asked in 2026: 1st/pari-passu charge on current assets (×2), Immovable Fixed Assets - Pari Passu First Charge (×2), Personal Guarantee Of Promoters / Directors / Property Owner (×1), 1st charge on immovable assets (×1) ## Eligibility - axis ltd ### Prefers - Credit committee reschedules around local holidays (moved to Tuesday for Muharram) - Bank shared empaneled advocate - Credit committee decision targeted for Fri/Sat with sanction expected the same day ### Screening gates and observed behaviour - Borrower: CIBIL ≥650 · age ≥2y · avoid: Real Estate (asset Light), Real Estate (non asset Light), Gems and Jewellery, Financial Services, Insurance, Banking, E-Commerce (varies by product) · Private Limited, Public, Sole proprietorship, Limited Liability Partner (varies by product) · sector-agnostic (47 sectors — full list in data JSON) (varies by product) - Financials: rev ≥₹30cr (bank guarantee, domestic factoring, dropline overdraft, export financing, import factoring, letter of credit, loan against property, loan against securities, machinery loan, overdraft / cash credit, purchase invoice discounting, sales invoice discounting, secured term loan, vehicle financing, vendor financing, working capital demand loan) · rev ≥₹150cr (credit card, EQUITY, finance lease, operating lease) · TOL/adjusted tangible net worth ≤4 (varies by product) · debt/EBITDA ≤3 · debt/networth ≤3 · DSCR ≥1 (varies by product) - Deal: rate 8–16% (range across products — see matrix) · ticket ₹5–500cr (range across products — see matrix) · tenure 12–180mo (range across products — see matrix) · no PEP - Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%) · 1st/pari-passu charge on current assets (75%) · Escrow Of Cashflows (50%) · FD margin 15–20% (50%) · 1st charge on P&M (50%) - median ticket ₹30cr - median rate 9% - median turnaround 83d - Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×4), 1st/pari-passu charge on current assets (×3), Escrow Of Cashflows (×2), FD margin 15–20% (×2) - share → in-principle approval (initial interest): ≈48d - in-principle approval → sanction (underwriting): ≈24d - sanction → disburse (closing): ≈11d ## Sanctioned terms (from 96 real sanction letters) ### Sanctioned amount: median ₹7 cr (₹10L–₹124.5 cr) · RENEWAL ×16 · NEW ×15 · ENHANCEMENT ×12 · ADHOC ×3 - median ₹7 cr (₹10L–₹124.5 cr) · RENEWAL ×16 · NEW ×15 · ENHANCEMENT ×12 · ADHOC ×3 ### Typical security: Current Assets ×19, Movable Fixed Assets ×8, Fixed Deposit Receipt ×6, Fixed Deposit Receipt (FDR) ×6, Current Assets (Hypothecation) ×5, Immovable Property ×4 - Current Assets ×19, Movable Fixed Assets ×8, Fixed Deposit Receipt ×6, Fixed Deposit Receipt (FDR) ×6, Current Assets (Hypothecation) ×5, Immovable Property ×4 ### Typical covenants: - Other standing covenants — 56% of letters (e.g. "Notwithstanding anything mentioned above, Axis Bank can add, delete, or modify all or any of the aforesaid terms & conditions without any reference to the borro…") - Other standing covenants — 56% of letters (e.g. "Notwithstanding anything mentioned above, Axis Bank can add, delete, or modify all or any of the aforesaid terms & conditions without any reference to the borro…") ### Term sheet by ticket size: (facilities, largest first) - (facilities, largest first) ## Sanctioned terms (from 2 real sanction letters) ### Sanctioned amount: median ₹40L (₹30L–₹50L) · NEW ×1 - median ₹40L (₹30L–₹50L) · NEW ×1 ### Typical covenants: - No further borrowing without lender consent — 50% of letters (e.g. "Save for exceptions permitted under this Sanction Letter, if the Borrower incurs additional borrowing or obligations without AFL's consent, it constitutes a mat…") - No further borrowing without lender consent — 50% of letters (e.g. "Save for exceptions permitted under this Sanction Letter, if the Borrower incurs additional borrowing or obligations without AFL's consent, it constitutes a mat…") ### Term sheet by ticket size: (facilities, largest first) - (facilities, largest first) ## Sanctioned terms (from 102 real sanction letters) ### Sanctioned amount: median ₹6.5 cr (₹10L–₹124.5 cr) · NEW ×16 · RENEWAL ×16 · ENHANCEMENT ×12 · ADHOC ×3 - median ₹6.5 cr (₹10L–₹124.5 cr) · NEW ×16 · RENEWAL ×16 · ENHANCEMENT ×12 · ADHOC ×3 ### Typical security: Current Assets ×19, Movable Fixed Assets ×8, Fixed Deposit Receipt ×6, Fixed Deposit Receipt (FDR) ×6, Current Assets (Hypothecation) ×5, Immovable Property ×4 - Current Assets ×19, Movable Fixed Assets ×8, Fixed Deposit Receipt ×6, Fixed Deposit Receipt (FDR) ×6, Current Assets (Hypothecation) ×5, Immovable Property ×4 ### Typical covenants: - Other standing covenants — 56% of letters (e.g. "Notwithstanding anything mentioned above, Axis Bank can add, delete, or modify all or any of the aforesaid terms & conditions without any reference to the borro…") - Other standing covenants — 56% of letters (e.g. "Notwithstanding anything mentioned above, Axis Bank can add, delete, or modify all or any of the aforesaid terms & conditions without any reference to the borro…") ### Term sheet by ticket size: (facilities, largest first) - (facilities, largest first) ## Common questions ### What does Axis Bank lend? Axis Bank writes dropline overdraft, loan against securities, overdraft / cash credit, purchase invoice discounting, sales invoice discounting, secured term loan and 1 further products. Across those, observed facilities run ₹25 cr to ₹25 cr. ### What ticket size does Axis Bank offer? Facilities observed on live transactions run from ₹25 cr to ₹25 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for. ### What rate does Axis Bank charge? Rates observed on live transactions fall between 10% and 10% a year. Tenures run 12 to 12 months. These are observed figures, not a quote, and the rate you are offered depends on your file. ### How long does Axis Bank take to disburse? About 83 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 Axis Bank'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. --- Check which lenders fund a business like yours: https://www.recurclub.com/recur-market All lenders: https://www.recurclub.com/lenders 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 Axis Bank's current policy.