What ticket size does ICICI Bank offer?

Facilities observed on live transactions run from ₹2 cr to ₹10 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.

What rate does ICICI Bank charge?

Rates observed on live transactions fall between 9% 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 ICICI Bank take to disburse?

About 105 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 ICICI 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.

Lender profile

ICICI Bank business loans

ICICI Bank is on Recur Club's lender panel, writing cgtmsme overdraft cash credit, cgtmsme working capital demand loan, loan against property and 5 other products. Observed tickets run ₹2 cr to ₹10 cr, priced between 9% and 10%. Median turnaround from application to disbursal is about 105 days.

✓Tickets from ₹2 Cr – ₹10 Cr across 11 products
✓Indicative pricing 9% – 10%, as quoted on live transactions
✓Around 105 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

₹7 Cr

Median sanction

105

Days median turnaround

226

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.

Icici Bank Limited

Rejects

Non-negotiables are ethical bookkeeping, strong management and a strong finance team
flags that SME/startup numbers can be fudged or mis-stated due to weak accounting
Declined a profitable Chennai diagnostic-centre deal because receivables were tied to government subsidised-treatment programmes with heavily delayed/uncertain payments
Cites Bizongo as a cautionary precedent — won't follow the crowd into SME order-financing models without deep pockets, after Bizongo got only a small line and exited

9 more ▾

We will not be able to fund capex to Bycyshare as of now.
Not pursuing diamond sector deals - scale too small currently.
Cites Bizongo as a cautionary precedent — won't follow the crowd into SME order-financing models without deep pockets, after Bizongo got only a small line and exited (×1
latest )
Declined a profitable Chennai diagnostic-centre deal because receivables were tied to government subsidised-treatment programmes with heavily delayed/uncertain payments (×1
latest )
Non-negotiables are ethical bookkeeping, strong management and a strong finance team
flags that SME/startup numbers can be fudged or mis-stated due to weak accounting (×1
latest )

Wins

Generally prefers the Hybrid model under CGTMSE
Not willing to get into a price war with any lender
Aggressively deploying almost exclusively under ECLGS currently to support AUM growth and NIM, limited new deal appetite this month
Open to not-yet-profitable companies on a clear path to profitability, provided the inventory/data/working-capital cycle is manageable

8 more ▾

Broad appetite for climate tech (EVs, batteries), AI across infrastructure/platform/application, and manufacturing such as scrap-to-industrial and waste-to-low-emission conversion
…more in playbook
Generally prefers the Hybrid model under CGTMSE
Not willing to get into a price war with any lender
Aggressively deploying almost exclusively under ECLGS currently to support AUM growth and NIM, limited new deal appetite this month
Open to not-yet-profitable companies on a clear path to profitability, provided the inventory/data/working-capital cycle is manageable
Broad appetite for climate tech (EVs, batteries), AI across infrastructure/platform/application, and manufacturing such as scrap-to-industrial and waste-to-low-emission conversion
Focus sectors are IT, SaaS, PAPG (payment aggregators) and Media

Behaviour & gates

Borrower: CIBIL ≥650
age ≥2y (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
avoid: Real Estate (non asset Light) (varies by product)
Telangana (varies by product)
Private Limited, Public, Sole proprietorship, Limited Liability Partner (varies by product)
sector-agnostic (45 sectors — full list in data JSON) (varies by product)

21 more ▾

Financials: TOL/adjusted tangible net worth ≤4
debt/EBITDA ≤3
debt/networth ≤3
DSCR ≥1
rev ≥₹10cr (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
maximum annualrevenue: 100 (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
maximum networth: 1000 (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
Deal: rate 7–16% (range across products — see matrix)
ticket ₹0–200cr (range across products — see matrix)
tenure 0–180mo (range across products — see matrix)
no PEP
Security (observed): 1st/pari-passu charge on current assets (100%)
Personal Guarantee Of Promoters / Directors / Property Owner (94%)
median ticket ₹10cr
median rate 11%
median turnaround 105d
Security asked in : 1st/pari-passu charge on current assets (×7), Personal Guarantee Of Promoters/Directors (×4), FD margin 20–30% (×4), FD margin 10–15% (×2)
Security asked in 2026: 1st/pari-passu charge on current assets (×17), Personal Guarantee Of Promoters / Directors / Property Owner (×16), 1st charge on P&M (×8), FD margin 20–30% (×4)
share → in-principle approval (initial interest): ≈34d
in-principle approval → sanction (underwriting): ≈85d
sanction → disburse (closing): ≈15d

Icici Limited

Wins

Lender was not very keen on the Oil Rig sector or on small-scale firms when previously reviewed
ICICI reviewed this case in Mar'26 and did not proceed at the time; may look at it again after 2-3 quarters

Behaviour & gates

Borrower: CIBIL ≥650
wilful defaulter: No (varies by product)
age ≥3y (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
revenue from related parties: 10 (varies by product)
avoid: Real Estate (non asset Light) (varies by product)
Maharashtra (varies by product)

20 more ▾

Private Limited, Public, Sole proprietorship, Limited Liability Partner
sector-agnostic (43 sectors — full list in data JSON) (varies by product)
Financials: debt/EBITDA ≤3
debt/networth ≤3
maximum networth: 1000 (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
rev ≥₹10cr (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
TOL/adjusted tangible net worth ≤4 (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
networth ≥₹1cr (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
maximum annualrevenue: 100 (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
DSCR ≥1 (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
Deal: rate 7–16% (range across products — see matrix)
ticket ₹2–200cr (range across products — see matrix)
tenure 12–180mo (range across products — see matrix)
Security (observed): 1st charge on immovable assets (100%)
1st/pari-passu charge on current assets (100%)
Personal Guarantee Of Promoters / Directors / Property Owner (67%)
median ticket ₹50cr
median rate 10%
median turnaround —
Security asked in 2026: 1st charge on immovable assets (×3), 1st/pari-passu charge on current assets (×3), Personal Guarantee Of Promoters / Directors / Property Owner (×2), FD margin 20–30% (×1)

— Products & indicative terms

What ICICI Bank 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
Cgtmsme Overdraft Cash Credit▾▴ Turnaround ~7d Rejects Negative sectors Financial ServicesReal Estate (non asset Light)BankingExplosivesArms and AmmunitionsGambling and BettingInsuranceLottery BusinessMedia and EntertainmentTobacco Products Wins Director overdue: 0.001 INR Cr States: pan-India Company types: Private Limited, Public, Sole proprietorship, Limited Liability Partner Min company age (yr): 2 Years 14 more ▾ ▴ Director CIBIL: 650 Min revenue (₹cr): 10 Debt / EBITDA: 3 Max revenue (₹cr): 100 Max Networth: 1000 INR Cr Min Networth: 0 INR Cr Debt / Net worth: 3 Debt Service Coverage Ratio: 1 Offered terms (past deals): rate 9–9–9% ₹2–2–2 Cr 12–12–12 mo Turnaround: ≈7 days (share→disburse) Asks for Provisional financials (×7) — e.g. Lender requested March provisional numbers to review financial ratios Asks for Other (×3) — e.g. Valuation report required by ICICI (already shared) Behaviour & gates Min tenure (mo): 0 Months Min ticket (₹cr): 0 Max tenure (mo): 120 Months Min rate (%): 7 Politically Exposed Person: No Max ticket (₹cr): 100 14 more ▾ ▴ Security required: ['Charge On Current Assets - Exclusive First Charge', 'Personal Guarantee of Promoters / Directors / Property Owner'], ['Charge On Current Assets - Pari Passu First Charge', 'Personal Guarantee of Promoters / Directors / Property Owner'], ['Charge on Immovable Fixed Assets - Exclusive First Charge'] Max rate (%): 15 End Use Of Capital: Purchase of Machinary, Working Capital, Growth / Runway Extension, Purchase of Vehicles, General Corporate Purpose rate — stated 7–15%, actually offered 9–9% → within stated band Amount — stated 0–100 Cr, actually offered 2–2 Cr → within stated band Tenure — stated 0–120 mo, actually offered 12–12 mo → within stated band ICICI flagged company's net worth as low, triggering need for revised valuation ICICI reduced the sanction limit from 10 crores to 8 crores ICICI's internal network blocks access to the Sanction expected by next week, pending on the lender's side Sanction expected this week, with closure targeted for August Team is pushing to close the deal this month Sanction letter (SL) expected to be shared today Lender exploring pursuing the loan outside the CGTMSE scheme with alternative security arrangements	₹2 cr	9%	12 mo	Icici Bank
Working Capital Demand Loan▾▴ Turnaround ~203d Rejects Negative sectors Tobacco ProductsReal Estate (non asset Light)Oil and GasLottery BusinessGambling and BettingEngineeringProcurementand Construction (EPC)ExplosivesArms and AmmunitionsFinancial ServicesInfrastructure Wins Director overdue: 0.001 INR Cr Director CIBIL: 650 States HaryanaMaharashtraKarnatakaRajasthanDelhiTelangana Company types: Private Limited, Public, Sole proprietorship, Limited Liability Partner 15 more ▾ ▴ Debt / EBITDA: 3 Debt / Net worth: 3 Debt Service Coverage Ratio: 1 Offered terms (past deals): rate 10–10–10% ₹10–10–10 Cr 12–12–12 mo Turnaround: ≈203 days (share→disburse) Asks for Other (×6) — e.g. ICICI requires the company to set up a Fixed Deposit; ICICI has shared the FD fo Asks for Audited financials (×4) — e.g. Audited financial statements requested Asks for Bank statements (×1) — e.g. Bank statements Asks for Cap table / equity (×1) — e.g. Latest fully diluted cap table Asks for Debt schedule / sanction letters (×1) — e.g. Requires current borrowings details with sanction letters and repayment schedule Asks for GST / integration (×1) — e.g. GST returns from April to November Asks for Provisional financials (×1) — e.g. Once audited FS and provisionals are in hand, the file can be put up for sanctio Asks for Receivable/inventory ageing (×1) — e.g. Debtors ageing statement for September Behaviour & gates Min tenure (mo): 3 Months Min ticket (₹cr): 1 Max tenure (mo): 120 Months Min rate (%): 8 Max ticket (₹cr): 200 Security required: 8 values → data JSON 16 more ▾ ▴ Max rate (%): 16 rate — stated 8–16%, actually offered 10–10% → within stated band Amount — stated 1–200 Cr, actually offered 10–10 Cr → within stated band Tenure — stated 3–120 mo, actually offered 12–12 mo → within stated band ICICI is pushing for a Personal Guarantee (personal guarantee) from promoters as part of terms (×1 latest ) Audited FS finalization is gated on a board meeting approving them Deal already sanctioned by ICICI BBG team; negative list flag not updated correctly for this borrower. ICICI wants an in-person meeting with the promoters as part of the process DP (drawing power) arrangement is not sitting well with the lender on this deal Lender can consider exposure in the range of ₹5-8Cr Proposed loan quantum enhanced from ₹10cr to ₹12cr Disbursement is linked to/contingent on the equity round closing in January Lender wants clarity on timeline of the ≈2mn equity round before proceeding LC terms must be finalized before proceeding with the ICICI facility Non-CGTSME exposure requires 30% FD coverage under hybrid CGTSME CC arrangement with Yes Bank	₹10 cr	10%	12 mo	Icici Bank

Also offered, with no terms observed yet: Cgtmsme Working Capital Demand Loan, Loan Against Property, Loan Against Securities, Overdraft / Cash Credit, Sales Invoice Discounting, Secured Term Loan.

— Typical term sheet

What a sanction from ICICI Bank actually looks like

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

Icici Bank 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 115 sanction letters carrying the clause.

Other standing covenants69%

Icici 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 111 sanction letters carrying the clause.

Other standing covenants68%

— 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.

Icici Bank Limited

Fixed Deposit40 letters
Current Assets40 letters
Immovable Fixed Assets24 letters
Movable Fixed Assets15 letters
Immovable Property7 letters
Property5 letters

Fixed Deposit ×40, Current Assets ×40, Immovable Fixed Assets ×24, Movable Fixed Assets ×15, Immovable Property ×7, Property ×5

Icici Limited

Current Assets39 letters
Fixed Deposit39 letters
Immovable Fixed Assets23 letters
Movable Fixed Assets15 letters
Immovable Property7 letters
Property5 letters

Current Assets ×39, Fixed Deposit ×39, Immovable Fixed Assets ×23, Movable Fixed Assets ×15, Immovable Property ×7, Property ×5

— Common questions

What borrowers ask about ICICI Bank

What does ICICI Bank lend?: ICICI Bank writes cgtmsme overdraft cash credit, cgtmsme working capital demand loan, loan against property, loan against securities, overdraft / cash credit, sales invoice discounting and 2 further products. Across those, observed facilities run ₹2 cr to ₹10 cr.
What ticket size does ICICI Bank offer?: Facilities observed on live transactions run from ₹2 cr to ₹10 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.
What rate does ICICI Bank charge?: Rates observed on live transactions fall between 9% 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 ICICI Bank take to disburse?: About 105 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 ICICI 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.

Next steps after ICICI Bank

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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 ICICI Bank's current policy. Terms are set by the lender at the time of sanction.