What ticket size does IDFC First offer?

Facilities observed on live transactions run from ₹3 cr to ₹30 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.

What rate does IDFC First charge?

Rates observed on live transactions fall between 10% and 11% 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 IDFC First take to disburse?

About 168 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 IDFC First'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

IDFC First business loans

Q: What does IDFC First lend?

IDFC First writes cgss over draft cash credit, cgtmsme overdraft cash credit, cgtmsme working capital demand loan, dropline overdraft, loan against property, overdraft / cash credit and 5 further products. Across those, observed facilities run ₹3 cr to ₹30 cr.

IDFC First is on Recur Club's lender panel, writing cgss over draft cash credit, cgtmsme overdraft cash credit, cgtmsme working capital demand loan and 8 other products. Observed tickets run ₹3 cr to ₹30 cr, priced between 10% and 11%. Median turnaround from application to disbursal is about 168 days.

✓Tickets from ₹3 Cr – ₹30 Cr across 11 products
✓Indicative pricing 10% – 11%, as quoted on live transactions
✓Around 168 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

₹80L

Median sanction

168

Days median turnaround

Sanction letters read

— The screen your file has to clear

The screen your file has to clear

What is checked before anything else, and applies to every product below.

Behaviour & gates

Borrower
CIBIL ≥650 (bank guaranteecgss over draft cash creditcgss working capital demand loandomestic factoringdropline overdraftexport financingimport factoringletter of creditloan against propertyloan against securitiesmachinery loanoverdraft / cash credit
CIBIL ≥700 (unsecured business loan)
age ≥2y (cgss over draft cash credit, cgss working capital demand loan, cgtmsme overdraft cash credit, cgtmsme working capital demand loan)
age ≥3y (unsecured business loan)
suit filed: No (unsecured business loan only)
wilful defaulter: No (unsecured business loan only)

40 more ▾

max usl enquiries l3 m: 10 (unsecured business loan only)
max ongoing ubl count: 8 (unsecured business loan only)
avg bank balance: 0.015 (unsecured business loan only)
Haryana, Uttar Pradesh, Delhi, Karnataka, Kerala, Maharashtra, Tamil Nadu, Puducherry (varies by product)
avoid: Explosives, Arms and Ammunitions, Gambling and Betting, Lottery Business (varies by product)
Private Limited (varies by product)
sector-agnostic (44 sectors — full list in data JSON) (varies by product)
Financials: TOL/adjusted tangible net worth ≤4 (varies by product)
debt/EBITDA ≤4 (bank guarantee, cgtmsme overdraft cash credit, cgtmsme working capital demand loan, letter of credit, overdraft / cash credit, secured term loan, working capital demand loan)
debt/EBITDA ≤3 (domestic factoring, dropline overdraft, export financing, import factoring, loan against property, loan against securities, machinery loan, purchase invoice discounting, sales invoice discounting, vehicle financing, vendor financing)
debt/networth ≤3 (varies by product)
DSCR ≥1 (bank guarantee, cgtmsme overdraft cash credit, cgtmsme working capital demand loan, 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)
DSCR ≥0.8 (unsecured business loan)
maximum runway: 60 (overdraft / cash credit, sales invoice discounting, secured term loan only)
minimum assetsundermanagement: 50 (secured term loan only)
gross non performing assets: 3 (secured term loan only)
runway ≥12mo (varies by product)
maximum tradereceivables: 120 (cgtmsme overdraft cash credit, cgtmsme working capital demand loan only)
rev ≥₹3cr (cgtmsme overdraft cash credit, cgtmsme working capital demand loan)
rev ≥₹1cr (unsecured business loan)
rev ≥₹5cr (cgss over draft cash credit, cgss working capital demand loan)
maximum tradepayables: 150 (cgtmsme overdraft cash credit, cgtmsme working capital demand loan only)
maximum workingcapitalgap: 180 (cgtmsme overdraft cash credit, cgtmsme working capital demand loan only)
maximum annualrevenue: 100 (varies by product)
Deal: rate 8–17% (range across products — see matrix)
ticket ₹0–500cr (range across products — see matrix)
tenure 0–300mo (range across products — see matrix)
no PEP
Security (observed): 1st/pari-passu charge on current assets (100%)
Personal Guarantee Of Promoters / Directors / Property Owner (75%)
FD margin 20–30% (50%)
median ticket ₹10cr
median rate 11%
median turnaround 168d
Security asked in : Personal Guarantee Of Promoters/Directors (×2), Escrow Of Cashflows (×2), 1st/pari-passu charge on current assets (×2), Fixed Deposit <5% (×2)
Security asked in : 1st/pari-passu charge on current assets (×9), FD margin 20–30% (×6), Personal Guarantee Of Promoters/Directors (×5), Personal Guarantee Of Promoters / Directors / Property Owner (×3)
Security asked in 2026: 1st/pari-passu charge on current assets (×28), Personal Guarantee Of Promoters / Directors / Property Owner (×21), FD margin 20–30% (×14), Movable Fixed Assets/Plant & Machinery - Pari Passu First Charge (×6)
share → in-principle approval (initial interest): ≈50d
in-principle approval → sanction (underwriting): ≈2d
sanction → disburse (closing): ≈49d

— Products & indicative terms

What IDFC First 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
Cgtmsme Overdraft Cash Credit▾▴ Turnaround ~57d Rejects Negative sectors ExplosivesArms and AmmunitionsFinancial ServicesGambling and BettingGems and JewelleryInsuranceLottery BusinessMedia and EntertainmentOthersTobacco ProductsTourism and Hospitality Wins Director overdue: 0.001 INR Cr Director Bureau Enquiries: 10 States: 9 values → data JSON Company types: Private Limited, Public, Sole proprietorship, Limited Liability Partner 22 more ▾ ▴ Min company age (yr): 2 Years Min Runway: 12 Months Min Annualrevenuegrowthrate: 0 % Max Tradereceivables: 120 INR Cr Min Tradereceivables: 0 INR Cr Min revenue (₹cr): 3 Min Tradepayables: 0 INR Cr Debt / EBITDA: 4 Max Tradepayables: 150 INR Cr Max Workingcapitalgap: 180 Days Min Workingcapitalgap: 0 Days Min Networth: 0 INR Cr Debt / Net worth: 3 Debt Service Coverage Ratio: 1 Max revenue (₹cr): 100 Equity Raised: 5 INR Cr Offered terms (past deals): rate 10.5–10.5–10.5% ₹5.2–5.2–5.2 Cr 12–12–12 mo Turnaround: ≈57 days (share→disburse) Asks for Audited financials (×3) Asks for GST / integration (×3) Behaviour & gates Min ticket (₹cr): 0 Max tenure (mo): 12 Months End Use Of Capital: 12 values → data JSON Min rate (%): 8 Politically Exposed Person: No Max ticket (₹cr): 100 6 more ▾ ▴ Security required: ['Personal Guarantee of Promoters / Directors / Property Owner', 'Charge On Current Assets - Exclusive First Charge'] Min tenure (mo): 0 Months Max rate (%): 13 rate — stated 8–13%, actually offered 10.5–10.5% → within stated band Amount — stated 0–100 Cr, actually offered 5.2–5.2 Cr → within stated band Tenure — stated 0–12 mo, actually offered 12–12 mo → within stated band	₹5.2 cr	10.5%	12 mo
Overdraft / Cash Credit▾▴ Turnaround ~171d Rejects Negative sectors ExplosivesArms and AmmunitionsGambling and BettingLottery BusinessTobacco ProductsGems and JewelleryFinancial ServicesInsuranceMedia and EntertainmentOthersTourism and HospitalityBanking Wins Director overdue: 0.001 INR Cr Director CIBIL: 650 States: pan-India Company types: Private Limited, Public, Sole proprietorship, Limited Liability Partner 21 more ▾ ▴ Debt / EBITDA: 4 → funded cohort ≈-0.49 Equity Raised: 5 INR Cr Debt / Net worth: 3 → funded cohort ≈0.47 Debt Service Coverage Ratio: 1 Min Annualrevenuegrowthrate: 0 % Max Runway: 60 Months Imminent Equity Raised: 12 INR Cr Offered terms (past deals): rate 10–10.5–11% ₹3–16.5–30 Cr 12–12–12 mo Turnaround: ≈171 days (share→disburse) Asks for Debt schedule / sanction letters (×5) Asks for Receivable/inventory ageing (×5) Asks for Audited financials (×4) Asks for Term sheet (×4) Asks for Bank statements (×3) Asks for Legal / KYC (×3) Asks for Provisional financials (×3) Asks for Cap table / equity (×1) Asks for Contracts/work orders (×1) Asks for GST / integration (×1) Behaviour & gates Min tenure (mo): 0 Months Min ticket (₹cr): 0 Max tenure (mo): 60 Months Min rate (%): 8 Max ticket (₹cr): 500 Security required: 9 values → data JSON 5 more ▾ ▴ Max rate (%): 16 Politically Exposed Person: No rate — stated 8–16%, actually offered 10–11% → within stated band Amount — stated 0–500 Cr, actually offered 3–30 Cr → within stated band Tenure — stated 0–60 mo, actually offered 12–12 mo → within stated band	₹3–30 cr	10–11%	12 mo

Also offered, with no terms observed yet: Cgss Over Draft Cash Credit, Cgtmsme Working Capital Demand Loan, Dropline Overdraft, Loan Against Property, Purchase Invoice Discounting, Sales Invoice Discounting, Secured Term Loan, Unsecured Business Loan, Working Capital Demand Loan.

— Typical term sheet

What a sanction from IDFC First actually looks like

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

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 50 sanction letters carrying the clause.

Other standing covenants50%

— 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.

Fixed Deposit9 letters
Current Assets and Moveable Fixed Assets4 letters
Commercial Property - Self Occupied4 letters
Current Assets4 letters
Immovable Property (Mortgage)4 letters
Fixed Deposit Receipt (FDR)3 letters

Fixed Deposit ×9, Current Assets and Moveable Fixed Assets ×4, Commercial Property - Self Occupied ×4, Current Assets ×4, Immovable Property (Mortgage) ×4, Fixed Deposit Receipt (FDR) ×3

— Common questions

What borrowers ask about IDFC First

What does IDFC First lend?: IDFC First writes cgss over draft cash credit, cgtmsme overdraft cash credit, cgtmsme working capital demand loan, dropline overdraft, loan against property, overdraft / cash credit and 5 further products. Across those, observed facilities run ₹3 cr to ₹30 cr.
What ticket size does IDFC First offer?: Facilities observed on live transactions run from ₹3 cr to ₹30 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.
What rate does IDFC First charge?: Rates observed on live transactions fall between 10% and 11% 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 IDFC First take to disburse?: About 168 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 IDFC First'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 IDFC First

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Last updated 7 October 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 IDFC First's current policy. Terms are set by the lender at the time of sanction.