# Karur Vysya business loans

Source: https://www.recurclub.com/lenders/karur-vysya
Last updated: 2026-10-20

## Eligibility

### Screening gates and observed behaviour

- Borrower: age ≥3y · CIBIL ≥650 · avoid: Aviation, Banking, Explosives, Arms and Ammunitions, Gambling and Betting, Gems and Jewellery, Insurance, Lottery Business, Media and Entertainment, Tobacco Products, Tourism and Hospitality (varies by product)
- Financials: runway ≥12mo · minimum annualrevenuegrowthrate: 10 · maximum tradereceivables: 120 · rev ≥₹125cr · TOL/adjusted tangible net worth ≤4 · debt/EBITDA ≤3 (varies by product) · maximum tradepayables: 120 · maximum workingcapitalgap: 120 · networth ≥₹10cr · debt/networth ≤4 (varies by product) · DSCR ≥1.2 (varies by product) · minimum assetsundermanagement: 750 (secured term loan only) · gross non performing assets: 3 (secured term loan only)
- Deal: no PEP
- Security: 1st/pari-passu charge on current assets · 1st charge on immovable assets · FD margin 40–50%

## Sanctioned terms (from 6 real sanction letters)

### Sanctioned amount: median ₹15 cr (₹75L–₹28 cr) · NEW ×3 · RENEWAL ×1

- median ₹15 cr (₹75L–₹28 cr) · NEW ×3 · RENEWAL ×1

### Typical security: Term Deposit / Cash Margin ×1, Current Assets / Book Debts / Stocks ×1, Stocks/Vehicles/Machinery ×1, Fixed Deposit ×1, Book Debts ×1, Commercial Vehicle (Tipper) ×1

- Term Deposit / Cash Margin ×1, Current Assets / Book Debts / Stocks ×1, Stocks/Vehicles/Machinery ×1, Fixed Deposit ×1, Book Debts ×1, Commercial Vehicle (Tipper) ×1

### Typical covenants: - No further charge / pledge of assets elsewhere — 67% of letters

- No further charge / pledge of assets elsewhere — 67% of letters

### Term sheet by ticket size: (facilities, largest first)

- (facilities, largest first)

## Common questions

### What are Karur Vysya'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.

### How do I apply to Karur Vysya?

You do not apply to Karur Vysya directly through Recur Club. Answer a short set of questions on Recur Market and your file is scored against Karur Vysya's own recorded criteria alongside every other lender on the panel, so you see where you fit before anyone is approached.

### Is Karur Vysya the right lender for my business?

It depends on which product you need, your sector and how your last two years of financials read. The credit box on this page is what Karur Vysya screens on; running your own numbers through Recur Market shows whether you clear it, and which other lenders you clear at the same time.

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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 Karur Vysya's current policy.