Kotak Mahindra business loans
Kotak Mahindra is on Recur Club's lender panel, writing dropline overdraft, overdraft / cash credit, purchase invoice discounting and 3 other products.
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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.
Kotak Mahindra Bank Limited
- Borrower: CIBIL ≥650
- Maharashtra, Delhi, Karnataka (varies by product)
- avoid: Real Estate (non asset Light), Gems and Jewellery, Tobacco Products (varies by product)
- positive sector: Financial Services (varies by product)
- Private Limited, Public, Limited Liability Partner (varies by product)
- Financials: TOL/adjusted tangible net worth ≤4
18 more ▾ ▴
- debt/EBITDA ≤3
- debt/networth ≤3
- DSCR ≥1
- Deal: rate 8–16% (range across products — see matrix)
- ticket ₹5–200cr
- tenure 12–180mo (range across products — see matrix)
- Security (observed): 1st/pari-passu charge on current assets (100%)
- Personal Guarantee Of Promoters / Directors / Property Owner (78%)
- 1st charge on P&M (61%)
- FD margin 20–30% (50%)
- median ticket ₹12cr
- median rate 11%
- median turnaround —
- Security asked in : 1st/pari-passu charge on current assets (×4), Personal Guarantee Of Promoters/Directors (×4), Escrow Of Cashflows (×3), Fixed Deposit <5% (×2)
- Security asked in : 1st/pari-passu charge on current assets (×8), FD margin 20–30% (×5), Personal Guarantee Of Promoters/Directors (×5), 1st charge on P&M (×2)
- Security asked in 2026: 1st/pari-passu charge on current assets (×18), Personal Guarantee Of Promoters / Directors / Property Owner (×14), 1st charge on P&M (×11), FD margin 20–30% (×9)
- share → in-principle approval (initial interest): ≈17d
- in-principle approval → sanction (underwriting): ≈103d
Kotak Mahindra Investments Limited
- Borrower: CIBIL ≥650
- pan-India
- Financials: TOL/adjusted tangible net worth ≤5
- debt/EBITDA ≤4
- debt/networth ≤4
- DSCR ≥1
8 more ▾ ▴
- Deal: rate 10.5–15%
- ticket ₹30–100cr
- tenure 12–72mo
- Security (observed): Personal Guarantee Of Promoters/Directors (100%)
- 1st/pari-passu charge on current assets (60%)
- Security asked in : Fixed Deposit <5% (×4), FD margin 5–10% (×4), FD margin 10–15% (×4), FD margin 15–20% (×4)
- Security asked in : Personal Guarantee Of Promoters/Directors (×5), 1st/pari-passu charge on current assets (×3), FD margin 15–20% (×2), FD margin 5–10% (×1)
- share → in-principle approval (initial interest): ≈0d
What Kotak Mahindra 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 |
|---|
Also offered, with no terms observed yet: Dropline Overdraft, Overdraft / Cash Credit, Purchase Invoice Discounting, Sales Invoice Discounting, Secured Term Loan, Working Capital Demand Loan.
What a sanction from Kotak Mahindra actually looks like
Reconstructed from real sanction letters. Small samples, so read them as observed rather than as a rule.
Kotak Mahindra Bank Limited
Specimen sanction
Representative of the median file. Your actual terms will move with rating, security cover and relationship.
How often each clause appears
Share of the 75 sanction letters carrying the clause.
Kotak Mahindra Investments Limited
Specimen sanction
Representative of the median file. Your actual terms will move with rating, security cover and relationship.
How often each clause appears
Share of the 2 sanction letters carrying the clause.
What they will ask you to pledge
Counted across the sanction letters read. A combination is normal, and most files carry more than one.
Kotak Mahindra Bank Limited
- Fixed Deposit19 letters
- Current Assets16 letters
- Residential Property11 letters
- Industrial Property6 letters
- Moveable Fixed Assets5 letters
- Commercial Property5 letters
- Fixed Deposit ×19, Current Assets ×16, Residential Property ×11, Industrial Property ×6, Moveable Fixed Assets ×5, Commercial Property ×5
Kotak Mahindra Investments Limited
- Receivables / Book Debts1 letters
- Immovable Property – Land1 letters
- Immovable Property – Bungalow1 letters
- Immovable property – bungalow1 letters
- Immovable property – land1 letters
- Immovable property – land/plot1 letters
- Receivables / Book Debts ×1, Immovable Property – Land ×1, Immovable Property – Bungalow ×1, Immovable property – bungalow ×1, Immovable property – land ×1, Immovable property – land/plot ×1
What borrowers ask about Kotak Mahindra
- What does Kotak Mahindra lend?
- Kotak Mahindra writes dropline overdraft, overdraft / cash credit, purchase invoice discounting, sales invoice discounting, secured term loan, working capital demand loan.
- What are Kotak Mahindra'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.
- What security does Kotak Mahindra ask for?
- Observed across sanctions: 1st/pari-passu charge on current assets (100%) · Personal Guarantee Of Promoters / Directors / Property Owner (78%) · 1st charge on P&M (61%) · FD margin 20–30% (50%).
- What documents does Kotak Mahindra ask for?
- Most often audited financials, cap table / equity, data room / datasets, debt schedule / sanction letters, provisional financials. Having these ready before the first call is what shortens the turnaround.
- How do I apply to Kotak Mahindra?
- You do not apply to Kotak Mahindra directly through Recur Club. Answer a short set of questions on Recur Market and your file is scored against Kotak Mahindra's own recorded criteria alongside every other lender on the panel, so you see where you fit before anyone is approached.
Next steps after Kotak Mahindra
Answer a short set of questions and see which lenders on the panel your file clears, on each one's own recorded criteria.
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See whether Kotak Mahindra is the right lender for you
A few questions. Recur Market scores you against Kotak Mahindra and the rest of the panel, on each lender's own recorded criteria.
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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 Kotak Mahindra's current policy. Terms are set by the lender at the time of sanction.