# Manappuram Chits business loans

> Manappuram Chits is on Recur Club's lender panel, writing machinery loan, sales invoice discounting, secured term loan.

Source: https://www.recurclub.com/lenders/manappuram-chits
Last updated: 2026-10-20

Also offered, with no terms observed yet: Machinery Loan, Sales Invoice Discounting, Secured Term Loan.

## Eligibility

### Screening gates and observed behaviour

- Borrower: CIBIL ≥650 · pan-India · positive sector: Financial Services
- Financials: TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · debt/networth ≤2 · DSCR ≥-1
- Deal: rate 10.5–18% · ticket ₹10–1000cr · tenure 12–48mo
- Security (observed): 1st charge on P&M (100%) · 1st/pari-passu charge on current assets (100%)
- Security asked in : 1st charge on P&M (×1), 1st/pari-passu charge on current assets (×1)

## Common questions

### What does Manappuram Chits lend?

Manappuram Chits writes machinery loan, sales invoice discounting, secured term loan.

### What are Manappuram Chits'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 Manappuram Chits ask for?

Observed across sanctions: 1st charge on P&M (100%) · 1st/pari-passu charge on current assets (100%).

### How do I apply to Manappuram Chits?

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

### Is Manappuram Chits 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 Manappuram Chits screens on; running your own numbers through Recur Market shows whether you clear it, and which other lenders you clear at the same time.

---

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 Manappuram Chits's current policy.