# Saraswat Co business loans

> Saraswat Co is on Recur Club's lender panel, writing loan against property, overdraft / cash credit, secured term loan and 2 other products.

Source: https://www.recurclub.com/lenders/saraswat-co
Last updated: 2026-10-20

Also offered, with no terms observed yet: Loan Against Property, Overdraft / Cash Credit, Secured Term Loan, Vendor Financing, Working Capital Demand Loan.

## Eligibility

### Screening gates and observed behaviour

- Borrower: CIBIL ≥650 · Andhra Pradesh, Chhattisgarh, Goa, Gujarat, Karnataka, Kerala, Maharashtra, Madhya Pradesh, Tamil Nadu, Telangana, Dadra and Nagar Haveli and Daman and Diu, Delhi, Puducherry
- Financials: TOL/adjusted tangible net worth ≤4 · 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 (50%) · 1st charge on immovable assets (50%) · Corporate Guarantee (50%) · Escrow Of Cashflows (50%)
- Security asked in : 1st/pari-passu charge on current assets (×1), Fixed Deposit <5% (×1), FD margin 5–10% (×1), FD margin 10–15% (×1)
- Security asked in 2026: 1st/pari-passu charge on current assets (×2), Personal Guarantee Of Promoters / Directors / Property Owner (×1), 1st charge on immovable assets (×1), Corporate Guarantee (×1)

## Sanctioned terms (from 8 real sanction letters)

### Sanctioned amount: median ₹16.7 cr (₹16 cr–₹30 cr) · ENHANCEMENT ×2 · ADHOC ×2 · NEW ×1

- median ₹16.7 cr (₹16 cr–₹30 cr) · ENHANCEMENT ×2 · ADHOC ×2 · NEW ×1

### Typical security: Commercial shop ×4, Industrial property ×4, Plant & Machinery ×3, Commercial Shop ×3, Fixed Deposit ×3, Industrial Property ×2

- Commercial shop ×4, Industrial property ×4, Plant & Machinery ×3, Commercial Shop ×3, Fixed Deposit ×3, Industrial Property ×2

### Typical covenants: - No further borrowing without lender consent — 88% of letters

- No further borrowing without lender consent — 88% of letters

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

- (facilities, largest first)

## Common questions

### What does Saraswat Co lend?

Saraswat Co writes loan against property, overdraft / cash credit, secured term loan, vendor financing, working capital demand loan.

### What are Saraswat Co'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 Saraswat Co ask for?

Observed across sanctions: 1st/pari-passu charge on current assets (100%) · Personal Guarantee Of Promoters / Directors / Property Owner (50%) · 1st charge on immovable assets (50%) · Corporate Guarantee (50%) · Escrow Of Cashflows (50%).

### How do I apply to Saraswat Co?

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

### Is Saraswat Co 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 Saraswat Co 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 Saraswat Co's current policy.