# Satin Finserv business loans

> Satin Finserv is on Recur Club's lender panel, writing secured term loan. Observed tickets run ₹4.5 cr to ₹10 cr, priced between 16% and 17%. Median turnaround from application to disbursal is about 36 days.

Source: https://www.recurclub.com/lenders/satin-finserv
Last updated: 2026-09-29

## Products and indicative terms

Observed on live transactions. Not an offer or a quote.

| Product | Ticket | Rate | Tenure |
|---|---|---|---|
| Secured Term Loan | ₹4.5–10 cr | 16–17% | 24–36 mo |

## Eligibility

### Screening gates and observed behaviour

- Borrower: age ≥1y · CIBIL ≥650 · avoid: Tobacco Products, Real Estate (non asset Light), Tourism and Hospitality, Financial Services, Gambling and Betting, Insurance, Lottery Business, Ports · Andhra Pradesh, Bihar, Chandigarh, Chhattisgarh, Dadra and Nagar Haveli and Daman and Diu, Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu and Kashmir, Jharkhand, Karnataka, Kerala, Ladakh, Madhya Pradesh, Maharashtra, Nagaland, Odisha, Puducherry, Punjab, Rajasthan, Sikkim, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand (varies by product) · Private Limited, Limited Liability Partner, Sole proprietorship, Public · sector-agnostic (45 sectors — full list in data JSON)
- Financials: runway ≥12mo · rev ≥₹20cr · TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · DSCR ≥1 · debt/networth ≤4
- Deal: ticket ₹1–20cr (range across products — see matrix) · tenure 0–48mo · no PEP
- Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%) · FD margin 10–15% (54%) · 1st/pari-passu charge on current assets (54%)
- Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×13), FD margin 10–15% (×7), 1st/pari-passu charge on current assets (×7), 2nd charge on current assets (×5)
- share → in-principle approval (initial interest): ≈22d
- in-principle approval → sanction (underwriting): ≈34d
- sanction → disburse (closing): ≈1d

## Sanctioned terms (from 17 real sanction letters)

### Sanctioned amount: median ₹10 cr (₹3 cr–₹20 cr) · NEW ×7

- median ₹10 cr (₹3 cr–₹20 cr) · NEW ×7

### Typical security: Fixed Deposit ×7, Demand Promissory Note ×3, Current Assets ×3, Security Cheques ×2, Fixed Deposit (Lien) ×2, Book Debts / Receivables ×1

- Fixed Deposit ×7, Demand Promissory Note ×3, Current Assets ×3, Security Cheques ×2, Fixed Deposit (Lien) ×2, Book Debts / Receivables ×1

### Typical covenants: - Other standing covenants — 76% of letters (e.g. "Quasi Equity in the form of unsecured loans from friends and family are to be subordinated to the lender's loan; Penal charges @ 2% shall be levied on breach of…")

- Other standing covenants — 76% of letters (e.g. "Quasi Equity in the form of unsecured loans from friends and family are to be subordinated to the lender's loan; Penal charges @ 2% shall be levied on breach of…")

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

- (facilities, largest first)

## Common questions

### What does Satin Finserv lend?

Satin Finserv writes secured term loan. Across those, observed facilities run ₹4.5 cr to ₹10 cr.

### What ticket size does Satin Finserv offer?

Facilities observed on live transactions run from ₹4.5 cr to ₹10 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.

### What rate does Satin Finserv charge?

Rates observed on live transactions fall between 16% and 17% a year. Tenures run 24 to 36 months. These are observed figures, not a quote, and the rate you are offered depends on your file.

### How long does Satin Finserv take to disburse?

About 36 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 Satin Finserv'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.

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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 Satin Finserv's current policy.