# Shinhan Bank business loans

> Shinhan Bank is on Recur Club's lender panel, writing secured term loan, working capital demand loan.

Source: https://www.recurclub.com/lenders/shinhan-bank
Last updated: 2026-10-20

Also offered, with no terms observed yet: Secured Term Loan, Working Capital Demand Loan.

## Eligibility

### Screening gates and observed behaviour

- Borrower: CIBIL ≥650 · age ≥4y · avoid: Infrastructure, Engineering, Procurement, and Construction (EPC) (varies by product) · Private Limited, Public, Sole proprietorship, Limited Liability Partner (varies by product) · sector-agnostic (36 sectors — full list in data JSON) (varies by product)
- Financials: TOL/adjusted tangible net worth ≤4 · debt to equity: 2 · debt/EBITDA ≤3 · debt/networth ≤3 · DSCR ≥1
- Deal: rate 7.2–8.1% (range across products — see matrix) · ticket ₹20–50cr · tenure 12–60mo (range across products — see matrix) · no PEP
- Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%)
- Security asked in : Personal Guarantee Of Promoters/Directors (×5), 1st/pari-passu charge on current assets (×3), FD margin 15–20% (×1), 2nd charge on current assets (×1)
- Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×4), 1st charge on P&M (×1), FD margin 20–30% (×1)
- share → in-principle approval (initial interest): ≈20d

## Common questions

### What does Shinhan Bank lend?

Shinhan Bank writes secured term loan, working capital demand loan.

### What are Shinhan Bank'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 Shinhan Bank ask for?

Observed across sanctions: Personal Guarantee Of Promoters / Directors / Property Owner (100%).

### How do I apply to Shinhan Bank?

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

### Is Shinhan Bank 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 Shinhan Bank 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 Shinhan Bank's current policy.