What does Siemens India lend?

Siemens India writes domestic factoring, machinery loan, operating lease, purchase invoice discounting. Across those, observed facilities run ₹1.8 cr to ₹5 cr.

What ticket size does Siemens India offer?

Facilities observed on live transactions run from ₹1.8 cr to ₹5 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.

What rate does Siemens India charge?

Rates observed on live transactions fall between 11.5% and 12% a year. Tenures run 6 to 60 months. These are observed figures, not a quote, and the rate you are offered depends on your file.

How long does Siemens India take to disburse?

About 153 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 Siemens India'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.

Lender profile

Siemens India business loans

Siemens India is on Recur Club's lender panel, writing domestic factoring, machinery loan, operating lease and 1 other products. Observed tickets run ₹1.8 cr to ₹5 cr, priced between 11.5% and 12%. Median turnaround from application to disbursal is about 153 days.

✓Tickets from ₹1.8 Cr – ₹5 Cr across 8 products
✓Indicative pricing 11.5% – 12%, as quoted on live transactions
✓Around 153 days from application to disbursal when the file is clean
✓We check your fit against every lender on the panel, not just this one

Check your fit →See a typical term sheet

Products live

₹3.9 Cr

Median sanction

153

Days median turnaround

Sanction letters read

— Which arm you land with

3 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.

Siemens Financial Services Private Limited

Rejects

No loss making company
No loss making company (×1
latest )

Wins

Anchor-based reverse factoring okay for BBB+ rated borrowers
Deals of ₹50cr+ need Germany approval, which they usually prefer to avoid
Promoter comfort is given a lot of importance in underwriting
PI started as a pilot, got a lot of cases, will go slow on it

6 more ▾

Waived the Directors' Security Post-Dated Cheques (SPDC/UDC) requirement for Insolare in view of pursuing a long-term relationship.
…more in playbook
Anchor-based reverse factoring okay for BBB+ rated borrowers
Deals of ₹50cr+ need Germany approval, which they usually prefer to avoid
Promoter comfort is given a lot of importance in underwriting
PI started as a pilot, got a lot of cases, will go slow on it

Behaviour & gates

Borrower: CIBIL ≥650
Karnataka, Gujarat
Financials: TOL/adjusted tangible net worth ≤5
debt/EBITDA ≤4
debt/networth ≤4
DSCR ≥1

13 more ▾

Deal: rate 10–14% (range across products — see matrix)
ticket ₹0.5–50cr
tenure 12–12mo
Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%)
1st charge on P&M (86%)
median ticket ₹8.5cr
median rate 12%
median turnaround 153d
Security asked in : 1st charge on P&M (×2), FD margin 10–15% (×1), Personal Guarantee Of Promoters/Directors (×1), Personal Guarantee Of Promoters / Directors / Property Owner (×1)
Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×7), 1st charge on P&M (×6), FD margin 5–10% (×3), FD margin 15–20% (×2)
share → in-principle approval (initial interest): ≈61d
in-principle approval → sanction (underwriting): ≈11d
sanction → disburse (closing): ≈47d

Siemens Corporate Finance Privatelimited

Rejects

Won't fund early-stage companies
Won't fund agri equipment
Not comfortable funding the asset

Wins

Loop in Kunal Chugh (Siemens) for this account — he previously handled the company's CapEx facility in
Loop in Kunal Chugh (Siemens) for this account — he previously handled the company's CapEx facility in
Prefers Manufacturing companies in any sector. Have not done trading. Needs end customers to be BBB rated

Behaviour & gates

Borrower: CIBIL ≥650
Delhi
Financials: TOL/adjusted tangible net worth ≤5
debt/EBITDA ≤4
debt/networth ≤4
DSCR ≥1

7 more ▾

Deal: rate 10–14% (range across products — see matrix)
ticket ₹0.5–50cr
Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%)
Escrow Of Cashflows (67%)
FD margin 10–15% (67%)
1st charge on P&M (67%)
Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×3), Escrow Of Cashflows (×2), FD margin 10–15% (×2), 1st charge on P&M (×2)

Siemens India Ltd.

Rejects

They don't do factoring deals without NOA (Notice of Assignment) signed by the end client

Wins

Purchase Invoice Discounting (purchase invoice discounting) is mostly done for existing clients only
A lot of machinery loan sourcing comes from OEMs
A lot of machinery loan sourcing comes from OEMs
Factoring as a product is still new/early days for them in India

1 more ▾

Machinery loan turnaround time is the fastest since it's their legacy product

Behaviour & gates

Borrower: CIBIL ≥650
Maharashtra
Financials: debt/EBITDA ≤4
debt/networth ≤4
Deal: rate 10–14% (range across products — see matrix)
ticket ₹0.5–50cr

3 more ▾

Security (observed): FD margin 10–15% (100%)
Personal Guarantee Of Promoters / Directors / Property Owner (100%)
Security asked in 2026: FD margin 10–15% (×1), Personal Guarantee Of Promoters / Directors / Property Owner (×1)

— Products & indicative terms

What Siemens India 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
Domestic Factoring▾▴ Turnaround ~175d Wins Director overdue: 0.001 INR Cr Director CIBIL: 650 States: Karnataka, Gujarat Min EBITDA (₹cr): 0 12 more ▾ ▴ Debt / EBITDA: 4 Min Networth: 0 INR Cr Debt / Net worth: 4 Debt Service Coverage Ratio: 1 Offered terms (past deals): rate 11.5–11.5–11.5% ₹5–5–5 Cr 6–6–6 mo Turnaround: ≈175 days (share→disburse) Asks for Debt schedule / sanction letters (×1) — e.g. Standard sanction letter includes guarantor's cheque requirement, requested for Asks for GST / integration (×1) — e.g. Lender requires GST sales data in a specific format covering April to Decem Asks for Other (×1) — e.g. Notice of assignment to be sent via post with deemed acceptance in 3-7 days, req Asks for Provisional financials (×1) — e.g. Requires provisional financials with schedules Behaviour & gates Min ticket (₹cr): 0.50 Min rate (%): 12 Max ticket (₹cr): 50 Security required: ['Escrow Of Cashflows'] Max rate (%): 14 Max tenure (mo): 12 Months 16 more ▾ ▴ Min tenure (mo): 12 Months rate — stated 12–14%, actually offered 11.5–11.5% → priced/sized below stated floor Amount — stated 0.5–50 Cr, actually offered 5–5 Cr → within stated band Tenure — stated 12–12 mo, actually offered 6–6 mo → priced/sized below stated floor Lender shows low confidence in funding a loss-making company with an adverse history (×1 latest ) Credit bureau check and MX compliance check are required process steps before proceeding Non-recourse structure offered to A and BBB+ rated customers; BBB- and unrated customers structured as recourse Recourse/non-recourse limits to be interchangeable, or split as 6 cr recourse and 2 cr non-recourse 0.20% transaction fee to be replaced with an absolute amount Commitment fee to be calculated on 75% utilization at overall level Individual investor shareholdings only need disclosure above 10%; current holders are each below 2% Lender's credit team requires a direct call with the client before proceeding Needs clarity on which end-clients can be recourse vs non-recourse before management discussion Monthly interest repayment to be based on actual number of days funds are utilized Sanction validity set at 12 months	₹5 cr	11.5%	6 mo	Siemens Financial Services
Machinery Loan▾▴ Turnaround ~47d Wins Director overdue: 0.001 INR Cr Director CIBIL: 650 States: Karnataka, Gujarat Debt / EBITDA: 4 11 more ▾ ▴ Min Networth: 0 INR Cr Debt / Net worth: 4 Debt Service Coverage Ratio: 1 Offered terms (past deals): rate 12–12–12% ₹1.8–1.8–1.8 Cr 60–60–60 mo Turnaround: ≈47 days (share→disburse) Asks for Audited financials (×1) — e.g. Requires 3 years of audited financials; since the company was a partnership firm Asks for Other (×1) — e.g. Lender requires machinery details Asks for Provisional financials (×1) — e.g. Lender requires provisional financials through December Asks for Term sheet (×1) — e.g. Lender requires financial statements for the past 2 years Behaviour & gates Min ticket (₹cr): 0.50 Min rate (%): 10 Max ticket (₹cr): 50 Security required: ['Charge On Movable Fixed Assets/Plant & Machinery - Exclusive First Charge'] Max rate (%): 14 rate — stated 10–14%, actually offered 12–12% → within stated band 8 more ▾ ▴ Amount — stated 0.5–50 Cr, actually offered 1.8–1.8 Cr → within stated band Hyderabad POC currently has only one team member and is at full capacity if the company has a Bangalore presence, pursue the deal via the Bangalore team instead. Mumbai POC is on leave; follow up to connect with him on 23.09. Mumbai-based Ankit at Siemens handles/reviews this transaction. CIB (credit information bureau) check scheduled for 28th April as part of process timeline Considering funding against machinery that is currently free or will become free in coming months, subject to checking the residual age of the machinery Process delay attributed to UCIC on lender's end despite data already submitted	₹1.8 cr	12%	60 mo	Siemens Financial Services
Purchase Invoice Discounting▾▴ Turnaround ~153d Wins Director overdue: 0.001 INR Cr External Rating: BBB Director CIBIL: 650 States: Karnataka, Gujarat 17 more ▾ ▴ Min EBITDA (₹cr): 0 Debt / EBITDA: 4 Min Networth: 0 INR Cr Debt / Net worth: 4 Debt Service Coverage Ratio: 1 Offered terms (past deals): rate 12–12–12% ₹5–5–5 Cr 12–12–12 mo Turnaround: ≈153 days (share→disburse) Asks for GST / integration (×10) — e.g. For a new proposed supplier, requires a one-year-old invoice and the most recent Asks for Other (×10) — e.g. Requires Audit Report and 3CA/3CD Report for FY23-24 and FY24-25. Asks for Legal / KYC (×5) — e.g. Standard requirement is Undated Cheques (UDC) from directors as facility securit Asks for Bank statements (×4) — e.g. Requires bank statements across all banking relationships for specified periods. Asks for Cap table / equity (×4) — e.g. Requires list of directors & shareholding pattern, last 3 years' ITR and Certifi Asks for Term sheet (×2) — e.g. Requires audit report and 3CA/3CD reports for FY23-24 and FY24-25 Asks for Debt schedule / sanction letters (×1) — e.g. Requires existing loan detail sheet with sanction letter & RPS Asks for Provisional financials (×1) — e.g. Requires provisional balance sheet FY25-26 with schedules Behaviour & gates Min ticket (₹cr): 0.50 Min rate (%): 12 Max ticket (₹cr): 50 Security required: ['Fixed Deposit 10 - 15%'] Max rate (%): 14 Max tenure (mo): 12 Months 15 more ▾ ▴ rate — stated 12–14%, actually offered 12–12% → within stated band Amount — stated 0.5–50 Cr, actually offered 5–5 Cr → within stated band Waived the Directors' Security Post-Dated Cheques (SPDC/UDC) requirement for Insolare in view of pursuing a long-term relationship. (×1 latest ) After purchase invoice discounting limit approval/sanction letter, disbursement formalities are communicated separately. Data room access provided via portal login (email + OTP) for document exchange with Siemens Suppliers must be registered on lender's system before invoicing can proceed under purchase invoice discounting Approved purchase invoice discounting Limit of INR 50 Mn at rate 12.50% and processing fee of 0.5% + applicable tax, valid till 31/03/2027. Charges one-time processing fee of ≈1% of asset cost on lease deals Sale & Lease Back requires customer contribution of ≈20% of asset cost Deal routing requires looping in the right regional POC for Hyderabad-based companies where Siemens is a vendor to the borrower Lender is fast-tracking this transaction: limit setup by next day, user ID creation by Tuesday, and transaction initiation by Wednesday, given it is being treated as top priority. Open to adding new vendors/suppliers to an already-sanctioned facility upon request. Foreign (e.g. US citizen) promoters create legal complications for issuing Undated Cheques; borrower requested a waiver on this basis. Offers lease tenure up to 60 months for Sale & Lease Back	₹5 cr	12%	12 mo	Siemens Financial Services

Also offered, with no terms observed yet: Operating Lease.

— Typical term sheet

What a sanction from Siemens India actually looks like

Reconstructed from real sanction letters. Small samples, so read them as observed rather than as a rule.

Siemens Financial Services Private Limited

Specimen sanction

Representative of the median file. Your actual terms will move with rating, security cover and relationship.

Indicative

How often each clause appears

Share of the 9 sanction letters carrying the clause.

Other standing covenants67%

Siemens India Ltd.

Specimen sanction

Representative of the median file. Your actual terms will move with rating, security cover and relationship.

Indicative

How often each clause appears

Share of the 11 sanction letters carrying the clause.

Other standing covenants64%

— Security & covenants

What they will ask you to pledge

Counted across the sanction letters read. A combination is normal, and most files carry more than one.

Siemens Financial Services Private Limited

Post-dated cheque1 letters
Equipment / Machinery (Panasonic Pick & Place Machine NPM D3A and IGST)1 letters
Equipment / Machinery1 letters
Equipment / Machinery (food processing/chocolate manufacturing equipment)1 letters
Machinery/Equipment1 letters

Post-dated cheque ×1, Equipment / Machinery (Panasonic Pick & Place Machine NPM D3A and IGST) ×1, Equipment / Machinery ×1, Equipment / Machinery (food processing/chocolate manufacturing equipment) ×1, Machinery/Equipment ×1

Siemens India Ltd.

Post-dated cheque1 letters
Equipment / Machinery (Panasonic Pick & Place Machine NPM D3A and IGST)1 letters
Equipment / Machinery1 letters
Equipment / Machinery (food processing/chocolate manufacturing equipment)1 letters
Machinery/Equipment1 letters

Post-dated cheque ×1, Equipment / Machinery (Panasonic Pick & Place Machine NPM D3A and IGST) ×1, Equipment / Machinery ×1, Equipment / Machinery (food processing/chocolate manufacturing equipment) ×1, Machinery/Equipment ×1

— Common questions

What borrowers ask about Siemens India

What does Siemens India lend?: Siemens India writes domestic factoring, machinery loan, operating lease, purchase invoice discounting. Across those, observed facilities run ₹1.8 cr to ₹5 cr.
What ticket size does Siemens India offer?: Facilities observed on live transactions run from ₹1.8 cr to ₹5 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.
What rate does Siemens India charge?: Rates observed on live transactions fall between 11.5% and 12% a year. Tenures run 6 to 60 months. These are observed figures, not a quote, and the rate you are offered depends on your file.
How long does Siemens India take to disburse?: About 153 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 Siemens India'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.

Next steps after Siemens India

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Last updated 29 September 2026

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 Siemens India's current policy. Terms are set by the lender at the time of sanction.