# 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. Source: https://www.recurclub.com/lenders/siemens-india Last updated: 2026-09-29 ## Products and indicative terms Observed on live transactions. Not an offer or a quote. | Product | Ticket | Rate | Tenure | |---|---|---|---| | Domestic Factoring | ₹5 cr | 11.5% | 6 mo | | Machinery Loan | ₹1.8 cr | 12% | 60 mo | | Purchase Invoice Discounting | ₹5 cr | 12% | 12 mo | Also offered, with no terms observed yet: Operating Lease. ## Eligibility - Siemens Financial Services Private Limited ### Will not fund - No loss making company - No loss making company (×1 · latest ) ### Prefers - 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 - 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 ### Screening gates and observed behaviour - Borrower: CIBIL ≥650 · Karnataka, Gujarat - Financials: TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · debt/networth ≤4 · DSCR ≥1 - 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 ## Eligibility - SIEMENS CORPORATE FINANCE PRIVATELIMITED ### Will not fund - Won't fund early-stage companies - Won't fund agri equipment - Not comfortable funding the asset ### Prefers - 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 ### Screening gates and observed behaviour - Borrower: CIBIL ≥650 · Delhi - Financials: TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · debt/networth ≤4 · DSCR ≥1 - 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) ## Eligibility - SIEMENS INDIA LTD. ### Will not fund - They don't do factoring deals without NOA (Notice of Assignment) signed by the end client ### Prefers - 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 - Machinery loan turnaround time is the fastest since it's their legacy product ### Screening gates and observed behaviour - Borrower: CIBIL ≥650 · Maharashtra - Financials: debt/EBITDA ≤4 · debt/networth ≤4 - Deal: rate 10–14% (range across products — see matrix) · ticket ₹0.5–50cr - 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) ## Sanctioned terms (from 9 real sanction letters) ### Sanctioned amount: median ₹3.9 cr (₹41L–₹8 cr) · NEW ×6 - median ₹3.9 cr (₹41L–₹8 cr) · NEW ×6 ### Typical security: 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 - 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 ### Typical covenants: - Other standing covenants — 67% of letters (e.g. "Cross Default: A breach or default by the Borrower of any covenant or other term or condition of a Finance Schedule and/or Repayment Schedule of a sanctioned Tr…") - Other standing covenants — 67% of letters (e.g. "Cross Default: A breach or default by the Borrower of any covenant or other term or condition of a Finance Schedule and/or Repayment Schedule of a sanctioned Tr…") ### Term sheet by ticket size: (facilities, largest first) - (facilities, largest first) ## Sanctioned terms (from 11 real sanction letters) ### Sanctioned amount: median ₹5 cr (₹41L–₹8.9 cr) · NEW ×7 - median ₹5 cr (₹41L–₹8.9 cr) · NEW ×7 ### Typical security: 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 - 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 ### Typical covenants: - Other standing covenants — 64% of letters (e.g. "Cross Default: A breach or default by the Borrower of any covenant or other term or condition of a Finance Schedule and/or Repayment Schedule of a sanctioned Tr…") - Other standing covenants — 64% of letters (e.g. "Cross Default: A breach or default by the Borrower of any covenant or other term or condition of a Finance Schedule and/or Repayment Schedule of a sanctioned Tr…") ### Term sheet by ticket size: (facilities, largest first) - (facilities, largest first) ## Common questions ### 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. --- 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 Siemens India's current policy.