State Bank business loans
State Bank is on Recur Club's lender panel, writing cgtmsme overdraft cash credit, overdraft / cash credit, sales invoice discounting and 2 other products. Observed tickets run ₹5 cr to ₹5 cr, priced between 8.6% and 8.6%. Median turnaround from application to disbursal is about 48 days.
- ✓Tickets from ₹5 Cr – ₹5 Cr across 5 products
- ✓Indicative pricing 8.6% – 8.6%, as quoted on live transactions
- ✓Around 48 days from application to disbursal when the file is clean
- ✓We check your fit against every lender on the panel, not just this one
The screen your file has to clear
What is checked before anything else, and applies to every product below.
- Borrower: CIBIL ≥650
- age ≥1y (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
- Haryana (varies by product)
- Private Limited, Public, Sole proprietorship, Limited Liability Partner (varies by product)
- Financials: TOL/adjusted tangible net worth ≤4
- debt/EBITDA ≤3
20 more ▾ ▴
- debt/networth ≤3
- DSCR ≥1
- maximum networth: 1000 (varies by product)
- rev ≥₹10cr (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
- networth ≥₹1cr (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
- maximum annualrevenue: 100 (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
- runway ≥12mo (cgtmsme overdraft cash credit, cgtmsme term loan, cgtmsme working capital demand loan only)
- Deal: rate 7–16% (range across products — see matrix)
- ticket ₹2–200cr (range across products — see matrix)
- 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 (80%)
- median ticket ₹10cr
- median rate 10%
- median turnaround 48d
- Security asked in : Personal Guarantee Of Promoters/Directors (×3), Escrow Of Cashflows (×2), FD margin 20–30% (×2), Movable Fixed Assets/Plant & Machinery - Pari Passu First Charge (×2)
- Security asked in 2026: 1st/pari-passu charge on current assets (×10), Personal Guarantee Of Promoters / Directors / Property Owner (×8), FD margin 20–30% (×4), Movable Fixed Assets/Plant & Machinery - Pari Passu First Charge (×3)
- share → in-principle approval (initial interest): ≈31d
- in-principle approval → sanction (underwriting): ≈5d
- sanction → disburse (closing): ≈8d
What State Bank 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 |
|---|---|---|---|
Cgtmsme Overdraft Cash Credit▾Turnaround ~48d Wins
13 more ▾ ▴
Behaviour & gates
3 more ▾ ▴
| ₹5 cr | 8.6% | 12 mo |
Also offered, with no terms observed yet: Overdraft / Cash Credit, Sales Invoice Discounting, Secured Term Loan, Working Capital Demand Loan.
What borrowers ask about State Bank
- What does State Bank lend?
- State Bank writes cgtmsme overdraft cash credit, overdraft / cash credit, sales invoice discounting, secured term loan, working capital demand loan. Across those, observed facilities run ₹5 cr to ₹5 cr.
- What ticket size does State Bank offer?
- Facilities observed on live transactions run from ₹5 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 State Bank charge?
- Rates observed on live transactions fall between 8.6% and 8.6% a year. Tenures run 12 to 12 months. These are observed figures, not a quote, and the rate you are offered depends on your file.
- How long does State Bank take to disburse?
- About 48 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 State 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.
Next steps after State Bank
Answer a short set of questions and see which lenders on the panel your file clears, on each one's own recorded criteria.
Search the panel by name, product or ticket size, and compare credit boxes side by side.
Registry identity, GST status, charges and ratings for any Indian company, including your own.
The underwriting platform these credit boxes come from. Built for lenders and credit teams.
Founder stories from the companies building in India, from the team behind Recur Club.
See whether State Bank is the right lender for you
A few questions. Recur Market scores you against State Bank and the rest of the panel, on each lender's own recorded criteria.
Check my matchLast updated
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 State Bank's current policy. Terms are set by the lender at the time of sanction.