# 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.

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

## Products and indicative terms

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

| Product | Ticket | Rate | Tenure |
|---|---|---|---|
| Cgtmsme Overdraft Cash Credit | ₹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.

## Eligibility

### Screening gates and observed behaviour

- 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 · 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

## Common questions

### 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.

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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 State Bank's current policy.