Working capital for tier-1 and tier-2 auto suppliers with extended OEM payment cycles, term loans for capacity expansion, and ECB for auto exporters with USD revenue. We cover all major auto clusters — Chennai, Pune, Manesar, Pithampur, Sanand.
BIG LOANS arranges ₹100 crore-and-above debt mandates across the Indian auto value chain — OEMs (Hyundai, Maruti, Tata Motors, Mahindra, Bajaj, Hero), tier-1 component suppliers (Bosch, Sundaram Clayton, Bharat Forge, Motherson), tier-2 suppliers and the broader auto-component ecosystem. Most common products: working capital for tier-1/2 suppliers with 45-90 day OEM payment cycles; term loans for capacity expansion at OEM-supplier clusters (Sriperumbudur, Oragadam, Manesar, Pithampur, Pune-Chakan); and ECB for auto exporters with natural USD revenue (Hyundai Motor India alone exports over 30% of production).
India's auto industry is structured around a small set of OEM anchors and a deep tier-1, tier-2 supplier ecosystem. Each major OEM — Hyundai (Chennai), Maruti Suzuki (Manesar + Gujarat), Tata Motors (Pune, Sanand, Jamshedpur), Mahindra (Pune, Nashik, Haridwar), Bajaj (Pune), Hero (Manesar) — anchors a regional cluster of approved suppliers.
OEM-supplier relationships drive most auto debt mandates. Tier-1 OEM-approved suppliers with long-term supply agreements get preferential bank pricing (25-50 bps tighter) because receivable quality is high. Tier-2 suppliers face working-capital cycles of 60-120 days and typically need consortium / multi-banking structures for ₹100 Cr+ limits.
Common funding situations across the auto value chain.
OEM-approved supplier with long-term Maruti / Hyundai / Tata Motors supply contracts. ₹100-500 Cr multi-banking with attractive pricing.
Mid-market component supplier with 60-120 day OEM payment cycle. 3-5 bank consortium for ₹100-300 Cr working capital.
New line at existing plant, additional shift capacity, automation upgrade for tier-1 supplier. Term loans ₹100-500 Cr, 5-8 year tenor.
New plant or major capacity addition by an OEM. ₹500 Cr to ₹3,000 Cr+ project finance, often syndicated, with sponsor equity 25-30%.
Hyundai Motor India, TVS, Bajaj Auto, Motherson — large exporters with USD revenue. ECB at SOFR + 150-300 bps.
Existing ICE OEMs and suppliers adding EV manufacturing capability. New PLI alignment, sometimes ESG-linked financing through multilaterals.
Auto debt is dominated by working capital and term loans, with ECB for exporters.
Auto is one of the highest-appetite lending sectors. PSU and private banks compete actively; foreign banks dominate ECB for exporters.
Sundaram Finance (Chennai HQ — deep auto-finance expertise), Cholamandalam — strong tier-1/2 OEM-supplier finance.
HDFC, ICICI, Axis, Kotak — competitive on tier-1 OEM-approved suppliers.
SBI Auto vertical particularly strong; Indian Bank, IOB strong in Chennai cluster; BOM strong in Pune cluster.
StanChart, HSBC, DBS, MUFG — most active for OEM and large tier-1 exporter ECB and trade finance.
Bajaj Finance — particularly strong with Bajaj Auto's own supplier ecosystem. Plus diversified NBFCs.
Same 5-stage process for any large-ticket corporate debt mandate, applied to auto & components specifics.
NDA, then a short call to understand the business model, key financial drivers, capital need. Sector-specific risk factors mapped early.
Optimal facility mix, tenor, security. Lender shortlist tuned to sector appetite — banks for vanilla, NBFCs / AIFs for specialty structures.
Sector-grade Information Memorandum, financial model, market analysis. Pitched to shortlisted lenders in parallel.
Multiple sanctions negotiated in parallel on pricing, covenants, security. Final lender(s) selected.
Loan agreement, security creation, CPs satisfied, drawdown. Sector-specific compliances (RERA, FEMA, SEBI, etc.) handled along the way.
Share a one-page brief on your business and funding need. We respond within one working day with feasibility, structuring and lender shortlist tuned to your sector.