State Bank of India (UK)
The UK subsidiary of India's largest bank, lending secured business loans and commercial mortgages from £250k to £25m against property in England and Wales, with development finance to £10m.
What they do
State Bank of India (UK) Limited lends to established trading businesses and property owners against first-charge security, with published maxima of £25m on secured business loans and commercial mortgages and £10m on development finance, from a floor of £250k. Leverage is capped at 70 per cent up to £1m and 65 per cent above it, terms run to five years, and borrowers are expected to show three years of profitable trading. Business comes through a broker panel joined via regional business development managers, with servicing handled by a third-party administrator.
Where they fit in a lower-mid-market raise
The published ceiling is well above what most overseas-owned banks in the UK will write, so a full £3–15m property or secured facility can be funded here in one place. Care homes, hotels, industrial, retail, offices and student accommodation are all in the sector list. For a profitable, secured, established business, particularly one with an India connection, the bank is a real comparison point and is regularly missed because third-party directories still quote a stale £3m cap.
Where they are not the fit
Three years of profitable trading is a hard test, which rules out a newly-formed acquisition vehicle or a turnaround. Lending is limited to mainland England and Wales, terms cap at five years, and leaseholds with under 55 years unexpired are excluded. There is no cashflow or sponsor-backed product.
Published terms
- Pricing
- Third-party directories cite a ~3% baseline and a residential fixed 'from 5.75%'; no authoritative published commercial rate card
- Speed to terms
- Not published
- Sponsored or sponsorless
- Corporate/trading-business and property-investor oriented (requires 3 years profitable trading, min net profit 25000pa). No stated private-equity sponsor appetite
- Where they lend
- Mainland England (including. Isle of Wight) and Wales only. Does not lend in Scotland or Northern Ireland
- How they decide
- Intermediary-led; brokers apply to join lending panel via a local BDM. Corporate loans on a case-by-case basis. Origination servicing via BCM Global. No published published timetable. Every facility goes to credit committee
- Personal guarantee
- Typically required
As published by the lender and last reviewed August 2026. Terms quoted on a deal are set by the credit, not by a published band.
What rules a deal out
Stated limits, taken from State Bank of India (UK)’s own published criteria. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.
- Max term 5 years
- Loan to value 70% up to 1m then 65% above 1m
- England and Wales only, no Scotland or Northern Ireland
- 3 years profitable trading and min net profit 25000pa required
How they sit against the category
- Its published ceiling is £25m; 17 of the 42 challenger and specialist banks here go at least as high.
- 18 of the 42 publish an indicative price at all; it is one of them.
Counted across the 42 challenger & specialist banks in this directory, on what each one publishes. What a lender discloses and what it will do are different things.
Questions this page answers
How large a facility does State Bank of India (UK) write?
Published facilities run £250k to £25m. A band is what a lender states it will do, not what it will do on a given credit.
Does State Bank of India (UK) require a personal guarantee?
On State Bank of India (UK)'s published terms, a personal guarantee is typically required. What a lender asks for on a given credit is settled in the documents, not by a published stance.
Does State Bank of India (UK) lend to companies without a private-equity sponsor?
Yes. State Bank of India (UK) lends to owner-managed and corporate borrowers, and publishes no private-equity sponsor proposition.
Where does State Bank of India (UK) lend?
Mainland England (including. Isle of Wight) and Wales only. Does not lend in Scotland or Northern Ireland.
What does State Bank of India (UK) lend?
The published product set is commercial mortgage / secured business loan. Published sector focus is care, hotel, industrial, office, retail.
On the record
2025: Sakuntala Sanyal appointed CEO of SBI UK (High - SBI UK official X announcement.
Sources: businessfinancing.co.uk
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.