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Name of Lender Facility/Instrument Amount (Rs. Crore)
State Bank of India Electronic Dealer Finance 7
Kotak Mahindra Bank Limited Cash Credit 25
HDFC Bank Limited Inventory Funding 11
Axis Bank Limited Inventory Funding 7.5
Bank of Baroda Inventory Funding 15
Union Bank of India Inventory Funding 18.5
Mahindra & Mahindra Financial Services Limited Term Loans 1.9
Standard Chartered Bank Term Loans 4.83
Kotak Mahindra Bank Limited Term Loans 9.3
Not Applicable Unallocated Limits 0.27

*May 29, 2026


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Jaika Automobiles Private Limited rated by ICRA. To access the previous rating rationale: Click Here.


This update is being published as per the directions of the Reserve Bank of India (RBI) to the Credit Rating Agencies (CRAs) vide the communication [CO.DOR.ISG.No.S150/21-06-008/2021-2022] dated June 4, 2021.