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Name of Lender Facility/Instrument Amount (Rs. Crore)
Axis Bank Limited Term Loans 133.33
Bank of Baroda Term Loans 650
Canara Bank Term Loans 4075
Federal Bank Limited Term Loans 250
HDFC Bank Limited Term Loans 4283.33
HSBC Limited Term Loans 500
Tata Capital Limited Term Loans 2001
Not Applicable Unallocated Limits 3342.41
Bank of Baroda Working Capital Facilities 100
ICICI Bank Limited Working Capital Facilities 200
Indian Bank Working Capital Facilities 200
Punjab National Bank Working Capital Facilities 700
State Bank of India Working Capital Facilities 100
Bank of Baroda External Commercial Borrowings 414.03
ICICI Bank Limited Term Loans 1515.23
IDFC FIRST Bank Limited Term Loans 187.5
Indian Bank Term Loans 266.67
Mizuho Bank Limited Term Loans 650
State Bank of India Term Loans 1032.5
Union Bank of India Term Loans 3000

*February 28, 2026
1 Subordinated tier II term loan


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Hero Fincorp 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.