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Shriram Finance Personal Loan

Rated 3/5 by Team InvestorGain

Shriram City Union Finance Ltd offers its personal to such customers who do not get a loan from any banks or other financial institutions. The loan is available to all the salaried and self-employed individuals based on their credit score and ability to pay EMIs.

Shriram Finance Personal Loan Details

Shriram Finance Ltd provides small and medium amount personal loan facility to everyone. The loan is transparent without any hidden fees, processed quickly and does not require any collateral. This amount can be utilized for any of the personal purposes such as a wedding, business expansion, travelling, studies, and so on. The personal loan by Shriram Finance is available for flexible tenure starting from 12 months to 36 months at an interest rate starting @11.99% p.a.

Shriram Finance Personal Loan Information

Shriram Finance Personal Loan provides easy loan within 48 hours with interest 11.99% p.a. onwards. Below table gives the complete details of Personal Loan.

Shriram Finance Personal Loan Details
Loan Category: Personal Loan
Loans Offering: Personal Loan
Loan Type: Unsecured personal loan
Interest Rate: 11.99% p.a. onwards
Processing Fee: Up to 2.5% + GST
Approval Process: Both online and offline
Minimum Income Requirement: NA
Loan Approval Timing: 48 hours
Minimum Loan Amount: ₹50,000
Maximum Loan Amount: ₹30 Lakh
Minimum Loan Period: 12 months
Maximum Loan Period: 36 months
Type of Interest Rate: Fixed Interest Rate
Interest Charging Method: Reducing balance method

Shriram Finance Personal Loan Eligibility Criteria

There are eligibility criteria set by Shriram Finance Ltd for their personal loan:

Shriram Finance Personal Loan Details
Salaried Employees Yes
Salaried Doctors Yes
Employees of public and private limited companies Yes
Government sector employees including Public Sector Undertakings, Central and Local bodies Yes
Loan for Pensioners No
Loan for Existing Customers Yes
Self-Employed Yes
Selected Corporate No
Other Criteria NA
Minimum Age 18 years
Maximum Age 59 years at the time of maturity of loan
Minimum Income Requirement NA

Shriram Finance Personal Loan Strengths/Advantages

  • Real-time application tracking
  • 24/7 customer service
  • Free quotations on call, email or personal

Shriram Finance Personal Loan Weaknesses/Disadvantages

  • Low quantum of loan
  • short time for loan repayment

Request call back from Shriram Finance Personal Loan

Shriram Finance Personal Loan Products & Services

Products and services offered by Shriram Finance under Personal loan head:

  • Personal Loan

  • Shriram City Finance Limited offers its personal loan starting from Rs 50,000 to Rs 30 Lakh with an interest rate starting from 11.99% p.a. This loan can be used for any of the personal purposes including education of self or children, travel, medical or any other personal expenses.

Shriram Finance Personal Loan Feature

Shriram Finance Personal Loan offer various services, please find below the list of features offered by the vendor.

Shriram Finance Personal Loan Details
Personal Loan Yes
Wedding Loan No
Education Loan No
Home Renovation Loan No
Two Wheeler Loan No
New Car Loan No
Used Car Loan No
Travel Loan No
Medical Loan No
Top Up Loan No

Shriram Finance Personal Loan Charges

Here is the detail charge list for Shriram Finance Personal Loan process. We have covered all possible charges for your loan requirements for clear visibility on Shriram Finance Personal Loan processing.

Shriram Finance Personal Loan Details
Co-Applicant Allow No
Income Criteria Yes
Collateral Requirement No
Pre Approved Credit Limit NA
Foreclouser Charges 4.5% on the outstanding amount
Loan Foreclouser Conditions Permissible only after 6 months
Bounce Charges ₹1,000 at every bounce cheque
Bounce Charges Self Employed ₹1,000 at every bounce cheque
Late Payment Penalty NA
Duplicate NOC Charges At actual
Stamp Duty Charges As per laws
Instrument Swapping Charges ₹1,000
Loan Cancellation Charges NA
Stamp Duty Charges As per laws
Loan Rebooking Charges NA
Statement Of Account Charges Nil
Duplicate Repayment Schedule NA
EMI Payment Mode Standing Instruction (SI), Electronic Clearing Service, Post-dated cheque
Overdue Payment Mode NA
Hidden Charges NA

Shriram Finance Personal Loan Customer Care Details

  • Customer Support Email - NA
  • Customer Support Toll Free No - 1800 103 6369
  • Customer Support Chat Facility - No
  • Customer Support Whatsapp Number - NA

Shriram Finance Personal Loan Calculator and Download Links

In this section we have listed all important links related to Shriram Finance Personal Loan.

Shriram Finance Personal Loan Details
Banks NA
Charges Information Link
Personal Loan Eligibility Calculator Link NA
Personal Loan EMI Calculator Link Personal Loan EMI Calculator Link
Education Loan EMI Calculator Link NA
Car Loan EMI Calculator Link NA
Product Demo Link NA
Website Link Website Link
Android App Downlaod Link Android Mobile App Download
iOS App Downlaod Link NA

Shriram Finance Personal Loan Application Process Details

    For new customers:

    • Head to the official link from your web browser: Link or signup into your Shriram Finance Personal Loan > Apply Online
    • Fill your mobile number & DOB or PAN Card details registered with Shriram Finance Services and you will get an OTP.
    • After logging in to the account with OTP, enter the desired loan amount.
    • You have to upload the required documents, such as PAN Card and address proof.
    • As you get loan approval, the funds will be disbursed to your account.

Shriram Finance Personal Loan Documents Requirements

Please find below the list of documents required to avail personal loan. Aadhar, PAN and Income Proof are the most important documents, other documents are optional. The complete list of documents you can keep ready for your loan application.

Shriram Finance Personal Loan Details
Age Proof Copy of Passport/Driving License/Aadhar Card
Address Proof Copy of Passport/Driving License/Aadhar Card/Voter ID/Ration Card
Identity Proof Registered Rent Agreement/Utility Bills last 3 months/Copy of Passport/Copy of Ration card
Income Proof for Salaried Emp Salary slip of last 3-6 months, ITR or Form 16, 6 month bank statement
Income Proof for Self Emp IT returns for the last 2 years along with audited balance sheet, P&L account statement for 2 years

Last Updated on 2021-03-04T22:04:05+00:00


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