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Challan Discounting Loans
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Challan Discounting
Transport freight payments are mostly paid either at the destination or at the point of origin. The current business model requires truck owners to arrange funds to cover their route expenses. At Shriram, we offer Challan Discounting to individuals and businesses to cover their freight expenses
Features and Benefits
Finance for Freight Bill
Get finance for all your freight bills
Competitive Interest rates
Get customised interest rates on your Challan Discounting Loan
Flexible Repayments
Choose from a range of flexible tenure up to 12 months
Quick Approvals & Disbursals
Reliable and faster loan approvals with minimal documentation
Minimal Documentation
Minimal paperwork, digital and hassle-free process
Convenient Tenure
Choose your convenient repayment tenure
EMI Calculator
Calculate your loan EMI in 3 easy steps. Use Shriram Finance EMI calculator to estimate your EMI and total amount payable
Loan Summary
Loan
How to Apply?
Apply for Shriram Challan Discounting in 4 simple steps – It’s easy, seamless and quick
-
Step 01
Register using your mobile number -
Step 02
Verify and proceed using OTP -
Step 03
Enter personal details -
Step 04
Receive a call from our representative
Eligibility
To ensure faster processing and hassle-free loan processing experience - check your Challan Discounting eligibility criteria below
Who can apply?
Any registered business entity
Nature of Business
All businesses
Age
18 to 60*
(The applicant should not be older than 60 years at the end of the loan tenure)
Work Stability
A minimum 6 months of work/business stability is required
Interest and Charges
For interest rate and applicable Fees/charges, please refer our interest rate policy : Interest Rate Policy
FAQs
How to apply for Challan Discounting?
You can apply for Challan Discounting in four easy steps.
- Step 1: Register using your mobile number
- Step 2: Verify and proceed using OTP
- Step 3: Enter personal details
- Step 4: Receive a call from our representative
Who can apply for Challan Discounting?
Individuals/Proprietors, Partnership Firms, Private Limited, and Limited Companies can apply for Challan Discounting.
What is Challan Discounting?
Challan Discounting is when an enterprise or business owner uses the invoices to obtain cash by selling unpaid invoices due on a future date to financial institutions instead of a commission. Challan Discounting is also known as Bill Financing, Bill Discounting, or Invoice Discounting.
Easy & Quick Disbursals on Challan Discounting
