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Fixed Deposit up to 9.05% p.a.* Interest rates. Invest Now

 

01-01-2023 00:13:59

Recurring Deposit up to 8.50% p.a.* Interest rates. Invest Now

 

14-11-2022 14:09:00

Two Entities - One Shared Vision - STFC and SCUF are now merged as Shriram Finance

14-11-2022 14:08:45

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Easy & Quick Disbursals on Commercial Vehicle Loans

OTP Sent Successfully

Commercial Vehicle Loan

Shriram Finance offers a wide range of Vehicle and Equipment Loans with flexible repayment options

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Commercial Goods Vehicle Finance

Build your fleet easily with the wide range of options

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Passenger Commercial Vehicle Finance

Expand your fleet with affordable Passenger Vehicle Loan

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Tractor & Farm Equipment Finance

Empowering & supporting farmers to realise their dreams

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Construction Equipment Finance

Funding on wide varieties of vehicles & equipment

How to Apply?

Apply for Shriram Commercial Vehicle Loan in 4 simple steps - It’s easy, seamless and quick

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  • 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 Criteria

To ensure faster and hassle-free loan processing experience – check your Commercial Vehicle Loan eligibility criteria below

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Nature of Business

All Businesses

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Age

18 to 70*
(The applicant should not be older than 70 years at the end of the loan tenure)

Interest and Charges

We offer Commercial Vehicle Loans that can help you grow your business. Here are our interests & charges on Commercial Vehicle Loans

Interest Rates Starts from

Starts from

12

%

p.a.

*

Processing fee Starts from

Maximum up to

2

%

Foreclosure Charges
3

%

on principal outstanding

FAQs

Why should I choose Shriram Commercial Vehicle Loan?

  • Shriram Commercial Vehicle Loan offers you the following advantages

    • Best Vehicle Loan for different vehicle options
    • Finance for both new and second-hand Commercial Vehicles
    • Flexible repayment tenures
    • Customised financing options for individual requirements
    • Simple documentation and easy processing

How do I pay my EMIs every month?

  • Repaying Your Loan Online:

    We offer customer-friendly online platforms to help you repay your loan on time. You can visit our website to make your loan EMI payments more seamless and quicker. All you must do is provide your loan details and pay it through online mode.

     

    Repaying Your Loan Offline:

    You can visit our nearest branch, pay your monthly loan EMIs directly, and get the receipt for the EMI payment. Locate the nearest branch to find your nearest Shriram branch.

What are the different methods of repaying my Loan?

  • You can pay your EMI through direct debit of your savings account or through ECS (Electronic Clearing Service) debit mandate, another mode of repayment by which your bank account gets debited for the loan repayment on a specific date in a month.

What are the types of Vehicle Loans available with Shriram Finance?

  • At Shriram Finance, we provide finance for commercial vehicles, farm vehicles, construction vehicles and heavy vehicles such as Tempo, Buses, Cargo vans, Trucks including small, Light trucks. You can avail finance for new as well as second-hand vehicles. Shriram also provides loans for new and used equipment.

What are the benefits of applying for a Vehicle Loan online

  • You can apply for a Vehicle Loan online, anywhere and anytime without travelling to our branches. It saves a lot of time. Once your application is accepted, our representation will reach out to you quickly.