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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 Passenger Commercial Vehicle Finance

OTP Sent Successfully

Eligibility Criteria

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Nature of Business

Transport related 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)

Documents Required

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Photo Identity Proof

Aadhaar Card, Passport or Driving License along with the latest passport-size photographs

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Address Proof Document

Aadhaar Card, Passport, Driving License, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill or Telephone Bill

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Income Proof Document

Last three month's bank statement, Income Tax Returns (ITR), Audited company accounts of last financial year or cash flow statement.

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Asset Related Documents (Pre-Sanction)

Pro Forma invoice and margin money receipt for a new asset, sale deed for used asset purchase, valuation report in case of the used asset or registration certificate for the used asset, or registration certificate with Hypothecation in favour of the company.

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Asset Related Documents (Post-Disbursement)

Original invoice for the new asset with hypothecation in favour of the company, registration certificate and hypothecation in favour of the company or registration certificate with hypothecation in favour of the company.

FAQs

On what criteria may the Passenger Commercial Vehicle Finance be sanctioned to me?

  • The minimum requirements to avail of the loan are as follows:
    • Must be 18 to 70 years old
    • Must be in passenger movement business or related business

Who can apply for Shriram Passenger Commercial Vehicle Loan?

  • New entrants in passenger movement business and related businesses can apply for Shriram Passenger Commercial Vehicle Finance.

How to apply for Passenger Commercial Vehicle Loan in Shriram?

  • Applying for a Passenger Commercial Vehicle Finance with Shriram is a simple process.
    • Register your phone number
    • Fill in your contact details on our website -Receive a call from us
    • Tell us what vehicle you are after, and we will work out what you need
    • Complete your verification
    • We will take you through a quick application.
    • Get your money quickly
    • Your loan amount will be directly transferred to your bank account