affordable passenger vehicle
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Passenger Commercial Vehicle Finance Eligibility
Nature of Business
Transport related businesses
Age
18 to 70* (The applicant should not be older than 70 years at the end of the loan tenure)
Documents Required
Photo Identity Proof
Aadhaar Card, Passport or Driving License along with the latest passport-size photographs
Address Proof Document
Aadhaar Card, Passport, Driving License, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill or Telephone Bill
Income Proof Document
Last three month's bank statement, Income Tax Returns (ITR), Audited company accounts of last financial year or cash flow statement.
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.
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
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
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.
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
Easy & Quick Disbursals on Passenger Commercial Vehicle Finance
