Personal Loan How to Apply

To quickly get approved for a personal loan from Shriram Finance, try maintaining a good credit score, meet the eligibility criteria, keep the required documents updated and choose a loan amount and tenure that you are comfortable with.

You need to have identity proof like Aadhaar or PAN Card, address proof like Voter ID, utility bills, income statements like salary slips and bank statements, passport-sized photos and any other documents that Shriram Finance may need.

You can borrow up to ₹10,00,000 with Shriram Personal Loan, subject to your income and employment stability, credit score and other terms and conditions laid down by Shriram Finance.

Yes, absolutely. But you need to be able to demonstrate that you’re capable of making timely repayments. Having a high credit score, low DTI ratio and stable income can help improve your chances of approval.

Shriram Finance offers collateral-free personal loans up to ₹10,00,000 at competitive interest rates and flexible repayment tenure. Our approval timeline is usually quick, with applications being approved in a few hours, subject to your eligibility and other terms and conditions. Plus, with a seamless digital application process, you can apply for a loan from anywhere.

Shriram Finance disburses personal loans usually quickly, often within a few hours to days, subject to approvals.

Generally, Shriram Finance requires proof of income to ensure you can repay on time. But you can reach out to us to understand more about the eligibility criteria.

It is usually not recommended to apply for multiple loans at the same time as this results in more credit enquiries within a short period of time, which can lower your score. Plus, applying for too many loans at the same time can send out a “credit-hungry” signal to lenders, lowering your chances of approval.

Yes, it is completely safe to apply for a personal loan online with Shriram Finance. All your information is completely safe as long as you’re applying through the official Shriram Finance online portal or Shriram One app.

A homemaker can apply for a personal loan, but eligibility depends on proof of stable income and the ability to repay the loan. If you are a homemaker with your own regular income, you may be eligible for a personal loan or in case of business-related income, a business loan may be appropriate. If you do not have proof of steady income or a good credit history, for instance, you can apply with a co-applicant with a strong financial profile.

Yes, it may be possible to apply for a personal loan even if you have bad credit. Reach out to us to check for specific eligibility requirements.

Applying for a personal loan without a salary slip is possible by providing alternate proof of income. This may include bank statements, tax returns, etc.

Each sibling may need to apply individually with us and meet our eligibility requirements. Joint applications might be possible if the siblings meet the requirements for co-applicants.

It is challenging to get a personal loan without any proof of stable income. You may be able to apply with a co-applicant who meets our eligibility criteria.

Yes, you can apply for a personal loan even if you have another education loan. Approval depends on your repayment capacity and other eligibility factors.

Farmers may apply for a personal loan by providing proof of land ownership, income statements from agricultural activities. However, since farming income is considered as a business activity, farmers are generally encouraged to apply for a business loan. If a farmer does apply for personal loan, the application may be assessed and redirected to a business loan product.

Begin by checking our eligibility criteria and getting all the documents ready. Then apply using our online portal or the Shriram One app. You can also visit one of the branches closest to you to apply.

You will typically need to have identity, address and income proof. Additional documents may also be needed at the time of application. Also, ensure that you meet our eligibility criteria.

NRIs may not be able to apply for a personal loan with Shriram Finance. To be eligible for a loan with us, you need to be an Indian resident of at least 21 years of age.