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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 Repair/Top-up Loan

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Eligibility

Shriram Finance offers Repair/Top-Up Loan at attractive interest rates to individuals and companies who meet our age and income eligibility criteria.

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Who can apply?

All Vehicle Owners

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Nature of business

All businesses

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Age

18 to 60*
(The applicant should not be older than 60 years at the end of the loan tenure)

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Business Stability

12 Months of work/business stability

Documents Required

With Shriram, you can quickly get a Repair/Top-Up Loan by providing us with any of the following documents from each category.

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PAN Card or Form 60

PAN Card or Form 60 if you do not hold a PAN.

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Photo Identity Proof

Aadhaar Card, Passport, Driving License or Voter ID 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, Telephone Bill or Voter ID.

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Income Proof Document

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

FAQs

Am I eligible for Repair/Top-Up Loan?

  • You are eligible for Repair/Top-Up Loan if you:
    • Are between 18-60 years of age
    • In transport & related business
    • Are an existing customer of Shriram Commercial Vehicle Loans

Is there a minimum and maximum age eligibility to apply for the loan?

  • The minimum and maximum age of eligibility is between 18 and 60 years.

Is PAN Card mandatory?

  • Yes, PAN Card is mandatory to avail of a Repair/Top-Up Loan from Shriram. However, you can submit Form 60 if you do not hold a PAN Card.

Is it mandatory to provide photo identity proof?

  • Yes, it is mandatory to provide your photo identity proof. You can give any of the following documents: Aadhaar Card/Passport/Driving License/Gas Connection Card/Water Bill/Electricity Bill/ Prepaid Mobile Bill/ Telephone Bill/Voter ID.