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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 Tyre Finance

OTP Sent Successfully

Tyre Finance

Every vehicle comes with additional expenses; one such expense is the tyre replacement costs; we at Shriram understand that tyre replacement costs are a significant expense. Hence, we have got your back! We ensure to support you with such aspects of commercial vehicles and keep your business running smooth. With our tyre finance, existing customers can loan and purchase tyres of their choice.

Features and Benefits

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Finance for all Tyre Brands

We have tied up with popular tyre brands, such as MRF, Apollo, CEAT and more, to give you a wide variety of products from the most trusted tyre brands

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Attractive Interest Rates

Get customised interest rates on your tyre finance

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Quick Approvals & Disbursals

Get quick and faster loan approvals

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Flexible Repayment Tenure

Flexible and convenient repayment tenure up to 12 months

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Customised Loans

Customised loans with minimum documentation

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Regular Reminders

Receive alerts on your registered mobile number and email ID about your EMI so that you never miss out on payments

How to Apply?

Applying for Tyre Finance is a 4-step process – 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 Tyre Finance eligibility criteria below

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Who can Apply?

All Vehicle Owners

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Nature of Business

Registered businesses, salaried, professionals and self employed

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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

Interest and Charges

Get quick, easy and instant Tyre Finance- attractive interest rate and hassle-free process

Interest Rates Starts from

Starts from

15% p.a.*
Processing fee Starts from

Maximum up to

2%

Pre-Closure Charges
3

%

to

6

%

on principal outstanding

FAQs

What all brands are available and covered by Shriram Tyre Finance?

  • Shriram has tied up with major brands like MRF, Apollo, CEAT and more for its tyre finance schemes. Connect with us to know more details.

What is Tyre Finance?

  • Tyre Finance is a working capital loan given to transport business-oriented applicants. The loan amount covers tyre replacement and other related charges.

How does Tyre Finance work?

  • A credit limit is fixed based on your fleet size, requirement, collateral, and business activity. The fixed credit amount can be used for purchasing tyres and relevant parts.

How to avail tyre finance?

  • Applicants with employment in the transport business who have an existing loan with Shriram can request a call back to initiate the application process.