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Tyre Finance Eligibility

Who can apply?

Who can apply?

All Vehicle Owners

Nature of work

Nature of Business

Registered businesses, salaried, professionals and self employed

Age

Age

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

Minimum years in Business- 3 years

Business Stability

12 Months of work/business stability

Documents Required

Eligibility PAN

PAN Card or Form 60

PAN Card or Form 60; if you do not hold a PAN Card, you must submit Form 60

Photo Identity

Photo Identity Proof

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

Photo Identity

Address Proof Document

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

Money pack

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

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FAQs

Who can apply for a tyre loan?

People applying for a tyre loan must already be existing customers of Shriram.

How does tyre finance work?

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

Should I have a transport business to avail tyre finance?

Applicants with employment in the transport business or something similar is preferred and eligible to avail of tyre finance.

 

Easy & Quick Disbursals on Tyre Finance