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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

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Eligibility Criteria

Shriram Tyre Finance schemes are exclusive for customers with a transport business and related backgrounds. You can apply for tyre finance if you satisfy the following set of eligibility criteria

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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

Documents required

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PAN Card or Form 60

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

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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

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.

Who can apply for a tyre loan?

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

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.