Shriram Vehicle Insurance
Vehicle Insurance Finance Eligibility
Who can Apply?
Individuals as well as Business Entities
Nature of Business
Registered businesses, salaried, professionals and self employed
18 to 60*
(The applicant should not be older than 60 years at the end of the loan tenure)
12 Months of work/business stability
Availing a Vehicle Insurance Finance from Shriram is easy, simple and a hassle-free process. Kindly find below the documents required
PAN Card or Form 60
PAN card or Form 60 if you do not hold a PAN
Photo Identity Proof
Aadhaar Card (or) Passport (or) Driving License (or) Voter’s ID along with the latest passport-sized photographs.
Address Proof Document
Aadhaar Card (or) Passport, (or) Driving License (or) Gas Connection Card (or) Water Bill (or) Electricity Bill (or) Prepaid Mobile Bill (or) Telephone Bill (or) Voter’s ID.
Income Proof Document
Last three months’ bank statements (or) Salary Slips for the last three months (or) Income Tax Returns (ITR) (or) Audited Company accounts of the previous financial year (or) Cash Flow Statement.
Asset-Related Documents (Pre-Sanction)
Proforma invoice & Margin Money Receipt for new asset (or) Sale Deed for used asset purchase (or) Valuation Report in case of Used Asset (or) Registration certificate for a used asset (or) original invoice for an unregistrable asset (or) Comprehensive Insurance Policy.
Asset Related Documents (Post-Disbursement)
The original invoice for a new asset with hypothecation in favor of Company, Registration certificate, and hypothecation in favor of Company, Insurance policy hypothecation in favor of Company.
Is it mandatory to provide photo identity proof?
Yes. It is mandatory to provide your photo identity proof. You can provide any one of the following documents: Aadhaar Card or Passport or Driving License or Gas Connection Card or Water Bill or Electricity Bill or Prepaid Mobile Bill or Telephone Bill
Is there a minimum and maximum age eligibility to apply for the loan?
Minimum age is 18 and a maximum of 60 years.
Is PAN card mandatory?
Yes. PAN card is mandatory to avail a Vehicle Insurance Finance from Shriram. However, you can submit Form 60 if you do not hold a PAN card.
Easy & Quick Disbursals on Vehicle Insurance Finance