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Apply for Your Vehicle Insurance Premium Loan in 4 Easy Steps

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  • Step 01
    Premium is Calculated

    Your vehicle's insurance premium is assessed based on your policy type, vehicle category, and the coverage you require.

  • Step 02
    Loan is Confirmed

    You review and confirm the premium amount. Shriram Finance then sanctions the Working Capital Loan on your behalf.

  • Step 03
    Policy is Issued Instantly

    Your insurance policy is issued the moment the loan is approved. Your vehicle is insured and fully road-legal from this point.

  • Step 04
    Repay in Easy EMIs

    Repay the funded premium in fixed monthly instalments over the agreed tenure, up to 12 months.

FAQs

How does commercial vehicle insurance premium financing work?

A Commercial Vehicle Insurance Premium Loan is a short-term working capital loan offered by Shriram Finance that helps existing customers fund their vehicle insurance premium. Instead of paying the full premium upfront, the amount is disbursed on your behalf and repaid by you in easy EMIs over a chosen tenure.