Shriram Finance Personal Loan 2022

Shriram Finance Personal Loan

Shriram Personal Finance thrives in offering Personal loans to customers, who do not always get enough access to banks and financial institutions. Personal loans are immensely popular these days as they are processed and disbursed quickly. Moreover, most of them do not require any collateral. The loan amount may be utilized for any purpose you like, and you can finance your sudden expenses with absolute ease.

The Shriram Finance, Personal Loan products, are known for providing speedy access to small and medium finance. These products are transparent, competitive and yet, are customized to address distinct customer needs. Avail Shriram Finance personal loans is available for any legitimate reason as wedding, business expansion, travelling, studies abroad, and so on. These loans are available with flexible tenures, highly competitive interest rates, nominal charges, and simple documentation. We will discuss all the important features of a Shriram Finance personal loan in our subsequent sections below.

Shriram Finance personal loan eligibility criteria

Eligibility for a Shriram Finance personal loan is decided depending on certain parameters. An applicant must fulfill the below-mentioned loan eligibility criteria:

• The salaried individuals should be employed for a minimum of 1 year
• The self-employed applicants should be engaged in their relevant fields for at least 2 years
• The individuals must be in the same residence for a minimum of 1 year
• They should be in the age bracket of 18 to 59 years

Shriram Finance personal loan documents required

• Identity Proof: Anyone from Driving License, PAN Card, Voter ID Card, Aadhar Card, passport etc.
• Address Proof: Anyone from the valid Passport, driving license, a Gas bill with Gas book, MNREGA card etc
• Income Proof- Latest salary slip showing all deductions/ ITR for last 2 years/ form 16 along with latest salary certificate from employer and last 6 months’ bank statements
• Postdated Cheques (PDCs) and Electronic Clearing Mandates
• Passport size photographs (3)
• Any other documents as advised by Shriram Personal Finance

Please note: Documentary proofs required may differ from customer to customer

• Shriram Finance offers highly competitive and best-in-class interest rates on personal loans. The Shriram Personal Finance Personal Loan interest rates are in the range of 11.49% to 23% p.a.  
• Loans are available in the range of Rs 1,00,000 to Rs 30,00,000.
• Flexible repayment period starting from 12 to 36 months.
• Completely transparent  and simplified loan procedure
• Quick and hassle-free loan approval
• You do not need to pledge any collateral to avail a Shriram Finance personal loan

Please note:  Information is gathered from available secondary sources and is meant for reference only.

Why should you apply for a Shriram Finance Personal Loan through Afinoz.com?

Afinoz.com has simplified and digitized the procedures related to the application of a Shriram Finance personal loan.  Its efficient platform enables you to choose the best personal loan offer from multiple options available. All the options are shortlisted by considering your distinct needs.

• A Bonanza offer is up for grabs - A cashback of up to Rs 5000 is up for grabs when a Shriram Finance personal loan is disbursed to you through Afinoz.
• Online eligibility check – You do not need to visit the Shriram City branch to check your loan eligibility. You and can do all your dealings online. Simply provide some basic information to the Afinoz personal loan eligibility calculator, and it will tell you the loan amount you are eligible to avail from Shriram Personal Finance within a minute!
• Secure Environment - Your personal information is stored in a highly secured environment inside the Afinoz system. This information is communicated only to your lender, in a digitally encrypted format.
• Real-time application tracking – When you submit your Shriram Finance personal loan application on the Afinoz platform, a unique transaction id will be generated for you. With this ID, you can keep track of your application status in real-time. You will also be kept informed about the application process at every stage through SMS and emails.
• Instant Approval – Once you properly fill your application and submit it along with other prescribed documents, your e-approval will be accorded within just a couple of days.
• 24/7 Customer Service – All the queries you have at any stage of the loan application process will be addressed by our experienced and well-trained customer service team 24*7. You do not need to make multiple trips to the Shriram City Branch to discuss loan details.
• No third-party agent – Through Afinoz, you can directly approach the lender online without the need of an agent. Thus, you can save money and avoid unnecessary interference and delays.
• Free quotations – Afinoz has established exclusive tie-ups with Shriram Personal Finance. Thus, you can have exclusive access to the attractive online deals from Shriram Finance personal loans and get free, unbiased quotes for the best loan rates. You need to select the personal loan amount and loan tenure. Afinoz will send you a customized online quote within minutes.

About Shriram Finance 

Shriram City Union Finance (also known as Shriram City) was established as a Non-Banking financial company (NBFC) in 1986 and is a part of the Shriram Group. Over the years, it has developed into one of the leading companies for financial services in India, specializing in retail finance. The consumer finance business of the Shriram Group was established in 2002 as a separate unit and was named Shriram City Union Finance Ltd. Shriram City provides a diverse range of offerings starting from auto finance to personal loans, loan against gold and small business loans.