Shriram Finance Personal Loan, Interest rates from 14%
Apply for a Shriram Finance Personal Loan at 14% p.a. and meet your financial needs with ease. Enjoy flexible repayment options and fast approval. Secure your loan today!
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Shriram Finance Personal Loan
Personal Loan from Shriram Finance can help you meet your financial goals. Whether you are planning for your kids’ education, a vacation, or even trying to revamp your older homes, you have Shriram Finance at your back. Shriram Finance offers personal loan upto 25 Lakhs with minimal documentation, flexible repayment options, and competitive interest rates. Personal Loans can be used for several expenses like wedding, travel, home renovation, student education, and even medical emergencies.
Features of Shriram Finance Personal Loan
Feature | Details |
Flexible Loan Amounts | Borrow amounts tailored to your needs. Shriram Finance offers personal loans up to ₹25 lakhs. |
Competitive Interest Rates | Benefit from attractive rates from 14% to 24% based on your FOIR and credit score. FOIR up to 72% is allowed. |
Quick Approval and Disbursal | Most personal loans are processed and credited within 72 hours. |
Flexible Tenure Options | Choose a repayment period that suits your financial situation, with tenures from 12 to 60 months. |
Minimal Documentation | Enjoy a fully digital, completely paperless borrowing experience. |
Regular Reminders | Receive regular alerts on your registered email and mobile number to avoid missing EMIs. |
Documents required for Shriram Finance Personal Loan
- ID Proof (Passport, DL, Voter ID, Aadhar)
- Address Proof (Passport, DL, Gas Bill with Book, and Ration card)
- Last 6 months PDF bank statement
- Recent passport size photos
- One Cancelled Cheque and ACH form for eNACH
- Salary slip for the past three months
Fees and Charges of Personal loan at Shriram Finance
Interest charges | From 14% to 24% |
Loan Amount | Upto Rs. 25 Lakhs |
Tenure | 12-60 months |
Processing Fee | Upto 5% of the loan amount upto Rs. 3000 |
Foreclosure charges | Upto 4% |
Bank Charges for Bounce | Upto 1000 |
Collection Charges | Rs. 500 |
How to Apply for Shriram Finance Personal Loan?
- Visit https://www.fincover.com/banking/loan/personal/ and select Shriram Finance
- Enter all the required information as requested and Submit your loan application
- Check if your loan is approved with the reference no provided
- If approved and verified, the loan will disbursed in a few days.
Documents Required for Shriram Finance Personal Loan
To apply for a Shriram Finance Personal Loan, you will need to submit the following documents:
Identity Proof (any one of the following):
- Aadhaar Card
- Passport
- Voter ID
- Driving License
- PAN Card
Address Proof (any one of the following):
- Aadhaar Card
- Passport
- Utility Bills (Electricity, Water, Gas)
- Ration Card
- Rental Agreement
Income Proof:
- Salary Slips (Last 3 months)
- Bank Statements (Last 6 months)
- Income Tax Returns (ITR) or Form 16 (Last 2 years)
Employment Proof:
- Employment Offer Letter
- Employee ID Card
- Employment Certificate
Photographs:
- Recent Passport-sized Photographs
Duly Filled Application Form:
- Complete and signed application form for the personal loan.
Additional Documents (if applicable):
- Self-Employed Applicants:
- Business Continuity Proof (Trade License, Partnership Deed, etc.)
- Audited Financial Statements (Last 2 years)
- Bank Statements (Last 6 months)
By providing these documents, you can ensure a smooth and quick processing of your Shriram Finance Personal Loan application.
How to Apply for an Shriram Finance Personal Loan?
- Visit https://www.fincover.com/banking/loan/personal/ and select Shriram Finance
- Enter all the required information as requested and Submit your personal loan application
- Check if your personal loan is approved with the reference no provided
- If approved and verified, the loan will disbursed in few days
NBFCs
- Rs.50 lakh Personal Loan
- Rs.40 lakh Personal Loan
- Rs.30 lakh Personal Loan
- Rs.25 lakh Personal Loan
- Rs.20 lakh Personal Loan
- Rs.15 lakh Personal Loan
- Rs.10 lakh Personal Loan
- Rs.5 lakh Personal Loan
- Rs.4 lakh Personal Loan
- Rs.3 lakh Personal Loan
- Rs.2 lakh Personal Loan
- Rs.1 lakh Personal Loan
- Rs.50,000 Personal Loan