Two Wheeler Loans

Shriram City Union Finance currently offers various options for financing the purchase of two wheeler vehicles across manufacturers and brands. A widespread presence in dealer showrooms, and with preferred finance tie-ups with all two wheeler brands in India have given Shriram City Union Finance a distinct edge in segment. Shriram City Union Finance executives man dealer showrooms with a dedicated team to clear proposals, making it the quickest and most efficient financing option a customer can ask for.

Basic product features and Eligibility criteria*

Eligibility

  • Age - 18 to 59 years of age
  • Salaried and Self Employed individuals

Basic Product Features

  • For Used and New Two Wheelers
  • For minimum income criteria, please do visit our nearest branch
  • No Cheque bounces in Bank statements
  • Repayment through Equated Monthly Installments
  • Declaration of existing loan commitments
  • Should be employed for a minimum period of 1 year. In case of self employment - 2years
  • Should be in the same residence for a minimum period of 1 year

Documents Required

  • Valid Identity Proof - as per RBI norms
    • A valid Identity Proof will be any one of the following
    • Passport
    • Driving Licence
    • Voter ID Card
    • Aadhar Card
    • PAN Card
  • Valid Address Proof - as per RBI norms
    • A valid address Proof will be any one of the following
    • Passport
    • Driving Licence
    • Ration Card
    • Gas Bill with Gas book
  • Recent Passport size colour photographs
  • Income Proof Documents
  • Bank Statement for last 6 months
  • Post Dated Cheques and Electronic Clearing Mandates
  • Legal Documents as stipulated by Shriram City Union Finance Limited
  • Duly endorsed Vehicle Registration Certificate on receipt
  • Any other document as advised by Shriram City Union Finance

Interest and Charges

  • Based on the schemes selected by the borrower

* Fulfilling the above criteria does not amount to loan eligibility. All Loans are subject to Approval by Shriram City Union Finance Limited after sighting of original documents, successful verification and appraisal processes.