Personal Loans

Shriram City Union Finance offers personal loans to customer segments that do not have easy access to banks and similar institutions for speedy short or medium finance. Shriram City Union Finance provides personal loans to its existing and old customers, as well as customers of other Shriram Group entities.

Basic product features and Eligibility criteria*

Eligibility

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

Basic Product Features

  • 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
  • Minimum Tenor - 12 Months Maximum Tenor 36 months - Scheme based
  • For minimum income criteria, please do visit our nearest branch

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
  • Minimum Tenor - 12 Months Maximum Tenor 36 months - Scheme based
  • 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
  • Collateral Security as advised by Shriram City Union Finance
  • 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.