Customer Login Would you want us to contact you

Auto Loans

Shriram City Union Finance offers a variety of loans to finance the purchase of new and pre-owned passenger and commercial vehicles. This includes three wheelers, four wheelers, used and new cars. Shriram City Union Finance principally targets the financing of new passenger and commercial vehicles. Shriram City Union Finance’s executives are stationed at the showrooms of various passenger and commercial vehicle dealers. They are responsible for every stage of the loan, right from bringing in the customer, credit verification and loan origination to recovery of the loan.

Basic product features and Eligibility criteria*

Eligibility

  • Age - 21 to 59 years of age
  • Salaried and Self Employed individuals

Vehicles

  • Cars / Commercial Vehicles / Tractors

Basic Product Features

  • Funding will be for Used and New Cars also
  • 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
  • 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 for New Vehicles
  • Duly endorsed Vehicle Registration Certificate before sanction for Used Vehicles
  • 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.