Shriram Finance Personal Loan

Shriram Finance star star star star star 3.75 / 5.04 users

Shriram City Union Finance is a part of Shriram Group which is non-banking financial company yet accepts cash deposits. This kind of company came into existence in India because of the need of Chit Fund customers. It offers personal loans to such people who can’t go to bank. This company provides personal loan to its old and existing customer and also to the customer who belongs to other Shriram Group entities.

Shriram Finance Personal Loan Details Updated on 18th January 2019
Loan Amount Rs.10,0000 to Rs.50,00,000
Loan Tenure 3 Years
Interest Rate 11.49% to 28%

Our website, provides all the information about Shriram Finance Personal Loan.

Why Choose Shriram Finance Bank Personal Loan?

  • The advantage of this loan is its same interest throughout the duration.
  • Simple documentation is needed and the personal loan in Shriram Finance then gets processed faster.
  • The customers can pay off the loan in easy instalments every month and can repay it via auto debit or PDC or ECS.
  • You can check out Shriram Finance personal loan eligibility and Shriram Finance Personal Loan EMI calculator at

Features of Personal Loans at Shriram Finance Bank

The following key points will help you understand the features and benefits of the personal loans:

  1. Choice of opting for loan amount and tenure
  2. An applicant can take a loan from Shriram City Union Finance is up to Rs. 30 lakhs. Amount sanctioned depends on the individual profile.  Processing fee is 2.50% of the loan amount. The loan can be repaid within tenure of 12 months to 36 months. This NBFC offers you the flexibility to choose your tenure.

  3. Quick documentation process

The bank has a straightforward documentation procedure since they go about it with internationally tested methods. All you need is a photo ID, verified signature, address proof and a document that declares your age. The same is submitted with the application, and you are ready to get the loans from the best banks in the world.

Why Apply for Shriram Finance Personal Loan?

Loanbaba provides comprehensive information about personal loan schemes by Shriram City Union Finance. Keep a note of this page to stay updated with recent information on this bank loan scheme. You can also quickly apply for this loan online on the financial institution's official website without having to visit the bank branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.

Shriram Finance Personal Loan Interest Rates

Personal Loan Shriram Finance interest rate is between 11.49% and 28%, but varies as per individual profile. Keep a check on this page to note the updated Shriram Finance personal loan interest rate for the current year.

Shriram Finance Personal Loan Eligibility Calculator

Personal loan eligibility may differ from one candidate to another. You can also use free-of-cost Shriram Finance personal loan eligibility calculator at The eligibility criteria for Shriram Finance personal loan are discussed below:

  • The applicant for personal loan Shriram Finance needs to meet the age requirement and possess all necessary identity and income proof required to apply for the loan.
  • He/she meet the requirement for credit score and should not be under too many debts.

Types of Shriram Finance Bank Personal Loans

Shriram Finance has personal loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.

Shriram Finance Bank Personal Loan FAQs

Below provided are important questions about personal loan Shriram City Union Finance:

  • addFAQs
    1. What are the eligibility criteria for Shriram Finance Personal Loan?
    2. Eligibility criteria to avail the loan:

      • Applicant can visit the nearest branch of Shriram City Union Finance to check whether he or she can apply for loan or not.
      • Age should be between 18 to 59 years.
      • In case a customer is employed then his or her account should show continuous credit of salary at least for One year.
      • In case one is already having an existing loan from any other bank then he or she has to communicate for the same.
      • One can pay back the loan amount via EMI (Equated Monthly Instalments).
      • If an individual is self-employed then he or she need to be employed at least for Two years.
    3. What are the documents required for Shriram Finance Personal Loan?
    4. Required Documents for Shriram City Union Finance Personal Loan:

      • Address proof such as driving licence, passport, gas bill with gas book, Ration card.
      • Identity proof such as voter ID, PAN card or Aadhar card, passport, driving licence.
      • Documents of income proof.
      • Electronic clearing mandates and Post-dated cheques.
      • Bank statement of last Six months.
      • Legal documents which the company demands.
      • Other documents which the company demands needs to be submitted.
      • Collateral security as conveyed by the company.
    5. What are the essentials of personal loan Shriram Finance?
    • Customer get the time period of 12 to 36 months to pay back the loan and this time period is based on scheme.
    • The customer should be employed for at least One year, for self-employed it is Two year.
    • Customer should be resident of the location for at least One year.

Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Shriram Finance.

Shriram Finance Personal Loan

Personal Loan
star star star star star 15.0/5
I have a Personal Loan with Shriram Finance. The loan disbursement was on time and document procedure was quick. I would say it was a satisfactory experience.
Mumbai January 17, 2019
Personal Loan
star star star star star 15.0/5
Taking personal loan in Gujrat by Shriram Finance through online portal of loanbaba was after all not a bad idea. This way I could communicate with the Shriram Finance without having to come over to their branch. All by documentation was sorted and I got the loan in decent time.
Mumbai January 16, 2019
Personal Loan
star star star star star 13.0/5
The Shriram Finance has disbursed the loan amount required and I am satisfied with it. The interest rate and the charges are average.
Mumbai January 16, 2019
Personal Loan
star star star star star 12.0/5
Personal loan by Shriram Finance was perfect, but the turnaround time is something they can work upon.
Mumbai January 14, 2019

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