Facing an urgent financial requirement but unable to secure a bank loan? Worry no more! Shriram Finance offers personal loans even with a low credit score, providing you with a financial safety net when you need it the most.
Loan Amount and Repayment Flexibility
You can avail of a personal loan of up to ₹1.5 lakh based on your financial needs. The repayment tenure ranges from 12 to 60 months, ensuring a flexible repayment schedule.
Key Features of Shriram Finance Personal Loan
- Loan Amount: Get up to ₹15 lakh as a personal loan.
- Interest Rate: Starts from 12% per annum.
- Usage: Use the loan amount for any personal financial need.
- Repayment Tenure: Flexible repayment from 12 to 60 months.
- Quick Disbursement: Loan approval and disbursement within 72 hours.
- Paperless Process: Apply online with minimal documentation.
Eligibility Criteria for Shriram Finance Personal Loan
- Residency: The applicant must be an Indian citizen.
- Age: Between 21 and 60 years.
- Employment Status: Minimum one year of work experience for salaried individuals and two years for self-employed persons.
- Credit History: The applicant should not be a loan defaulter.
- Minimum Monthly Income: At least ₹15,000.
Required Documents for Loan Application
- Identity Proof: Aadhaar Card, PAN Card
- Address Proof: Valid address document
- Income Proof: Last 3 months’ salary slips, last 2 years’ income tax returns (for self-employed), and Form 16
- Bank Statements: Previous 6 months’ bank account statement
- Cancelled Cheque: For account verification
- Photographs: Passport-size photos
- Mobile Number: Active contact number
How to Apply for a Shriram Finance Personal Loan Online
- Visit the Official Website: Go to Shriram Finance’s official website.
- Select Personal Loan: Click on the personal loan option in the loans section.
- Apply Now: Click on the ‘Apply Now’ button to open the application form.
- Fill the Form: Enter the required personal and financial details accurately.
- Upload Documents: Scan and upload necessary documents.
- Complete e-KYC: Authenticate your details via Aadhaar OTP.
- Set Up e-NACH: Authorize loan repayment setup.
- Verification Process: Your application will be verified by Shriram Finance.
- Loan Disbursement: Upon successful verification, the loan amount will be credited to your bank account.
Interest Rates and Charges
Shriram Finance offers personal loans with annual interest rates ranging from 12% to 36%, depending on the applicant’s credit score. Applicants with a credit score above 780 are eligible for the lowest interest rates.
Customer Care Support
For any queries related to Shriram Finance personal loans, contact their customer service helpline:
- Toll-Free Numbers: 1800 103 4959 / 1800 103 6369.
With Shriram Finance, getting a personal loan is quick, easy, and hassle-free. Apply today and secure your financial future!