Shriram Car Finance 2025

1. Flexibility of the loan: Along with loan buyback option, Shriram Finance offers standard loan facility or credit for easy loan repayment.

1. Add-ons: Shriram Finance offers multiple add-ons, such as extended warranty, credit shield, motor insurance and accessories.

1. Long tenure: To ensure easy repayment facility, Shriram Finance offers long tenure period of five years.

1. Claim management effectively: Optimal service is provided by the dealer of Shriram cars and Shriram finance. On loan disbursement, insurance policy is issued, and claim is managed efficiently.

1.  Deals with Shriram cars exclusively: Shriram cars marketed across India and Shriram Finance exclusively deals in providing finance for these cars and provides special benefits to the potential customers.

Eligibility Criteria for Shriram Car Loan in 2025

The eligibility criteria you will have to fulfil in order to be eligible for a car loan from the company are given below:

1. The minimum age of the applicant must be 21 years old with the maximum age being 59 years old.
2. The applicant must either be a salaried individual or a self-employed person.
3. Minimum work experience, a salaried individual must hold is 1 year and 2 years if the co-applicant is a self-employed individual.

List of Documents Required for Shriram Car Finance

The documents you will have to submit while applying for a car loan from Shriram City Union Finance are given below:

1. Proof of identity such as Aadhaar Card, Passport, PAN Card, etc.
2. Proof of address such as Passport, Driving Licence, etc.
3. Bank Statement for last 6 months.
4. Proof of income documents.
5. Duly endorsed Vehicle Registration Certificate on receipt for new vehicles.
6. Duly endorsed Vehicle Registration Certificate before sanction for used vehicles.
7. Post Dated Cheques.
8. Any other document required by Shriram City Union Finance.
9. Passport size photographs of the applicant.

Shriram Car Loan EMI Calculator – Estimate Monthly Payments

Here are steps to calculate EMI for car loan from Shriram Car Finance:

1. Visit the Official website of Shriram Car Finance to use online EMI calculator

1.  Enter the required details, such as age, tenure, loan value, etc.

1. Enter the loan amount

The EMI calculator will provide a ballpark EMI amount. The quantum of the loan and the interest charged depends on the credit score and the tenure of the loan selected.

Shriram Car Loan Fees, Charges & Processing Cost Details

The relevant fees and charges will be levied by the company based on the car loan scheme chosen by the applicant and will depend on factors such as the loan amount, repayment tenure, credit score, etc.

Shriram Car Loan Repayment Options

The following are the repayment options offered by Shriram Finance for car loan:

1. Post-dated cheques

1. Electronic clearing mandates (ECS)

1. Net banking

1. EMI (Equated Monthly Installment)

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