Our products

Auto Loans

Our Company 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. We principally target the financing of new passenger and commercial vehicles. Our Company 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*

* Fulfilling the above criteria does not amount loan eligibility. All loans are subject to Approval by Shriram City Union Limited after sighting of original documents, successful verification and appraisal processes.

  • 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
  • A valid Identity Proof will be any one of the following
  • Passport
  • Driving License
  • Voter ID Card
  • Aadhar Card
  • PAN Card
  • Valid Address Proof
  • A valid address Proof will be any one of the following
  • Passport
  • Driving License
  • NREGA 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
  • Draft Agreement
Language Draft Agreement
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