Shriram City Union Finance Two-Wheeler Loans

You can avail a two-wheeler loan from Shriram City Union Finance at an attractive interest rate. The loans are offered at attractive interest rates based on the applicant’s eligibility. The processing fee is nominal and the application process is hassle-free. 

Updated On - 05 Sep 2025

Shriram City Union Finance Two-Wheeler Loan Interest Rate

Category

Details 

Interest Rate 

Contact the bank

Age Criteria

21 years to 59 years

Maximum Loan Amount

Up to 100% financing on the on-road price

Minimum Loan Amount

Based on customer profile

Minimum Income Requirement

Contact the lender

Repayment Period

12 -36 months

Processing Fee

Up to 5%

Prepayment Charges

4% onwards

Free Credit score

How to Apply for Shriram City Union Finance Bike Loan?

shriram-city-union-finance-two-wheeler-loans

You can apply for a Shriram City Union Finance Bike loan online and the procedure is mentioned below:  

  1. Visit Shriram City Union Finance Two-Wheeler Loan Website . 
  2. Enter the mobile number and click on ‘Apply Now’. 
  3. Next, you will need to enter the relevant details so that a customer service representative can contact you to process the request. 

Shriram City Union Finance Two-Wheeler Loan EMI Calculator

Shriram City Union Finance offers an on-site bike loan EMI calculator which can be used by a user to calculate the EMI for the prospective loan amount chosen by them. On this two wheeler loan emi calculator, the user will be required to enter details of the loan such as the gross loan amount, the flat rate of interest, and the loan repayment tenure in terms of months.

Once all the details have been entered, one can just click on the 'Calculate EMI' button at the bottom and the portal will calculate and display the EMI amount as per the details provided by the user.

Shriram City Union Finance Two-Wheeler Loan Eligibility Criteria

The eligibility criteria that must be met to avail a two-wheeler loan from the NBFC are mentioned below: 

  1. The minimum age of the applicant should not be less than 21 years.
  2. The maximum age of the applicant should not be more than 59 years.
  3. Both salaried and self-employed applicants can apply for this loan.
  4. The applicant should have been residing in the same residential address for at least one year.
Free Credit score

Documentation for Shriram City Union Finance Two-Wheeler Loans

The following documents will have to be submitted by the applicant to complete the loan process. The requirement for documents is the same for both self-employed as well as salaried individuals.

  1. Valid ID proof (Any one of passport, driving license, Aadhar card, voter ID and PAN card).
  2. Address Proof (Any one of passport , gas bill with gas book. ration card and driving license).
  3. Duly filled application form with recent passport size photos.
  4. Proof of income.
  5. Post Dated Cheques (PDC) and electronic clearing mandates.
  6. Bank statements for the last 6 months.
  7. Duly endorsed two-wheeler Registration Certificate on receipt.
  8. Any other document as per the requirement of Shriram City Union Finance.

Other relevant documents may be asked for depending on the type of your employment and income source. Do enquire with Shriram Finance for a comprehensive list of documents required before proceeding with the loan process.

Features and Benefits of Shriram City Union Finance Two-Wheeler Loan

The features and benefits of the Shriram City Union Finance Two-Wheeler Loan can be summed up as follows:

  1. This loan can be availed for the purchase of new two-wheelers.
  2. The repayment can be done through Equated Monthly Instalments (EMIs).
  3. Minimal documentation requirements and hassle-free loan procedure.
  4. Shriram finance also offers attractive and affordable interest rates for two-wheeler loan products.
  5. You can avail up to 100% financing on the value of the two-wheeler vehicle.
  6. Easy application process.
  7. The loan amount is disbursed quickly once the application for loan is approved.
  8. You can easily access all the transactions related to your loan online on the Shriram City Union customer portal.

FAQs on Shriram City Union Finance Two-Wheeler Loans

  • What is the interest rate for Shriram City Union Finance two-wheeler loans?

    The interest rates are based on the profile of the applicant and are decided by the NBFC itself. The interest rate will be applicable on the basis of the scheme that is chosen by the applicant.

  • Where can I find the draft agreement for Shriram City Union Finance two-wheeler loans?

    You can directly download the draft agreement for the Shriram City Union Finance two-wheeler loans through the official website of the NBFC.

  • In what languages can I download the draft agreement for Shriram City Union Finance two-wheeler loans?

    The draft agreement of the Shriram City Union Finance two-wheeler loans is available in 9 different languages. Users can choose to download from the list of the following languages: Tamil, English, Hindi, Telugu, Oriya, Bengali, Kannada, Malayalam, and Marathi.

  • Can I apply for a Shriram City Union two-wheeler loan offline?

    Yes, you can visit the nearest Shriram City Union branch along with all the necessary documents and apply for a two-wheeler loan offline.

  • Can I foreclose my Two-Wheeler loan?

    Yes, you can foreclose your two-wheeler loan but only after you have paid 6 EMIs.

  • Can I avail a two-wheeler loan even if my credit score is low?

    You can apply for a two-wheeler loan even if your credit score is low. The approval of the loan is subject to assessment and branch credit approval. However, it is important you maintain a healthy credit score before applying for a two-wheeler loan to ensure the application process is smooth and fast.

  • Is it possible to apply for a two-wheeler loan with Shriram City Union Finance online?

    Yes, you can apply for a two-wheeler loan with Shriram City Union Finance online. 

  • What is the repayment tenure of the two-wheeler loan offered by Shriram City Union Finance?

    The repayment tenure of the two-wheeler loan offered by Shriram City Union Finance ranges between 12 months and 36 months, 

  • What is the rate of the interest of the two-wheeler loan offered by Shriram City Union Finance?

    The rate of the interest of the two-wheeler loan offered by Shriram City Union Finance starts from 11.50% p.a. 

  • Is it possible to check the details of the two-wheeler loan that I have availed from Shriram City Union Finance?

    Yes, you contact the lender’s customer care number to check the details of the two-wheeler loan. 

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