Shriram Two Wheeler Loan in Kannod
Two Wheeler Loan Interest Rates and Charges in Kannod
Shriram Two-wheeler Loan helps you buy your dream bike in Kannod with easy Equated Monthly Instalments (EMIs).
Our interest rates start at just 10%* p.a., helping you save money on the total cost of the loan over your chosen tenure. At Shriram Finance, we believe in keeping our rates and charges transparent to help customers in Kannod make smart borrowing decisions.
Learn more about our two-wheeler interest rates from the table below and start your journey towards thoughtful bike ownership in Kannod.
Shriram Finance Two-Wheeler Loan Eligibility in Kannod
When applying for a two-wheeler loan with Shriram Finance in Kannod, you may have to meet stipulated eligibility requirements. The eligibility criteria of Shriram Finance accommodate a wide range of customers in Kannod. Our application process is simple and straightforward with minimal paperwork. The following sections (eligibility criteria and documentation requirements) help you check if you meet the necessary criteria to qualify for a Shriram Two-wheeler loan in Kannod.
To ensure responsible borrowing, please read the following two-wheeler loan eligibility requirements carefully if you are applying from Kannod.
- 21 to 59 years
- Salaried or Self-Employed
- Salaried Professionals: Work experience letter from the current company of at least one year
- Self-Employed Professionals: Should have an active business and show a record of running the business for 2 years successfully
- Co-applicant or guarantor with a stable income and good credit score
- Applicant must be living for at least one year at the current address
Documents Required for Two Wheeler Loan in Kannod
List of documents required for loan initiation in Kannod. Kindly furnish any one of the following document(s) listed below.
- Passport
- Driving Licence
- Voter ID Card
- Passport
- Driving Licence
- Gas bill with Gas book
- Bank statements of the last six months
- One cancelled cheque
- ACH form for electronic clearing mandate
- Recent passport-size photographs
- Duly endorsed vehicle registration certificate on receipt
Branches Nearby Kannod Offering Two Wheeler Loan
- Guna
- 2nd Floor, Prem Hight
AB Road
Guna - 473001 - Near Sanghi Brother
- Open until 05:00 PM
- Call Now More Details Directions
- Mangal Nagar
- Shriram House, 1st Floor, Plot No 14, Scheme No 59
Mangal Nagar
Indore - 452012 - Opposite Choithram Mandi
- Open until 05:00 PM
- Call Now More Details Directions
- Depalpur
- Ground Floor, Yashwant Plaza, Main Road
Depalpur
Indore - 453115 - Infront Of Police Station
- Open until 05:00 PM
- Call Now More Details Directions
- Harda I
- Shop No 7, 1st Floor, Narmada Complex
Indore Road
Harda - 461331 - Open until 05:00 PM
- Call Now More Details Directions
- Dhar
- No 33, Silver Hill
Indore Ahmedabad Road
Indore - 452001 - Open until 05:30 PM
- Call Now More Details Directions
- Indore
- No 10 & 201, Apollo Trade Centre, Geeta Bhawan Chouraha
Sukhliya
Indore - 452001 - Open until 05:30 PM
- Call Now More Details Directions
- Harda
- Ground Floor, Shaheed Deep Singh Ward
Indore Road
Harda - 461331 - Open until 05:00 PM
- Call Now More Details Directions
- Indore 4
- No 78 & 804, 8th Floor, Corporate Park
AB Road
Indore - 452010 - Open until 05:00 PM
- Call Now More Details Directions
Business Hours
- Monday: 09:00 AM - 05:00 PM
- Tuesday: 09:00 AM - 05:00 PM
- Wednesday: 09:00 AM - 05:00 PM
- Thursday: 09:00 AM - 05:00 PM
- Friday: 09:00 AM - 05:00 PM
- Saturday: 09:00 AM - 01:30 PM
Payment Methods
- Cash Payment
- Net Banking
- Debit Card
- UPI
- QR Code Payment
- RTGS and NEFT Transfer
- Cheque Payment
FAQs
To be eligible for a two-wheeler loan at the Shriram Finance Kannod, you must be an Indian resident aged 18 years or above with a stable source of income. Both salaried and self-employed individuals can apply. Eligibility also depends on your income, repayment capacity, and credit profile.
You’ll need to submit basic KYC documents such as Aadhaar Card (mandatory), PAN Card (mandatory), along with any valid Address Proof (Aadhaar, Utility Bill, Driving Licence, Passport, or Voter ID). Income Proof (salary slip, bank statement, or ITR) may be required based on the loan amount. A recent passport-size photograph is also required.
The two-wheeler loan interest rate at Shriram Finance Kannod generally starts from 10%* p.a. The exact rate depends on your income, credit history, loan amount, and vehicle type. For the latest rates, please contact the Kannod branch or visit the Shriram Finance website.
Yes, you can check your two-wheeler loan eligibility online on the Shriram Finance website or app. You can also connect with our Kannod team for personalised assistance before applying.
The approval process at the Shriram Finance Kannod is quick and smooth. Once your documents are verified, your loan is typically approved and processed within 24–48 hours.
Yes, a nominal processing fee is applicable for two-wheeler loans at the Shriram Finance Kannod. The fee varies based on the loan amount and scheme chosen and is shared clearly during the application process.
In most cases, a down payment is required based on the on-road price of the vehicle and the loan amount requested. The Shriram Finance Kannod team will guide you on the minimum down payment needed.
The loan amount depends on the vehicle’s on-road price and your income. Shriram Finance Kannod typically offers up to a major portion of the vehicle cost, depending on your eligibility and credit evaluation.
Yes, you can pre-close your two-wheeler loan by visiting the Shriram Finance Kannod. Pre-closure charges, if any, will be communicated as per your loan agreement.
Shriram Finance Kannod offers flexible repayment tenures ranging from 6 to 36 months. You can choose the tenure based on your monthly budget and convenience.
Yes, even if you do not have an existing credit history, you can still apply for a two-wheeler loan at Shriram Finance Kannod. Your eligibility will be assessed based on income stability and other factors.
Yes, Shriram Finance allows you to apply online through the website or the Shriram One app. You can also complete the process offline at the Kannod based on your convenience.
The EMI is calculated based on the loan amount, interest rate, and tenure. You can use the EMI calculator on the Shriram Finance website or get assistance from the Kannod team.
Missing an EMI may lead to late payment charges and may affect your future loan eligibility. It’s best to contact the Shriram Finance Kannod team to manage repayment options if needed.
Yes, valid two-wheeler insurance is mandatory. If you don’t have one, the Shriram Finance Kannod team can guide you in arranging it.
You can contact the Shriram Finance Kannod by visiting Ward No 11, Ground Floor, Nemawar Road Kannod Dewas-455332. Alternatively, call our 18004107711 or raise a service request via the official website or Shriram One app.