Shriram Two Wheeler Loan in Vikravandi
Two Wheeler Loan Interest Rates and Charges in Vikravandi
Shriram Two-wheeler Loan helps you buy your dream bike in Vikravandi 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 Vikravandi 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 Vikravandi.
Shriram Finance Two-Wheeler Loan Eligibility in Vikravandi
When applying for a two-wheeler loan with Shriram Finance in Vikravandi, you may have to meet stipulated eligibility requirements. The eligibility criteria of Shriram Finance accommodate a wide range of customers in Vikravandi. 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 Vikravandi.
To ensure responsible borrowing, please read the following two-wheeler loan eligibility requirements carefully if you are applying from Vikravandi.
- 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 Vikravandi
List of documents required for loan initiation in Vikravandi. 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 Vikravandi Offering Two Wheeler Loan
- Madagadipet
- No 14, 1st Floor, Madukarai Main Road
Madagadipet
Villupuram - 605107 - Opens at 09:00 AM
- Call Now More Details Directions
- Ulundrupet
- Bharani Complex, Vriddhachalam Main Road
Ulundurpet
Kallakurichi - 606107 - Opens at 09:00 AM
- 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 Vikravandi, 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 Vikravandi 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 Vikravandi 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 Vikravandi team for personalised assistance before applying.
The approval process at the Shriram Finance Vikravandi 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 Vikravandi. 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 Vikravandi 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 Vikravandi 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 Vikravandi. Pre-closure charges, if any, will be communicated as per your loan agreement.
Shriram Finance Vikravandi 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 Vikravandi. 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 Vikravandi 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 Vikravandi 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 Vikravandi team to manage repayment options if needed.
Yes, valid two-wheeler insurance is mandatory. If you don’t have one, the Shriram Finance Vikravandi team can guide you in arranging it.
You can contact the Shriram Finance Vikravandi by visiting No 21/11, 1st Floor Vikravandi Villupuram-605652. Alternatively, call our 18004107711 or raise a service request via the official website or Shriram One app.
