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EV/CNG Four wheeler Loan Electric Eligibility and Documents

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Nature of Business

Transport related businesses

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Age

18 to 70* (The applicant should not be older than 70 years at the end of the loan tenure)

Documents Required

With Shriram, you can quickly get a EV Vehicle Loan by providing us with any one of the following documents from each category

Photo Identity Proof – Address Proof

Aadhaar Card, Passport or Driving License along with the latest passport-size photographs

Address Proof Document

Aadhaar Card, Passport, Driving License, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill or Telephone Bill

Income Proof Document

Last three month's bank statement, Income Tax Returns (ITR), Audited company accounts of last financial year or cash flow statement.

Asset Related Documents (Pre-Sanction)

Pro Forma invoice and margin money receipt for a new asset, sale deed for used asset purchase, valuation report in case of the used asset or registration certificate for the used asset, or registration certificate with Hypothecation in favour of the company.

Asset Related Documents (Post-Disbursement)

Original invoice for the new asset with hypothecation in favour of the company, registration certificate and hypothecation in favour of the company or registration certificate with hypothecation in favour of the company.

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Low Processing Charges & Quick Loan Disbursals on EV/CNG four wheeler loan.