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Tyre Finance Eligibility
Shriram Tyre Finance schemes are exclusive for customers with a transport business and related backgrounds. You can apply for tyre finance if you satisfy the following set of eligibility criteria
Who can apply?
All Vehicle Owners
Nature of Business
Registered businesses, salaried, professionals and self employed
Age
18 to 60*
(The applicant should not be older than 60 years at the end of the loan tenure)
Business Stability
12 Months of work/business stability
Documents Required
PAN Card or Form 60
PAN Card or Form 60; if you do not hold a PAN Card, you must submit Form 60
Photo Identity Proof
Aadhaar Card, Passport, Driving License or Voter ID 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, Telephone Bill or Voter ID
Income Proof Document
Last three month's bank statement or salary slips, Income Tax Returns (ITR), Audited company accounts of last financial year or cash flow statement
FAQs
Who can apply for a tyre loan?
People applying for a tyre loan must already be existing customers of Shriram.
How does tyre finance work?
A credit limit is fixed based on your fleet size and requirement, collateral, and business activity. The credit amount can be used for purchasing tyres and relevant parts.
Should I have a transport business to avail tyre finance?
Applicants with employment in the transport business or something similar is preferred and eligible to avail of tyre finance.
Easy & Quick Disbursals on Tyre Finance