Shriram Working Capital
Loans
Working Capital Loan Eligibility
Shriram Finance offers Working Capital Loan at attractive interest rates to individuals and companies who meet our age and income eligibility criteria.
Who can apply?
Transport business operators and commercial 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)
Work Stability
12 Months of work/business stability
Documents Required
With Shriram Finance, you can quickly get a Working Capital Loan by providing us with any one of the following documents from each category.
PAN Card or Form 60
PAN card or Form 60 if you do not hold a PAN
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.
Other Documents
Recent passport size photographs, Income Proof Documents, Trading/Profit and Loss Account for the last three years, Balance Sheet for the last three years, Bank Statement for the last six months, Post Dated Cheques and Electronic Clearing Mandates (ECS) Collateral Security pledge/Hypothecation/Mortgage.
FAQs
Is there a minimum and maximum age eligibility to apply for the loan?
The minimum and maximum age of eligibility are between 18 and 60 years.
Is PAN Card mandatory?
Yes, PAN Card is mandatory to avail of a Working Capital Loan from Shriram. However, you can submit Form 60 if you do not hold a PAN Card.
Is it mandatory to provide photo identity proof?
Yes, it is mandatory to provide your photo identity proof. You can give any of the following documents: Aadhaar Card, Passport, Driving License, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, Telephone Bill or Voter ID.
