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Personal Loan
Personal Loans from Shriram Finance can help you meet your financial goals. Whether you are planning a vacation, home renovation, medical emergency or wedding expenses, we provide personal loans up to ₹10 lakhs. Key features include minimal documentation, flexible repayment options and competitive interest rates.
Types of Personal Loan
Personal loans are unsecured loans that can be used for various purposes, such as medical expenses, home renovations, and travel.
- Wedding Loan
- Travel Loan
- Home Renovation Loan
- Personal Loan for Students
- Medical Emergency Loan
- Consumer Durable Loan
- Personal Loan for Women
- Festival loan
- Personal loan for your child(s) future
Personal loan Features & Benefits
Collateral-free Loans
Get loans without collateral security up to ₹10,00,000/-
Quick Disbursals
Pre-approved personal loans are processed and credited within 72 hours
Flexible Repayments
Flexible repayment tenures ranging from 12 to 60 months based on the required loan amount
Competitive Interest Rates
Customised interest rates starting from 11%* p.a. on your personal loan
Seamless experience
Enjoy a fully digital, completely paperless borrowing Experience that is fast and simple.
Regular Reminders
Receive periodic alerts on your registered mobile and email ID about your EMI so that you never miss out on payments.
Personal Loan EMI Calculator Online
Calculate your Loan EMI in 3 easy steps.
Use the slider to set your loan amount, interest rate and tenure to understand your loan summary
Personal Loan Calculator Summary
Loan
How To Apply For a Personal Loan ?
Apply for Shriram Personal Loan in 3 easy steps – it’s easy, seamless and quick.
Step 01
Verify personal detailsStep 02
Choose your loan amount and tenure; confirm your bank detailsStep 03
Receive the loan amount in your bank account
Personal Loan Eligibility
To ensure faster processing and hassle-free loan processing experience - check your Personal Loan eligibility criteria below
Who can Apply?
Resident Indians above 21 years of age
Age
21 to 60 years
The applicant should not be older than 60 years at the end of the loan tenure
Personal Loan Interest Rates and Charges
For interest rate and applicable Fees/charges, please refer our interest rate policy : Interest Rate Policy
FAQs
Can I take several personal loans at the same time?
An individual cannot take more than one personal loan at the same time from the same lender. You can apply for another loan from a different lender, but applying for multiple unsecured loans from different lenders is not advisable.
How can I repay my personal loan?
You can opt for a personal loan EMI, where a certain amount is automatically debited every month from your bank account. There are other repayment options available, such as foreclosing.
Is a personal loan available for holiday or travel purposes?
Yes. A personal loan can be availed of to cover the expenses required for travel or vacation. A personal loan can be used for various purposes, which also include travel or trip expenses.
How much loan can I borrow?
You can get a maximum loan amount up to ₹10,00,000.
What is the process to get a Shriram Personal Loan?
Apply online for a Personal Loan with Shriram Finance. We have simplified the Personal Loan application process.
You can make an online Personal Loan application in just a few clicks. Get pre-approved loans instantly.
Articles
Deciding between a credit card or a personal loan can be tricky. Both offer access to funds that can be used for major purchases or emergencies but work differently. Understanding the key differences between credit cards and personal loans can help you choose the better borrowing option for your specific financial needs.
A personal loan is often necessary to meet big expenses like buying a car, home renovation, paying for higher education, wedding expenses, medical emergencies, etc. While getting a personal loan is easier nowadays, your eligibility and interest rate depend greatly on your income stability and credit score. This is where having a salary account can help you get a personal loan more easily and on better terms.
This blog will discuss the benefits of having a salary account when applying for a personal loan.
Many people take personal loans to cover unexpected expenses or big purchases. When you first apply, you choose how much money you want to borrow. But sometimes, you might need more money later on. Luckily, you can ask the financial institution to increase your loan amount after you've already received the money. This is called a top-up loan.
In this article, we’ll see how you can increase your personal loan amount or take a top-up loan whenever necessary.
In today's fast-paced world, financial needs can arise unexpectedly, making instant access to funds essential. Personal loans with instant approval offer a quick solution for urgent expenses, such as medical bills, home repairs, or consolidating debt. This guide will outline five easy steps to help you secure instant approval on a personal loan.
Step-by-Step Guide to Getting Instant Personal Loan Approval
Here are some of the tips to get instant approval for a personal loan:
Low Processing Charges & Quick Loan Disbursals on Personal Loan
