How to Apply for a Shriram Finance Two‑Wheeler Loan Online: Features & Documents

How to Apply Online

Shriram Finance’s streamlined digital process lets you complete your bike loan application in just 5 minutes.
Visit the Shriram website, register with your mobile number, and fill in basic details about yourself and the bike. You’ll receive a showroom voucher that you can present when finalizing your purchase. A Shriram representative will assist by verifying documents and completing the loan formalities at the showroom.

Features & Benefits

Shriram offers several compelling advantages:

Up to 100% on-road financing, covering the entire cost of the bike

Quick loan disbursal, often within 24 hours of approval

Minimal documentation, only basic KYC and bank statements for income

Interest rates from ~11.5% p.a. tailored to your profile

Eligibility & Documents

To qualify, you must generally be aged 21–59 years, salaried or self-employed, and earn at least ₹12,000 per month:

Identity proof (Aadhaar, PAN, etc.)

Address proof (utility bill or Aadhaar)

Income proof (bank statements)

A cancelled cheque or ACH form

Vehicle invoice or quotation

What Lenders Look for in a Bike Loan Application

Loan-to-Value (LTV): Up to 100% financing shows low down-payment risk.

Income proof through bank statements: Regular credits reassure lenders.

Minimal documentation: Banking history and employer details add trust.

Credit score matters: Even with minimal docs, a decent credit score is preferred.