New Delhi: Shriram City Union Finance Limited (Shriram City), India’s largest two-wheeler financier and part of Shriram Group, has launched Express Two-Wheeler Loan (E2L), an AI-enabled lending platform.
The company said the platform will allow instant loan approval of 100 per cent on-road price of two-wheelers.
Customers can avail a fully digital and paperless two wheeler loan facility round the clock in a matter of minutes, without visiting any branch and submitting physical documents.
Key Features of Shriram City Union Finance ‘Express Two Wheeler Loan’
An online platform that provides in-principle approval for loans to customers within minutes
Customers have to upload bank statements and provide basic information
BRE backed AI-based tool calculates eligibility and generates an in-principle acceptance letter/voucher
Customer can present the voucher number to the dealer
Dealer can review all relevant customer details on the handheld device
The customer is given maximum entitlement, allowing them to choose an expensive brand when needed
Here are the steps to get Shriram City Union Finance Loan in few simple steps:
Log in to Shriram City Union Finance, click on Two-Wheeler Loan – Apply Now or download the MyShriramCity App.
Step 1: Provide basic details
Step 2: Select Vehicle
Step 3: Provide financial details
Step 4: Upload Documents
Step 5: Receive an online voucher (key acceptance letter)
Step 6: Visit the dealer for delivery of your bike
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