Shriram Finance Personal Loan 2025

March 25, 2026

Introduction

Imagine you suddenly need funds maybe for a medical emergency, a family wedding, or even to renovate your home. You do not want to dip into your savings or borrow from friends. In such moments, a personal loan can be a practical financial option.

Shriram Finance, one of India’s well-known financial service providers, offers personal loans that are positioned as easy to apply for, quick to process, and flexible to repay. Whether you are a salaried professional or self-employed, these loans are designed to help manage financial needs with less hassle.

Let us explore the key details, benefits, and process of applying for a Shriram Finance personal loan.

Features of Shriram Finance Personal Loan

Flexible loan amount to meet different personal needs
Repayment tenure ranging from 12 to 60 months
No collateral required
Fast approval and disbursal with minimal documentation
Interest rates based on credit profile and repayment history
Can be used for travel, education, medical needs, or home improvement

Shriram Finance Personal Loan Fees and Charges

Interest rate starting from around 11.5% per annum, depending on profile
Processing fee up to 2% of the loan amount
Prepayment charges of around 2% to 4% of the outstanding principal after a lock-in period
Late payment charges applicable on delayed EMIs as per policy
Loan tenure from 12 to 60 months
No collateral requirement
Loan amount based on income and eligibility criteria

Shriram Finance Personal Loan Eligibility Criteria

Applicants should generally be between 21 and 60 years old
Available for salaried and self-employed individuals with a stable source of income
Income should meet the lender’s minimum requirement
A credit score of 700 or above may improve approval chances
At least 1 year of work experience for salaried applicants and 2 years for self-employed applicants

Documents Required for Shriram Finance Personal Loan

Identity proof such as Aadhaar card, PAN card, or passport
Address proof such as Aadhaar, power bill, or rent agreement
Income proof such as salary slips and bank statements for salaried applicants
ITR or business proof for self-employed applicants
Recent passport-size photograph

How the EMI Calculation Works for Shriram Finance Personal Loans

Your EMI depends mainly on the loan amount, the applicable interest rate, and the chosen tenure.

Higher loan amounts increase the EMI
Higher interest rates increase the repayment burden
Longer tenure can reduce monthly EMI but increase total interest paid

You can use an online EMI calculator to estimate monthly repayment by entering the loan amount, interest rate, and tenure.

Compare Shriram Finance Personal Loan with Other Lenders

Shriram Finance: From 11.5%, tenure up to 60 months, processing fee up to 2%, loan amount based on profile
HDFC Bank: From 10.5%, tenure up to 72 months, processing fee up to 2.5%, loan amount from ₹50,000 to ₹40 lakh
ICICI Bank: From 10.8%, tenure up to 72 months, processing fee up to 2.5%, loan amount from ₹50,000 to ₹25 lakh
Bajaj Finserv: From 11%, tenure up to 84 months, processing fee up to 3%, loan amount from ₹20,000 to ₹40 lakh

How Can I Check the Status of My Shriram Finance Personal Loan?

Visit the Shriram Finance website and use the Track Application option
Call customer care with your application reference number
Visit the nearest Shriram Finance branch with your loan details

Shriram Finance Customer Support

Customer care number: 1800-103-6369
Email support: customerfirst@shriramfinance.in
Website: www.shriramfinance.in
Branch support available at the nearest Shriram Finance branch
Working hours: Monday to Saturday, 9:00 AM to 6:00 PM except public holidays

Conclusion

Shriram Finance personal loan can be a suitable option for borrowers looking for flexible tenure, minimal paperwork, and unsecured funding for different personal needs.

Before applying, compare the interest rate, check the EMI affordability, and review the eligibility criteria carefully so you can choose an option that fits your budget.

Used responsibly, a personal loan can support financial stability and help manage planned or urgent expenses more comfortably.