Shriram City Union Finance Launches Express Loans For AI-Enabled Two-Wheelers: Here’s How To Apply | Personal finance news

New Delhi: Shriram City Union Finance Ltd. (Shriram City), India’s largest two-wheeler financier and member of the Shriram Group, has launched an AI-based lending platform – Express Two-wheeler Loans (E2L).

The platform will allow instant loan approval of up to 100% of the on-road price of the two-wheelers, the company said.

Customers can benefit from a fully digital, paperless, 24-hour motorcycle loan facility in just minutes, without going to a branch and without submitting physical documents.

Main Features of Shriram City Union Finance Express Two-Wheeler Loans

An online platform giving clients primary approval for a loan in just minutes

Customers will need to download bank statements and provide basic information

BRE supported AI-based tool calculates eligibility and generates primary sanction letter / voucher

Customers can present the voucher number to the dealer

Reseller can view all relevant customer information on the portable device

The customer enjoys maximum eligibility, allowing them to choose a more expensive brand if necessary

Here are the steps to benefit from the Shriram City Union Finance loan in a few simple steps:

Log in to Shriram City Union Finance, click Two Wheeler Loans – Apply Now or download the MyShriramCity app.

Step 1: Provide the basic details

Step 2: Select the vehicle

Step 3: Provide financial details

Step 4: upload documents

Step 5: Obtain an online voucher (main sanction letter)

Step 6: Go to the dealership for the delivery of your bike

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About Joan Ferguson

Joan Ferguson

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