Shivani AUTO Consult

24/02/2016

24/02/2016

Shriram City Union Finance offers a variety of loans to finance the purchase of new and pre-owned passenger and commercial vehicles. This includes three wheelers, four wheelers, used and new cars. Shriram City Union Finance principally targets the financing of new passenger and commercial vehicles. Shriram City Union Finance’s executives are stationed at the showrooms of various passenger and commercial vehicle dealers. They are responsible for every stage of the loan, right from bringing in the customer, credit verification and loan origination to recovery of the loan.

03/02/2016

Shriram City Union Finance (Shriram City) was established in 1986, and is part of the three decade-old Shriram Group. As a deposit-accepting non-banking financial company (NBFC), Shriram City is today India's premier financial services company specializing in retail finance. The Consumer Finance business of the group had its origins from the needs of the Chit Funds customers and was started in year 2002 as a separate business unit, Shriram City Union Finance Ltd.

Shriram City has a comprehensive range of offerings comprising finance for Two Wheelers and Three Wheelers, Four Wheeler Finance (both new and pre-owned passenger and commercial vehicles), Personal Loans, Small Business Loans, and Loan against Gold. This has made Shriram City a dominant player in the field and the only NBFC to offer such a wide range of products under one roof.

With over 1000 Business Outlets across India, Shriram City is listed on the BSE, NSE, Madras Stock Exchanges and enjoys a high credit rating. Shriram City Union Finance leverages on the Shriram Group's ecosystem to reach out to prospective customers and Shriram City Union Finance's customer base over the years has significantly comprised of customers of other entities in the Shriram Group.

Shriram City Union Finance has a well defined Vision and Mission which are in keeping with the Vision, Mission, and core values of the Shriram Group.

03/02/2016

We are a part of the "SHRIRAM" conglomerate which has significant presence in financial services viz., commercial vehicle financing business, consumer finance, life and general insurance, stock broking, chit funds and distribution of financial products such as life and general insurance products and units of mutual funds. Apart from these financial services, the group is also present in non-financial services business such as property development, engineering projects and information technology.

Our Company was incorporated in the year 1979 and is registered as a Deposit taking NBFC with Reserve Bank of India under section 45IA of the Reserve Bank of India Act ,1934.

STFC decided to finance the much neglected Small Truck Owner. Shriram understood the power of 'Aspiration' much before marketing based on 'Aspiration' became fashionable. Shriram started lending to the Small Truck Owner to buy new trucks. But we found a mismatch between the Aspiration and Ability. The Truck Operator was honest but the Equity at his command was not sufficient to support the credit levels required to buy a new truck.

We did not have the heart to send the Truck Operator back empty handed; we decided to fund Pre-owned Trucks. This was the most momentous decision that we made. What followed was Sheer magic.

From Driver to Owner, even if only of a Pre-owned Truck and from Pre-owned Truck to the New Truck, we have been with him in his journey of Prosperity as he has been our partner in our road to success and leadership.

For us at Shriram, credit-worthiness of the Small Truck Owner has always been an article of faith. This faith has guided our journey from our pioneering days in financing Small Truck Owners to the present day leadership. Today we are not only the leader in Truck Finance; we are also India's largest Asset Based Non-Banking Finance Company.

The inability of the economists to capture data relating to the economic activity of the informal sector has resulted in its neglect at the policy-making levels in the government.

The distribution of Truck Ownership being scattered among a large number of individuals has resulted in this very important group being missed by the institutional radar.

It is estimated that 80% of trucks in the country are in the hands of individuals.

03/02/2016

valid Identity Proof - as per RBI normsA valid Identity Proof will be any one of the following
Passport
Driving Licence
Voter IDCard
Aadhar Card
PAN Card
Valid Address Proof - as per RBI norms
A valid address Proof will be any one of the following
Passport
Driving Licence
Ration Card
Gas Bill with Gas bookRecent
Passport size colour photographs
Income Proof Documents
Bank Statement for last 6 months
Post Dated Cheques and Electronic Clearing MandatesLegal Documents as stipulated by
Shriram City Union Finance LimitedDuly endorsed Vehicle Registration Certificate on receiptAny other document as advised by Shriram City Union Finance

03/02/2016

Shriram City Union Finance currently offers various options for financing the purchase of two wheeler vehicles across manufacturers and brands. A widespread presence in dealer showrooms, and with preferred finance tie-ups with all two wheeler brands in India have given Shriram City Union Finance a distinct edge in segment. Shriram City Union Finance executives man dealer showrooms with a dedicated team to clear proposals, making it the quickest and most efficient financing option a customer can ask for.