Disclaimer: Shriram Finance Limited is not a Paisabazaar partner and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to Shriram Finance Limited for personal loans. No offers/services from Shriram Finance Limited are being provided by Paisabazaar for personal loans. For further information about Shriram Finance Limited for personal loans, users are required to reach out directly to Shriram Finance Limited.
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Shriram Finance Marriage Loan Highlights |
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| Interest Rate | 11% p.a. onwards |
| Loan Amount | Rs 15 lakh |
| Tenure | Up to 5 years |
| Processing Fee | Minimum 1% of loan amount |
Note: Rates as of 7th November 2024
Shriram Finance Marriage Loan Interest Rates
Shriram Finance offers marriage loans at interest rates starting from 11% p.a. onwards, which is the same as that offered for Shriram Finance Personal Loan. The NBFC has not specified the interest rate differentiation based on the job profile, credit score, employer’s profile, monthly income, etc. However, most lenders consider these factors while setting their personal loan interest rates.
Shriram Finance Marriage Loan Eligibility Criteria
- Individuals applying for Shriram Finance Marriage Loan should be an Indian resident
- The age of the applicant should be 21 years at the time of loan application and 60 years at the time of loan maturity.
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Shriram Finance Marriage Loan Documents Required
Identity Proof-
- Passport
- Driving License
- PAN card
- Voter ID
Address Proof-
- Driving License
- Gas bill with gas book
- Passport
Other Documents-
- Recent passport size coloured photographs
- Bank statement for past 6 months
- Income Proof Documents for last 3 months
- One cancelled cheque and ACH form for Electronic Clearing Mandate (eNACH)
Apart from the above-mentioned documents, Shriram Finance may also require additional personal loan documents of the applicants based on their credit profile.
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Shriram Finance Marriage Loan Fees and Charges
| Loan Product | Interest rates (p.a.) |
| Processing fees | Minimum 1% of the loan amount |
| Foreclosure charges | Up to 4% on outstanding principal |