How Can I Check My Shriram Loan Status?

How can I check my bike loan status?

Through SMS: The number 97177 52222 is their self-service call number.

After giving a call to this number, it instantly gets disconnected.

You then immediately receive the details regarding your loan application status on the mobile number listed with the company..

How do I find my loan account number?

Your 10-digit loan account number is printed in two areas on your monthly statement. The first location is at the top center of the statement in the area marked Account Number. The second location is on the tear off payment coupon on the right side above the due date.

What is the bike loan interest rate?

Interest Rates on Two Wheeler LoanName of the ProviderRate of Interest applicable on Two wheeler loansSBISuper Bike LoanMCLR + 3.15% = 12.05% p.a.Two Wheeler LoanMCLR + 8.75% = 17.65% p.a.HDFCSuper Bike Two Wheeler LoanIRR- 9.65% to 15%Two Wheeler LoanIRR- 14.03% to 27.53%6 more rows•Sep 16, 2020

Which is better personal loan or bike loan?

Lower Interest rate: Another major benefit of availing a personal loan is that personal loans can have a lower interest rate than the two-wheeler loan. While the average rate of two-wheeler loans is 11-12%, the rate of interest for personal loans is usually around 10.5%.

What is the minimum period of STFC Rd?

12 monthsYou can open a recurring deposit with the Company for a minimum tenure of 12 months to maximum tenure of 60 months.

What does FAAA rating mean?

Description. FAAA (“F Triple A”) Highest Safety. This rating indicates that the degree of safety regarding timely payment of interest and principal is very strong. FAA (“F Double A”) High Safety. This rating indicates that the degree of safety regarding timely payment of interest and principal is strong.

Is Future Group FD is safe?

The new Companies Act, 2013 has to some extent made CFD’s much safer under the Companies (Acceptance of Deposits) Rules, 2013. … While the bank FDs are insured up to Rs 1 lakh ( including principal and interest), the company FDs are insured up to Rs 20,000.

What is the EMI for bike loan?

Mathematically, EMI can be calculated using the following formula:{P x R x (1+R)^N / [(1+R)^N-1]} where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.

How do I check my loan status?

A person can check the loan status by calling the customer care numbers for any financial queries including Personal loan. You can also directly go to the branch you apply at to meet the officer in charge to know the status of your personal loan application.

How can I complain to Shriram Finance?

If you have any queries or complaints regarding the personal loan availed from Shriram City Union Finance, you can call the number +91 2464 2733. You can also call the toll-free number given below: Shriram City Union Finance has a noteworthy customer care facility that aims to help out its customers constantly.

Is Shriram Transport Finance safe?

4) Shriram Transport FD has a highest credit rating of “FAAA/Stable” by CRISIL that indicates a high degree of safety. These are also rated as “MAA+/with stable outlook” by ICRA, which indicates the high credit quality of the investment. 5) You can open this FD online and renew it online.

Is it good to buy bike on EMI?

Advantages of Taking a Bike Loan on EMI A small portion of the loan can be paid in the form of initial down payment thus reducing the financial burden of the borrower. … You can use the bike loan calculator to calculate the rate of interest and conveniently choose EMIs you can afford every month.