Express is an AI-powered platform for availing 2-Wheeler Loans
The country’s largest two-wheeler financier – Shriram City Union Finance has launched an Artificial Intelligence (AI) enabled lending platform – Express Two-Wheeler Loan (E2L), allowing instant loan approval of up to 100 per cent on-road. gives. Two wheeler price. It is a completely digital and paperless two-wheeler loan facility for the customers, which will be available round the clock and will allow in-principal approval without the need to visit the branch for document submission.
Here is how you can apply for loan approval through the Express Two-Wheeler Loan (E2L) platform:
Login to Shriram City Union Finance
Click on Two Wheeler Loan – Option ‘Apply Now’
Or download the MyShriramCity app.
Step 1: Provide your basic details
Step 2: Select Vehicle
Step 3: Mention your financial details
Step 4: Upload your documents
Step 5: Receive an online voucher (in-principal acceptance letter)
Step 6: Visit the dealer for delivery of your bike
One of the defining features of Express Two-Wheeler Loan is the BRE-backed AI-based tool, which calculates eligibility and generates an in-principle approval letter or voucher. The customer can submit the voucher number to the dealer concerned. Customers are given maximum entitlement, which also allows them to choose an expensive brand when required.
“The platform will allow both existing and non-Shriram City customers to avail instant two wheeler loan through our app or website in a completely paperless and digital manner. Technology is the backbone of all innovation at Shriram Group, and we are constantly working towards providing a superior customer experience,” said Shri YS Chakraborty, MD & CEO, Shriram City Union Finance.
On Tuesday, September 7, the shares of Shriram City Union Finance closed 2.01 per cent higher at Rs 2,364.25 on the BSE. Shriram City Union Finance today opened at Rs 2,289.75 with an intraday high of Rs 2,408.70 and an intraday low of Rs 2,284.25 on the BSE during the entire trading session.
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