Shriram Finance Ltd.

Shriram Finance has executed a Master Agreement for co-lending of loans to Micro, Small and Medium Enterprises (MSMEs) Borrowers under the scheme of co-lending by way of back-to-back assignments of loans/ loan portfolios in tranches with Small Industries Development Bank of India (SIDBI) in accordance with Guidelines issued by the Reserve Bank of India in this regard. 

The risk sharing ratio of the loan shall be as per the Master Agreement. The Company shall also act as the Service Provider and the collections/monitoring will be managed by the company. SIDBI shall also pay certain service charges to Company based on a pre-agreed formula and subject to certain terms and conditions.

Shriram Finance (Formerly Shriram Transport Finance Company) is one of the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets.