Shriram Finance Ltd

SHRIRAM FINANCE LTD

Fixed Deposit Interest Rate Non- Cumulative – (w.e.f. 24th Oct 2023)
Period (months)
Monthly % p.a.
Quarterly % p.a.
Half Yearly % p.a.
Yearly % p.a.
12 Months
7.59%
7.63%
7.71%
7.85%
18 Months
7.73%
7.77%
7.85%
8.00%
24 Months
7.87%
7.92%
8.00%
8.15%
30 Months
8.05%
8.10%
8.18%
8.35%
36 Months
8.38%
8.43%
8.52%
8.70%
42 Months
8.42%
8.47%
8.56%
8.75%
50 Months
8.47%
8.52%
8.62%
8.80%
60 Months
8.47%
8.52%
8.62%
8.80%
Fixed Deposit Interest Rate Cumulative – (w.e.f. 24th Oct 2023)
Period (months)
Rate % (p.a. at monthly rate)
Effective yield% p.a.
Maturity value for Rs. 5000/-
12 Months
7.59%
7.85%
5,392
18 Months
7.73%
8.16%
5,612
24 Months
7.87%
8.49%
5,849
30 Months
8.05%
8.88%
6,110
36 Months
8.38%
9.49%
6,423
42 Months
8.42%
9.75%
6,706
50 Months
8.47%
10.10%
7,107
60 Months
8.47%
10.50%
7,625
1. Minimum Application Amount is Rs- 25,000
2. Who can Apply: Resident Individual, Corporates, Trust, HUF
3. 0.50% Extra for senior citizens and 0.25% on Renewal 
4. Additional Interest of 0.10% p.a. will be paid to women depositor 
5. Cheque to be drawn in favor of : ” SHRIRAM FINANCE LIMITED”