Shriram Finance revises FD interest rates effective May 2
Shriram Finance Limited (SFL), the flagship company of the Shriram Group, has announced a revision in interest rates on Fixed Deposits (FD)
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Mumbai, Apr 25: Shriram Finance Limited (SFL), the flagship company of the Shriram Group, has announced a revision in interest rates on Fixed Deposits (FD).
Additional benefits will continue for senior citizens aged 60 years or above at the time of deposit/renewal are eligible to earn an additional 0.50% interest per annum, while women investors can avail an extra 0.10% interest per annum. SFL will offer an additional interest of 0.25% per annum on all renewals. The Fixed Deposits are rated "[ICRA]AA+ (Stable)" by ICRA and "IND AA+/Stable" by India Ratings and Research. Deposits will be accepted in multiples of Rs. 1,000/-, subject to a minimum amount of Rs. 5,000/-.