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Shriram Finance Fixed Deposit Rates

Home Fixed Deposit Shriram Finance Fixed Deposit Rates

Shriram Finance offers FD interest rates of 7.53-8.09% p.a. to senior citizens and 8.03-8.59% p.a. to other depositors on tenures ranging from 1 year to 5 years. This NBFC has been accredited with a credit rating of AA+/Stable by ICRA and IND AA+/Stable by India Ratings and Research. As per the ICRA, AA rating indicates high-credit-quality with low credit risk for the depositor. As per India Ratings & Research, AA indicates high degree of safety regarding timely servicing of financial obligations by the NBFC.

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Updated: 09-06-2025 07:34:36 AM

Shriram Finance FD Interest Rates (p.a.) Highlights
Highest slab rate 8.09% (for 3 years; 50 months – Jubilee; 5 years)
For 1 year 7.39%
For 2 years 7.63%
For 3 years 8.09%
For 4 years –
For 5 years 8.09%

The interest rates are updated as of 7 May 2025

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Shriram Finance FD

FD Interest Rates on Retail deposits (cumulative) w.e.f. 2 May 2025

Tenure Interest Rates (% p.a. at monthly rests)
Regular Citizens Senior Citizens
12 months 7.39 7.89
15 months (digital only) 7.63 8.13
18 months 7.53 8.03
24 months 7.63 8.13
36 months 8.09 8.59
50 months (Jubilee) 8.09 8.59
60 months 8.09 8.59

Notes: 1. Additional interest rate of 0.25% on renewals of matured deposits

2. Shriram Finance offers an additional 0.10% interest rate over and above regular FD rates to women FD depositors

Also Check: Shriram Finance FD Calculator

Fixed Deposit Interest Rates on Retail deposits (non-cumulative) w.e.f. 2 May 2025

Tenure  Interest Rates (% p.a.)
Monthly Quarterly Half Yearly Yearly
12 months 7.39 7.44 7.51 7.65
15 months 7.63 7.68 7.75 7.90
18 months 7.53 7.58 7.65 7.80
24 months 7.63 7.68 7.75 7.90
36 months 8.09 8.15 8.23 8.40
50 months (Jubilee) 8.09 8.15 8.23 8.40
60 months 8.09 8.15 8.23 8.40

Notes: 1. Additional interest rate of 0.25% on renewals of matured deposits

2. Additional 0.10% interest rate is offered to women FD depositors

Types of Shriram Finance Fixed Deposits

  • Cumulative Fixed Deposits
    • Minimum deposit amount: Rs 5,000
    • The interest earned is compounded monthly along with the principal for the invested tenure
  • Non-Cumulative Fixed Deposits
    • Minimum deposit amount: Rs 5,000
    • The interest is payable in monthly, quarterly, half-yearly, or annual installments
    • The interest for non-cumulative deposits will be paid as per below:
      • Monthly Pay-out – Last day of every month
      • Quarterly Pay-out – Last day of March/June/September/December
      • Half Yearly Pay-out – Last day of March/September
      • Yearly Pay-out – Last day of March
      • The first interest is paid on the last day of the following month on which fixed deposit is processed

Shriram Finance FD Schemes

Regular FD

  • Minimum deposit amount: Rs 5,000
  • Tenure: 1 year to 5 years

Digital Only FD

  • Minimum deposit amount: Rs 5,000
  • Tenure: 15 months

Jubilee FD

  • Minimum deposit amount: Rs 5,000
  • Tenure: 50 months

Features of Fixed Deposits

  • Tenure: 1 year to 5 years
  • Additional 0.50% interest rate is offered to senior citizen FD depositors
  • Additional 0.10% interest rate is offered to women FD depositors
  • Additional interest rate of 0.25% on renewals of matured deposits is offered to depositors
  • The interest amount is directly credited to the depositor’s bank account through the NEFT only
  • Nomination facility is available
  • Auto-renewal facility is also available and depositors can opt for any one of the following options:
    • Renew principal only on maturity
    • Renew both principal and interest on maturity
  • The NBFC also offers an Auto refund facility wherein the maturity amount will be credited to the account on the maturity date.

Premature Withdrawal of Fixed Deposits

  • Premature withdrawal of fixed deposits is not allowed for up to 3 months (lock-in period) from the date of the deposit/renewal, except in case of the death of the depositor
  • No interest will be paid if FD has withdrawn after 3 months but before 6 months
  • In case FD is withdrawn after 6 months but before the date of maturity, interest will be paid at 2% lower than the actual interest rate applicable to FD for the tenure for which the deposit has run
  • In case no interest rate is specified for that period, then interest will be paid at 3% lower than the minimum rate at which FD was accepted by the company

 

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