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Sundaram Finance Fixed Deposit Interest Rates

Home Fixed Deposit Sundaram Finance FD Rates

Sundaram Finance offers FD interest rates of 7.20-7.50% p.a. to the general public and 7.70-8.00% p.a. to senior citizens on tenures ranging from 1 year to 3 years. This NBFC has been accredited with a credit rating of AAA/Stable by CRISIL and AAA/Stable by ICRA. As per the CRISIL, AAA indicates very strong chances of timely interest and principal repayment by the NBFC. As per ICRA, AAA indicates highest-credit-quality and carries lowest credit risk for the depositors.

Updated: 12-09-2025 11:07:42 AM

Sundaram Finance FD Interest Rates (p.a.) Highlights
Highest slab rate 7.50% (for 2 years; 3 years)
For 1 year 7.20%
For 2 years 7.50%
For 3 years 7.50%

The interest rates are as of 12 September 2025

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Credit Rating of Sundaram Finance

Credit Rating Agency Rating Outlook
CRISIL AAA Stable
ICRA AAA Stable

Sundaram Finance FD Rates

Fixed Deposit Rates on Domestic deposits w.e.f. 1 May 2025

1. Non-Cumulative Option
Tenure Interest Rates (% p.a.)
Regular Citizens Senior Citizens
Monthly Quarterly Yearly Monthly Quarterly Yearly
12 months 6.97 7.01 7.20 7.44 7.49 7.70
24 months 7.25 7.25 7.50 7.72 7.77 8.00
36 months 7.25 7.25 7.50 7.72 7.77 8.00
2. Cumulative Option
Tenure Interest Rates (% p.a.)
Regular Citizens (at annual rests) Senior Citizens (at annual rests)
12 months 7.20 7.70
24 months 7.50 8.00
36 months 7.50 8.00

Types of Sundaram Finance FD Schemes

  • Fixed Deposits (Regular Income Scheme)

    • Depositors have an option to either opt for a monthly or quarterly interest payout option
    • Minimum deposit amount: Rs 10,000

  • Cumulative Deposits

    • The principal and the interest amount is paid at the time of maturity
    • Minimum deposit amount: Rs 10,000

  • NRI Deposits

    • The deposits will be accepted only through payments made from NRO account in India.
    • The deposits transferred from NRE or FCNR(B) accounts will not be accepted
    • NRI deposits are accepted on a non-repatriable basis
    • Loan against facility is not available

Features of Sundaram Finance FD Schemes

  • Methods of Interest Credit:
  • Interest payment through RBI Electronic Clearing Service
  • NEFT
  • Interest payment by way of ‘at par’ cheques
  • Loan against Fixed Deposits
    • Loan facility is available against 75% of the deposit amount.
    • The depositor need to pay interest at 2% above the contracted rate (compounded at the same rate as of the TDR) payable on such deposits.
    • Cheque/DD for loans will be drawn only in favour of the first depositor
    • Maturity payment will be made on maturity, after adjustment of loan principal and loan interest, if renewal instructions for the balance amount (minimum Rs. 10,000) are not received within 1 week in advance of the maturity
  • Maturity Options: The depositor can opt for:
    • Payment of maturity amount
    • Renewal of maturity amount
    • Renewal for multiples of Rs 1,000 (minimum deposit balance Rs. 10,000/- in the deposit account)
  • Nomination facility is available
  • Additional 0.50% p.a. interest rates are offered to senior citizen FD depositors

Premature Withdrawal of Fixed Deposits

PMP before the expiry of 3 months No Payment **
PMP after 3 months but before 6 months No Interest *
PMP after 6 months but before 12 months 3% lower than the 1-year rate at the time of deposit
PMP after 12 months but before 24 months 2% lower than the 1-year rate at the time of deposit
PMP after 24 months but before 36 months 2% lower than the 2 year rate at the time of deposit

** Premature payment can be made without interest in the case of the death of a depositor
* The above rates are also applicable for Prematurity payment (PMP) in the case of the death of the depositor.

Note: The NBFC reserves the right to withdraw premature FD closure facility for its deposits, as per its discretion.

Useful Article: All you need to know Premature withdrawal of fixed deposit

Sundaram Finance FD Calculator

Sundaram Finance has not provided an FD calculator on its website. Hence depositors planning to open an FD with the bank can visit online financial marketplaces like Paisabazaar and use the FD Calculator to calculate the maturity amount based on the tenure, deposit amount and Sundaram Finance FD rates.

Calculate Now

FAQs

Q. What is the highest fixed deposit rate provided by Sundaram Finance?

A. The highest FD rate for Sundaram Finance is 7.25% for 2 years and 3 years. Senior citizens get an additional 0.50% interest rate on regular FD rates.

Q. What is the age to apply for Sundaram Finance fixed deposits as senior citizens?

A. To avail preferential Sundaram Finance FD rates for senior citizens, one must have completed 60 years of age at the time of application or renewal.

Q. What is the mode of interest payment opted by Sundaram Finance?

A. Interest can be credited to the investor’s account via NEFT, RBI Electronic Clearing Service or cheque.

Q. What is the difference between Form 15G and 15H?

A. Both these forms are self-declarations that investors can submit if their total income is not taxable (i.e. falls within Rs. 2.5 lakh). Form 15G or 15H shall help in avoidance of TDS so that one does not have to file ITR for their non-taxable income. While Form 15H is for senior citizens (above 60 years of age), 15G is to be filled by eligible non-senior citizens.

 

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