Shriram Finance FD Interest Rates 2024
Tenure | Normal Citizen FD Rate | Senior Citizen FD Rate |
---|---|---|
1 year - 1 year | 7.6% | 8.1% |
1 year 1 day - 1 year 3 months | 7.9% | 8.4% |
1 year 3 months 1 day - 1 year 6 months 1 day | 7.7% | 8.2% |
1 year 6 months 2 days - 2 years | 7.9% | 8.4% |
2 years 1 day - 2 years 6 months 1 day | 8.1% | 8.6% |
2 years 6 months 2 days - 3 years | 8.38% | 8.88% |
3 years 1 day - 3 years 6 months 1 day | 8.42% | 8.92% |
3 years 6 months 2 days - 4 years 11 months 30 days | 8.47% | 8.97% |
Note: All interest rates shown above are as on 3rd Jul 2024
About Shriram Finance FD
Shriram Finance Limited was incorporated in 1986 and has its headquarters in Chennai. In November 2022, Shriram Group’s entities – Shriram Capital Limited, Shriram City Union Finance Limited and Shriram Transport Finance Company Limited merged to form Shriram Finance Limited. Shriram Finance offers home loans, car loans, two-wheeler loans, credit solutions for commercial vehicles, gold loans, and personal and small business loans. As of December 2022, Shriram Finance has 2,901 branches across India. The total AUM as of December 2022 stood at INR 1.77 lac crores. Shriram Finance’s Fixed Deposits have an AA+ (Stable) Credit Rating.
7.6% - 8.47%
FD Rate
8.1% - 8.97%
FD Rate for Seniors
₹ 5000
Minimum Deposit
₹ 5 Crores
Maximum Deposit
-
Lock-in
-
FD Tenure
-
Loan against FD
AA+ (Stable)
CRISIL Rating
Shriram Finance FD Returns Based on Investment Amount
Investment Amount | For 3 years with interest of 8.38% | For 5 years with interest of 8.47% |
---|---|---|
₹ 50,000 | ₹64,235 | ₹76,251 |
₹ 1 lakh | ₹1,28,470 | ₹1,52,503 |
₹ 2 lakh | ₹2,56,940 | ₹3,05,005 |
₹ 5 lakh | ₹6,42,351 | ₹7,62,514 |
₹ 10 lakh | ₹12,84,701 | ₹15,25,027 |
Compare Shriram Finance Fixed Deposit Returns with Top Banks
Use FD calculator to change values and compare your returns from top banks.
vs
Jammu & Kashmir Bank FD
Maturity Amount | ₹ 1,07,870 | ₹ 1,06,697 |
Total Investment Amount | ₹ 1,00,000 | ₹ 1,00,000 |
Total Interest Gained | ₹7,870 | ₹ 6,697 |
Compare Shriram Finance Fixed Deposit Rates with Top Banks
Bank Name | FD Interest Rates |
---|---|
Jammu & Kashmir Bank FD | 6.5% - 7% |
Punjab National Bank FD | 7% - 7.5% |
ICICI HFC FD | 7.75% - 8% |
HDFC Ltd FD | 7.35% - 7.6% |
Vidharbha Konkan Gramin Bank FD | 7% - 7% |
Karnataka Gramin Bank FD | 6.85% - 7.35% |
ESF Bank FD | 8% - 8.5% |
Aryavart Bank FD | 6.5% - 7% |
Capital Small Finance Bank FD | 7.15% - 7.65% |
Utkarsh Small Finance Bank FD | 8.5% - 9.1% |