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Shriram Finance Limited’s revised interest rates are applicable on deposits up to Rs 10 crore for tenure options ranging from 12 months to 60 months.
Shriram Finance Limited FD Interest Rates.
Shriram Finance Limited (SFL) has announced a revision in interest rates on fixed deposits (FDs) across various maturity tenures, effective from May 2, 2025.
The revised interest rates are applicable on deposits up to Rs 10 crore for tenure options ranging from 12 months to 60 months. The highest annual interest rate is 8.4 per cent on 36-60 months deposit tenures, while the highest effective yield is 9.93 per cent for a 60-month deposit.
| Period (Months) | Non-Cumulative Deposit | Cumulative Deposit | |||||
|---|---|---|---|---|---|---|---|
| Monthly % p.a. | Quarterly % p.a. | Half Yearly % p.a. | Yearly % p.a. | Rate % (p.a. at Monthly rests) | Effective Yield % p.a. | Maturity Value for ₹5,000/- | |
| 12 | 7.39 | 7.44 | 7.51 | 7.65 | 7.39 | 7.65 | 5,382 |
| 15 (Digital Only) | 7.63 | 7.68 | 7.75 | 7.90 | 7.63 | 7.98 | 5,498 |
| 18 | 7.53 | 7.58 | 7.65 | 7.80 | 7.53 | 7.95 | 5,595 |
| 24 | 7.63 | 7.68 | 7.75 | 7.90 | 7.63 | 8.21 | 5,821 |
| 36 | 8.09 | 8.15 | 8.23 | 8.40 | 8.09 | 9.12 | 6,368 |
| 50 | 8.09 | 8.15 | 8.23 | 8.40 | 8.09 | 9.58 | 6,996 |
| 60 | 8.09 | 8.15 | 8.23 | 8.40 | 8.09 | 9.93 | 7,482 |
Note: Senior citizens (60+) get an additional 0.50% interest per annum. Women investors receive an extra 0.10%. SFL offers an additional 0.25% interest on all renewals.
“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 per cent interest per annum. SFL will offer an additional interest of 0.25 per cent per annum on all renewals,” Shriram Finance Limited said in a statement.
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, SFL said.