Shriram Finance is offering an excellent opportunity for those looking to secure their savings with high fixed deposit (FD) interest rates. With special benefits for senior citizens and women depositors, Shriram Finance FDs are becoming a go-to option for millions.
If you’re considering making an investment, now is the perfect time to lock in these rates before they change. The additional interest benefits for senior citizens and women make these deposits even more attractive.
Key Benefits of Shriram Finance Fixed Deposits
- Attractive Interest Rates: Shriram Finance offers some of the most competitive rates in the market, especially for long-term investments. These rates ensure that your investment grows steadily over time, providing you with high returns.
- Additional Benefits for Women and Senior Citizens: Women depositors can earn an additional 0.10%* per annum on their FD interest rates, making it an even better investment option for them. Senior citizens enjoy a substantial 0.50%* per annum increase on their interest rates, ensuring higher returns for their investments.
- Trusted Institution: Shriram Finance is trusted by millions across India, with high credit ratings to back its reliability. The firm has earned “[ICRA]AA+ (Stable)” by ICRA and “IND AA+/Stable” by India Ratings and Research, providing peace of mind to investors.
- Market-Proof Returns: Unlike equity or mutual fund investments, Shriram Finance fixed deposits are immune to market fluctuations, ensuring that you get consistent and high returns, no matter the economic scenario.
Current Interest Rates
Here’s a detailed breakdown of the interest rates offered by Shriram Finance for general citizens and senior citizens:
| Period | General Citizen | Senior Citizen |
|---|---|---|
| 50 months (Jubilee Deposit) | 8.80% | 9.34% |
| 60 months | 8.80% | 9.34% |
| 42 months | 8.75% | 9.29% |
| 36 months | 8.70% | 9.25% |
| 30 months | 8.35% | 8.89% |
| 24 months | 8.15% | 8.69% |
| 18 months | 8.00% | 8.54% |
| 15 months | 8.15% | 8.69% |
| 12 months | 7.85% | 8.39% |
These interest rates are significantly higher than most other financial institutions, making Shriram Finance FDs a solid choice for those seeking safe and high returns on their investments.
Why Choose Shriram Finance?
- Trust and Reliability: Shriram Finance is known for its credibility and has earned the trust of millions of investors across India. The high credit ratings from both ICRA and India Ratings & Research assure investors of the firm’s financial strength and stability.
- Tailored for Senior Citizens: Senior citizens benefit immensely with an additional 0.50%* per annum on their FD rates. This feature ensures that retirees or elderly individuals have a reliable source of income through higher interest returns.
- Women-Specific Benefits: Women depositors also get a unique advantage with an extra 0.10%* per annum, making it a great option for women looking for safe and rewarding investment opportunities.
- Higher, Guaranteed Returns: With guaranteed returns that are unaffected by market fluctuations, Shriram Finance FDs provide a safe haven for your savings while still offering high returns.
For those seeking a low-risk, high-return investment option, Shriram Finance’s fixed deposit schemes provide a perfect solution. By locking in these rates now, especially for women and senior citizens, investors can secure their financial future with excellent returns.
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