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| INTEREST RATES-ON FRESH DEPOSITS/RENEWALS [Investment through online mode - Shriram City Website] (w.e.f. 1st April, 2021) | |||||||
|---|---|---|---|---|---|---|---|
| Retail Deposit <= 5 crore | |||||||
| Non-Cumulative Deposit | Cumulative Deposit | ||||||
| Period (months) | 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 ₹ 5000/- |
| 12 | 7.01 | 7.06 | 7.12 | 7.25 | 7.01 | 7.25 | 5,360 |
| 15 | 7.25 | 7.30 | 7.37 | 7.50 | 7.25 | 7.57 | 5,470 |
| 24 | 7.25 | 7.30 | 7.37 | 7.50 | 7.25 | 7.78 | 5,775 |
| 30 | 7.72 | 7.77 | 7.85 | 8.00 | 7.72 | 8.49 | 6,060 |
| 36 | 7.72 | 7.77 | 7.85 | 8.00 | 7.72 | 8.66 | 6,300 |
| 45 | 7.81 | 7.87 | 7.94 | 8.10 | 7.81 | 9.05 | 6,695 |
| 48 | 7.81 | 7.87 | 7.94 | 8.10 | 7.81 | 9.14 | 6,825 |
| 60 | 7.95 | 8.01 | 8.09 | 8.25 | 7.95 | 9.73 | 7,430 |
| INTEREST RATES-ON FRESH DEPOSITS/RENEWALS [Investment through online mode - Shriram City Website] (w.e.f. 1st April, 2021) | |||||||
|---|---|---|---|---|---|---|---|
| Bulk Deposit > 5 crore | |||||||
| Non-Cumulative Deposit | Cumulative Deposit | ||||||
| Period (months) | 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 ₹ 5000/- |
| 12 | 7.26 | 7.31 | 7.38 | 7.51 | 7.26 | 7.51 | 5,375 |
| 15 | 7.50 | 7.55 | 7.62 | 7.77 | 7.50 | 7.84 | 5,490 |
| 24 | 7.50 | 7.55 | 7.62 | 7.77 | 7.50 | 8.07 | 5,805 |
| 30 | 7.97 | 8.03 | 8.11 | 8.27 | 7.97 | 8.79 | 6,095 |
| 36 | 7.97 | 8.03 | 8.11 | 8.27 | 7.97 | 8.98 | 6,345 |
| 45 | 8.06 | 8.12 | 8.20 | 8.37 | 8.06 | 9.38 | 6,760 |
| 48 | 8.06 | 8.12 | 8.20 | 8.37 | 8.06 | 9.48 | 6,895 |
| 60 | 8.20 | 8.26 | 8.35 | 8.52 | 8.20 | 10.10 | 7,525 |
| INTEREST RATES-ON FRESH DEPOSITS/RENEWALS (w.e.f. 1st April, 2021) | |||||||
|---|---|---|---|---|---|---|---|
| Retail Deposit <= 5 crore | |||||||
| Non-Cumulative Deposit | Cumulative Deposit | ||||||
| Period (months) | 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 ₹ 5000/- |
| 12 | 7.01 | 7.06 | 7.12 | 7.25 | 7.01 | 7.25 | 5,360 |
| 24 | 7.25 | 7.30 | 7.37 | 7.50 | 7.25 | 7.78 | 5,775 |
| 36 | 7.72 | 7.77 | 7.85 | 8.00 | 7.72 | 8.66 | 6,300 |
| 48 | 7.81 | 7.87 | 7.94 | 8.10 | 7.81 | 9.14 | 6,825 |
| 60 | 7.95 | 8.01 | 8.09 | 8.25 | 7.95 | 9.73 | 7,430 |
| INTEREST RATES-ON FRESH DEPOSITS/RENEWALS (w.e.f. 1st April, 2021) | |||||||
|---|---|---|---|---|---|---|---|
| Bulk Deposit > 5 crore | |||||||
| Non-Cumulative Deposit | Cumulative Deposit | ||||||
| Period (months) | 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 ₹ 5000/- |
| 12 | 7.26 | 7.31 | 7.38 | 7.51 | 7.26 | 7.51 | 5,375 |
| 24 | 7.50 | 7.55 | 7.62 | 7.77 | 7.50 | 8.07 | 5,805 |
| 36 | 7.97 | 8.03 | 8.11 | 8.27 | 7.97 | 8.98 | 6,345 |
| 48 | 8.06 | 8.12 | 8.20 | 8.37 | 8.06 | 9.48 | 6,895 |
| 60 | 8.20 | 8.26 | 8.35 | 8.52 | 8.20 | 10.10 | 7,525 |
Additional interest of 0.40% p.a. will be paid for Senior citizen (Completed age 60 years on the date of deposit/renewal)
Additional interest of 0.25% p.a on all Renewals, where the deposit is matured.
Additional interest of 0.15% p.a to employees of Shriram Group Companies and their relatives.
Deposits will be accepted in multiples of 1000/- subject to a minimum amount of 5000/-.
Cumulative deposits can be renewed for maturity value.
