FD Interest Rates(2020), High Interest Rate Up to 8.40%

FD Interest Rate for Retail Deposit <= 5 crore

INTEREST RATES-ON FRESH DEPOSITS/RENEWALS [Investment through online mode - Shriram City Website] (w.e.f. 1st October 2020)
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	7.25	7.30	7.37	7.50	7.25	7.50	5,375
15	7.44	7.49	7.56	7.70	7.44	7.78	5,485
24	7.44	7.49	7.56	7.70	7.44	8.00	5,800
30	7.86	7.92	8.00	8.15	7.86	8.66	6,080
36	7.86	7.92	8.00	8.15	7.86	8.84	6,325
45	7.90	7.96	8.04	8.20	7.90	9.17	6,720
48	7.90	7.96	8.04	8.20	7.90	9.26	6,850
60	8.09	8.15	8.23	8.40	8.09	9.94	7,485

INTEREST RATES-ON FRESH DEPOSITS/RENEWALS [Investment through online mode - Shriram City Website] (w.e.f. 1st October 2020)
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	7.48	7.53	7.60	7.75	7.48	7.75	5,385
15	7.67	7.72	7.80	7.95	7.67	8.03	5,500
24	7.67	7.72	7.80	7.95	7.67	8.27	5,825
30	8.09	8.15	8.23	8.40	8.09	8.94	6,115
36	8.09	8.15	8.23	8.40	8.09	9.13	6,370
45	8.13	8.19	8.27	8.45	8.13	9.48	6,775
48	8.13	8.19	8.27	8.45	8.13	9.58	6,915
60	8.32	8.38	8.47	8.65	8.32	10.28	7,570

INTEREST RATES-ON FRESH DEPOSITS/RENEWALS (w.e.f. 1st October 2020)
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	7.25	7.30	7.37	7.50	7.25	7.50	5,375
24	7.44	7.49	7.56	7.70	7.44	8.00	5,800
36	7.86	7.92	8.00	8.15	7.86	8.84	6,325
48	7.90	7.96	8.04	8.20	7.90	9.26	6,850
60	8.09	8.15	8.23	8.40	8.09	9.94	7,485

INTEREST RATES-ON FRESH DEPOSITS/RENEWALS (w.e.f. 1st October 2020)
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	7.48	7.53	7.60	7.75	7.48	7.75	5,385
24	7.67	7.72	7.80	7.95	7.67	8.27	5,825
36	8.09	8.15	8.23	8.40	8.09	9.13	6,370
48	8.13	8.19	8.27	8.45	8.13	9.58	6,915
60	8.32	8.38	8.47	8.65	8.32	10.28	7,570

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.