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| INTEREST RATES-ON FRESH DEPOSITS/RENEWALS [Investment through online mode - Shriram City Website] (w.e.f. 10th Aug, 2022) | |||||||
|---|---|---|---|---|---|---|---|
| Retail Deposit <= 5 crore | |||||||
| Non-Cumulative Deposit | Cumulative Deposit | ||||||
| Period (months) | Monthly % P.A | Quarterly % P.A | Half-yearly % P.A | Yearly % P.A | Effective Yield % P.A | Rate (P.A at Monthly rests) | Maturity value for ₹ 5000/- |
| 12 | 6.54 | 6.58 | 6.64 | 6.75 | 6.75 | 6.54 | 5,335 |
| 15 | 7.01 | 7.06 | 7.12 | 7.25 | 7.31 | 7.01 | 5,455 |
| 24 | 7.01 | 7.06 | 7.12 | 7.25 | 7.51 | 7.01 | 5,750 |
| 30 | 7.72 | 7.77 | 7.85 | 8.00 | 8.49 | 7.72 | 6,060 |
| 36 | 7.72 | 7.77 | 7.85 | 8.00 | 8.66 | 7.72 | 6,300 |
| 45 | 7.86 | 7.92 | 8.00 | 8.15 | 9.12 | 7.86 | 6,710 |
| 48 | 7.86 | 7.92 | 8.00 | 8.15 | 9.21 | 7.86 | 6,840 |
| 60 | 7.95 | 8.01 | 8.09 | 8.25 | 9.73 | 7.95 | 7,430 |
| INTEREST RATES-ON FRESH DEPOSITS/RENEWALS [Investment through online mode - Shriram City Website] (w.e.f. 10th Aug, 2022) | |||||||
|---|---|---|---|---|---|---|---|
| Bulk Deposit > 5 crore | |||||||
| Non-Cumulative Deposit | Cumulative Deposit | ||||||
| Period (months) | Monthly % P.A | Quarterly % P.A | Half-yearly % P.A | Yearly % P.A | Effective Yield % P.A | Rate (P.A at Monthly rests) | Maturity value for ₹ 5000/- |
| 12 | 6.79 | 6.83 | 6.89 | 7.01 | 7.01 | 6.79 | 5,350 |
| 15 | 7.26 | 7.31 | 7.38 | 7.51 | 7.58 | 7.26 | 5,470 |
| 24 | 7.26 | 7.31 | 7.38 | 7.51 | 7.79 | 7.26 | 5,780 |
| 30 | 7.97 | 8.03 | 8.11 | 8.27 | 8.79 | 7.97 | 6,095 |
| 36 | 7.97 | 8.03 | 8.11 | 8.27 | 8.98 | 7.97 | 6,345 |
| 45 | 8.11 | 8.17 | 8.25 | 8.42 | 9.45 | 8.11 | 6,770 |
| 48 | 8.11 | 8.17 | 8.25 | 8.42 | 9.55 | 8.11 | 6,910 |
| 60 | 8.20 | 8.26 | 8.35 | 8.52 | 10.10 | 8.20 | 7,525 |
| INTEREST RATES-ON FRESH DEPOSITS/RENEWALS (w.e.f. 10th Aug, 2022) | |||||||
|---|---|---|---|---|---|---|---|
| Retail Deposit <= 5 crore | |||||||
| Non-Cumulative Deposit | Cumulative Deposit | ||||||
| Period (months) | Monthly % P.A | Quarterly % P.A | Half-yearly % P.A | Yearly % P.A | Effective Yield % P.A | Rate (P.A at Monthly rests) | Maturity value for ₹ 5000/- |
| 12 | 6.54 | 6.58 | 6.64 | 6.75 | 6.75 | 6.54 | 5,335 |
| 24 | 7.01 | 7.06 | 7.12 | 7.25 | 7.51 | 7.01 | 5,750 |
| 36 | 7.72 | 7.77 | 7.85 | 8.00 | 8.66 | 7.72 | 6,300 |
| 48 | 7.86 | 7.92 | 8.00 | 8.15 | 9.21 | 7.86 | 6,840 |
| 60 | 7.95 | 8.01 | 8.09 | 8.25 | 9.73 | 7.95 | 7,430 |
| INTEREST RATES-ON FRESH DEPOSITS/RENEWALS (w.e.f. 10th Aug, 2022) | |||||||
|---|---|---|---|---|---|---|---|
| Bulk Deposit > 5 crore | |||||||
| Non-Cumulative Deposit | Cumulative Deposit | ||||||
| Period (months) | Monthly % P.A | Quarterly % P.A | Half-yearly % P.A | Yearly % P.A | Effective Yield % P.A | Rate (P.A at Monthly rests) | Maturity value for ₹ 5000/- |
| 12 | 6.79 | 6.83 | 6.89 | 7.01 | 7.01 | 6.79 | 5,350 |
| 24 | 7.26 | 7.31 | 7.38 | 7.51 | 7.79 | 7.26 | 5,780 |
| 36 | 7.97 | 8.03 | 8.11 | 8.27 | 8.98 | 7.97 | 6,345 |
| 48 | 8.11 | 8.17 | 8.25 | 8.42 | 9.55 | 8.11 | 6,910 |
| 60 | 8.20 | 8.26 | 8.35 | 8.52 | 10.10 | 8.20 | 7,525 |
Additional interest of 0.50% 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.
