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

Interest Rates

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 DepositCumulative 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.AMaturity value for ₹ 5000/-
127.257.307.377.507.257.505,375
157.44 7.497.567.707.447.785,485
247.44 7.497.567.707.448.005,800
307.867.928.008.157.868.666,080
367.867.928.008.157.868.846,325
457.907.968.048.207.909.176,720
48 7.907.968.048.207.909.266,850
608.098.158.238.408.099.947,485

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 DepositCumulative 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.AMaturity value for ₹ 5000/-
127.487.537.607.757.487.755,385
157.67 7.727.807.957.678.035,500
247.677.727.807.957.678.275,825
308.098.158.238.408.098.946,115
368.098.158.238.408.099.136,370
458.138.198.278.458.139.486,775
488.138.198.278.458.139.586,915
608.328.388.478.658.3210.287,570

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.AQuarterly % P.A Half-yearly % P.A Yearly % P.A Rate (P.A at Monthly rests) Effective Yield % P.A Maturity value for ₹ 5000/-
127.257.307.377.507.257.505,375
247.447.497.567.707.448.005,800
367.867.928.008.157.868.846,325
48 7.907.968.048.207.909.266,850
608.098.158.238.408.099.947,485

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.AQuarterly % P.A Half-yearly % P.A Yearly % P.A Rate (P.A at Monthly rests) Effective Yield % P.A Maturity value for ₹ 5000/-
127.487.537.607.757.487.755,385
247.677.727.807.957.678.275,825
368.098.158.238.408.099.136,370
48 8.138.198.278.458.139.586,915
608.328.388.478.658.3210.287,570

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.