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- Senior citizens to continue receiving an additional benefit of 0.50% p.a.
- Additional benefit for women depositors revised to 0.05% p.a.; renewal benefit revised to 0.15% p.a.
Hyderabad, 18th June 2025: Shriram Finance Limited (SFL), the flagship company of the Shriram Group, has announced a revision in interest rates on Fixed Deposits (FDs) across various maturity tenures. The revised rates will come into effect from June 26, 2025.
Revised Interest Rates (Effective June 26, 2025)
|
Tenure
|
Existing Rate
p.a
|
Revised Rate
p.a
|
|
12 months
|
7.65%
|
7.35%
|
|
15 months (Digital Only)
|
7.90%
|
7.50%
|
|
18 months
|
7.80%
|
7.40%
|
|
24 months
|
7.90%
|
7.50%
|
|
36 months
|
8.40 %
|
8.00 %
|
|
50 months
|
8.40 %
|
8.00 %
|
|
60 months
|
8.40 %
|
8.00 %
|
Additional benefits will continue to apply as follows:
- Senior citizens (aged 60 years or above at the time of deposit/renewal) are eligible for an additional interest of 0.50% p.a.
- Women depositors will receive an additional 0.05% p.a.
- Renewals of matured deposits will attract an additional 0.15% p.a.
- For deposits above ₹10 crore, the applicable interest rate may vary from the published card rate but within the cap on Rate of Interest specified by the RBI.
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The Fixed Investment Plan (FIP) interest rates are also revised as per the above effective June 26, 2025.
|
Tenure
|
Existing Rate
p.a
|
Revised Rate
p.a
|
|
12 – 23 months
|
8.50%
|
7.35 %
|
|
24 – 35 months
|
8.75%
|
7.50 %
|
|
36 – 48 months
|
9.00%
|
8.00 %
|
Additional benefits will continue to apply as follows:
- Women depositors will receive an additional 0.05% p.a.
- Fixed Investment Plan will be available only through ‘Shriram One’ mobile application and the company’s website.
- Other terms and conditions of the Fixed Investment Plan (FIP) shall remain unchanged.
Shriram Finance Fixed Deposits are rated “[ICRA]AA+ (Stable)” by ICRA and “IND AA+/Stable” by India Ratings and Research. Deposits will be accepted in multiples of Rs. 1,000/-, subject to a minimum amount of Rs. 5,000/-.
