Sundaram Finance and BNP Paribas Personal Finance Joint Venture (JV) Company -- Sundaram BNP Paribas Home Finance has increased its deposit interest rates for 12 Month and 18-Month deposit schemes with effect from June 22, 2018.
Interest rate for 12 month deposits for senior citizens will be 7.50% per annum (p.a.) and 7.00% p.a. for others at quarterly rests and interest rate for trusts will be 7.50%. The interest for 18 month deposits for senior citizens will be 7.25% and 6.75% for others at quarterly rests and for trusts, the interest rate will be 6.75%. The interest rates for its 24 36, 48 and 60 Months deposits remain unchanged.
Sundaram Finance, headquartered in Chennai, is a leading player in Retail Finance with presence across multiple facets of the Financial Services industry including Vehicle Finance, Home Finance, Mutual Fund, General Insurance and Financial Services Distribution.
