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Sundaram Finance’s JV increases deposit interest rates

21 Jun 2018 Evaluate

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.

Sundaram Finance Share Price

4971.85 -29.85 (-0.60%)
21-Apr-2026 16:59 View Price Chart
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