Sundaram Finance is all set to revise its interest rates on deposits for two and three years with effect from May 9. Accordingly, the interest rates would be 5.90 per cent as against 5.65 per cent on two year deposits and 6.05 per cent as against 5.80 per cent on three year deposits.
It has increased the interest rates offered to senior citizens to 6.40 per cent from 6.15 per cent on two year deposits, and 6.55 per cent as against 6.30 per cent on deposits with a tenure of three years. Meanwhile, the company has retained the interest rates on deposits for 12 months which remains at 5.50 per cent for regular and 6 per cent for senior citizens.
Sundaram Finance has a diversified presence in Mutual Funds, Housing Finance, General Insurance, IT, Business Process Outsourcing and Retail Distribution of a wide array of financial services and products.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 917.75 |
| Shriram Finance | 1046.10 |
| Aditya Birla Capital | 344.35 |
| Chola Invest & Fin. | 1580.85 |
| Tata Capital | 335.70 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: