Shriram Finance Ltd.

Shriram Finance is all set to revise its interest rates on fixed deposits with effect from June 26. As per the revised structure, senior citizens (aged 60 years and above at the time of deposit or renewal) would be eligible for an additional interest of 0.50 per cent per annum while women depositors would receive an additional 0.05 per cent per annum on fixed deposits.

For deposits of 12 months, the existing rate of 7.65 per cent would be revised to 7.35 per cent while for deposits made through digital mode for a period of 15 months would be revised to 7.50 per cent from the current 7.90 per cent.

Shriram Finance (Formerly Shriram Transport Finance Company) is one of the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets.