Shriram Transport Finance, part of the Shriram Group, offers non‑banking company deposits. Its non‑cumulative FDs pay interest monthly, quarterly, half‑yearly or annually, while cumulative FDs compound the interest until maturity. For tenures from 12 months to 60 months, the company offered rates around 7.50 % to 8.40 % for general investors. Senior citizens, women and renewal deposits received additional bonuses of up to 0.50 %.
Shriram Transport Finance FD Rates
| Tenure | Non‑cumulative rate (annualised) | Notes |
|---|---|---|
| 12 months | ~7.50 % | Monthly/quarterly/half‑yearly interest options |
| 24 months | ~7.85 % | Higher for cumulative schemes |
| 36 months | ~8.15 % | |
| 60 months | 8.40 % | Highest; cumulative option yields more |
Shriram FDs are rated by credit agencies. Investors should assess their risk tolerance when choosing non‑banking FDs and review the latest rating and company financials. Always read the deposit brochure carefully.
