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This NBFC offers 9.4% FD interest rate for these investors; check details

FD interest rates: Shriram Finance has increased interest rates on fixed deposits by 0.05 to 0.20% for various maturity tenures. The revised FD rates are effective from April 9, 2024. ....

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Shriram Finance Offers Special Interest Benefits on Fixed Deposit for Women and Senior Citizens

(This story has not been edited by THE WEEK and is auto-generated from a PTI ....

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Shriram Finance offers special interest benefits on fixed deposit for women and senior citizens

Mumbai (Maharashtra) [India], May 3 (ANI/PRNewswire): The Shriram Group has consistently prioritised the interests of the 'Common Man' at the forefront of all business decisions. With an emphasis on providing financial services to the bottom of the pyramid, Shriram Finance has continuously excelled at serving the underserved. According to Umesh Revankar, Executive Vice Chairman of Shriram Finance, "The business will provide financial management to more people and work towards the empowerment of more communities so they can take full advantage of the money they make". Shriram Finance offers a special interest benefit of 0.50 per cent p.a. for senior citizens and 0.10 per cent p.a. for women depositors inclusive of which one can earn attractive interest rates as high as 9.10 per cent p.a. "Over the course of my 47-year journey, I have seen the sector evolve multi-fold due to the introduction of policies that have helped us serve the under-served," stated R.Thy ....

Umesh Revankar , Nilanjan Chowdhury , Shriram Group , Shriram Finance , Common Man , Executive Vice Chairman , Unnati Fixed Deposit , Fixed Deposit , Shriram Fixed Deposit , India Ratings , Finance Limited , Two Wheeler Loans , Passenger Vehicle Loans , Personal Loan , Gold Loan , Mumbai Maharashtra India , Ay 3 Ani Prnewswire The Shriram Group Has Consistently Prioritised Interests Of 39 Common Man At Forefront All Business Decisions With An Emphasis On Providing Financial Services To Bottom Pyramid , Hriram Finance Has Continuously Excelled At Serving The Underserved According To Umesh Revankar , Xecutive Vice Chairman Of Shriram Finance , Uot The Business Will Provide Financial Management To More People And Work Towards Empowerment Of Communities So They Can Take Full Advantage Money Make Quot Shriram Finance Offersa Special Interest Benefit 0 50 Per Cent Pa For Senior Citizens 10 Women Depositors Inclusive Which One Earn Attractive Rates As High 9 Over Course My 47 Year Journey , I Have Seen The Sector Evolve Multi Fold Due To Introduction Of Policies That Helped Us Serve Under Served , Uot Statedr Thyagarajan , Ounder Of The Shriram Group He Further Added That Quoti Am Pleased To State Has Always Been Associated With Financial Inclusion And Prioritised Socio Economic Development All Its Customers While Delivering Value Stakeholders Quot Unnati Fixed Deposit Plans Have Emerged As Preferred Choice For Senior Citizens Women Depositors Several Reasons Firstly , He Fixed Deposit Offers Guaranteed Returns , Rovidinga Stable Source Of Income Regardless Market Fluctuations Secondly , He Safety And Security Of Their Hard Earned Money Are Assured As Shriram Fixed Deposit Has The Accreditation Quot Icra Aa Stable By Ind India Ratings Research Which Denotesa High Degree Senior Citizens Women Depositors Can Choose Periodic Interest Payout Options ,

Shriram Finance Interest Rates Continue to remain competitive in the Fixed Deposit Market

Mumbai (Maharashtra) [India], March 13 (ANI/PRNewswire): According to Kuvera's research, nearly half of the 1.6 million investors revealed they preferred Fixed Deposits (FDs) when they wanted money within 3 years with safety. This would represent 44% of the survey's overall respondents. To beat inflation, another 23% chose to store their emergency cash in FDs. Y.S. Chakravarti, MD and CEO of Shriram Finance states that, "The fixed deposit continues to be the instrument with the highest level of stability because the depositor is always guaranteed the maturity amount and does not run the danger of losing the principal amount. Since it is independent of the market, one can also choose to receive interest payments on a regular basis from fixed deposits. Senior citizens can also benefit from greater interest rates offered by fixed-deposit plans, along with the special senior citizen interest benefit of 0.50%p.a. Investing in a fixed deposit can prove to be ideal as it helps th ....

Shriram Finance , Shriram Group , Fixed Deposits , Shriram Fixed Deposit , India Ratings , Shriram Unnati Fixed , Finance Limited , Two Wheeler Loans , Passenger Vehicle Loans , Personal Loan , Gold Loan , Mumbai Maharashtra India , Arch 13 Ani Prnewswire According To Kuvera 39s Research , Early Half Of The 1 6 Million Investors Revealed They Preferred Fixed Deposits Fds When Wanted Money Within 3 Years With Safety This Would Represent 44 Survey 39s Overall Respondents To Beat Inflation , Nother 23 Chose To Store Their Emergency Cash In Fds Ys Chakravarti , D And Ceo Of Shriram Finance States That , Uot The Fixed Deposit Continues To Be Instrument With Highest Level Of Stability Because Depositor Is Always Guaranteed Maturity Amount And Does Not Run Danger Losing Principal Since It Independent Market , Ne Can Also Choose To Receive Interest Payments Ona Regular Basis From Fixed Deposits Senior Citizens Benefit Greater Rates Offered By Deposit Plans , Long With The Special Senior Citizen Interest Benefit Of 0 50 Pa Investing Ina Fixed Deposit Can Prove To Be Ideal As It Helps Them During Their Retirement Years While Also Guaranteeing Security Invested Funds Quot Shriram Finance Offersa 10 For Women Depositors In Endeavour Towards Encouraging Take Control Own Finances Trusted By Millions Customers , Hriram Fixed Deposit Is The One Of Safest Investment Option With Attractive Interest Rates Addressing Key Factor That Shriram Hasa Higher Credit Quality Rating Accredited By Icra As Quot Aa Stable And Ind India Ratings Research These Imply Organization Does Not Default On Both Principal Payments Benefits Unnati Grow Your Savings High 9 10 Pa For Senior Citizens Women Get 0 50 Special Benefit Which Adds Up To Rate Flexible Tenure Options Starting From 12 60 Months Payout Choose Monthly , Alf Yearly And At Maturity Guaranteed Returns Get Steady Assured Irrespective Of Market Fluctuationst Ampc Applyr Thyagarajan Founded Shriram Group In 1974 With The Motive Making People Financially Empowered Since Its Inception , He Company Has Beena Leading Player In The Indian Financial Services Sector Core Strength Of Group Lies Its Vehicle Financing And Chit Business Over Years , Hriram Group Has Evolved Intoa Prominent Financial Services Conglomerate Shriram Finance Limited , Se Shriramfin Bse 511218 , Se Shriramfina 43 Year Old Company And Part Of The Shriram Group , S One Of The Largest Nbfcs In India Company Isa Leader Organized Financing Pre Owned Trucks Witha Strategic Presence 5 10 Year Old Truck Lending Hasa Pan Network 2901 Branches ,