Shriram City offers different Fixed Deposit (FD) schemes at attractive interest rates and a tenure of up to 60 months. Senior citizens are offered an additional interest rate on any investments made towards the FD account.
Period (Months) | Monthly | Quarterly | Half-Yearly | Yearly |
12 | 7.39 | 7.44 | 7.51 | 7.65 |
15 (Digital) | 7.63 | 7.68 | 7.75 | 7.90 |
18 | 7.53 | 7.58 | 7.65 | 7.80 |
24 | 7.63 | 7.68 | 7.75 | 7.90 |
36 | 8.09 | 8.15 | 8.23 | 8.40 |
50 (Jubilee) | 8.09 | 8.15 | 8.23 | 8.40 |
60 | 8.09 | 8.15 | 8.23 | 8.40 |
*Interest rates are effective from 2 May 2025.
Period (Months) | Rate | Effective Yield (%) | Maturity Value (Rs.) |
12 | 7.39% p.a. | 7.65% | Rs.5,382 |
15 (Digital) | 7.63% p.a. | 7.98% | Rs.5,498 |
18 | 7.53% p.a. | 7.95% | Rs.5,595 |
24 | 7.63% p.a. | 8.21% | Rs.5,821 |
36 | 8.09% p.a. | 9.12% | Rs.6,368 |
50 (Jubilee) | 8.09% p.a. | 9.58% | Rs.6,996 |
60 | 8.09% p.a. | 9.93% | Rs.7,482 |
The main features and benefits of the FD schemes offered by Shriram City are mentioned below:
The below-mentioned individuals and entities can open an FD account with Shriram City:
Body of Individuals or Unincorporated Association
Trusts and Foundations
HUF
Partnership Firm
Company
Resident Individuals
The two different types of FD schemes that are offered by Shriram City are mentioned below:
Yes, Shriram City offers the premature withdrawal facility on its FDs.
No, NRIs cannot invest in an FD account offered by Shriram City.
No, there is no limit to the amount that can be deposited in an FD account.
Yes, the FD certificate must be provided to withdraw the money when the FD matures.
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