The Sundaram group offers fixed deposits schemes through two of its subsidiaries, namely, Sundaram Finance and Sundaram BNP Paribas Home Finance. Sundaram Finance rated MAAA by ICRA (high safety) offers several attractive fixed deposit schemes for depositors. Sundaram Home Finance Limited rated MAA by ICRA, has over 10,000 depositors.
The updated list of ING Vysya Bank FD Rates, for Regular and Senior Citizen, is listed below:
|Tenure||Regular FD Rate||Senior Citizen FD Rate|
|Upto Amount||Rs. 1 Crore||Rs. 1 Crore|
Sundaram Finance offers a monthly interest rate* of 9.43% for a period ranging from 30 days to 120 days. The quarterly rate of interest is marginally higher at 9.5% for the same period. The monthly and quarterly interest rates are the same for a period ranging from 6 months to one year.
For a period from 1 year to 3 years, the company offers uniform rates of interest at 9.43% and 9.5% for monthly and quarterly rates of interest respectively.
*Interest rates are subject to change. The above table shows the latest figures.