India’s largest retail NBFC, Shriram Finance Limited (SFL) a part of Shriram Group, announced on January 1 a hike in fixed deposit (Shriram Unnati Deposits) rates. Customers can earn interest up to 9.36 percent on FDs, effective from January 1, 2023. Continue reading to find out the interest rates offered by financial institutions.
The NBFC is offering interest up to 7.3 percent for general people whose FDs maturing in 12 months. The financial institution is offering an interest rate of 7.5 percent for the FDs maturing in 18 months, 7.75 percent on FDs of 24 months, and 8.25 percent on FDs of 48 months. While those women opting for FDs maturing in 60 months will get an interest rate of 8.45 percent.
The NBFC is offering interest up to 7.83 percent for senior citizens whose FDs maturing in 12 months. The financial institution is offering an interest rate of 8.04 percent for the FDs maturing in 18 months, 8.28 percent on FDs of 24 months, and 8.79 percent on FDs of 48 months. While those women opting for FDs maturing in 60 months will get an interest rate of 8.99 percent.
The NBFC is offering interest up to 7.41 percent for women whose FDs maturing in 12 months. The financial institution is offering an interest rate of 8.41 percent for the FDs maturing in 18 months, 8.66 percent on FDs of 24 months, and 9.17 percent on FDs of 48 months. While those women opting for FDs maturing in 60 months will get an interest rate of 9.36 percent.