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Shriram Finance
CRISIL: AAA/STABLEICRA: AAA/STABLECARE: AAA/STABLEIndia Ratings: AAA/STABLEBank Overview
Type
NBFCHeadquarters
ChennaiFounded
1974Branches
–DICGC Coverage
Not CoveredCredit Ratings
CRISIL
AAA/STABLEStrong
CARE
AAA/STABLEStrong
ICRA
AAA/STABLEStrong
India Ratings
AAA/STABLEStrong
Fixed Deposit (FD) Interest Rates
| TENURE | General | Senior |
|---|
•For callable FDs < ₹3 Cr•Premature withdrawal penalty applies
Frequently Asked Questions
Quick answers to the most common questions about Shriram Finance accounts.
As of August 2026, Shriram Finance offers up to 7.50% p.a. on Fixed Deposits and up to 0.00% p.a. on Savings Accounts based on the balance slabs maintained.
Shriram Finance is an NBFC. NBFC deposits are NOT covered by DICGC insurance but are rated by credit agencies like CRISIL/CARE/ICRA.
The minimum tenure for a fixed deposit with Shriram Finance starts from 12 Months. Senior citizens receive an additional interest rate benefit of up to 0.50% p.a. over general citizen rates.
Yes, interest earned on deposits is taxable. Savings account interest is tax-free up to ₹10,000 per year (₹50,000 for senior citizens) under Section 80TTA/80TTB. FD interest is fully taxable, and TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.
FD Calculator
Months
Days
MATURITY AMOUNT
₹1,07,028
MATURITY DATE
17 Aug 2027
Interest rate6.85% p.a.
Principal₹1,00,000
Total interest₹7,028
Indicative only. Actual figures may vary.