Sundaram Finance - Fixed Deposit Rates

As of August 2026, Sundaram Finance offers a highest interest rate of 7.25% p.a. for general citizens and 7.75% p.a. for senior citizens on fixed deposits.

Sundaram Finance is a Non-Banking Financial Company (NBFC). NBFC deposits are generally rated by credit agencies but are NOT covered by DICGC insurance. Always check the credit rating before investing.

The minimum tenure for a fixed deposit with Sundaram Finance starts from 12 Months. Longer tenures may offer higher interest rates.

Yes, Sundaram Finance offers an additional benefit of up to 0.50% p.a. over the general citizen rate for senior citizens (aged 60 and above).

Yes, interest earned on fixed deposits is taxable as per your income tax slab. TDS is deducted at 10% if total interest exceeds ₹40,000 per year (₹50,000 for senior citizens). You can submit Form 15G/15H to avoid TDS if your total income is below the taxable limit.

Sundaram Finance follows RBI NBFC deposit rules: No premature withdrawal is allowed for the first 3 months (except critical illness or death). Between 3 and 6 months, only the principal is refunded with zero interest. After 6 months, interest is paid at 2% lower than the rate applicable for the period the deposit ran.

Yes, Sundaram Finance currently offers special FD rates on select tenures that are higher than the regular rates. These are typically limited-period offers and subject to change.