Shriram Finance Fixed Deposit: Your Smart Deposit Strategy
13 December 2024
Why Shriram Finance FD Stands Out in 2025
Shriram Finance offers Fixed Deposit rates up to 9% p.a., inclusive of 0.50% p.a. for senior citizens and 0.10% p.a. for women depositors – making it one of India’s highest-paying NBFCs for fixed deposits.
Quick Answer: Shriram Finance FD delivers exceptional returns with rates up to 9% p.a., backed by 25+ years of NBFC leadership and ICRA AA+ credit rating. Perfect for investors seeking bank-beating returns with institutional safety.
Current Shriram Finance FD Interest Rates (Effective May 2025)
Standard FD Rates – Cumulative Scheme
| Tenure | Interest Rate | Maturity Value (₹5,000) |
|---|---|---|
| 12 months | 7.39% p.a. | ₹5,382 |
| 15 months (Digital) | 7.63% p.a. | ₹5,498 |
| 18 months | 7.53% p.a. | ₹5,595 |
| 24 months | 7.63% p.a. | ₹5,821 |
| 36 months | 8.09% p.a. | ₹6,368 |
| 50 months (Jubilee) | 8.09% p.a. | ₹6,996 |
| 60 months | 8.09% p.a. | ₹7,482 |
Enhanced Rates for Special Categories
Senior Citizens (60+ years): Additional 0.50% p.a. boost
- 60-month tenure: Up to 8.56% base rate + 0.50% = 9.06% p.a.
Women Investors: Extra 0.10% p.a. on all tenures Renewal Bonus: 0.25% p.a. additional on maturity renewal
Shriram Finance: India’s Trusted NBFC Giant
Financial Strength & Credibility
- Legacy: 25+ years in financial services
- Asset Base: ₹1.85+ lakh crore AUM
- Network: 3,500+ branches across India
- Customer Base: 6.7+ million satisfied investors
- Credit Ratings:
- ICRA: AA+ (Stable)
- India Ratings: AA+ (Stable)
- CRISIL: AA+ (Stable)
Recent Financial Performance (FY 2023-24)
- Net Worth: ₹40,000+ crore
- Market Capitalization: ₹54,000+ crore
- Quarterly Profit: ₹1,450+ crore
- Capital Adequacy: 21%+ (Well above regulatory requirements)
Complete Investment Options Guide
1. Cumulative vs Non-Cumulative FDs
Cumulative FDs (Recommended):
- Interest compounds throughout tenure
- Lump sum payout at maturity
- Higher returns due to compounding
- Best for long-term wealth building
Non-Cumulative FDs:
- Regular interest payouts (monthly/quarterly/yearly)
- Ideal for steady income needs
- Lower returns than cumulative
- Perfect for retirees seeking cash flow
2. Flexible Tenure Options
- Short-term: 12-18 months (7.39% – 7.63% p.a.)
- Medium-term: 24-36 months (7.63% – 8.09% p.a.)
- Long-term: 50-60 months (8.09% p.a. with highest compounded returns)
3. Digital-First Investment
- 15-month Digital FD: Exclusive 7.63% p.a. rate
- Completely online process
- Instant account opening
- Digital documentation
Investment Safety & Regulatory Compliance
Robust Risk Management
- RBI Regulated: Valid Certificate of Registration under RBI Act Section 45-IA
- SEBI Compliant: Adheres to all securities regulations
- Regular Audits: Transparent financial reporting
- Professional Management: Experienced leadership team
Deposit Protection Features
- Strong capital adequacy ratios
- Diversified asset portfolio
- Conservative lending practices
- Regular stress testing
Invest Through Finzace – Simplified Process
Why Choose Finzace Platform?
- One-Click Investment: Direct access to Shriram Finance FDs
- Expert Curation: Pre-verified high-yield investment options
- Digital-First: Complete process online in minutes
- Portfolio Tracking: Monitor all investments in one dashboard
- Customer Support: Dedicated relationship managers
Step-by-Step Investment Process
How to Invest in Shriram Finance FD Through Finzace
- Visit Finzace Platform: Access our curated investment section
- Select Shriram Finance FD: Choose from available tenure options
- Quick KYC: Complete verification through our streamlined process
- Secure Payment: Multiple payment options with bank-grade security
- Instant Confirmation: Receive investment confirmation and tracking details
- Ongoing Support: Access to investment advisors and portfolio management
Benefits of Investing Through Finzace
- Competitive Rates: Same attractive rates as direct investment
- Expert Guidance: Professional investment advice and portfolio optimization
- Seamless Experience: No need to visit multiple platforms or branches
- Transparent Process: Clear fee structure with no hidden charges
- Regular Updates: Market insights and investment performance tracking
Tax Implications & Planning
TDS Considerations
- TDS applicable if annual interest exceeds ₹40,000
- Senior citizens: TDS threshold ₹50,000
- Submit Form 15G/15H if no tax liability
Tax-Efficient Strategies
- Spread investments across family members
- Time maturity dates for optimal tax planning
- Consider 5-year tax-saver FDs for Section 80C benefits
Comparison with Alternatives
Shriram Finance FD vs Bank FDs
| Feature | Shriram Finance FD | Bank FDs |
|---|---|---|
| Interest Rate | Up to 9% p.a. | 6.5% – 7.5% p.a. |
| Tenure Flexibility | 12-60 months | 7 days – 10 years |
| Minimum Investment | ₹5,000 | ₹1,000 – ₹10,000 |
| Senior Citizen Benefit | 0.50% additional | 0.25% – 0.50% |
| Digital Process | Yes | Varies |
Frequently Asked Questions
Answers to the most common questions we get.