Safe Savings with Shriram Fixed Deposits

Investing in a Shriram Fixed Deposit is a very safe choice, and it also comes with attractive interest rates. You can get interest rates as high as 9.20%* per year, with an extra 0.50%* per year for senior citizens and 0.10%* per year for women.

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1. SHRIRAM FIXED DEPOSIT Interest up to 9.20%* P.A. Additional 0.50%* P.A. for Senior Citizens and 0.10%* p.a. for Women
2. What is fixed deposit? Fixed deposit is the most secured saving option that lets you grow your money with assured returns. These assured return enables you to invest for a better and secured future by offering guaranteed high returns along with safety of principle amount
3. Features of Fixed Deposit Scheme Higher Returns on Investment (8.40%) additional 0.50 for senior citizens Flexible Tenure Flexible Pay-outs
4. Types of Fixed Deposits Cumulative Non-Cumulative In a cumulative fixed deposit, the interest earned will get compounded along with the principal for the invested tenure. The interest will not be payable in instalments In this type, the interest is payable in monthly, quarterly, half-yearly, or annual instalments. It is suitable for individuals or pensioners who are looking for a income at regular intervals.
5. Documents Required 1. ID Proof 2. Address Proof 3. Photographs 4. Cancelled Cheque Leaf 5. Other than the above documents, for HUF, trusts, and other entities.
6. Advantages of a Fixed Deposit 1.Encourages you to save your money. 2.Assured returns on your invested capital. 3.Useful in a cash crunch. 4.Offers flexibility in both invested amount and tenure. 5.Maintaining cash flow.
7. Visit: https://www.shriramfinance.in/ Thank you