In which name should the cheque be drawn for fixed deposit in Shriram Finance Limited?
Payment should be made by means of an account payee cheque/ demand draft in favour of “SHRIRAM FINANCE LIMITED”. Click here for more details about Shriram Finance Ltd Fixed Deposit
Does Shriram Finance Ltd fixed deposit offer any additional benefits?
Additional interest of 0.25% p.a. on all Renewals, where the deposit is matured. Additional interest of 0.15% p.a. to employees of Shriram Group Companies and their relatives. As on 2023. Click here for more details about Shriram Finance Ltd Fixed Deposit
Does Shriram Finance Ltd offer any additional benefits to women depositors?
Yes, Currently Shriram Finance Ltd offer additional interest rate of 0.10% to women depositor. Click here for more details about Shriram Finance Ltd Fixed Deposit
Does Shriram Finance Ltd offer any additional benefits or higher interest rates for senior citizens?
Yes, Shriram finance Ltd also offer additional interest of 0.25% to 0.50% p.a. for Senior citizens. Click here for more details about Shriram Finance Ltd Fixed Deposit
Who can apply/ invest in Shriram Finance Ltd FD?
• Resident Individual • Company • Partnership Firm • HUF • Unincorporated Association or Body of Individuals • Trust & Foundation (*Please note that Shriram Finance Ltd is not registered U/S 11(5) of Income Tax Act, hence charitable trust may invest in Shriram Finance Ltd Fixed Deposits at their own risk.) Click here for more […]
What is the process for renewing a fixed deposit with Shriram Finance Ltd?
Deposits can be renewed from the date of maturity date if renewal instructions along with deposit receipts except for auto renewal, are received within 6 months from the date of maturity. In such cases the rate prevailing on the date of maturity will be applicable. Otherwise the same will be renewed prospectively and in such […]
Can I choose to receive the interest payouts monthly, quarterly or annually?
Yes, as an investor you can choose interest payouts options. Click here for more details about Shriram Finance Ltd Fixed Deposit
Does the broker share / offer a percentage of the commission as a kickback to the investor for investment in Shriram finance Ltd FD?
No, it is illegal for a broker to offer or share a percentage of the commission as a kickback to the investor for investment in Shriram Finance Ltd fixed deposits or any other financial instrument. Click here for more details about Shriram Finance Ltd Fixed Deposit
Do I have to pay any charges/ fees or brokerage / commission to the broker for Shriram Finance Ltd Fixed Deposit?
Investors do not incur any fees or brokerage charges while opening or maintaining fixed deposits with Shriram Finance Limited. Focus on inquiring about services provided rather than brokerage or commission fees. Click here for more details about Shriram Finance Ltd Fixed Deposit
What are the payment methods for investing in Shriram Finance Ltd Fixed Deposits?
There are several payment options available, you can opt as per your requirement. 1) Net Banking: If you have internet banking facilities with your bank, you can use this method to transfer the investment amount directly from your bank account to Shriram Finance Ltd. 2) UPI (Unified Payments Interface): Shriram Finance Ltd may provide UPI […]