How can I invest in Shriram Finance Ltd FD?
To apply for investments, visit www.sanriya.in & download application form 1. Affix a latest photograph of each investor. 2. PAN Card and Address Proof Photo Copy also self-attested by applicant/s. 3. One Cancelled Cheque copy. (For ECS/RTGS/NEFT payment of Interest /Maturity Amount.) 4. Investment Cheque / DD also should be drawn in favour of “Shriram […]
Can I get loan against my Shriram Finance Ltd FD?
The Company may offer a loan up to 75% of the deposit amount, at an interest rate two percent higher than the deposit rate, after three months from the deposit date. Loan cheques will be issued in favour of the first depositor. Click here for more details about Shriram Finance Ltd Fixed Deposit
Is Shriram Finance FD tax free?
Shriram Finance fixed deposits is like any other FD, So the taxes are applicable as per the income tax rule. TDS of 10% is deducted on interest exceeding Rs. 5,000 in a financial year (20% without PAN). Investors also with income below the tax slab can submit Form 15G/15H to avoid TDS deduction. As required […]
Is premature withdrawal allowed in Shriram Finance Ltd FD?
Yes, premature withdrawal allowed in Shriram Finance Ltd FD, details are as below: – 1) The company reserves the right to allow, at its absolute discretion, withdrawal of Fixed deposit before maturity. Where a deposit is so allowed to be prematurely withdrawn the relative deposit receipt must be discharged by all the depositors in case […]
Is Shriram Finance Ltd FD safe and secure?
Yes, the Shriram Finance Ltd FD is one the safest FDs in the market. Shriram Finance FD also rated with an AA+ (Stable) rating by ICRA and an IND AA+/Stable rating by India Ratings and Research. It also indicate high degree of safety and credibility. Click here for more details about Shriram Finance Ltd Fixed […]
How is the interest paid in Shriram Finance Ltd FD?
The interest earned on Shriram Finance Ltd FDs can be paid out two different modes. One is cumulative option the interest compounded on a quarterly & paid on maturity of the FD. The other one is non- cumulative option which is paid monthly, quarterly, half yearly & yearly. Interest is also compounded at monthly rest […]
What is the interest rate offered on Shriram Finance Ltd FD?
The interest rate / yield offers on Shriram Finance Ltd FDs starts from 7% to 10.48% p.a., and also 0.5% additional rate to senior citizens. Click here for more details about Shriram Finance Ltd Fixed Deposit
What is the tenure or duration of Shriram Finance Ltd FD?
The tenure of Non-Cumulative FD is also available in 12, 24, 36, 48 and 60 months. Click here for more details about Shriram Finance Ltd Fixed Deposit
What is the minimum and maximum investment amount for Shriram Finance Ltd FD?
The minimum investment in Shriram Finance FD is also Rs. 5,000. However, there is no limit on the maximum amount of investment in Shriram Finance FD. Deposits also will be accepted in multiples of Rs. 1,000/-. Click here for more details about Shriram Finance Ltd Fixed Deposit
What is Shriram Finance Ltd FD?
Shriram Finance Ltd FD is a fixed deposit scheme also offered by Shriram Finance Ltd. A leading non-banking financial company (NBFC) in India. It is also a popular investment option where individuals can deposit a fixed amount of money for a specified period and earn a fixed rate of interest on their investment. Click here […]