Archive · 5 Aug 2025
Shriram Finance Cuts Fixed Deposit Rates Across Tenures
Shriram Finance, a finance company, has lowered the interest rates on its fixed deposit (FD) plans.
This means if you put money in an FD, you'll earn a bit less interest than before.
The changes, which began on August 5, affect how much money you get back based on how long you keep your money in the FD.
However, they still offer extra benefits for senior citizens and women.
Shriram Finance revised fixed deposit (FD) and Fixed Investment Plan (FIP) interest rates.
New rates, effective from August 5, show a downward revision across most maturities.
Interest rates for tenures between 12-23 months decreased to 7.00% from 7.35%.
Rates for 36-60 month tenures decreased to 7.60% from 8.00%.
Senior citizens and women depositors continue to receive additional interest benefits.
- Who
- Shriram Finance customers and potential investors.
- What
- Shriram Finance's revision of fixed deposit and fixed investment plan interest rates.
- When
- Effective from August 5.
- Where
- Across various tenures offered by Shriram Finance.
- Why
- To reflect market conditions or adjust investment strategies.
Impact on Depositors
Company Strategy
Investment Returns vs. Market Conditions
Impact on Depositors
Lower interest rates reduce returns on investments.
Company Strategy
Lower rates may reflect a positive market shift for borrowers or company finances.
- Effective Date
- August 5
- 12-Month Tenure New Rate
- 7.00%
- 36-60 Month Tenure New Rate
- 7.60%
- Senior Citizen Bonus
- +0.50% p.a.
- Women Depositors Bonus
- +0.05% p.a.
- Minimum Investment
- ₹5,000
Sources
Post Office schemes Vs bank FDs: THESE govt schemes offering much better returns than fixed deposits – Full comparison
Why The Government Hasn’t Raised Interest Rates On Popular Savings Schemes
Is credit demand really slowing? RBI’s liquidity push tells a different story
