Shriram Finance 1 Year FD rate: 7.5% (general) & 7.75% (senior citizen). Maturity for ₹5 Lakh: ₹5,38,568.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Shriram Finance Limited offers 1 Year Fixed Deposit at 7.5% p.a. for general citizens and 7.75% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: Allowed after 3 months with penalty.
Tenure: 1 Year · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹26,928 | ₹1,928 | 7.7% |
| ₹50K | ₹53,857 | ₹3,857 | 7.7% |
| ₹1 Lakh | ₹1,07,714 | ₹7,714 | 7.7% |
| ₹2 Lakh | ₹2,15,427 | ₹15,427 | 7.7% |
| ₹5 Lakh | ₹5,38,568 | ₹38,568 | 7.7% |
| ₹10 Lakh | ₹10,77,136 | ₹77,136 | 7.7% |
| ₹25 Lakh | ₹26,92,840 | ₹1,92,840 | 7.7% |
| ₹50 Lakh | ₹53,85,679 | ₹3,85,679 | 7.7% |
| ₹1 Crore | ₹1,07,71,359 | ₹7,71,359 | 7.7% |
Shriram Finance offers 1 Year Fixed Deposit at 7.5% p.a. for general citizens and 7.75% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in Shriram Finance for 1 Year at 7.5% (quarterly compounding) will mature to approximately ₹5,38,568. The interest earned would be ₹38,568.
Yes, Shriram Finance offers an additional benefit for senior citizens with a rate of 7.75% p.a. for 1 Year FD, which is 0.25% higher than the general rate.
The minimum deposit amount for Shriram Finance Fixed Deposit is ₹5,000. Interest is compounded quarterly.
Yes, premature withdrawal is allowed. Shriram Finance's premature withdrawal policy: Allowed after 3 months with penalty. It's recommended to keep the FD till maturity for maximum returns.