Shriram Finance Revises Fixed Deposit Interest Rates; New Rates Effective July 2

Bilkul Bazaar

Mumbai |

Shriram Finance Limited (SFL), the flagship company of the Shriram Group, has announced revised interest rates on its Fixed Deposits (FDs), with the new rates coming into effect from July 2, 2026.

Under the revised structure, interest rates for deposits of up to Rs. 10 crore have been increased across select tenures. Deposits with maturities ranging from 36 to 60 months will now earn 7.50% per annum, up from the earlier 7.25%, while rates for shorter tenures have also been marginally enhanced. Digital-only deposits with a 15-month tenure will now offer 7.10%, compared to the previous 7.05%.

The company will continue to offer additional benefits to eligible depositors. Senior citizens will receive an extra 0.50% per annum, women depositors an additional 0.05% per annum, and customers renewing matured deposits will be entitled to an extra 0.15% per annum over the applicable rate.

Shriram Finance has also revised the interest rates under its Fixed Investment Plan (FIP). The revised FIP rates include 6.85% for tenures of 12–23 months, 7.10% for 24–35 months, and 7.50% for 36–48 months. Women investors under the FIP will continue to receive an additional 0.05% per annum, while all other terms and conditions remain unchanged.

The company’s Fixed Deposit programme continues to hold the highest credit ratings, including CRISIL AAA/Stable, ICRA AAA (Stable), India Ratings IND AAA/Stable, and CARE AAA/Stable, reflecting a high degree of safety for investors.

Shriram Finance Limited is among India’s largest retail asset financing non-banking financial companies (NBFCs), with assets under management exceeding Rs. 3.02 trillion. Established in 1979, the company serves over 97 lakh customers through a nationwide network of 3,225 branches, offering financing solutions across commercial vehicles, MSMEs, tractors and farm equipment, gold loans, personal loans, and working capital finance.