Shriram Finance Boosts Fixed Deposit Rates

Shriram Finance Ltd, the flagship financial services company of the Shriram Group, has announced changes to its fixed deposit (FD) interest rates, effective from June 26, 2025.

In its latest update, the company is offering additional perks for specific depositor groups:

• Senior citizens (aged 60 and above) will receive an extra 0.50% interest per annum.

• Women depositors will get a 0.05% annual bonus rate on their FDs.

However, the overall interest rates are seeing slight downward adjustments:

• The 12-month FD rate will drop from 7.65% to 7.35%.

• Investing through digital platforms, the 15-month FD rate will be revised from 7.90% to 7.50%.

Shriram Finance emphasized these changes in a statement on Wednesday, noting that the adjustments are part of routine updates aligned with market trends.

(With inputs from agencies.)