Shriram Finance Fixed Deposit Online opening: If you want to earn safe money in the Indian market, then people trust most for this on fixed deposits, in which there is not much difference from the market fluctuations, or if they say it is negligible. After the increase in the repo rate of the Reserve Bank of India, almost all the banks have increased the interest rates on their fixed deposits.
There are many other options available in the Indian market apart from Fixed Deposits which give you money back on maturity every month or 3 months or 6 months or even a year as a fixed deposit irrespective of the market volatility .
The interest on Shriram Finance is up to 10.4%.
If you make a fixed deposit on Shriram Finance, then for 5 years you will be given an interest of up to 8.9%, while if you keep this interest on maturity or autorenew every month, then this interest rate will reach you at an effective rate of 10.4% .
Money is also safe in Shriram Finance.
Like banks, all companies taking fixed deposits are rated in which Shriram Finance has got the status of SCUF Fixed Deposit rated MAA+ with Stable Outlook ensuring Safety & Security.
Shriram Finance Online Fixed Deposit
You have to go to Shriram Finance website to open fix deposit, where you will have to do your KYC and participate in the further process. You can also open this fixed deposit by visiting your nearest Shriram Finance office. Under this deposit, your money will increase by 1.54 times in just 5 years.
