Senior Citizen Highest Interest Rate on Fixed Deposit: Fixed deposit is one of the favorite investment options even in today’s time. This company is offering attractive interest rates on FD.
New Delhi: A large number of people in India still prefer fixed deposits ie FDs for investment. The reason for this is that only at the time of investing, people get information about how much amount they will get at the time of maturity. Due to the continuous increase in the repo rate by the RBI, there has also been an increase in the returns on FDs. Meanwhile, an NBFC has offered depositors a handsome return of up to 9.15 per cent. Let us know the special things related to this scheme…
Shriram Finance Limited (SFL) has announced a special Fixed Deposit rate for Jubilee Deposit (Shriram Unnati Deposit). The company is offering attractive interest rates for 50 months Fixed Deposit (Shriram FD Scheme). Under this special offer, there is a chance to get up to 9.15% interest on fixed deposits. These rates will be effective from April 5, 2023.
Women investors will get more interest
The company has announced that women investors will get an additional interest of 0.10 percent per annum on fixed deposits. At the same time, senior citizens will get an additional interest of 0.50 percent per annum. On the other hand, if the senior citizen is a woman, then she will get an additional interest of 0.60 percent per annum as compared to the normal customer.
These rates will be applicable for both offline and online investments.
Interest rate under Shriram Unnati Jubilee Deposit:
non | cumulative | |||||
Investment | monthly | quarter | half year | annual | effective | 5,000/- |
New | 8.18 | 8.24 | 8.33 | 8.50 | 9.71 | 7,025 |
Woman | 8.28 | 8.34 | 8.43 | 8.61 | 9.85 | 7,050 |
Renewal | 8.43 | 8.49 | 8.58 | 8.77 | 10.06 | 7,095 |
Woman | 8.53 | 8.60 | 8.69 | 8.88 | 10.20 | 7,125 |
senior | 8.68 | 8.75 | 8.84 | 9.04 | 10.41 | 7,170 |
senior | 8.78 | 8.85 | 8.95 | 9.15 | 10.56 | 7,200 |
senior | 8.93 | 9.00 | 9.10 | 9.31 | 10.77 | 7,245 |
senior |