New Delhi [India], September 21 (ANI/NewsVoir): Even as other banks and NBFCs have slashed interest rate on fixed deposits in the current challenging market scenario, Shriram City Union Finance (Shriram City), one of India’s leading deposits accepting NBFCs, has launched a high yield cumulative fixed deposit (FD) scheme called “Shriram City Fixed Deposit (Cumulative & Non-Cumulative Scheme)” with the tenure of up to five years that offers highest interest rate in the market much beyond the expectations of the investors.
Does Shriram City Union finance offer fixed interest rates? Shriram City Union Finance offers competitive interest rates on personal loans depending on the applicant’s profile, and hence the rates are not fixed.
What is the rise in fixed deposit rates in Shriram city? Shriram City Union Finance Ltd. (Shriram City), one of the leading Non-Banking Financial Company (NBFC), and part of the Shriram Group, declared a 5 to 25 basis point (0.05%p.a. to 0.25%p.a.) rise in fixed deposit rates across different tenures.
Is it safe to invest in Shriram finance FD? These indicate the highest degree of safety and high credit quality, respectively, hence investing in Shriram Finance FD is safe. Tenure: The tenure of Cumulative FD is available in 12, 24, 36, 48 and 60 months. Interest: The interest rates range between 7.25% to 8.09% per annum.
Is Shriram city offering additional 10 bps PA on FD deposits? The lender is offering an additional 10 bps p.a on FD deposits to women. Shriram City Union Finance Ltd. (Shriram City), a two-wheeler financer and part of the Shriram Group announced a hike in the fixed deposit rates by 5 to 25 basis points (0.05 percent p.a. to 0.25 percent p.a.) across different tenures.
shriram city union finance news
What happened to Shriram finance? Shriram Finance saw 17. 4 cr new shares list today post amalgamation after which some selling pressure has emerged on the counter. The stock has continued to decline today. Recently, the three-way merger of Shriram City Union and Shriram Capital with Shriram Transport was completed. The merged entity was listed on exchanges w. e. f.
What is Shriram finance (SHFL)? The lending business of the Shriram Group, re-christened ‘Shriram Finance’ (SHFL), post the merger of Shriram Transport Finance (SHTF) and Shriram City Union Finance (SCUF), was listed on the exchanges with effect from December 20.
How many equity shares of Shriram finance are listed? 17,43,44,710 equity shares of Rs 10 each of Shriram Finance were listed and permitted for trade on the exchange with effect from Thursday, December 29, 2022. Enter the characters shown in the image.
Is Shriram transport finance a good NBFC? 1 min read . Updated: 30 Dec 2022, 04:06 PM IST Livemint Large NBFCs such as Shriram Transport Finance are relatively better off than the rest but may not be completely free of stress.mint The lender is a merged entity of Shriram City Union Finance and Shriram Transport Finance.
Does Shriram City Union finance offer fixed interest rates?
What is Shriram City Union finance’s fixed deposit rate hike? Shriram City Union Finance Ltd. (Shriram City), has hiked its fixed deposit rates by 5 to 25 basis points (0.05% p.a. to 0.25% p.a.) across different tenures. With this hike, senior citizen customers can earn interest up to 8.80% on FDs while others can get up to 8.30% interest. The revised interest rate will be effective from Oct 14, 2022.
How much interest does Shriram city offer? Shriram City offers up to 8.80% interest on Fixed Deposits. What you should know before investing? | The Financial Express Shriram City offers up to 8.80% interest on Fixed Deposits. What you should know before investing?
What are the benefits of Shriram City Union Finance FD scheme? The Shriram City Union Finance FD Scheme offers various benefits to its customers, including tenure flexibility, easy-on-pocket tenure amounts, additional senior citizen benefits, etc. The benefits and features of the Shriram City Union Finance Fixed Deposits are as follows:
Is Shriram city offering additional 10 bps PA on FD deposits? The lender is offering an additional 10 bps p.a on FD deposits to women. Shriram City Union Finance Ltd. (Shriram City), a two-wheeler financer and part of the Shriram Group announced a hike in the fixed deposit rates by 5 to 25 basis points (0.05 percent p.a. to 0.25 percent p.a.) across different tenures.