According to the company, the upgraded ratings apply to its bank loan facilities, non-convertible debentures, subordinated debt and fixed deposit programmes, reflecting improved credit strength and stability.
FD rates revised across tenures
Shriram Finance said it has adjusted interest rates across select tenures for deposits up to ₹10 crore. For instance, the rate for a 12-month deposit has been reduced from 7.00% to 6.75% per annum. A 15-month digital-only deposit continues to offer a higher rate compared to shorter tenures.
| Tenor | Existing Rate p.a. | Revised Rate p.a. |
| 12 months | 7.00% | 6.75% |
| 15 months (Digital Only) | 7.25% | 7.05% |
| 18 months – 23 months | 7.15% | 7.00% |
| 24 months – 35 months | 7.25% | 7.05% |
| 36 months – 60 months | 7.60% | 7.25% |
The company added that deposits will be accepted in multiples of ₹1,000, with a minimum investment of ₹5,000.
Additional benefits for select investors
The company will continue to offer extra interest benefits to certain categories of depositors. Senior citizens (aged 60 years and above) are eligible for an additional 0.50% per annum. Women depositors will receive an extra 0.05% per annum, while renewals of matured deposits will attract an additional 0.15% per annum.
Fixed Investment Plan (FIP) rates also revised
Shriram Finance has also revised rates under its Fixed Investment Plan (FIP), effective on the same date.
Women investors under the FIP will continue to get an additional 0.05% per annum, the company said, adding that other terms and conditions remain unchanged.
| Tenor | Existing Rate p.a. | Revised Rate p.a. |
| 12 – 23 months | 7.00% | 6.75% |
| 24 months – 35 months | 7.25% | 7.05% |
| 36 months – 48 months | 7.60% | 7.25% |
FIP instalments will be accepted in multiples of ₹500, subject to a minimum amount of ₹1,000.
(Edited by : Jomy)
First Published: Apr 19, 2026 4:30 PM IST
