Fixed Deposit

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Features of Fixed Deposit

Shriram Transport Finance Company FD rated “FAAA/Negative” by CRISIL (indicates a highest degree of Safety) and “MAA+/ with Stable Outlook” by ICRA (Indicates high credit quality)

Non-Cumulative DepositsCumulative Deposits
It is a Deposit where the interest is paid at Monthly/Quarterly/Half Yearly/Yearly intervals. These Deposits are accepted in multiples of Rs.1,000/- subject to a minimum amount of Rs.5,000/- per Deposit.
Interest for Non-Cumulative Deposits will be paid through National Electronic Fund Transfer (NEFT) as per below given schedule:-
• Monthly – Last Day of Every Month
• Quarterly – Last Day of March/June/September/December
• Half Yearly – Last Day of March/September
• Yearly – Last Day of March
It is a Deposit where the interest is paid at the time of maturity along with the Principal Amount. These Deposits are accepted in multiples of Rs. 1,000/- subject to a minimum amount of Rs.5,000/- per Deposit.