Oct 20, 2009

SHRIRAM TRANSPORT FINANCE FIXED DEPOSIT SCHEMES

It is a deposit where the Interest is being paid at Monthly/Quarterly intervals. Fixed Deposits are accepted in multiples of Rs. 1,000/- subject to a minimum amount of Rs. 25,000/- per deposit account

Interest payment Date Months in which interest is payable
Quarterly
25thMarch, June, Sep, Dec
Interest Payment Modes :
- Post Dated interest warrants sent direct to depositors
- Direct to the depositor with bank details 
- Through RBI Electronic Clearance Service (ECS) 
- DD
CUMULATIVE DEPOSITS

Cumulative Deposits are accepted in multiples of Rs. 1,000/- subject to a minimum amount of Rs. 25,000/- per deposit account. For Deposit interest rates 


DEPOSIT INTEREST RATES (effective August 01, 2009)
FIXED DEPOSITS
Tenure
(months)
Quarterly
% p.a.
12 8.00 %
249.00 %
36, 48 & 60 10.00 %

CUMULATIVE DEPOSITS
Tenure
(months)
Rate 
(p.a at Quarterly 
rests)
Maturity Value for
Rs.25,000/-
128.25 %Rs. 27063/-
24 9.74 %Rs. 29870/-
3611.50 %Rs. 33625/-
4812.12 %Rs. 37120/-
6012.78 %Rs. 40975/-

* Minimum Amount Rs.25000/- 
* No monthly interest option available 
* Maturity Value for cumulative Deposits are rounded off to nearest rupee

For STFC Deposits Call @ 0-9818269396

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