Jan 17, 2011

Shriram Transport Finance Company (STFC) Unnati Fixed Deposit January 2010

Shriram Transport Finance Company (STFC) Unnati Fixed Deposit January 2010
.
Shriram Commercial Vehicle FinanceAbout the company. STFC is India’s largest asset financing non-banking financial corporation (NBFC) with over Rs 30,000 crore of assets under management (AUM). The company has a customer base of over 600,000. Its AUM has grown by a compounded annual growth rate of over 65 per cent in the last four years.

Rating: This FD scheme has been assigned a FAA+/stable rating by Crisil and an MAA+/stable rating by ICRA.

Issue details: The minimum investment is Rs 25,000. Interest payment options available are quarterly, half-yearly, annual as well as cumulative. The minimum investment period is one year, while the maximum is five years.

Scheme Rates

 Period
    Non Cumm
      Non Cumm
CUMULATIVE


(Months)
YEARLY (% p.a)
QUARTERLY (p.a)
YIELD ( p.a)


12
9.25
8.95
9.25


24
9.75
9.41
10.23


36
10.75
10.34
11.94


48
10.75
10.34
12.6


60
10.75
10.34
13.32



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
To Apply this Issue Call: 0-9910-009-312 or write to us at info@safeinvestindia.com

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