Oct 1, 2015

Shriram Transport Finance Company Limited - October 2015

Shriram Transport Finance Company Limited (STFC), India's largest player in commercial vehicle finance, was established in the year 1979. The company has a network of 479 branches and service centers. STFC is the flagship company of the Shriram Group which has significant presence in Chit Funds, Consumer Durable Finance, Life Insurance, General Insurance, Stock Broking, Property Development, Project Engineering, and Wind Energy among others.

WHAT IS RATING?
'TAA' rating affirmed by FITCH

WHAT IS THE RATE OF INTEREST?
 
Period
Rate of interest for Individual(p.a.)
Rate of interest for Senior Citizen(p.a)
Minimum fixed deposit amount
Interest Pay Out
HALF YEARLY NON CUMULATIVE DEPOSIT
1   Years
8.81%
9.05%
Rs.10,000
Half Yearly
2   Years
8.81%
9.05%
Rs.10,000
Half Yearly
3   Years
9.05%
9.28%
Rs.10,000
Half Yearly
4   Years
9.05%
9.28%
Rs.10,000
Half Yearly
5   Years
9.05%
9.28%
Rs.10,000
Half Yearly
QUARTERLY NON CUMULATIVE DEPOSIT
1   Years
8.71%
8.95%
Rs.10,000
Quarterly
2   Years
8.71%
8.95%
Rs.10,000
Quarterly
3   Years
8.95%
9.18%
Rs.10,000
Quarterly
4   Years
8.95%
9.18%
Rs.10,000
Quarterly
5   Years
8.95%
9.18%
Rs.10,000
Quarterly
YEARLY NON CUMULATIVE DEPOSIT
1   Years
9.0%
9.25%
Rs.10,000
Annually
2   Years
9.0%
9.25%
Rs.10,000
Annually
3   Years
9.25%
9.5%
Rs.10,000
Annually
4   Years
9.25%
9.5%
Rs.10,000
Annually
5   Years
9.25%
9.5%
Rs.10,000
Annually
MONTHLY NON CUMULATIVE DEPOSIT
1   Years
8.65%
8.88%
Rs.10,000
Monthly
2   Years
8.65%
8.88%
Rs.10,000
Monthly
3   Years
8.88%
9.11%
Rs.10,000
Monthly
4   Years
8.88%
9.11%
Rs.10,000
Monthly
5   Years
8.88%
9.11%
Rs.10,000
Monthly
CUMULATIVE DEPOSIT -- Interest Compounded Monthly
1   Years
8.65%
8.88%
Rs.10,000
On maturity date
2   Years
8.65%
8.88%
Rs.10,000
On maturity date
3   Years
8.88%
9.11%
Rs.10,000
On maturity date
4   Years
8.88%
9.11%
Rs.10,000
On maturity date
5   Years
8.88%
9.11%
Rs.10,000
On maturity INdate


Interest Rate revising soon !
 
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