Shriram City Union Finance launches FD scheme at up to 10.53% p.a. yield
24th Aug 2020

Shriram City Union Finance has launched a high yield fixed deposit (FD) scheme to benefit its potential clientele in the best possible way. Shriram City has launched ‘Shriram City Fixed Deposit Scheme’ with the tenure of up to 5 years. The cumulative fixed deposit scheme offers 8.09% p.a. interest rate to its valued customers with an additional 0.40% p.a. interest to senior citizens which altogether results in effective yield of 9.94% p.a. and 10.53% p.a. respectively. The Non-Cumulative scheme which gives pay-out in regular intervals attracts an interest rate of 8.40% p.a. and an additional 0.4% p.a. to the senior citizens for a tenure of 5 years.

Shriram City Union Finance is India’s premier financial services company specializing in small-ticket retail finance.