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It seems it is targeted offer only as of now.Please provide more information. Who is their banking partner? And is it insured by DICGC?
true. for now...It seems it is targeted offer only.
It might be 9.1% for senior citizens and around 8.25 or 8.5 for others.Not 9.1% but 'upto 9.1%'. In any offer / deal, i never reach to the upto mark. 😁
Certain nbfc like (sriram transport),SFB offer such interest rates ,these rates include women and elderly for whom 0.1% & 0.5% extra will be provided respectively
does it have option for monthly interest payout ?
just to confirm, I hope you are referring to the below linkIn our experience, Sriram Finance is very good. Product wise, service wise and accounting wise. Top rated. Very prompt in interest payments and in providing TDS certificates. Very happy.
The only downer - no pre-mature closure. We have no issues with that.
My wife has invested a few lakhs, as FD, in ShreeRam Finance. It's over 5 years now. Renewed once after initial 3 yrs tenure. Fully automated and online. Monthly interests n principle - Credited to the designated bank account - not delayed even once. Reportrd in Traces much earlier than some banks. Very happy.just to confirm, I hope you are referring to the below link
Can you please let me know how long you are invested in it and how was the renewal/redeem principal+interest experience from your end as got a feedback they are good during renewal process but less attentive/slow during redeem option but I guess all is now online which means after maturity, prinicipal+interest will automatically flow to the mentioned savings account or is it manually (online or offline) we need to do it?
FD Interest Rates - Get up to 9.40%* p.a. including senior citizens
Check out the highest FD interest rates at Shriram Finance. Invest your money in our Fixed Deposit scheme & enjoy more incredible benefits.www.shriramfinance.in
thanks for your feedback..My wife has invested a few lakhs, as FD, in ShreeRam Finance. It's over 5 years now. Renewed once after initial 3 yrs tenure. Fully automated and online. Monthly interests n principle - Credited to the designated bank account - not delayed even once. Reportrd in Traces much earlier than some banks. Very happy.