Mumbai : Shriram Finance Limited (SFL), the flagship company of the Shriram Group, has announced a revision in interest rates on Fixed Deposits (FDs) across various maturity tenures. The revised rates will be effective from May 6, 2026.
The rate revision follows the recent upgrade of SFL’s long-term credit ratings for Bank Loan Facilities, Non-Convertible Debentures, Subordinated Debt, and Fixed Deposit Programmes to AAA (Stable) — the highest rating on each agency’s respective scale, by CRISIL Ratings, ICRA, India Ratings & Research, and CARE Ratings.
The Fixed Deposits are rated “CRISIL AAA/Stable” by CRISIL Ratings, “[ICRA]AAA (Stable)” by ICRA, “IND AAA/Stable” by India Ratings and Research, and “CARE AAA/Stable” by CARE Ratings.
Revised Interest Rates (Effective May 6, 2026)
Deposits up to Rs. 10 Crore
| Tenor | Existing Rate p.a. | Revised Rate p.a. |
| 12 months | 7.00% | 6.75% |
| 15 months (Digital Only) | 7.25% | 7.05% |
| 18 months – 23 months | 7.15% | 7.00% |
| 24 months – 35 months | 7.25% | 7.05% |
| 36 months – 60 months | 7.60% | 7.25% |
Additional benefits will continue to apply as follows:
- Senior Citizens (aged 60 years or above at the time of deposit/renewal) are eligible for an additional interest of 0.50% p.a.
- Women depositors will receive an additional 0.05% p.a.
- Renewals of matured deposits will attract an additional 0.15% p.a.
Deposits will be accepted in multiples of Rs. 1,000/-, subject to a minimum amount of Rs. 5,000/-.
Fixed Investment Plan (FIP) — Revised Rates (Effective May 6, 2026)
| Tenor | Existing Rate p.a. | Revised Rate p.a. |
| 12 – 23 months | 7.00% | 6.75% |
| 24 – 35 months | 7.25% | 7.05% |
| 36 – 48 months | 7.60% | 7.25% |
Additional benefits will continue to apply as follows:
- Women depositors will receive an additional 0.05% p.a.
- Other terms and conditions of the Fixed Investment Plan (FIP) shall remain unchanged.
FIP instalment will be accepted in multiples of Rs. 500/- subject to a minimum amount of Rs. 1,000/-.