Shriram Transport Finance Company Limited (STFC) a part of the Shriram Group, announced a hike in fixed deposit rates by 15 to 25 basis points (0.15 percent p.a. to 0.25 percent p.a.) across different tenures.
The new rates will come into effect from Friday, May 20, 2022.
Interest rates on Fixed Deposits through regular channels | Shriram Transport Finance Co
Interest rates on Fixed Deposits through the Company website (www.stfc.in): | Shriram Transport Finance Co
An additional interest of 0.50 percent per annum will be paid to Senior Citizen depositors, which was 0.30 percent percent earlier.