Product Features

Shriram Transport Finance Company FD rated "FAAA/Stable" by CRISIL (indicates high degree of Safety) and "MAA+/ with Stable Outlook" by ICRA (Indicates high credit quality)

Non Cumulative Deposits

It is a Deposit where the interest is paid at Monthly/Quarterly/Half Yearly/Yearly intervals. These Deposits are accepted in multiples of Rs.1,000/- subject to a minimum amount of Rs.10,000/- per Deposit.

Interest for Non-Cumulative Deposits will be paid as per below given schedule:-

  • Monthly - Last Day of Every Month
  • Quarterly - Last Day of March/June/September/December
  • Half Yearly - Last Day of March/September
  • Yearly - Last Day of March

Interest Payment Modes:

  • Through ECS/NEFT
  • Post dated interest warrants where ECS/NEFT facility is not available.

Cumulative Deposits

It is a Deposit where the interest is paid at the time of maturity along with the Principal amount. These Deposits are accepted in multiples of Rs. 1,000/- subject to a minimum amount of Rs.5,000/- per Deposit.