Shriram Finances hikes in FD rates: Check and compare fixed deposit interest rates for senior citizens, women
Shriram Finance has revised its fixed deposit (FD) interest rates across all tenures effective from Sunday, 11 October 2026, the company said in an official release.
A non-banking finance company (NBFC), Shriram Finance is the flagship company of the Shriram Group, with fixed deposits 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.
Notably, this comes after the Reserve Bank of India (RBI) on 7 October raised repo rate by 25 bps to 5.50% from 5.25%, marking the first such increase since February 2023. Following the RBI Monetary Policy Committee’s decision, banks and NBFCs were expected to slowly and steadily also increase interest rates for customers.
Shriram Finance hikes interest rates: What’s changed?
As per the release, interest rates have been hiked by 0.15-0.40% across tenures, with
Investment plan rates also hiked: Details
Further, the company said it has also revised interest rates across tenures for its Fixed Investment Plan (FIP), with effect from 11 October 2026. Women depositors will receive an additional 0.05% p.a. benefit here as well, while other terms and conditions of the FIP remain unchanged, the release added.
Disclaimer: This story is for educational purposes only. We advise investors to check with certified experts before making any investment decisions.
