Fixed Deposit Rates – July 2018. Get Fixed Deposits Interest upto 10.56%

Recently Fixed Deposits rates of Shriram Transport Finance Company Limited are revised on 15 June 2018. Now Shriram is offering Fixed Deposits rates up to 10.56%.

General

Non cumulative  Deposits Cumulative Deposit
Period (months) Monthly % p.a Quarterly % p.a Half yearly % p.a Yearly %p.a Effective yield % p.a.  maturity value for Rs 5000/-
12 7.49 7.54 7.61 7.75 7.75 5,388
24 7.72 7.77 7.85 8.00 8.32 5,832
36 8.28 8.34 8.42 8.60 9.36 6,404
48 8.28 8.34 8.42 8.60 9.78 6,956
60 8.28 8.34 8.42 8.60 10.21 7,553

Senior Citizen

Non cumulative  Deposits Cumulative Deposit
Period (months) Monthly % p.a Quarterly % p.a Half yearly % p.a Yearly %p.a Effective yield % p.a.  maturity value for Rs 5000/-
12 7.72 7.77 7.85 8.00 8.00 5,400
24 7.95 8.00 8.08 8.25 8.59 5,859
36 8.51 8.57 8.66 8.85 9.66 6,449
48 8.51 8.57 8.66 8.85 10.10 7,020
60 8.51 8.57 8.66 8.85 10.56 7,640

Shriram is now offering addtional 0.15% interest on Renewals.

 

State Bank of India Fixed Deposits Interest Rates

Tenors Existing for Public w.e.f. 28.03.2018 Revised For Public w.e.f. 28.05.2018 Existing for Senior Citizens w.e.f. 28.03.2018 Revised for Senior Citizens w.e.f. 28.05.2018
7 days to 45 days
5.75
5.75
6.25
6.25
46 days to 179 days
6.25
6.25
6.75
6.75
180 days to 210 days
6.35
6.35
6.85
6.85
211 days to less than 1 year
6.40
6.40
6.90
6.90
1 year to less than 2 year
6.40
6.65
6.90
7.15
2 years to less than 3 years
6.60
6.65
7.10
7.15
3 years to less than 5 years
6.70
6.70
7.20
7.20

Source: https://www.sbi.co.in/portal/web/interest-rates/domestic-term-deposits

Leave a Reply

Your email address will not be published. Required fields are marked *