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Monday, February 2, 2015

Shriram City Union Finance Fixed Deposit

 Shriram City Union Finance Ltd has revised the interest rates applicable on their Fixed Deposit scheme w.e.f. 1st February 2015. The revised interest rates applicable are as under:

DEPOSIT NORMAL SCHEME

Non-cumulative Deposits

Cumulative Deposit

Period (months)

Monthly %

Quarterly %

Half yearly %

Yearly %

Effective Yield % pa

maturity value for Rs 5000/-

12

8.88

8.95

9.05

9.25

9.25

5,463

24

9.34

9.41

9.52

9.75

10.23

6,023

36

9.80

9.88

10.00

10.25

11.34

6,701

48

9.80

9.88

10.00

10.25

11.94

7,388

60

9.80

9.88

10.00

10.25

12.58

8,145

DEPOSIT SENIOR CITIZEN SCHEME

Non-cumulative Deposits

Cumulative Deposit

Period (months)

Monthly %

Quarterly %

Half yearly %

Yearly %

Effective Yield % pa

maturity value for Rs 5000/-

12

9.11

9.18

9.28

9.50

9.50

5,475

24

9.57

9.65

9.76

10.00

10.50

6,050

36

10.03

10.11

10.24

10.50

11.65

6,747

48

10.03

10.11

10.24

10.50

12.28

7,456

60

10.03

10.11

10.24

10.50

12.96

8,239

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