Shriram City Union Finance FD

Deposit Interest Rates in the Shriram City Union Finance Fixed Deposits for our company. The new rates become effective from 1^stSeptember 2015.

The Interest Rates structure will be as under:

DEPOSIT (SCUF) NORMAL SCHEME (W.E.F. 1st Sept 2015)
	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	8.65	8.71	8.81	9.00	9.00	5,450
24	8.65	8.71	8.81	9.00	9.41	5,941
36	8.88	8.95	9.05	9.25	10.13	6,520
48	8.88	8.95	9.05	9.25	10.62	7,124
60	8.88	8.95	9.05	9.25	11.13	7,783

Additional Interest for Senior Citizen Deposits has been reintroduced and will be 0.25%. The senior citizen benefit will be based on effective date /date of deposit. The investor must be /should have been a senior citizen on the date of deposit to get the benefit of senior citizen rate.

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