Why Deposits

For those with low risk appetite, fixed deposits provide perfect solution for safe and secure investment. Fixed deposit has traditionally been one of the first saving instruments in India because of the following advantages:

  • EASE OF BUYING: Easy for customer to buy fixed deposit as it is available both online and offline.
  • FIXED RETURNS: In the era of falling interest rates, Fixed deposits offer assured and stable returns.
  • ATTRACTIVE RETURNS FOR SENIOR CITIZENS: Extra rate of interest for senior citizens.
  • FLEXIBILITY OF TERM: Money can be invested in fixed deposits with a range from 1 year to 5 years.
  • FLEXIBILITY OF INVESTMENT: With amount ranging from Rs.10,000 to unlimited, it offers wide range of investment opportunity.
  • PENSION: Fixed deposit can be used as pension as interest is available at monthly /quarterly/half yearly basis.
  • AVENUE FOR SURPLUS FUNDS: Having the feature of guaranteed return, one would be assured while parking the funds for short/long term.

Why to Invest in Shriram Group?

  • Attractive returns on investment with highest security
  • Decentralized Branch Network for personalized local services
  • Regular communication with investors about progress of the group through quarterly newsletter “Shriram News”
  • Proven Track Record of more than 3 decades
  • Multiple Financial services under one roof (Financial Supermarket)
  • Dedicated wide spread Agency Network

Why to Invest in Shriram Transport Finance Co.?

  • Financed products are Earning assets
  • Low gestation period
  • Cash & carry business
  • Risk spread throughout the country
  • Secured asset by insurance
  • Unique Registration/Identification
  • Movable asset hence easy to reposes

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.

Advantages of Investing in an SIP

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.

Established in 1979, Shriram Transport Finance Company (STFC) is one of India’s largest professionally managed asset finance company which specializes in commercial vehicle finance.

  • With market share of 25%, the company is the leader in used truck finance and vehicle finance industry.
  • We have expertise in loan origination, valuation and collection, construction equipment and road logistics.
  • We have won “Best PE-Backed Company Award for 2008” in research-cum-survey conducted by Venture Intelligence.
  • We were also awarded “Gold Shield” for “Excellence in Financial Reporting” by the Institute of Chartered Accountants of India (ICAI).
  • Company’s Fixed Deposits have “FAAA/stable” by CRISIL that indicates high degree of safety and MAA+/stable” by ICRA indicating high credit quality.
  • Widely spread across India with more than 853 branches, tie-ups with 500 private financiers and 803 rural centres across the country.
  • The company has more than 19,170 employees.
  • More than 13,00,000 Trucks Financed, with Rs.72,761 Crores of Assets under Management as on 31-March-2016.


Equity Investments by “Chrys Capital” – “CITICORP” – “AXIS BANK” – “NEWBRIDGE CAPITAL- USA” “Piramal Group”

Being a part of three decade-old Chennai-based Shriram Group, Shriram City Union Finance (SHRIRAM CITY) was established in 1986. SHRIRAM CITY is premier financial services company in India working as a deposit-accepting non-banking financial company (NBFC) and specializes in retail finance.

SHRIRAM CITY offers a wide range of financing options for two wheelers, three wheelers, four wheelers (both new & pre-owned, passenger & commercial), personal loans, small business loans and loan against gold. SHRIRAM CITY is a dominant player in the field of providing finance and the only NBFC offering a wide range of products under one roof.

SHRIRAM CITY has more than 1000 business outlets across the country. It enjoys a high credit rating, as well as listing on the BSE, NSE & Madras Stock Exchanges with current mkt. capitalization of Rs.13973.46 crore. Company lends around Rs.357 Crores a month in between Rs.30000/- to Rs. 5 lakhs each, with tenure ranging from 12 to 36 months. It has serviced over 29 Lakhs customers till date and adds on an average 85,000 new customers every month. Assets Under Management have recorded 18.2% growth YOY taking it to 23132 crore as on 31st March, 2017.

Fixed Deposit : STFC – Shriram Unnati, SCUF – Shriram Siddhi
  • Available only with Shriram Transport Finance Co. Ltd and Shriram City Union Finance Ltd.
  • STFC : Rated “FAAA/stable” by CRISIL indicating high degree of safety & “MAA+ stable” by ICRA indicating high credit quality.
  • SCUF : Rated “Fitch tAA- (ind)” & “CARE AA+(FD)” by CARE & “FAA/Stable” by CRISIL & “MAA+/Stable” by ICRA
  • Available with tenure of 12,24,36,48 & 60 months
  • Available on Monthly, Quarterly, Half Yearly, Yearly & cumulative interest frequency.
  • Interest payment through NEFT.
  • Minimum application amount Rs. 5,000 for cumulative & Rs.10, 000 for non-cumulative & in multiples of Rs. 1 thereafter.
  • Liquidity available after 3 months of investment, by way of loan or foreclosure.