SHRIRAM TRANSPORT FINANCE - UNNATI

 Company Overview:

 With a track record of about 30 years Shriram Transport is one of the leading organised finance providers for commercial vehicles. Shriram Transport is a diversified, end to end provider of finance solutions to the domestic road logistics industry in the country.

 Key Features:

  • Credit Rating: Shriram Transport Finance - Unnati is a  AA+/stable by ICRA and AA+/stable by IND
  • Minimum Investment : Rs 5,000/- per deposit for Cumulative
                                      Rs 10,000/- per deposit for Non- Cumulative

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 Interest Rate Reckoner:

 

 

 

Interest rates w.e.f 09 th April 2024
DEPOSIT  NORMAL SCHEME
 
Non cumulative  Deposits
Cumulative Deposit
Period (months)
Monthly % p.a
Quarterly % p.a
Half yearly % p.a
Yearly %p.a
Rate % (p.a at monthly rests )
Effective yield % p.a.
maturity value for Rs 5000/-
12
7.59
7.63
7.71
7.85
7.59
7.85
5,392
18
7.73
7.77
7.85
8
7.73
8.16
5,612
24
7.87
7.92
8
8.15
7.87
8.49
5,849
30
8.05
8.1
8.18
8.35
8.05
8.88
6,110
36
8.38
8.43
8.52
8.7
8.38
9.49
6,423
42
8.42
8.47
8.56
8.75
8.42
9.75
6,706
50
8.47
8.52
8.62
8.8
8.47
10.1
7,107
60
8.47
8.52
8.62
8.8
8.47
10.5
7,625

 

 

·         0.50% additional for senior citizen

·         0.10% additional for women

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