ABOUT SHRIRAM TRANSPORT FINANCE:
Shriram transport finace is one of the biggest commercial vehicle finance company registered with rbi u/s. 451a of reserve bank of india act 1934.
STFC was established in 1979 and currently it have 484 branches and service centres across india.
It is a part of Shriram group which has significant presence in financial as well as non-financial services viz.commercial vehicle finance,consumer finance,life & general insurance business , stock broking,distribution of financial products,EPC of engineering projects and informational technology.
company have total net asset of more than 30,000 Crores till financial year ended on March 2014.
COMPANY IN OPERATION: SINCE 1979.
CREDIT RATINGS OFFERED ARE “FAA+” FROM CRISIL AND “MAA+” FROM ICRA INDICATES THE HIGHEST SAFETY.
Senior Citizens are eligible for additional 0.25% interest rate.
(Last updated, May 01, 2016)
|Period(Yrs)||Interest Rates||Approximate Maturity amount of Rs.25,000/-.|
Non-cumulative deposits available with Monthly,quarterly,Half-yearly and Yearly interest payout options with discounted interest rates.
Review Of STFC – Annual Profit After Tax PAT:
STFC – Annual Operative Income Review:
Overall,Shriram Transport finance is a good company with consistent track record & good deposit rates for period of 3 yrs & above .So consider to deposit some part in Shriram Transport Fixed Deposits.