Saving-Ideas.com

Icon

Personal Finance Blog India –

Shriram Transport Finance Fixed Deposits


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.

 

Interest Rates: 

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/-.
1 8.25% 27,063
2 8.50% 29,431
3 8.50% 31,932
4 8.75% 34,967
5 8.75% 38,026

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:

dyerware.com

STFC – Annual Operative Income Review:

dyerware.com

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.

 


Advertisement:

Categories

Categories

Blog Archives

See How Much Interest Your Saving Have Generated!!!Final Value will be Original Principal + Interest generated

Blog Author

Blog Author

Who's Online

16 visitors online now
8 guests, 8 bots

Disclaimer

Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
16 visitors online now
8 guests, 8 bots, 0 members
Max visitors today: 20 at 01:19 pm UTC
This month: 34 at 12-03-2017 06:21 pm UTC
This year: 56 at 02-27-2017 10:53 am UTC
All time: 363 at 09-23-2016 05:45 am UTC
Thank You For Visiting This Blog!!!