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Fixed Investment Plan Interest Rates

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Interest Rates

  • Interest Rates up to 
    9.20%* p.a.

  • Including 0.50%* p.a. for Senior Citizens
    and 0.10%* p.a. for Women

FAQs

Can I withdraw my investment before the maturity date if the interest rate changes?

You can withdraw one or more instalments from your Fixed Investment Plan (FIP) as long as they have been active for more than 3 months since you made the respective instalment payment. If an FIP instalment hasn't reached 3 months yet, you won't be able to make a premature withdrawal.

How is interest paid on FIP?

The interest earned in an FIP investment throughout the tenure is paid upon maturity along with the principal amount.

Can we withdraw FIP after 3 years?

Yes, FIP provides the flexibility of premature withdrawal. To maximise returns and completely benefit from your investment, it is suggested to continue your Fixed Investment Plan (FIP) until maturity.

What is the interest rate for FIP for 3 years?

Calculating the interest rate for a 3-year Fixed Investment Plan depends on various factors such as age, gender, investment amount, instalment preferred etc. Make use of our Fixed Investment Plan Online Calculator and calculate your returns with ease.

What are the interest rates for FIP for 2 years? 

Calculating the interest rate for a 2-year Fixed Investment

Plan depends on various factors such as age, gender, investment amount, instalment preferred etc. Make use of our Fixed Investment Plan Online Calculator and calculate your returns with ease.

Can the Fixed Investment Plan Interest Rate change after I've made the investment?

The Fixed Investment Plan Interest Rate remains fixed for the entire duration of the investment. There are no changes in the interest rate once the investment is made.

Are Fixed Investment Plan Interest Rates guaranteed?

Yes. Fixed Investment Plan (FIP) Interest Rates are secure and unchanging. FIP is a dependable investment choice, assuring steady and guaranteed returns with unwavering interest rates that offer investors a sense of stability over the investment term.

What are the benefits of a higher Fixed Investment Plan Interest Rate?

A higher Fixed Investment Plan Interest Rate offers increased returns on your investment, leading to greater earnings over the chosen instalment period. This results in accelerated growth and better financial outcomes.

 How is the interest calculated on my Fixed Investment Plan?

The interest on your Fixed Investment Plan is calculated based on the chosen number of instalments and the applicable interest rate for that instalment range. For a hassle-free calculation, we recommend using our online calculator, for instant and accurate results for your convenience.

Is the Fixed Investment Plan Interest Rate fixed throughout the investment period?

Interest rate is fixed for the entire period of FIP. Interest will be computed on each instalment amount from the respective payment date or date of remittance whichever is later, until March 31st.

How is the Fixed Investment Plan Interest Rate determined?

The Fixed Investment Plan Interest Rate is determined based on the number of instalments chosen for investment. The rate is linked to the specific range that corresponds to the number of instalments selected by the depositor.

What is a Fixed Investment Plan Interest Rate?

The Fixed Investment Plan interest rate is determined by the number of instalments chosen for investment, rather than the plan's duration. For example, if a depositor selects 13 instalments, the interest rate will align with the range specified for 12 to 48 instalments, not based on the plan's duration.

Disclaimer

With regards to deposit taking activity of Shriram Finance Limited (’SFL’), Viewers may refer to detailed information and T&C provided in our application form available at  https://www.shriramfinance.in/downloads

The Company is having a valid Certificate of Registration dated 31st January 2023 issued by the Bank under section 45-IA of the RBI Act. However, the Reserve Bank of India does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

Maximise savings with a Fixed Investment Plan