Unnati Jubilee FD Interest Rate: Special Unnati Jubilee Fixed Deposit Scheme has been launched with an attractive interest rate to woo investors.
New Delhi: NBFC company Shriram Finance has launched Special Unnati Jubilee Fixed Deposit Scheme (Unnati Jubilee FD Interest Rate) with attractive interest rate to woo investors. The company has announced an interest rate of 9.15 percent while offering higher interest rates to investors. Interest rates on Special Unnati Jubilee FD will be effective from 5 April 2023.
Investors are being given the opportunity to invest for a period of 50 months on Shriram Finance’s new special Unnati Jubilee Fixed Deposit Scheme. In this scheme, the highest interest rate of up to 9.15 percent per annum is being given to women senior citizens. The finance company has said that the 48-month investment scheme is closing on April 15, 2023. Whereas, till March 9, 2023, no change has been made in other schemes.
Interest rates on Shriram Unnati Jubilee Deposit
| Jubilee Deposit (Tenure – 50 months) | ||||||
| Non-Cumulative Deposits | Cumulative Deposits | |||||
| Investment | Monthly | Quarterly | Half | Yearly | Effective | Maturity |
| Type | % p.a. | % p.a. | Yearly % p.a. | % p.a. | Yield | Value for Rs.5,000/- |
| % p.a. | ||||||
| Fresh | 8 | 8.2 | 8.3 | 8.5 | 9.7 | 7,025 |
| Women | 8 | 8.3 | 8.4 | 8.61 | 9.9 | 7,050 |
| Renewal | 8 | 8.5 | 8.6 | 8.77 | 10 | 7,095 |
| Women Renewal | 9 | 8.6 | 8.7 | 8.88 | 10 | 7,125 |
| Senior Citizen | 9 | 8.8 | 8.8 | 9.04 | 10 | 7,170 |
| Senior Citizen Women | 9 | 8.9 | 9 | 9.15 | 11 | 7,200 |
| Senior Citizen Renewal | 9 | 9 | 9.1 | 9.31 | 11 | 7,245 |
| Senior Citizen Women Renewal | ||||||
| 9 | 9.1 | 9.2 | 9.42 | 11 | 7,275 | |
Benefits of Shriram Finance FD Schemes
- Women investors will get an additional interest rate of 0.10 percent per annum.
- Senior citizens will get 0.50 percent additional interest annually.
- Senior citizen women will get 0.60 percent additional interest annually.
- All FD tenures are available for investment both offline and online.
Higher interest rate for senior citizens and women
Shriram Finance explained by giving an example that suppose someone offers a maximum annual interest rate of 8.5% on a deposit of 60 months. On this, senior citizens will get an additional .50 percent more interest, while elderly women will get a maximum interest rate of 0.10 percent to 0.25 percent.
How to apply for Shriram Finance Fixed Deposit
- Register using mobile number
- Invest by entering PAN details
- Enter FD tenure, KYC and bank details and complete your payment.
- Get FD receipts and maximize your returns.
