Shriram Finance raises fixed deposit rates by up to 0.40%
In short
Shriram Finance has increased fixed deposit rates by 0.15% to 0.40% across different tenures, starting October 11, 2026. Senior citizens over 60 get an extra 0.50%, and women depositors get an extra 0.05% a year.
This matters for savers looking for better returns. The report does not say which tenures got the biggest changes or what the old rates were.
What the reporting says
Shriram Finance has revised fixed deposit rates by 0.15% to 0.40% across tenures, effective October 11, 2026, according to publisher-supplied reporting. The report says senior citizens over 60 get an additional 0.50% benefit and women depositors get an additional 0.05% annual benefit. It does not specify which tenures changed most or how the new rates compare with previous ones beyond the stated increase.
Why it matters
Shriram Finance has raised fixed deposit rates across tenures by 0.15% to 0.40%, effective October 11, 2026. The reporting also notes extra benefits of 0.50% for senior citizens over 60 and 0.05% annually for women depositors. The immediate effect is on retail depositors and funding costs, but the company’s rationale and full rate card are not stated.