New FD rates by Shriram Finance: What women investors and senior citizens should know

Shriram Finance Limited (SFL) has revised interest rates on fixed deposits (FDs) across various maturity tenures for deposits up to Rs. 10 crore. The revised rates will be effective from May 6, 2026.

Shriram Finance FD interest rates

Tenor	Existing Rate p.a.	Revised Rate p.a.
12 months	7.00%	6.75%
15 months (Digital Only)	7.25%	7.05%
18 months – 23 months	7.15%	7.00%
24 months – 35 months	7.25%	7.05%
36 months – 60 months	7.60%	7.25%

FD interest rates for women and senior citizens

Senior citizens (aged 60 years or above at the time of deposit/renewal) are eligible for an additional interest of 0.50% p.a. Women depositors will receive an additional 0.05% p.a. Renewals of matured deposits will attract an additional 0.15% p.a.


Also read: Highest FD rates for senior citizen in 2026: PSU vs private vs small finance banks with best fixed deposit rates on 3-year tenure

Fixed Investment Plan (FIP): Revised rates (Effective May 6, 2026)

Tenor	Existing Rate p.a.	Revised Rate p.a.
12 – 23 months	7.00%	6.75%
24 – 35 months	7.25%	7.05%
36 – 48 months	7.60%	7.25%

Interest rate for women depositors

Women depositors will receive an additional 0.05% p.a. Other terms and conditions of the Fixed Investment Plan (FIP) shall remain unchanged. Note that FIP instalment will be accepted in multiples of Rs. 500, subject to a minimum amount of Rs. 1,000.

What does a AAA (Stable) credit rating signify for investors and depositors?

According to the Shriram Finance press release: "The rate revision follows the recent upgrade of SFL's long-term credit ratings for bank loan facilities, non-convertible debentures (NCDs), subordinated debt, and fixed deposit programmes to AAA (Stable), the highest rating on each agency's respective scale, by CRISIL Ratings, ICRA, India Ratings & Research, and CARE Ratings.

The Fixed Deposits are rated "CRISIL AAA/Stable" by CRISIL Ratings, "[ICRA]AAA (Stable)" by ICRA, "IND AAA/Stable" by India Ratings and Research, and "CARE AAA/Stable" by CARE Ratings.

What does Crisil AAA rating mean?

As per the Crisil website, "Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk."