Shriram Finance increases FD interest rates up to 7.85%: Check new rates on 1, 2, 3and 5-year fixed deposits

Shriram Finance Limited has increased interest rates on its fixed deposits across several tenures. The new rates will come into effect on October 11, 2026, with depositors set to earn higher interest on deposits across all the tenures.

Shriram Finance has also announced the continuation of additional interest benefits for senior citizens and women depositors, along with an extra benefit for customers renewing matured deposits.

Also read: Bajaj Finance raises FD interest rates by up to 40 bps: Regular fixed depositors can get up to 7.75% rate; senior citizens can earn up to 8.15%

Shriram Finance FD interest rates: What has changed?

Shriram Finance has increased interest rates on fixed deposits with tenures ranging from 12 months to 60 months. The biggest revised rate in the list is 7.85% per annum for deposits with tenures of 36 months to 60 months.

The special 15-month digital-only deposit will now offer 7.5% per annum, up from 7.1%. Deposits with tenures of 24 months to 35 months will also earn 7.5%, compared with the earlier rate of 7.1%.

Here is a look at the existing and revised interest rates.

FD tenure	Existing interest rate	Revised interest rate
12 months	6.85%	7.00%
15 months (digital only)	7.10%	7.50%
18–23 months	7.05%	7.25%
24–35 months	7.10%	7.50%
36–60 months	7.50%	7.85%

Senior citizens to get additional interest on Shriram Finance FDs

Senior citizens aged 60 years or above at the time of making or renewing a deposit will receive an additional 0.50 percentage point interest per annum.

Women depositors will be eligible for an additional 0.05 percentage point interest per annum. Customers renewing matured deposits will receive an additional 0.15 percentage point interest per annum.

At these rates, investors in these categories will earn additional interest.

What should depositors check before investing?

As per the bank press release, “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.”

Investors should also review the deposit terms, premature withdrawal conditions and tax implications before investing their money in the FDs.