Group Entities | About Us | Investor Info. | Downloads | News Room | FAQs | Our Network
Sundaram Finance - Deposit Interest Rates
SENIOR CITIZEN SCHEME (effective January 16th, 2015)
(COMPLETED AGE : 60 YEARS ON THE DATE OF DEPOSIT)

Fixed Deposits
Term (months) Monthly % p.a. Quarterly % p.a.
12 9.43% 9.50%
18 9.43% 9.50%
24 9.43% 9.50%
36 9.43% 9.50%

Cumulative Deposits
Term (months) Rate (p.a at Quarterly rests) Maturity Value for Effective Yield % p.a.
Rs.10,000 /- Rs.1,000 /-
12 9.50% Rs.10,980 /- Rs.1,098 /- 9.80%
18 9.50% Rs.11,510 /- Rs.1,151 /- 10.07%
24 9.50% Rs.12,070 /- Rs.1,207 /- 10.35%
36 9.50% Rs.13,250 /- Rs.1,325 /- 10.83%

* Please enclose a copy of anyone of the following documents at the time of Deposit/Renewal as proof of Date of Birth
1. PAN Card   2. Passport   3. SSLC Certificate   4. Driving Licence   5. Pension Card   6. LIC Policy   7. Health Insurance Policy   8. Election Identity Card   9. Ration Card   10. Any other Government Certified Proof



DEPOSIT INTEREST RATES FOR OTHERS (effective January 16th, 2015 )

Fixed Deposits
Term (months) Monthly % p.a. Quarterly % p.a.
12 8.93% 9.00%
18 8.93% 9.00%
24 8.93% 9.00%
36 8.93% 9.00%

Cumulative Deposits
Term (months) Rate (p.a at Quarterly rests) Maturity Value for Effective Yield % p.a.
Rs.10,000 /- Rs.1,000 /-
12 9.00% Rs.10,930/- Rs.1,093/- 9.30%
18 9.00% Rs.11,430 /- Rs.1,143 /- 9.53%
24 9.00% Rs.11,950 /- Rs.1,195 /- 9.75%
36 9.00% Rs.13,060 /- Rs.1,306 /- 10.20%

* Minimum Deposit Rs.10,000/- per account
* Interest rates on existing deposits remain unchanged till maturity.


search