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Is it good to invest in Shriram Transport?

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Is it good to invest in Shriram Transport?

Is it safe to invest in Shriram Transport Finance Fixed Deposits? STFC FD is rated FAAA/Stable by CRISIL and MAA+ with Stable Outlook by ICRA. These ratings indicate high credit quality which in turn means a higher degree of safety.

Is Shriram Finance good?

The documentation process was simple and easy also the customer support is good with the loan. 0.5 4.0/5 “Great!” My personal account was taken with SRIRAM FINANCE , they charge very nominal rate of interest and even processing fee was too nominal . The tenure period is fine.

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Is Shriram Transport Finance bonds safe?

The Shriram Transport Finance NCDs have been rated ‘CARE AA+; Stable’ by CARE Ratings, ‘CRISIL AA+/Stable’ by CRISIL Limited and ‘IND AA+: Outlook Stable’ by India Ratings and Research Private Limited.

Is Shriram Rd safe?

The Shriram Transport Finance Company fixed deposits are rated FAAA / Stable by CRISIL, indicating high degree of safety and ‘MAA+ / with Stable Outlook’ by ICRA indicating high credit quality. The minimum amount of investment is Rs 5000 for cumulative deposit and Rs 10,000 for non-cumulative deposit.

What does Shriram Transport Finance do?

We are a part of the “SHRIRAM” conglomerate which has significant presence in financial services viz., commercial vehicle financing business, consumer finance, life and general insurance, stock broking, chit funds and distribution of financial products such as life and general insurance products and units of mutual …

How safe is Shriram Transport NCD?

Shriram Transport’s latest NCD issue was rated AA+, an investment grade level one notch below the highest AAA.

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What is the interest rate of Shriram Finance?

Shriram Transport Finance Company Limited offers different Fixed Deposit (FD) schemes at attractive interest rates and a tenure of up to 60 months….Domestic Term Deposits (Up to Rs. 5 crore): Cumulative Deposit.

Tenure Monthly Interest Rate (p.a.)
24 months 6.54\%
36 months 7.25\%
48 months 7.34\%
60 months 7.48\%

Is Shriram City and Shriram Transport same?

Shriram Capital Ltd (SCL) and Shriram City Union Finance (SCUF) will merge with Shriram Transport Finance Company (STFC) as part of restructuring in Shriram Group. The new entity, which will be the largest retail non-banking financial company (NBFC) in India, will be named Shriram Finance Ltd (SFL).

Who is the owner of Shriram Transport Finance?

Shriram Group

Type Conglomerate
Founded 5 April 1974 in Chennai, Tamil Nadu, India
Headquarters Chennai, India
Area served India
Key people Ramamurthy Thyagarajan (chairman)

Who is the owner of Shriram Transport finance Company?

You can view name of Chairman, CEO, CFO, Management Team, Board of Directors and Key Executives of Shriram Transport Finance Company Ltd….PREMARKET.

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Management
Parag Sharma Chief Financial Officer
Pradeep Kumar Panja Independent Director
S Lakshminarayanan Chairman(NonExe.&Ind.Director)

Who is the owner of Shriram Transport finance?

How can I buy Shriram Transport Finance in NCD?

It provides financing for pre-owned commercial vehicles, new commercial vehicles and even commercial vehicle operators….

Issuer Shriram Transport Finance Company Limited
Base Issue Rs 300 Crore
Issue Price Rs. 1000 per NCD
Coupon Rate Upto 9.70\% * ( 0.25\% Additional For Sr. Citizens)
Face value Rs 1,000 per NCD