Is Shriram Transport FD Safe 2021?
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Is Shriram Transport FD Safe 2021?
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 Transport FD good?
Shriram City Union Finance offers a high fixed deposit interest rate and is reliable as indicated by ICRA rating of MAA+. This is the best and a secure way to invest in a fixed deposit.
Is Shriram FD safe Quora?
How safe is Shriram Transport Finance for investing in a fixed deposit? – Quora. Shriram Transport FD has a credit rating of “FAAA/Stable” by CRISIL that indicates a high degree of safety. These are also rated as “MAA+/with stable outlook” by ICRA, which indicates the high credit quality of the investment.
Can I break Shriram Finance FD?
The fixed deposit cannot be liquidated before 3 months, except in case of death. Withdrawal after 6 months: In case the investor chooses to do FD foreclosure after 6 months, the investor will be able to liquidate the FD, but the interest payable is 2\%–3\% lower than the interest rate applicable to public deposit.
Is Shriram Transport safe?
4) Shriram Transport FD has a highest credit rating of “FAAA/Stable” by CRISIL that indicates a high degree of safety. These are also rated as “MAA+/with stable outlook” by ICRA, which indicates the high credit quality of the investment.
What does Shriram Transport 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 …
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.
| Management | |
|---|---|
| Parag Sharma | Chief Financial Officer |
| Pradeep Kumar Panja | Independent Director |
| S Lakshminarayanan | Chairman(NonExe.&Ind.Director) |
What are the interest rates on fixed deposits?
Interest rate for 1 year – 5.5\%
What is a fixed deposit rate?
Fixed Deposit interest rates. A Fixed Deposit can usually earn up to 9\% per annum interest rate, but the rates may vary depending on the banks. The interest on Fixed Deposits is calculated by adding the compound interest earned on the Fixed Deposit amount to the principal amount.
What is fixed deposit?
What is a Fixed Deposit? As an investment instrument offered by banks and NBFCs (non-banking financial companies), Fixed Deposit is a great way to grow your savings with utmost safety. It is one of the most preferred avenues that enables you to deposit a lump sum amount with your financier, and choose a tenor as per your convenience.