Monday, February 2, 2015
by
Indian Real Estate News
Shriram City Union Finance Ltd has revised the interest rates applicable on their Fixed Deposit scheme w.e.f. 1st February 2015. The revised interest rates applicable are as under:
DEPOSIT NORMAL SCHEME |
| Non-cumulative Deposits | Cumulative Deposit |
Period (months) | Monthly % | Quarterly % | Half yearly % | Yearly % | Effective Yield % pa | maturity value for Rs 5000/- |
12 | 8.88 | 8.95 | 9.05 | 9.25 | 9.25 | 5,463 |
24 | 9.34 | 9.41 | 9.52 | 9.75 | 10.23 | 6,023 |
36 | 9.80 | 9.88 | 10.00 | 10.25 | 11.34 | 6,701 |
48 | 9.80 | 9.88 | 10.00 | 10.25 | 11.94 | 7,388 |
60 | 9.80 | 9.88 | 10.00 | 10.25 | 12.58 | 8,145 |
DEPOSIT SENIOR CITIZEN SCHEME |
| Non-cumulative Deposits | Cumulative Deposit |
Period (months) | Monthly % | Quarterly % | Half yearly % | Yearly % | Effective Yield % pa | maturity value for Rs 5000/- |
12 | 9.11 | 9.18 | 9.28 | 9.50 | 9.50 | 5,475 |
24 | 9.57 | 9.65 | 9.76 | 10.00 | 10.50 | 6,050 |
36 | 10.03 | 10.11 | 10.24 | 10.50 | 11.65 | 6,747 |
48 | 10.03 | 10.11 | 10.24 | 10.50 | 12.28 | 7,456 |
60 | 10.03 | 10.11 | 10.24 | 10.50 | 12.96 | 8,239 |
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