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business news News : প্রবীণদের অতিরিক্ত সুবিধা, ফিক্সড ডিপোজিটে সবথেকে বেশি সুদ দিচ্ছে এই সংস্থা! - this nbfc offers highest interest rate on fixed deposits

business news News : প্রবীণদের অতিরিক্ত সুবিধা, ফিক্সড ডিপোজিটে সবথেকে বেশি সুদ দিচ্ছে এই সংস্থা! - this nbfc offers highest interest rate on fixed deposits
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Shriram City offers highest interest rate on fixed deposits along with additional benefits for senior citizens

Shriram City Union Finance ANI | Updated: Dec 16, 2020 16:19 IST New Delhi [India], December 16 (ANI/NewsVoir): Shriram City Union Finance (Shriram City), India s largest two-wheeler financier and a leading deposit-accepting Non-Banking Finance Company (NBFC), has announced the highest interest rate of 8.40 per cent along with an additional 0.40 per cent for senior citizens on its Fixed Deposit (FD) schemes. Most importantly, it offers a monthly cumulative feature which results in the highest yield on your investment. Trusted by more than 5 million Indians across the country who choose the company s products for their financial planning, this NBFC is ranked amongst the largest lenders to MSMEs, besides accepting FDs on a big scale. A reputed name in the retail loan segment, Shriram City also offers Recurring Deposit (RD) schemes.

Shriram City offers highest interest rate on fixed deposits

Shriram City offers highest interest rate on fixed deposits
indiagazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiagazette.com Daily Mail and Mail on Sunday newspapers.

Shriram City Union Finance to raise up to Rs 200 cr through bonds

Shriram City Union Finance on Monday said it will raise up to Rs 200 crore by issuing bonds on private placement basis. The banking and securities management committee of the company at its meeting held on Monday approved issue of non-convertible debentures for an amount of Rs 100 crore with green shoe option up to Rs 100 crore, aggregating up to 2,000 NCDs amounting to Rs 200 crore, Shriram City Union Finance said in a regulatory filing. The bonds will be in the nature of secured, rated, listed, redeemable, principal protected market linked debentures (PP-MLD). The non-convertible debentures (NCDs) will be issued on a private placement basis in one or more tranches, it said.

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