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Shriram Finance revises fixed deposit rates from May 6 after AAA rating upgradeShriram Finance has revised its fixed deposit and Fixed Investment Plan rates effective May 6, 2026, after securing top-tier AAA ratings from multiple agencies. While rates see a slight cut across tenures, the company continues to offer additional benefits for senior citizens, women, and renewing investors.By Priyanka Deshpande  April 19, 2026, 4:31:06 PM IST (Updated)2 Min ReadShriram Finance Limited on Sunday, April 19, has announced a revision in interest rates on its fixed deposits (FDs), with the new rates set to come into effect from May 6, 2026. The move follows a recent upgrade in the company’s long-term credit ratings to the highest “AAA (Stable)” category by agencies including CRISIL Ratings, ICRA, India Ratings & Research and CARE Ratings.

According to the company, the upgraded ratings apply to its bank loan facilities, non-convertible debentures, subordinated debt and fixed deposit programmes, reflecting improved credit strength and stability.

FD rates revised across tenures

Shriram Finance said it has adjusted interest rates across select tenures for deposits up to ₹10 crore. For instance, the rate for a 12-month deposit has been reduced from 7.00% to 6.75% per annum. A 15-month digital-only deposit continues to offer a higher rate compared to shorter tenures.

TenorExisting Rate p.a. Revised Rate p.a.12 months7.00%6.75%15 months (Digital Only)7.25%7.05%18 months – 23 months7.15%7.00%24 months – 35 months7.25%7.05%36 months – 60 months7.60%7.25%

The company added that deposits will be accepted in multiples of ₹1,000, with a minimum investment of ₹5,000.

Additional benefits for select investors

The company will continue to offer extra interest benefits to certain categories of depositors. Senior citizens (aged 60 years and above) are eligible for an additional 0.50% per annum. Women depositors will receive an extra 0.05% per annum, while renewals of matured deposits will attract an additional 0.15% per annum.

Fixed Investment Plan (FIP) rates also revised

Shriram Finance has also revised rates under its Fixed Investment Plan (FIP), effective on the same date.

Women investors under the FIP will continue to get an additional 0.05% per annum, the company said, adding that other terms and conditions remain unchanged.

TenorExisting Rate p.a. Revised Rate p.a.12 – 23 months7.00%6.75%24 months – 35 months7.25%7.05%36 months – 48 months7.60%7.25%

FIP instalments will be accepted in multiples of ₹500, subject to a minimum amount of ₹1,000.Continue Reading(Edited by : Jomy)First Published: Apr 19, 2026 4:30 PM ISTTagsfixed deposit interest ratesShriram Finance