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Shriram Finance FD Rates Jump After Top AAA Ratings
19 Apr
Summary
- Fixed deposit interest rates revised upwards effective May 6, 2026.
- Company's credit rating upgraded to highest AAA (Stable) by major agencies.
- Shriram Finance serves small transport operators and business owners since 1979.
Shriram Finance has revised its fixed deposit interest rates across various tenors, with the changes taking effect from May 6, 2026. This adjustment comes in the wake of an upgrade to the company's bank loan facilities, non-convertible debentures (NCDs), subordinate debt, and fixed deposit programs.
Leading rating agencies, including CARE Ratings, CRISIL Ratings, ICRA, and India Ratings & Research, have collectively upgraded Shriram Finance’s long-term credit rating to AAA (Stable), the highest possible category. Established in 1979, Shriram Finance is a comprehensive financial services provider.
The company specializes in financing for small road transport operators and small business owners. It holds a leading position in the organized financing of pre-owned commercial vehicles and two-wheelers. Shriram Finance offers a diverse range of products.
These include gold loans, MSME financing, passenger commercial vehicle loans, personal loans, tractor and farm equipment financing, and working capital loans. With a pan-India presence, the company operates through 3,225 branches and employs 77,724 individuals, serving 97.62 lakh customers as of the end of the 2025 fiscal year.
