Tuesday, May 26, 2009

Revision of Interest rate on Shriram Transport Finance Co. Ltd.

Final Interest rate, with yield are as under-
 
Period          Interest Rate          Cumulative Yield     Rs. 25000/- becomes
                         ( Qutrly)
1 Year              9.00                              9.30                         Rs. 27,325
 
2 Year              9.50                              10.33                       Rs. 30,165
 
3 Year             10.00                             11.49                       Rs. 33,618
 
4 Year             10.00                             12.12                       Rs. 37,120
 
5 Year             10.00                             12.77                       Rs. 40,963
 
Please note that minimum investment is Rs. 25,000
Rest of the terms remain the same.
All deposits where banking is made on or before 31st May will earn existing rates.

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