Shriram Finance - Senior Citizen FD

Shriram Finance is a deposit-taking NBFC with 9.71 million private and corporate customers across India (as on June 30, 2025). It has earned the trust of fixed income investors because of its high safety ratings (AA+/Stable) and competitive interest rates across tenures. 

For senior citizens and women investors, Shriram Finance offers bonus interest rates over and above the standard FD rate card. Also, the minimum investment requirements are low and you can start investing from as low as ₹5,000. 

Read this article to first learn what the Shriram Finance senior citizen FD scheme is and then check out the latest Shriram Finance FD Rates for Senior Citizens 2025. Lastly, you will see whether these FDs are safe.

What is the Shriram Finance Senior Citizen FD Scheme?

The Shriram Finance senior citizen FD scheme is specifically designed for individuals aged 60 years and above. This scheme offers guaranteed and non-market-linked returns to investors. It provides higher interest rates than regular FDs. This scheme comes with multiple payout options, and you can choose to receive interest:

• At maturity
• Monthly
• Quarterly
• Half-yearly
• Yearly

For more clarity, check out some key features of Shriram Finance FD for senior citizens:

Feature	Details
Eligibility	Senior citizens (60 years and above at the time of deposit/renewal)
Senior Citizen Benefit	Extra 0.50% p.a. over standard rates
Women Depositors Benefit	Extra 0.05% p.a. over standard rates
Highest Interest Rate	Up to 8.15% p.a. for a 36 to 60 month deposit in the cumulative option (inclusive of senior citizen + women bonus rates)
Renewal Benefit	Extra 0.15% p.a. on renewal of matured deposits
Tenure Options	From 12 months to 60 months
Minimum Investment	₹5,000

Note: The above features are valid as of September 25, 2025. Investors must do their own research before investing. 

Latest Shriram Finance FD Interest Rates for Senior Citizens 2025

Shriram Finance senior citizen FD scheme offers both cumulative and non-cumulative options. By investing in it:

• Male senior citizens can earn +0.50% p.a. extra 

and

• Female senior citizens can get +0.55% p.a. extra (0.50% + 0.05%)

For more clarity, check out the latest Shriram Finance FD interest rates for senior citizens:

A) Cumulative Option

Period	Senior Citizens (p.a.)	Senior Women Investors (p.a.)
12 months (Digital Only)	7.50%	7.55%
15 months	7.75%	7.80%
18 months to 23 months	7.65%	7.70%
24 months to 35 months	7.75%	7.80%
36 months to 60 months	8.10% (highest)	8.15% (highest)

Note: The above interest rates are applicable as of September 25, 2025, for deposits below ₹10 crore. The rates are subject to change. Investors must do their own research before investing.

B) Non-Cumulative Option - For Senior Citizens

Period (Months)	Monthly (p.a.)	Quarterly (p.a.)	Half-Yearly (p.a.)	Yearly (p.a.)
12 months (Digital Only)	7.29%	7.32%	7.38%	7.50%
15 months	7.52%	7.56%	7.62%	7.75%
18 months to 23 months	7.43%	7.47%	7.53%	7.65%
24 months to 35 months	7.52%	7.56%	7.62%	7.75%
36 months to 60 months	7.85% (highest)	7.89% (highest)	7.96% (highest)	8.10% (highest)

Note: The above interest rates are applicable as of September 25, 2025, for deposits below ₹10 crore. The rates are subject to change. Investors must do their own research before investing.

C) Non-Cumulative Option - For Women + Senior Citizens

Period (Months)	Monthly (p.a.)	Quarterly (p.a.)	Half-Yearly (p.a.)	Yearly (p.a.)
12 months (Digital Only)	7.34%	7.37%	7.43%	7.55%
15 months	7.57%	7.61%	7.67%	7.80%
18 months to 23 months	7.48%	7.52%	7.58%	7.70%
24 months to 35 months	7.57%	7.61%	7.67%	7.80%
36 months to 60 months	7.90% (highest)	7.94% (highest)	8.01% (highest)	8.15% (highest)

Note: The above interest rates are applicable as of September 25, 2025, for deposits below ₹10 crore. The rates are subject to change. Investors must do their own research before investing.

Is Shriram Finance Senior Citizen FD Scheme Safe in 2025?

Shriram Finance has been given AA+ ratings by ICRA, India Ratings, and CARE. For those unaware, AA+ is the second highest rating on the rating scale. It represents a high degree of safety and a very low chance of default. 

Also, Shriram Finance FDs for senior citizen are marked “Stable”, which means the company is expected to timely service its debt and interest obligations. For a better understanding, let’s check out the findings of the latest CARE ratings report on Shriram Finance Limited (released on May 9, 2025):

• Rating Reaffirmed
• CARE has confirmed AA+/Stable for Shriram’s long-term borrowings and non-convertible debentures. 
• This rating shows high safety for investors.
  
  

• Commercial Paper
• The company’s short-term debt (commercial paper) has been given the highest rating of A1+.
  
  
• Capital and Profitability
• The company has adequate capital reserves.
• It earns steady profits and can access to funds from different types of investors.
• This suggests the company is highly stable.
  
  
• Outlook is “Stable”
• CARE expects Shriram Finance to continue growing and maintain its strong position in commercial vehicle loans.
• The company can also maintain its loan quality at acceptable levels.

Some Points to Keep in Mind

Investors must realise that Shriram Finance FDs for senior citizens are not covered under the ₹5 lakh deposit insurance offered by the DICGC (Deposit Insurance and Credit Guarantee Corporation). Additionally, two negative observations found by the CARE ratings report (dated May 9, 2025) are:

A) Low Asset Quality	B) High Funding Costs
Many of Shriram Finance’s customers are small borrowers with limited financial strength.  Their repayment ability is closely tied to the health of the economy.  If the economy slows, loan defaults could rise.	The Shriram Finance’s cost of raising money is higher than some of its competitors.

Invest in Shriram Finance Senior Citizen FD Scheme with GoldenPi Today!

Shriram Finance is a financially strong, profitable, and diversified company with more than ₹2.72 lakh crore in assets under management (AUM) (as of June 30, 2025). It enjoys the second highest AA+/Stable ratings from India’s leading credit agencies. 

Now, if we talk about returns, by investing in Shriram Finance senior citizen FD scheme, male senior citizens can earn up to 8.10% p.a. and female senior citizens can earn up to 8.15% p.a. for a tenure of 36 to 60 months (as of September 25, 2025). 

If you are looking to book your Shriram Finance FD for senior citizen online, you can visit the GoldenPi platform. The booking process is 100% digital and can be completed online within minutes. No branch visit is required.