Sundaram Finance increases interest rates on deposits

CHENNAI: Chennai-headquartered NBFC Sundaram Finance has revised upwards, the interest rates on deposits. The interest rate on fresh deposits / renewals stand increased to 7.75% (7.50%) per annum for 12 and 18 months and to 8% (7.75%) for 24 and 36 months. The revised rates are with effect from October 19.

The interest rate for Senior Citizens has been increased to 8.25% (8%) per annum for 12 and 18 months and to 8.50 % (8.25%) p.a for 24 and 36 months. ………………………………….CLICK HERE