Shriram Finance launches fixed deposit plans for senior citizens in India with tailored rates and tenure options.
Shriram Finance launches tailored fixed deposit plans for senior citizens in India, catering to the financial needs of the rapidly growing elderly population (138M in 2021 to 194M by 2031). With up to 9.40% p.a. interest rates (including 0.50% p.a. for seniors and 0.10% p.a. for women), the plans offer flexible tenure options (12-60 months) and high credit ratings, providing a secure investment avenue for elderly Indians.
July 13, 2024
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