Deposits

Debentures & DepositsThe Flagship Company of Shriram Group, Shriram Transport Finance co ltd is India's largest asset financing institution. Headquartered in Mumbai and with a pan India presence, Shriram Transport provides accessible, affordable commercial vehicle finance to almost 6,00,000 customers.

Shriram City Union Finance (SHRIRAM City) is a deposit-accepting non-banking financial company (NBFC), SHRIRAM City is today India’s premier financial services company, specializing in retails finance.

Shriram Transport Finance Company Limited is India's largest player in commercial vehicle finance that was established in the year 1979.The company has a network of 513 branches and service centers. STFC is one of the largest asset financing NBFCs in India with a niche presence in financing pre-owned trucks and Small Truck Owners (STOs). STFC currently has over 8.5 lakhs truck customers.

With a track record of over 30 years in this business, STFC is among the leading organized finance provider for the commercial vehicle industry with a focus to provide various credit facilities to truck owners. It has also added passenger commercial vehicles, multi-utility vehicles, three wheelers, tractors and construction equipment to its portfolio, making it a diversified, end to end provider of finance solutions to the domestic road logistics industry.

STFC’s pan-India presence through its widespread network of branches has helped in its overall growth over the years. STFC’s total employee strength is more than 15,000.More >>


Head Year
2008 2009 2010 2011 2012
Income (INR cr) 2,494 3,731 4,500 5,483 6,188
PAT ( INR cr) 390 612 873 1,217 1,309
Networth ( INR cr) 1,816 2,292 3,807 4,856 6,033
AUM (INR cr) 19,559 23,231 29,159 36,183 40,124
 

RATING for Public NCD:

CRISIL AA/Stable' by CRISIL for an amount of upto Rs 75,000 lacs &
'CARE AA+' by CARE for an amount of upto ` Rs 75,000 lacs.

To read more please visit www.stfc.in

 

Shriram City Union Finance (SCUF) was established in 1986. It is registered with RBI as a deposit accepting Non-Banking Financial Company (NBFC). With over 1100 Business Outlets across the country, SHRIRAM CITY enjoys a high credit rating, as well as listing on the BSE, NSE & Madras Stock Exchanges.

  • Individual Personal Loans catering to the needs of families for purposes ranging from emergencies to education.
  • Small Business Loans targeted to Micro Enterprises, self-employed professionals and such under-served segments of the business community across the various sectors of the economy.
  • Asset Purchase Loans include all asset-based finance with specific thrust on used and new three-wheelers / cars and two-wheelers through dealer outlets.
  • Loan against gold is the last addition to the business verticals that caters to the emergency needs of families that are willing to pledge jewels as well as refinancing pawn brokers who have been running this business for decades.

SCUF has over 900 branches & offices across the country and has a customer base of over 3.9 million. Shriram City has a combined workforce of around 10,000 employees.More >>


Head Year
2008 2009 2010 2011 2012
Income (INR cr) 623 934 1,104 1,321 2,056
PAT ( INR cr) 88 117 194 241 343
Networth ( INR cr) 450 683 1,000 1,212 1,651
AUM (INR cr) 3,369 4,630 5,216 7,998 13,431
 

RATING for Public NCD:

CRISIL AA-/Stable' by CRISIL for an amount of upto Rs 50,000 lacs &
'CARE AA' by CARE for an amount of upto Rs 50,000 lacs

To read more please visit www.shriramcity.in

 
 

Fixed Deposit Scheme

Revised Interest Rates w.e.f. 05/07/2013
Effective from 05/07/2013 interest rates are revised as shown below.

Deposit (STFC & SCUF) (Non Senior Citizens)

Non Cumulative Deposits Cumulative Deposits
Tenure MLY QLY HLY YLY CUM Rs.5,000
12 8.88 8.95 9.05 9.25 9.25 5,463
24 9.34 9.41 9.52 9.75 10.23 6,023
36 10.25 10.34 10.47 10.75 11.94 6,791
48 10.25 10.34 10.47 10.75 12.60 7,521
60 10.25 10.34 10.47 10.75 13.32 8,329

For Senior Citizens

Deposit (STFC & SCUF) (Senior Citizen Scheme) (W.E.F. 5th July 2013)

Non Cumulative Deposits Cumulative Deposits
Tenure MLY QLY HLY YLY CUM Rs.5,000
12 9.11 9.18 9.28 9.50 9.50 5,475
24 9.57 9.65 9.76 10.00 10.50 6,050
36 10.48 10.57 10.71 11.00 12.25 6,838
48 10.48 10.57 10.71 11.00 12.95 7,590
60 10.48 10.57 10.71 11.00 13.70 8,425

 

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