New Delhi: There is good news for those who invest in fixed deposits (FDs). Shriram Finance Limited, one of the largest NBFC companies in the country, has announced an increase in FD interest rates. The new rates came into effect on July 2, 2026, giving investors higher returns than before.
How much have interest rates increased?
The company has increased interest rates on FDs of different tenures. You will get more benefits especially with long term FD.
New interest rates on deposits up to 10 million rupees
* 12 months: increased from 6.75% to 6.85%
* 15 months (digital): growth from 7.05% to 7.10%
* 18–23 months: increased from 7.00% to 7.05%.
* 24–35 months: Increase from 7.05% to 7.10%.
* 36–60 months: Increase from 7.25% to 7.5%.
This means that up to 7.5% interest is now available on long-term FDs, which is considered attractive to investors.
Who will benefit additionally?
The company also provided additional benefits to certain categories of investors:
* Pensioners: +0.50% additional interest.
*Women investors: additional interest rate +0.05%.
*On FD renewal: additional benefit +0.15%.
Also changes to FIP (Fixed Capital Investment Plan)
Not just FD, the company has also increased rates on its investment plan (FIP):
* 12–23 months: 6.85%
* 24–35 months: 7.10%
* 36–48 months: 7.50%
What does this mean for investors?
This increase in FD interest rates comes at a time when people are looking for safe investment options.
*Higher percentage = better return
* Additional benefits for pensioners and women.
* Special benefits for long-term investments.
If you are looking for safe and stable returns, FD is now more attractive than ever. Investors have more opportunities to earn money, especially as interest rates rise. In such a situation, before investing, be sure to check the new rates and take a decision as per your financial planning.