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Products
Fixed income
Shriram Transport Finance
Shriram Transport Finance
rate of interest (% p.a.)
Period (months)
Monthly Income Plan
Quaterly Option
Half-Yearly Option
Annual Income Plan
Cumulative Option
48
7.95 %
8.01 %
8.09 %
8.25 %
8.25 %
Minimum Amount (Rs)
5000
5000
5000
5000
5000
Maximum Amount(Rs)
500000
500000
500000
500000
500000
Duration
48
Issuer
Shriram Transport Finance
Institution
FINANCE COMPANY
Credit Rating
FAAA by Crisil, MAA+ by ICRA
Cheque in Favour of
Shriram Transport Finance
Tax Treatment of Income
Taxable Returns
Tax Benefit on Investment
Not Applicable
Withdrawal
N.A.
Specifications
Suitable for Investors looking for guaranteed returns over short period
Pros
Guaranteed Returns, High Degree of Safety. 0.50% extra return for senior citizens & 0.25% extra for renewals. 0.25% extra for above Rs.5 crore
Cons
Taxable Returns, Suited for Investors in lower tax bracket
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