Is Shriram Finance Ltd FD safe and secure?
Yes, the Shriram Finance Ltd FD is one the safest FDs in the market. Shriram Finance FD also rated with an AA+ (Stable) rating by ICRA and an IND AA+/Stable rating by India Ratings and Research. It also indicate high degree of safety and credibility. Click here for more details about Shriram Finance Ltd Fixed […]
How is the interest paid in Shriram Finance Ltd FD?
The interest earned on Shriram Finance Ltd FDs can be paid out two different modes. One is cumulative option the interest compounded on a quarterly & paid on maturity of the FD. The other one is non- cumulative option which is paid monthly, quarterly, half yearly & yearly. Interest is also compounded at monthly rest […]
What is the interest rate offered on Shriram Finance Ltd FD?
The interest rate / yield offers on Shriram Finance Ltd FDs starts from 7% to 10.48% p.a., and also 0.5% additional rate to senior citizens. Click here for more details about Shriram Finance Ltd Fixed Deposit
What is the tenure or duration of Shriram Finance Ltd FD?
The tenure of Non-Cumulative FD is also available in 12, 24, 36, 48 and 60 months. Click here for more details about Shriram Finance Ltd Fixed Deposit
What is the minimum and maximum investment amount for Shriram Finance Ltd FD?
The minimum investment in Shriram Finance FD is also Rs. 5,000. However, there is no limit on the maximum amount of investment in Shriram Finance FD. Deposits also will be accepted in multiples of Rs. 1,000/-. Click here for more details about Shriram Finance Ltd Fixed Deposit
What is Shriram Finance Ltd FD?
Shriram Finance Ltd FD is a fixed deposit scheme also offered by Shriram Finance Ltd. A leading non-banking financial company (NBFC) in India. It is also a popular investment option where individuals can deposit a fixed amount of money for a specified period and earn a fixed rate of interest on their investment. Click here […]
Can NRI invest in IRFC-REC-PFC Capital Gain Bonds?
Yes, NRIs (Non-Resident Indians) are eligible to invest in IRFC-REC-PFC Capital Gain Bonds. NRIs can purchase capital gain bonds issued in order to avail tax benefits. By investing in 54EC IRFC-REC-PFC Capital Gain Bonds under Section 54EC, NRIs can claim deductions on their taxable capital gains. (Tax Bach Jayega) Click here for more details about IRFC […]
How long does it take to receive a physical bond certificate in the case of an IRFC-REC-PFC Capital Gain Bond?
Typically, it takes approximately 8 weeks from the date of allotment to receive a physical bond certificate for IRFC-REC-PFC Capital Gain Bonds. However, there can be a delay of up to 15 days in certain cases. It’s advisable to stay updated through communication from the bond issuer or relevant authorities. Opting for dematerialized (demat) form […]
If I want IRFC-REC-PFC Capital Gain Bonds in Demat form, will I get an IRFC-REC-PFC Capital Gain Bond certificate?
If you have chosen to apply for IRFC-REC-PFC Capital Gain Bonds in demat form, you will not receive a physical certificate. Instead the bonds will be reflected as frozen holdings in your demat account. This means that the ownership and details of your IRFC-REC-PFC Capital Gain Bonds will be electronically recorded and accessible through your […]
If I process the application and make the payment, what do I need to submit to my CA for tax exemption purposes or do I need to wait for my bond certificate?
To invest in IRFC-REC-PFC Capital Gain Bonds, you must make the RTGS or NEFT transfer to the designated account. Additionally, you need to submit the application form and required paperwork. It is essential to include your UTRN No. / Payment reference number with the application. Submit these documents to the nearest bank branch as per […]