Chennai, April 29 -- Sundaram Finance Ltd. (SFL), one of India's most trusted NBFCs, is revising Deposit Interest Rates effective May one, 2025, in line with the RBI's repo rate revision announced recently.
A SFL release on Tuesday said the Revised rates for Senior Citizens are 7.70% for 12 months and 8% for 24 and 36 months.
Similarly, for others, 7.20% for 12 months and 7.50% for 24 and 36 months.
The adjustments reflect the company's measured response to broader economic conditions and market dynamics and are a part of their financial strategy to align with current economic trends.
Recently, the company introduced a Digital Deposit facility, making savings simpler, safer, and more accessible than ever. Customers can conveniently in...