Shriram Transport Finance FD Review

Fixed Deposits (FDs) have always been a preferred investment choice for conservative investors. Among the many Non-Banking Financial Companies (NBFCs) offering FDs, Shriram Transport Finance stands out. This detailed Shriram Transport Finance FD review will help you evaluate if it’s a smart investment for 2025.

What is Shriram Transport Finance?

Shriram Transport Finance Company Limited (STFC) is a part of the Shriram Group, one of India’s largest NBFCs. It primarily focuses on commercial vehicle financing. Over the years, STFC has earned the trust of millions of customers due to its financial strength, consistent performance, and attractive deposit schemes.

In this Shriram Transport Finance FD review, we examine its fixed deposit offerings in terms of returns, safety, tenure options, and suitability for investors.

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Features of Shriram Transport Finance FD

This Shriram Transport Finance FD review would be incomplete without highlighting the unique features that make these FDs stand out:

• Attractive Interest Rates: As of 2025, STFC offers FD interest rates ranging between 8.25% to 9.25% per annum, depending on tenure and category.
• Senior Citizen Benefit: Senior citizens get an additional 0.50% interest, making it highly rewarding.
• Flexible Tenure: The company offers tenures ranging from 12 months to 60 months.
• Cumulative and Non-Cumulative Options: Investors can choose between periodic interest payouts (monthly, quarterly, yearly) or cumulative returns at maturity.
• Minimum Investment: You can start investing with just ₹5,000.
• Online Investment: Safe and paperless digital investment process.

These features make STFC’s FD an attractive option for both salaried individuals and retirees.

Shriram Transport Finance FD Interest Rates (2025)

In this Shriram Transport Finance FD review, let’s look at the latest interest rates for 2025 (as per available data):

Tenure	General Public	Senior Citizens
12 months	8.25%	8.75%
24 months	8.50%	9.00%
36 months	8.75%	9.25%
48 months	8.75%	9.25%
60 months	8.90%	9.40%

Note: Rates are subject to change. Always check the official website for latest updates.

Safety & Credit Rating – Is It Safe?

A crucial part of this Shriram Transport Finance FD review is safety. STFC’s FDs are rated:

• CRISIL: AA+/Stable
• ICRA: AA+/Stable

These high ratings indicate low credit risk and strong repayment capacity. While corporate FDs are inherently riskier than bank FDs, Shriram Transport Finance has a consistent record of honoring its commitments.

In terms of safety, this Shriram Transport Finance FD review finds it suitable for moderately conservative investors.

Taxation on Shriram Transport Finance FD

Like other FDs, interest earned on Shriram Transport Finance FD is fully taxable as per your income tax slab. If the interest exceeds ₹5,000 in a financial year, TDS (Tax Deducted at Source) will be applied.

Pro Tip: Submit Form 15G/15H if your total income is below taxable limits to avoid TDS deduction.

Including taxation details in this Shriram Transport Finance FD review ensures you get a realistic view of post-tax returns.

Pros and Cons – Shriram Transport Finance FD Review

Let’s now do a quick pros and cons list:

✅ Pros:

• Higher interest rates than bank FDs
• Additional benefit for senior citizens
• Trusted brand with over 40 years of experience
• Flexible investment options
• High credit rating ensures reliability.

❌ Cons:

• Interest is taxable
• No insurance like bank deposits (RBI insured up to ₹5 lakh)
• Slightly less liquid than bank FDs
• Risk higher than bank FDs (though manageable with a high credit rating)

This balanced Shriram Transport Finance FD review shows both opportunities and limitations for informed decision-making.

Who Should Invest?

This Shriram Transport Finance FD review recommends it for the following categories:

• Senior citizens looking for high fixed income
• Retired individuals who want regular interest payouts
• Salaried professionals looking to diversify beyond mutual funds and stocks
• Conservative investors wanting stable and predictable returns

However, aggressive investors or those looking for tax-free income might consider debt mutual funds or tax-free bonds as alternatives.

How to Apply for Shriram Transport Finance FD?

Investing is easy and can be done both online and offline. Here’s a simple step-by-step in this Shriram Transport Finance FD review:

• Visit the official website – https://www.stfc.in
• Choose FD option and fill in your details
• Select FD type (cumulative/non-cumulative) and tenure
• Upload KYC documents (Aadhar, PAN, etc.)
• Make payment via UPI, NEFT, or net banking

Offline applications can be made at any STFC branch or through verified agents.

Customer Experience & Support

Another key point in this Shriram Transport Finance FD review is customer support. STFC has:

• A responsive toll-free number
• User-friendly web interface
• Email & SMS alerts
• Physical branches for offline support

Overall, customer service is considered satisfactory, making the investment process smooth for even non-tech-savvy investors.

Should You Invest?

To conclude this Shriram Transport Finance FD review, here’s the final word:

✅ Yes, you should consider investing in Shriram Transport Finance FD if you are:

• Seeking better returns than traditional bank FDs
• Comfortable with moderate credit risk
• Wanting flexible and reliable fixed income solutions

🚫 Avoid if you are extremely risk-averse or looking for tax-efficient growth.

In 2025, as interest rates remain attractive, this Shriram Transport Finance FD review recommends it as a top-tier choice among corporate FDs for low-risk, high-return investing.