Sundaram Home Finance To Hike FD Interest Rates from Feb. 1

Tap to Read ➤ Sundaram Home Finance Ltd is all set to introduce new Fixed Deposit (FD) interest rates.There will be a hike in the interest rates on FDs for the tenor of 1 to 3 years. Renu Baliyan

Senior citizen will get an interest rate of 8% p.a. on 2-year deposits after a hike of 50 basis points.

For senior citizens, interest rate for 1-year and 3-year deposits has been hiked to 7.70% and 8%.

For regular citizens, interest rates have been hiked to 7.20%, 7.50%, and 7.50% on 1, 2, and 3-year FDs.

Sundaram Home Finance retained same interest rates for the tenure of 4-year and 5-year.