Chennai/April 29, 2025 — Sundaram Finance Ltd., one of India’s most trusted NBFCs, is revising Deposit Interest Rates effective 1st May 2025, in line with the RBI’s repo rate revision announced recently. 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 Sundaram Finance Ltd.’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 invest and manage their deposits digitally through a seamless and secure process, enjoying peace of mind and attractive returns. This online transaction can be initiated through the company portal.
ABOUT SUNDARAM FINANCE
Sundaram Finance was established in 1954, and the company has today grown into one of the most trusted and diversified financial services groups in India providing financing for commercial vehicles, cars & utility vehicles, tractors and farm equipment, construction equipment, SME finance and a range of working capital products for financing diesel, tyres, insurance.
Through its subsidiaries and group companies, the company offers home finance, loans against property, mutual funds and investment management solutions and the full range of general insurance products and services. It has a nationwide presence of over 700 branches, over 1.1 lakh depositors and over 4.75 lakh lending customers.
Sundaram Finance’s vision is to be the most respected NBFC in the country and its mission is to deliver the Sundaram experience to all customers, big and small, in keeping with the ethos of the Company. Sundaram Finance embraces a philosophy that balances Growth with Quality and Profitability and remains rooted in its ideal of protecting and enhancing shareholder value. The founding philosophy of the company is that everything begins with the customer. Our founder, Late Sri T S Santhanam, enshrined in the company its core values – The Sundaram Way – that have been the company’s guiding light over the decades. The company is deeply rooted in its values and proud of its heritage, also constantly innovating in terms of technology and processes to deliver the unique Sundaram experience to its customers and stakeholders.