Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
Shriram Finance offers fixed deposit plans for senior citizens
The Business Guardian
|July 14, 2024
Shriram Finance, a leading name in the financial services sector, is now offering fixed deposit plans designed to meet the financial needs of senior citizens.
-
This initiative comes at a pivotal time when the financial security of the elderly is becoming increasingly important. According to a report by the Ministry of Statistics and Programme Implementation, the population of senior citizens in India is projected to grow from 138 million in 2021 to 194 million by 2031. Addressing this significant demographic shift, Shriram Finance’s fixed deposit plans offers a secure and stable investment avenue to senior citizens for safeguarding their financial future.
Additional Interest Rates for Greater Returns
Shriram Finance FD offers highly competitive interest rates up to 9.40%* p.a. (inclusive of 0.50%*p.a. for Senior Citizen and 0.10%*p.a. for Women Depositors). This is notably higher than most of the average interest rates offered by many other financial institutions, making this an attractive option for senior citizens who are looking to maximize their returns. Higher interest rates directly translate to more substantial earnings, ensuring a reliable income stream during retirement.
Esta historia es de la edición July 14, 2024 de The Business Guardian.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Business Guardian
The Business Guardian
GST cuts boost consumer demand on Navratri Day 1
GST 2.0 appears to have delivered instant relief and sparked consumer joy from the very first day, reducing household expenses, reviving demand across industries, and igniting the festive season with record-breaking sales.From cars and electronics to groceries and fashion, every sector felt the surge. It was sort of a festival of savings, a boost to demand, and the real Diwali gift to the people of India.
2 mins
September 24, 2025
The Business Guardian
Crompton launches DURA series submersible pumps
When it comes to water supply, consumers look for solutions they can trust - especially for high-value, long-term investments like submersible pumps.
2 mins
September 24, 2025
The Business Guardian
Oil India Chief pushes Global asset buys for Mineral Security
Ranjit Rath, Chairman and Managing Director of Oil India Limited (OIL) and the current Hydrocarbon Chair of CII, has emphasised the strategic importance of overseas asset acquisition in the critical minerals space, underlining its role in India's energy security and green transition goals.
1 min
September 24, 2025
The Business Guardian
Power equipment stocks rise on Nvidia's Data Center Plan
The stocks of power equipment makers rose Tuesday morning following Nvidia Corp.'s announcement of a massive investment plan for data centers, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.
1 min
September 24, 2025
The Business Guardian
SCHOOLING WOMEN: LESSONS AT HOME, VOICES OUTSIDE — EDUCATION’S RISE FROM ZENANA T0 ASSEMBLY
Not a one-way crossing but a two-way circulation: household skills—thrift, hygiene, record-keeping—scaled into public reform, while exams and magazines brought civic habits back home. The “good wife” became budget-maker and petition-signer; the school learned the idioms of cleanliness and care. Separate spheres, in practice, taught each other.
10 mins
September 24, 2025
The Business Guardian
Nitish launches projects worth Rs 1,826 cr in Bihar’s East, West Champaran districts
Bihar Chief Minister Nitish Kumar on Tuesday launched projects worth more than Rs 1,826 crore in Westand East Champaran districts.
1 min
September 24, 2025
The Business Guardian
CM Gupta flags Off Delhi-Baraut inter-state AC electric bus service
Delhi Chief Minister Rekha Gupta on Tuesday flagged off the fully-electric Delhi-Baraut Inter-State AC Bus Service from Maharana Pratap ISBT, signaling the revival of Delhi’ interstate bus services after a gap of nearly 18 years.
1 mins
September 24, 2025
The Business Guardian
TAMIL NADU PLANS SOUTH ASIAN RENEWABLE ENERGY CORRIDOR: MINISTER
Tamil Nadu has unveiled plans to position itself as the hub of a South Asian Renewable Energy Corridor, driving regional clean energy collaboration and expansion.
2 mins
September 24, 2025
The Business Guardian
Heavy rains batter Maha, NDRF rescues over 300 people in Marathwada districts
‘The Continuous heavy rainfall across several districts of Maharashtra has led to a flood-like situation, prompting the deployment of the National Disaster Response Force (NDRF) in Beed, Dharashiv, and Solapur districts.
1 min
September 24, 2025
The Business Guardian
Rahul Gandhi urges PM to announce Punjab Flood relief package
Congress leader Rahul Gandhi on Monday again urged Prime Minister Narendra Modi to immediately announce a comprehensive relief package for Punjab following devastation caused by floods in the state.The Congress leader, who had written a letter to PM Modi earlier, said Punjab has suffered losses of “nearly Rs 20,000 crore” due to the floods, and the initial relief package of Rs 1600 crore announced by PM Modi is an “injustice” to the people of Punjab.”
1 min
September 24, 2025
Listen
Translate
Change font size