Interest Rates :: Shree Investment & Finance Co. Ltd.

Interest Rates

SIFCO has developed tailor-made and highly attractive schemes for mobilization of fixed deposits and for lending. Following are the schemes and interest rates.

Deposits Schemes

Fixed Deposit Scheme
Recurring Fixed Deposit Scheme
Money Multiplier Deposit Scheme
Saving Deposit MM (Interest on Monthly Minimum Balance)
Saving Deposit DB (Interest on Daily Balance)
Neighbourhood Saving Scheme
ShareHolder Saving Scheme

::	Deposit Scheme
	Fixed Deposit	Monthly Payment	Quarterly Payment	Half Yealy Payment	Annual Payment
	3 months	-	7.50%	-	-
	6 months	-	8.00%	-	-
	1 year	9.70%	9.80%	9.90%	10.00%
	2 years	10.20%	10.30%	10.40%	10.50%
	3 years	Negotiable	Negotiable	Negotiable	Negotiable
	4 years	Negotiable	Negotiable	Negotiable	Negotiable
	5 years	Negotiable	Negotiable	Negotiable	Negotiable
	6 years	Negotiable	Negotiable	Negotiable	Negotiable

	Saving Schemes
	Monthly Saving Scheme	7%	7.50%

Loan And Advances

Business Finance
Real Estate Loan

Purchase of residential building/flat.
Construction of residential building
Construction of Commercial Complex
Purchase of Residential plots /Land Planning & Development

Hire Purchase
Educational Loans
Loan against shares, government bonds & debentures
Short Term Finance for Working Capital requirement
Deprived Sector
Foreign Employment
Bridge Financing
Consortium Financing
Non-fund based limits (Issue of Guarantees)

::	Hire Purchase	Interest rates per annum
	Autos & related to transportation	14.00%-17.00%
	Machinery Equipments	14.00%-17.00%
	House hold products or the fixed assets	13.0-15.00%

::	Housing Loan
	Personnel land purchasing and Residential building	15.00-17.50%
	Corporate land purchasing and building	14.50-17.25%
	Land Planning & Development	14.50-17.50%
	Loan for Building Maintenance & Services	14.50-17.50%

::	Term Loan
	Loan for Agriculture and related part	14.00%-17.00%
	Loan in against Industrial Fixed and Current Assets	14.00%-17.00%
	Trade/Finance/Working Capital L	14.00%-17.00%
	Educational loan	14.00%-17.00%
	Tourism Loan	14.00%-17.00%
	Loan for Hydropower Infrastructures	14.00%-17.00%
	Deprieved Sector	14.00%-15.00%
::	Foreign Employment Loan	14.00%-17.00%
::	Consortium Financing	14.00%-17.00%
::	Consumer/Personnel Loan	14.00%-17.00%
::	Loan in against Fixed Deposit Receipt	+3.00%
::	Loan in against Government Securities/Bonds	14.00%-17.00%