Sundaram Home Finance FD Detail (Fixed Deposit Rates and Review)

Incorporated in 1999, Sundaram Home Finance Ltd is a Non-Banking Finance Company ( NBFC ) engaged in providing home financing services in India. A subsidiary of Sundaram Finance Limited, Sundaram Home Finance provides housing finance to meet the long term needs of individuals and others for construction/purchase of dwelling units. They offers finance for purchase of a new house/apartment, resale of a house/apartment and self-construction of an independent house. They also offer home extension loans for building additional rooms or additional floors to your existing house and home improvement loans for carrying out of external or internal repairs, painting of the house etc.

Sundaram Finance Limited (SFL) and BNP Paribas Personal Finance had a joint venture agreement on 9th of May 2007 and they renamed as Sundaram BNP Paribas Home Finance Limited. But later as per agreement dated 21st June 2019, Sundaram Finance Limited has acquired the shares held by BNP Paribas Personal Finance and the name of the Sundaram Finance's Home Finance Subsidiary has been changed to Sundaram Home Finance Ltd effective 18th November 2019.

SHFL also offers a low-cost property insurance scheme in association with Royal Sundaram Alliance Company Limited. That Insurance scheme protected against the perils like Fire, Lightning, Explosion / Implosion, Aircraft damage, Storm, cyclone, flood, Bush fire, Earthquake etc.

Customers availing home loans from Sundaram Home Finance are eligible for tax benefits on interest on Home Loans, as per the provisions of the Income-tax Act, 1961.

Profits and Dividends (in ₹ Lakhs)

Year Ending Profit Before Tax (₹ in Lakhs) Profit After Tax (₹ in Lakhs) Dividend (%) Dividend Amount (₹ in Lakhs)
31.03.2019 22417.16 14547.84 35% 3543.91
31.03.2018 21182.76 14442.11 35% 3543.91
31.03.2017 23656.55 15364.93 35% 3543.91

Sundaram Home Finance FD Detail

Company Name Sundaram Home Finance Limited
FD Type Cumulative, Non Cumulative
Tenor 12 months to 60 months
Rating 'FAAA' By CRISIL
Minimum Amount (INR) 10,000 per account
Additional in multiple of 1000
Interest Rates (Min) 7% p.a.
Interest Rates (Max) 7.25% p.a.
Additional Interest For Senior Citizens +0.50%
Additional Interest For Employee
Additional Interest For Others
Interest Payment Dates Monthly: Last day of each month
Quarterly: 31st Mar, 30th Jun, 30th Sep, 31st Dec
Half-yearly: 31st Mar, 30th Sep
Annual: 31st Mar
Auto-Renewal Facility Yes
Renewal Rate Benefit
Multi Deposit Facility Yes
NRI Allowed No
Loan against FD Available? Yes
Invest Using Debit Card No
Interest on Loan (Yearly) 2% above the interest rate
CFD Calculator
Online Application Process Yes

Sundaram Home Finance FD Interest Rates

Regular Income Scheme
Term Senior Citizens Individuals Other Than Senior Citizens
Monthly (% p.a.) Quarterly (% p.a) Monthly (% p.a) Quarterly (% p.a.)
12 Months - 7.50 - 7.00
18 Months - 7.50 - 7.00
24 Months - 7.75 - 7.25
36 Months 7.70 7.75 7.21 7.25
48 Months 7.70 7.75 7.21 7.25
60 Months 7.70 7.75 7.21 7.25

CFD Rating Details

This offer is rated 'FAAA' by CRISIL. This indicates High Degree of Safety.

Sundaram Home Finance FD Form

Sundaram Home Finance FD Ratings

2
4.5
Rating:Rated 4.5 stars

Vote Here ...

Sundaram Home Finance FD Banking Details

Cheque should be drawn in favour of " Sundaram Home Finance Limited" and marked " Account Payee only"

Bank Account details
Beneficiary Name: HDFC LTD
Account Number: 00040350000905
Bank Name: HDFC Bank Ltd, ITC Centre, Chennai
IFSC Code: HDFC0000004

Sundaram Home Finance FD Contact Details

Sundaram Home Finance Limited
Sundaram Towers,
No. 46, Whites Road,
Royapettah, Chennai - 600 014

Phone: 2851 5267
Email: depositorcare@sundaramhome.in
Website: http://www.sundaramhome.in

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Sundaram Home Finance FD Interest Rates

Sundaram Home Finance FD Detail

CFD Name Sundaram Home Finance Limited
CFD Rating 'FAAA' By CRISIL
Minimum Amount (INR) 10,000 per account
Additional in multiple of 1000
CFD Interest Rates (Min) 7.25% p.a.
CFD Interest Rates (Max) 7% p.a.
Additional Interest For Senior Citizens +0.50%
Additional Interest For Others
Interest Payment Dates Monthly: Last day of each month
Quarterly: 31st Mar, 30th Jun, 30th Sep, 31st Dec
Half-yearly: 31st Mar, 30th Sep
Annual: 31st Mar

Sundaram Home Finance Limited FD Interest Rates

Regular Income Scheme
Term Senior Citizens Individuals Other Than Senior Citizens
Monthly (% p.a.) Quarterly (% p.a) Monthly (% p.a) Quarterly (% p.a.)
12 Months - 7.50 - 7.00
18 Months - 7.50 - 7.00
24 Months - 7.75 - 7.25
36 Months 7.70 7.75 7.21 7.25
48 Months 7.70 7.75 7.21 7.25
60 Months 7.70 7.75 7.21 7.25
Cumulative Deposit Scheme
Term Senior Citizens Individuals Other Than Senior Citizens
Rate % p.a.(at Quarterly rests) Effective Yield % p.a. Rate % p.a.(at Quarterly rests) Effective Yield % p.a.
12 Months 7.50 7.70 7.00 7.20
18 Months 7.50 7.87 7.00 7.33
24 Months 7.75 8.30 7.25 7.75
36 Months 7.75 8.63 7.25 8.03
48 Months 7.75 8.98 7.25 8.33
60 Months 7.75 9.36 7.25 8.64






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