New Delhi, Oct. 9 -- Shriram Finance Limited (SFL), the flagship company of the Shriram Group, has increased interest rates on its fixed deposits by up to 40 basis points across select maturity periods following the Reserve Bank of India's (RBI) recent repo rate hike.

The revised rates will come into effect on October 11, 2026, the company said on Friday.

Under the revised structure, deposits with a tenure of 12 months will earn 7% interest, up 15 basis points from the existing rate. The interest rate on 15-month digital-only deposits and deposits with tenures ranging from 24 to 35 months has been raised to 7.5% from 7.1%, marking an increase of 40 basis points.

For deposits with maturities between 36 and 60 months, the interest rate h...