New Delhi, Oct. 15 -- Non-banking financial company Sundaram Finance Limited on Thursday announced an increase in interest rates across various fixed deposit tenures, with the revised rates coming into effect from Friday, October 16, 2026.

The company has raised interest rates on one-year deposits by 30 basis points and those on two- and three-year deposits by 25 basis points. The hike will apply to both regular depositors and senior citizens.

For regular depositors, the interest rate on one-year deposits has been raised from 6.70% per annum to 7% per annum, while two- and three-year deposit rates witnessed a hike of 25 basis points each.

Senior citizens will continue to earn higher rates than regular depositors, with the interest rate...