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Is fixed deposit in Shriram Finance safe?

With the trust of over 2.12 million customers, Shriram offers a high-security deposit. The Shriram FD has been rated [ICRA]AA+ (Stable) by ICRA and IND AA+/Stable by India Ratings and Research (Indicating a high degree of safety).

How do I become an FD agent?

Becoming an agent for selling fixed deposits in India involves a few key steps: Understand the Regulatory Landscape: Start by familiarizing yourself with the regulatory requirements governing financial services in India. Choose Your Partner Bank: Youll need to collaborate with a bank that offers fixed deposit products.

Can NRI invest in Shriram FD?

Do you accept NRI deposits? Fixed Deposits from NRIs are accepted from 01-04-2021 for maximum period of 3 years.

How does a loan against FD work?

Banks provide customers with an overdraft facility in the form of a loan against Fixed Deposit . Also known as OD against FD. The overdraft or OD limit, which is secured by a fixed deposit, is lower than the deposit amount, but the rate of interest is higher than the rate that is currently being charged on FD cards.

Is Shriram Finance a good buy?

Shriram Finance has TTM P/E ratio 11.61 as compared to the sector P/E of 29.16. There are 31 analysts who have initiated coverage on Shriram Finance. There are 15 analysts who have given it a strong buy rating 15 analysts have given it a buy rating.

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