Sundaram Finance is a well-known Non-Banking Financial Company (NBFC) with nearly 640 branches across the country. The company’s fixed deposits are currently rated “AAA” (Highest Credit Quality) by ICRA and CRISIL and have been for the past 30 years. The corporation revised interest rates on its fixed deposit scheme on June 10, 2022, and now provides up to 6.65 per cent return to regular customers and 7.15 per cent return to senior citizens. A deposit of Rs. 10,000/- per account is mandatory to earn interest at monthly/quarterly intervals by Sundaram Finance.