AAA Rated by ICRA and ICRA
Interest Rates applicable for deposit upto Rs. 2 crores only
  Cumulative Non-Cumulative
Tenure (Months) Rate of Interest Cumulative Yield Monthly Quarterly
12 6.00% 6.10% - 6.00%
24 6.30% 6.65% - 6.30%
36 6.65% 7.30% 6.61% 6.65%
48 7.00% 8.00% 6.96% 7.00%
60 7.00% 8.30% 6.96% 7.00%

Key Features & Benefits:

  • Attractive and assured returns

  • Rate of Interest % p.a. at Quarterly rests for Regular Income Scheme and Cumulative Deposit Scheme

  • High Stability and Credibility with CRISIL’s FAAA/Stable rating

  • Flexible Tenures

  • Interest payment frequency: Monthly, Quarterly, & Cumulative

  • Quick Loan against Deposit facility

  • Premature Encashment Available


  • 0.50% additional interest for Senior Citizen

  • Invest with just Rs. 10,000 multiple of Rs. 1,000/-

Revised Rates

 w.e.f. 01-07-2022 


Who Can Invest

  • Resident Indian Citizens

  • HUF

  • Trusts & Institutions

Mode of Deposit NEFT/RTGS Cheque
Beneficiary Name Sundaram Home Finance Limited
payable to “Sundaram Home Finance Limited
Bank Account Number 00040350000905
A/c 00040350000905
Bank Name HDFC Bank Ltd marked “Account Payee only"
IFSC HDFC0000004 
Bank branch ITC Centre, Chennai


As per the Housing Finance Companies (NHB) Directions 2010, no premature withdrawal is allowed for a period of first 3 months from the date of deposit/renewal except in case of death of the depositor. In case of premature withdrawal after the expiry of 3 months, the following rates shall apply.

  • After 3 months but before 6 months – No interest is payable on the deposit. Only the principal is payable.

  • After 6 months but before the date of maturity - The interest rate payable is 2% lower than the interest rate applicable for the period for which the deposit has run for. In case of no interest specified for the period run, interest payable will be 3% lower than the minimum rate at which the public deposits are accepted by the company.

  • In the event of the death of a depositor, the Company may repay the Deposit prematurely (irrespective of the lock-in period) to the surviving depositor (which in the case of joint holders will be the first in the sequence of applicants in the Application) or to the nominee/ legal heir(s) of the deceased depositor, upon the request of surviving depositor/s/nominee/legal heir, as the case may be, and only subject to the submission of proof of death and other requisite documents to the satisfaction of the Company. However, no interest is payable on such repayments of deposits.

  • For premature withdrawals of deposits, the duly discharged FDR with a revenue stamp of requisite value must be surrendered to the company. Premature withdrawals of single or jointly held fixed deposits shall be processed only after such a request is signed by all the depositors along with FDR duly discharged and a cancelled cheque leaf should be submitted.

About Company

Sundaram Home Finance Limited was incorporated on July 2, 1999, as a subsidiary of Sundaram Finance Limited (under the Companies Act 1956). The Company has obtained (Certificate of Registration) under Section 29A of NHB ACT 1987 from National Housing Bank (NHB is the regulator and advisory for Home Loan Companies) to leverage the market potential further, Sundaram Finance Limited which was incorporated in 1958 is backed by TVS group of South India. The company parted way with their Joint venture partner BNP Paribas in 2019 and going strong to capture the retail Housing Finance market in India.

Company Results
Financial Year
Ended on
Profit Before Tax
(Rs. in lakh)
Profit After Tax
(Rs. in lakh)
Dividend (%)
31/03/2020 21,807.93 15,790.33 42%
31/03/2019 22,417.16 14,547.84 35%
31/03/2018 21,182.76 14,442.11 35%

Disclaimer : Interest rates are subject to change. Please confirm the rates before investing.

Fixed  Deposits At a Glance