Fixed deposits are one of the predominant ways to invest your money. Several banks and Non-Banking Finance Companies (NBFCs) offer convenient FD schemes. However, at Shriram, you get the best interest rate in the market.
A fixed deposit (FD) beats everything in an age with several investment options. With its high yielding interest rate, an FD is preferred by many to save and secure their money. Now, what is better than being able to create a fixed deposit account in the comfort of your home? Be smart and invest without risking with Shriram Fixed Deposit.
There are two modes to open an FD account: online and offline.
In the online mode, register and apply on the bank's or Non-Banking Finance Companies (NBFCs) official website.
Opting for the online method allows you to create your FD account conveniently. Almost all financial institutions offer an online facility to open an FD account. Although the process of account creation varies for each financial institution, the following points discuss the general idea about the online account creation for an FD:
In the offline mode, you can connect with a representative in person at the bank's nearest branch or NBFC.
Thank you for choosing to open your fixed deposit account with us! Learn more about how to open your Shriram FD account from the steps as follows:
When you start your journey to create a fixed deposit account, you will come across many options and schemes available in the market. Many companies offer and claim to provide attractive interest rates. However, with Shriram's fixed deposit scheme, you get the best interest rate in the market and swift, hassle-free processing during account creation.
Read further to understand the benefits you can avail by choosing Shriram for your fixed deposit account:
Among several investment means, including stocks, mutual funds and cryptocurrency, a fixed deposit is the safest and most profitable method to pick if you do not wish to risk your capital. Shriram offers its customers who avail of the fixed deposit schemes to earn impressive interest on the amount invested. With the high interest of 9.05%* p.a. (superior to other schemes in the market), Shriram FD assures its customers to enjoy returns seamlessly and securely. Do not delay any further and invest now.
You can create a fixed deposit account online or offline. For the offline method, visit the nearest branch of the bank/NBFC. For the online mode, visit the official website, click the "Fixed Deposit" option and fill out the FD application form.
Several banks and NBFCs offer FD facilities and have an online presence to create an FD account. You can thoroughly check the product features, interest rates, application process and more before deciding what's best for you.
Corporate FD is provided by Non-Banking Finance Companies (NBFCs), offering customers the FD account features. Credit rating agencies such as ICRA, CRISIL, CARE, and so on evaluate the quality and credibility of a corporate FD. Shriram FD has "MAA+" and "FAAA," the highest credit rating. Shriram provides one of the best-fixed deposit investment options.
The maturity amount depends on the following factors: the principal amount, tenure and interest rate. In addition, the type of an FD also influences the maturity amount. You can easily check your maturity amount and interest rate using Shriram FD Calculator.