Digital Fixed Deposit (FD)
A Digital Fixed Deposit (FD) is a type of fixed deposit offered by financial institutions and can be managed entirely online, through a bank or a financial institution's digital platform (such as a website or mobile app). It offers the same features and benefits as a regular fixed deposit, but the process is more convenient, faster, and paperless. Infact, you can book a digital FD only via digital mode.
Shriram Digital-only Fixed Deposit offer exclusive benefits, including a competitive 15-month tenure with a special digital FD interest rate up to 7.80%* p.a. (this is inclusive of a 0.50%* p.a. for Senior Citizens and 0.05%* p.a. for Women Depositors). Experience the convenience of online investing and management, with minimal documentation required. Eliminate the hassle of visiting a physical branch and maximize your returns with Shriram Digital FD.
Digital Fixed Deposit Interest Rates
Shriram Finance offers one of the highest digital FD interest rates on an exclusive 15-month digital fixed deposit. One can earn interest as high as up to 7.80%* p.a., inclusive of 0.50%* p.a. for Senior Citizens and 0.05%* p.a. for Women Depositors.
Shriram Unnati Interest Rate for Non-Cumulative Fixed Deposit (w.e.f 5th August 2025)
-
Period
(Months)- 12
- 15 (DIGITAL ONLY)
- 18-23
- 24-35
- 36-60
-
Monthly % p.a.
- 6.79
- 7.02
- 6.93
- 7.02
- 7.35
-
Quarterly % p.a.
- 6.82
- 7.06
- 6.97
- 7.06
- 7.39
-
Half-Yearly % p.a.
- 6.88
- 7.12
- 7.03
- 7.12
- 7.46
-
Yearly % p.a.
- 7.00
- 7.25
- 7.15
- 7.25
- 7.60
- Interest rates are rounded off to two decimal places.
- Additional interest rate of 0.50%* p.a. will be paid for Senior citizen (Completed age 60 years on the date of deposit/renewal).
- Additional interest rate of 0.15%* p.a. will be paid on all renewals, where the deposit is matured.
- Additional interest rate of 0.05%* p.a. will be paid to Women Depositors.
Note: Interest rates are subject to change and the rate applicable will be the rate prevalent on the date of deposit / renewal.
The above additional interest rates will be applied on the yearly rate, which will be factored correspondingly into the calculation of compounding interest rates for periods shorter than a year, including monthly, quarterly, and half-yearly rates.
Digital Fixed Deposit Features and Benefits
Digital Fixed Deposit Interest Rates offer a convenient and reliable way to grow your savings. With interest rates that often surpass traditional savings accounts, these online deposits provide a reliable avenue for investment. By locking in your funds for a predetermined period, you can earn competitive returns without the risk associated with other investment options. Digital FDs are easily accessible, eliminating the need for physical visits to a bank branch. This streamlined process makes them ideal for individuals seeking a hassle-free and lucrative investment opportunity.
High Interest Rates
Shriram Digital Fixed Deposit offers competitive interest rates, with the option of higher rates for senior citizens and women depositors.
Flexible Tenures
Choose from a variety of tenure options to suit your investment goals.
Flexible Payout Options
Shriram Digital Fixed Deposit offers flexible payout options – Cumulative (Paid at Maturity) and Non-Cumulative (Monthly, Quarterly, Half-Yearly and Yearly)
Online Convenience
Open, manage, and track your FD entirely online, eliminating the need for paperwork or physical visits.
Minimal Documentation
The online application process requires minimal documentation, making it quick and easy to get started.
Digital Fixed Deposit Calculator
Our Digital Fixed Deposit Calculator is a simple and convenient tool that helps you estimate your potential earnings from a fixed deposit investment. By entering the deposit amount, interest rate, and tenure, you can quickly calculate the expected maturity value and interest earned. With our user-friendly interface, you can easily compare different investment options and make informed decisions about your savings
Why use our Digital FD Calculator?
Easy to Use
Our Digital FD calculator has an intuitive interface makes it simple to calculate your returns without any hassle.
Accurate Results
Get precise calculations based on the latest interest rates and terms.
Time-Saving
Digital FD Calculator lets you avoid manual calculations by providing instant results.
Tailored Investment plans
You can adjust the investment amount, tenure, and interest rate to see how tenures offer attractive returns
Start using Shriram Digital FD Calculator today and make informed investment decisions.
Calculate your Digital FD investment effectively based on your investment amount, interest rate for the chosen tenure of 15 months.
Shriram Digital Fixed Deposit Eligibility Criteria
Shriram Digital Fixed Deposit is available for a wide range of customers, offering a convenient and seamless investment opportunity. Individuals who are Indian residents and senior citizens are eligible to apply for Shriram FD. The applicant must have a valid PAN and Aadhaar card for identity verification, and a valid bank account. Minors can invest through a guardian, providing a great opportunity for long-term financial growth. The eligibility ensures that a broad spectrum of investors can easily access and benefit from Shriram Finance’s dependable and reliable investment solutions
Who can invest in Shriram Fixed Deposit
Resident Individuals (Online and Offline)
Indian residents can easily invest in Shriram Fixed Deposit through both online and offline channels, ensuring convenience and flexibility in the investment process.
Sole Proprietorship (Offline Only)
Sole proprietors can apply for Shriram Fixed Deposit through offline means, making it ideal for small business owners looking for dependable investment options.
Partnership Firms (Offline Only)
Partnership firms can invest in Shriram Fixed Deposit by submitting applications offline, providing a reliable way for businesses to grow their savings.
Companies (Offline Only)
Registered companies can opt for Shriram Fixed Deposit via offline channels, allowing corporate entities to gain stable returns on their investments.
Hindu Undivided Family (Offline Only)
HUFs can apply for Shriram Fixed Deposit offline, offering an opportunity for joint family members to grow their collective wealth.
Trusts and Foundations (Offline Only)
Trusts and foundations can benefit from Shriram Fixed Deposit through offline applications, securing long-term financial growth for their charitable activities.
NRIs (Offline Only)
Non-Resident Indians can apply for Shriram Fixed Deposit through offline channel, enabling NRIs/NREs to support your long-term goals and aspirations
Unincorporated Association or Body of Individuals (Offline Only)
Unincorporated associations or bodies of individuals can invest in Shriram Fixed Deposit offline, ensuring flexible options for collective savings and investments.
How to Invest in Shriram Digital-only Fixed Deposit on Shriram Finance?
Investing in Shriram Digital-only Fixed Deposit is a simple and convenient process. Here is a step-by-step guide to help you open a digital fixed deposit with us
Why Choose Shriram Digital Fixed Deposit?
Shriram Digital Fixed Deposit offers a convenient and lucrative investment opportunity. With competitive interest rates, flexible tenures, and online convenience, it is an ideal choice for those seeking a reliable and hassle-free way to grow their savings.
Higher Interest Rates
Get up to 7.80%* p.a. (including 0.50%* p.a. for senior citizens and 0.05%* p.a. for women depositors) one of the highest interest rates in the market on your fixed deposit.
15-Month Tenure
Lock in higher returns with a 15-month tenure and maximize your investment potential with a longer-term FD.
Online Convenience
Open a Shriram digital-only FD online in just a few minutes! Manage your FD entirely online anytime, anywhere.
Minimal Documentation
The application process is simple and straightforward, requiring minimal paperwork.
Senior Citizen Benefit
Receive an additional interest rate of 0.50%* p.a.
Women Depositor Benefit
Enjoy an additional interest rate of 0.05%* p.a.
High Credit Ratings
Shriram Digital-only FDs are “Crisil AA+/Watch Positive” by Crisil Ratings Limited, "Rated [ICRA] AA+ (Stable)" by ICRA and "IND AA+/Stable" by India Ratings and Research.
Minimum Investment
Shriram Digital-only FDs can be opened with a minimum investment of ₹5000 and can be increased in the multiples of ₹1000 at the time of investment or renewal.
Open Your Shriram Digital FD Online Today
Experience the convenience and benefits of Shriram Digital-only Fixed Deposit. Invest your money wisely and watch your savings grow.