with Shriram Finance
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 Unnati Interest Rate for Non-Cumulative Fixed Deposit (w.e.f 5th August 2025)
| Period (Months) | Monthly % p.a. | Quarterly % p.a. | Half-Yearly % p.a. | Yearly % p.a. |
|---|---|---|---|---|
| 12 | 6.79 | 6.82 | 6.88 | 7.00 |
| (Digital Only)15 | 7.02 | 7.06 | 7.12 | 7.25 |
| 18 - 23 | 6.93 | 6.97 | 7.03 | 7.15 |
| 24 - 35 | 7.02 | 7.06 | 7.12 | 7.25 |
| 36 - 60 | 7.35 | 7.39 | 7.46 | 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
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I am a Senior Citizen
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I am a Woman
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Investment amount
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Tenure up to
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Interest payout term
Investment Summary
Interest Rate %
Deposit
Invested Amount
₹ 50,000
Why use our Digital FD Calculator?
Our Digital FD calculator has an intuitive interface makes it simple to calculate your returns without any hassle.
Get precise calculations based on the latest interest rates and terms.
Digital FD Calculator lets you avoid manual calculations by providing instant results.
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
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
- Step 1Click on “Investments” available on the top left side of the page, and select “Fixed Deposit” to access the fixed deposit section either in website or Shriram One app
- Step 2Register using your mobile number, pin code and complete the OTP verification
- Step 3Enter the investment amount, tenure and your PAN details
- Step 4Complete the payment and proceed enter your KYC and bank details
- Step 5Receive a fixed deposit acknowledgement receipt and maximise your returns
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.
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 "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.
FAQs
What is the difference between digital-only FD and a regular FD?
A digital-only FD refers to a fixed deposit that can be opened and managed only via online platforms or mobile apps, offering convenience and accessibility from anywhere. On the other hand, a regular FD can be booked both via offline and digital mode.
Is Digital FD lucrative and what is the minimum amount required to open a Digital FD account?
Yes, Digital FD is a lucrative investment opportunity. You can track and access your FD easily online, ensuring convenience, reliability and efficiency in your financial management. The minimum amount required to open a Digital Fixed Deposit account varies between financial institutions. The minimum amount required to open a Shriram Digital-only Fixed Deposit is ₹5,000, with the flexibility to increase investments in multiples of ₹1,000.
Who should invest in a Digital FD?
Digital Fixed Deposits are ideal for individuals seeking a dependable and convenient investment option from home. With reliable returns and fixed interest rates, they suit risk-averse investors aiming to build a stable future, combat inflation, and mitigate risk from market volatility.
What happens when a Digital FD matures? Is it automatically renewable, and are there any advantages to renewing it?
When a Digital Fixed Deposit (FD) matures, the principal amount and the interest earned become available to the depositor. Some Digital FDs may be set to automatically renew upon maturity, depending on the terms and conditions set by the bank or financial institution. Renewing a Digital FD may offer advantages such as leveraging the power of compounding and potentially boost your returns.
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Fixed Deposit Articles
Need money urgently but don't want to break your fixed deposit prematurely? A loan against FD (Fixed Deposit) lets you use your FD as collateral while retaining their investment benefits. It is one of the most convenient and affordable loan options available in India, offering the benefits of both liquidity and growth.
This comprehensive guide will help you to get a loan against a fixed deposit.
Non-Resident Indians (NRIs) looking to invest their savings in India often consider Fixed Deposits (FDs) due to their attractive interest rates and security. This guide outlines the steps and requirements for NRIs to open an FD account in India, focusing on the two primary types: Non-Resident External (NRE) and Non-Resident Ordinary (NRO) fixed deposits.
Understanding NRE and NRO Fixed Deposits
NRE Fixed Deposit:
Fixed deposits have been one of the most popular investment options for Indians. Offering reliable returns and capital protection, FDs provide a fixed income periodically, helping individuals meet their diverse financial goals. Students looking to save for higher education and working professionals wanting to build a retirement corpus find FDs ideal to park their savings. However, students and working professionals must follow certain strategies when maximising FD returns. Their financial situations and investment needs vary significantly.
Maximise savings with a Fixed Deposit
