How to Invest in a Fixed Deposit?

Investing in Shriram Unnati Fixed Deposit (FD) offers a reliable and rewarding way to grow your savings. To start, choose Shriram Finance for competitive FD rates and attractive features. You can easily invest online or visit our branch. Senior citizens benefit from enhanced interest rates with Shriram Unnati FD.

Shriram Unnati Fixed Deposit, accredited with “Rated "CARE AAA; STABLE" By CARE Ratings Limited, "Crisil AA+/Watch Positive" by CRISIL Ratings Limited, and "[ICRA]AA+; Watch Positive" by ICRA." by India Ratings and Research, offers interest rates up to 8.15%* p.a., including an additional 0.50%* p.a. for senior citizens and 0.05%* p.a. for women depositors, along with flexible investment tenures ranging from 12 to 60 months.

Start your investment journey with just ₹5,000. Shriram FD is the convenient choice for every investor.

Steps to Invest in a Fixed Deposit

Investing in fixed deposit offered by Shriram Finance can be done both online and offline. It is a relatively simple and reliable method to increase your savings.

 Online Fixed Deposit Application Process

Once the payment is processed, an email confirmation and a digital fixed deposit certificate will be sent to your registered email ID.
Invest in FD online with Shriram Finance and manage your funds seamlessly.

Offline Fixed Deposit Application Process:

Reasons for Investing in Fixed Deposits

Investing in fixed deposits provides a range of compelling benefits, aligning well with various financial objectives. Here are some of the reasons why you must consider investing in fixed deposits

Reliable Returns

Fixed Deposits provide consistent returns, ensuring predictable earnings over the investment period.

Additional Interest Rate for Senior Citizens

Senior citizens can benefit from our additional interest rate. Enjoy an additional interest rate of 0.50%* p.a. for senior citizens and 0.05%* p.a. for women depositors.

Attractive Interest Rates

FDs generally offer higher interest rates compared to standard savings accounts, helping your money grow more effectively.

Fixed Tenure

With a set tenure, you know exactly when your investment will mature, allowing for clear financial planning.

Flexible Options

Choose from various tenures and interest payout options to match your financial needs.

Easy Investment

The investment process is straightforward, with options to invest online or in person.

Investment in Shriram Unnati Fixed Deposit is a smart move that combines simplicity, reliability, and the potential for financial growth.

Why Invest in Shriram Unnati Fixed Deposit?

There are various advantages to choosing Shriram Unnati Fixed Deposit which are as follows:

Easy to Invest

Shriram Finance offers online and offline modes to  invest in FD,  making it easy and convenient for you to invest and manage the fixed deposit investment. Moreover, the minimum amount starts from as low as ₹5000, making it accessible for a wide range of investors.

Higher Interest Rates

Shriram Finance offers higher interest rates on its fixed deposit schemes. You can earn returns up to 8.15%* p.a. inclusive of a special interest benefit of 0.50%* p.a. for senior citizens and 0.05%* p.a. for women depositors.

Credit Rating

The fixed deposits offered by Shriram Finance are rated “Rated "CARE AAA; STABLE" By CARE Ratings Limited, "Crisil AA+/Watch Positive" by CRISIL Ratings Limited, and "[ICRA]AA+; Watch Positive" by ICRA." by India Ratings and Research. These ratings, from leading credit agencies, reflect the reliability of the institution.

Flexible Tenure Options

You can choose from a tenure ranging from 12 months to 60 months and plan for short or long-term financial goals.

Benefits for Women and Senior Citizens

Women investors can enjoy an additional interest rate of 0.05%* p.a. on their deposits while senior citizens get an additional 0.50%* p.a. These added interest rates motivate women and elders to invest in Shriram Unnati FDs for their financial needs.

Customised Pay Outs

Shriram Finance offers two types of fixed deposit schemes – cumulative and non-cumulative. With the cumulative scheme, you can create a lump sum corpus for your goal; with the non-cumulative scheme, you can create a regular source of income. Thus, you can choose a deposit based on your financial needs.

 Fixed Deposit FAQs

 Disclaimer

With regards to deposit taking activity of Shriram Finance Limited (’SFL’), Viewers may refer to detailed information and T&C provided in our application form available at  FD form download

The Company is having a valid Certificate of Registration dated 31st January 2023 issued by the Bank under section 45-IA of the RBI Act. However, the Reserve Bank of India does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.