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Invest in Shriram Unnati Fixed Deposit Maximise your returns & earn up to 8.15%* p.a.

(Inclusive of 0.50%* p.a. for senior citizens & 0.05%* p.a. for women depositors)

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Fixed Deposit In Ballari

A Fixed Deposit in Ballari stands out as a stable and reliable investment choice, providing the potential for steady returns. This guide will provide you with valuable information about FD in Ballari, including the benefits, current interest rates, and practical tips for selecting the right fixed deposit scheme tailored to your financial objectives. By understanding these key aspects, you can make strategic choices to grow your savings and build a strong financial foundation in this dynamic city.

Types of Fixed Deposits

Take a look at these different fixed deposit types to achieve your financial ambitions

interest rates

Cumulative Fixed Deposit

This investment option doesn't pay out interest regularly. Instead, your interest earnings get added back to your original deposit amount. This creates a powerful growth effect as you earn interest on both your principal and previously earned interest. When your deposit matures, you receive everything at once your original deposit plus all accumulated interest. This option works brilliantly for people looking for long-term growth without needing regular income, as it maximises your returns through compound interest.

achievement

Non-Cumulative Fixed Deposit

With this type of deposit, you receive interest payments on a regular schedule, creating a dependable income stream. The bank calculates interest using simple interest methods, and you can choose to receive payments monthly, quarterly, or yearly. This choice provides consistent returns and better liquidity than cumulative options, making it ideal for those needing to cover recurring expenses.

retirement

FD for Senior Citizens

This FD type provides an additional 0.50%* p.a. interest rate for senior citizens.

Life assured income

Fixed Deposit for Women

Women depositors receive an extra 0.05%* p.a. interest rate.

cash

Fixed Deposit for NRI

Non-Resident Indians can invest in FDs through offline channels in India.

coin

FD for Monthly Income

This option allows for regular monthly interest payouts.

Our fixed deposits can be tailored for specific life goals

  • FD for Retirement Fund
  • FD for Wedding Expenses
  • Fixed Deposit for Children
  • FD for Home Expenses

The FD interest rate is 8.15%* p.a., inclusive of 0.50%* p.a. for Senior Citizens and 0.05%* p.a. for Women Depositors. Investors can choose between cumulative and non-cumulative options for their Shriram FDs. A Cumulative Fixed Deposit allows interest to accumulate on the principal amount, while a Non-Cumulative Fixed Deposit pay out interest at regular intervals (monthly, quarterly, half-yearly, or yearly).

Shriram Fixed Deposit Features and Benefits

To make informed investment decisions, you should understand what fixed deposits offer. Here are the main advantages

Flex Tenure
Predictable returnsPredictable returns
Attractive Interest
Flexible tenureFlexible tenure
Compounding Benefit
Attractive interest ratesAttractive interest rates
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Special interest benefit for senior citizens and women depositorsSpecial interest benefit for senior citizens and women depositors
Predictable Return
Cumulative and non-cumulative schemesCumulative and non-cumulative schemes
Cumulative
Low minimum investment amountLow minimum investment amount
Low Investment
Compounding benefitsCompounding benefits

Shriram Fixed Deposit Interest Rates in Ballari

Interest rates for fixed deposits in Ballari can differ significantly across financial institutions. It's worth comparing different offers to maximise your returns. Generally, rates depend on factors such as your chosen investment period and the type of institution you select. Shriram Fixed Deposit is rated "[ICRA]AA+ (Stable)" by ICRA and "IND AA+/Stable" by India Ratings and Research. Get an interest rate of up to 8.15%* p.a. inclusive of 0.50%* p.a. for Senior Citizens and 0.05%* p.a. for Women Depositors with Shriram FD.

Shriram Unnati Fixed Deposit Interest Rate for Cumulative Fixed Deposit Scheme below 10 Cr (w.e.f 5th August 2025)

Shriram Finance continues to offer a reliable investment option through its Unnati Fixed Deposit Scheme, tailored to meet the diverse needs of investors. As of (w.e.f 5th August 2025), the FD interest rates for the Cumulative Fixed Deposit Scheme have been revised, ensuring competitive returns on your investment. This FD scheme is designed to help investors grow their savings steadily over time, with the convenience of a single maturity payout that includes both principal and accrued interest. Whether you are a conservative investor seeking stability or looking to enhance your financial portfolio - explore the latest FD interest rates and see how Shriram Unnati FD can work for your financial aspirations.

Period (Months)At Maturity % p.a
127.00
(Digital Only)157.25
18- 237.15
24- 357.25
36-607.60

Shriram Unnati Fixed Deposit Interest Rate for Non-Cumulative Fixed Deposit Scheme below 10 Cr (w.e.f 5th August 2025)

The Shriram Unnati Fixed Deposit Scheme continues to be a preferred investment option for those seeking consistent income through reliable interest payouts. With effect from (w.e.f 5th August 2025), Shriram Finance has updated the FD interest rates for its Non-Cumulative Deposit Scheme, offering investors enhanced returns across various tenures. This FD scheme is particularly beneficial for those looking for periodic interest payouts, providing the flexibility to receive returns on a monthly, quarterly, or half-yearly basis, thus catering to a wide range of financial needs and goals.

Period (Months)Monthly % p.a.Quarterly % p.a.Half-Yearly % p.a.Yearly % p.a.
126.796.826.887.00
(Digital Only)157.027.067.127.25
18 - 236.936.977.037.15
24 - 357.027.067.127.25
36 - 607.357.397.467.60
Additional Benefits
  • Senior Citizens(Individuals over the age of 60 years) An additional interest of 0.50%* p.a.
  • Women DepositorAn additional interest of 0.05%* p.a. exclusive for women depositors
  • FD RenewalAdditional interest of 0.15%* p.a. will be paid on all renewals, where the deposit is matured.

Fixed Deposit Returns Calculator

STEP 01

I am a Senior Citizen

STEP 02

I am a Woman

STEP 03

Investment amount

₹

STEP 04

Tenure up to

months

Min 12 months

Max 60 months

STEP 05

Interest payout term

  • On Maturity
  • Monthly
  • Quarterly
  • Half-Yearly
  • Yearly

Investment Summary

Interest Rate %

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Deposit

Invested Amount

₹ 50,000

Shriram Fixed Deposit Eligibility Criteria in Ballari

Before starting a fixed deposit account, you must check if you meet the eligibility requirements. These typically include

  • IndividualEligibility Criteria
    • Indian Residents
    • Partnership Firm
    • Companies
    • Hindu Undivided Family
    • Trust and Foundation
    • Non-Resident Indians (NRIs)
    • Unincorporated Association or Body of Individual

How to Invest in Fixed Deposit with Shriram in Ballari

Shriram Finance provides attractive interest rates and flexible tenures with their Shriram Unnati Fixed Deposit. You can create an account online or visit their local branch to complete the application process. Make sure you have all required documents ready for a smooth experience. The online investment process typically follows these steps

How To Apply

  • Step 1

    Register using your mobile number.

  • Step 2

    Enter the investment amount, tenure and PAN.

  • Step 3

    Complete your KYC, share depositor details & any other declaration.

  • Step 4

    Complete the payment online and add nominee details.

  • Step 5

    Download your FD certificate.

How to Renew Your Shriram Unnati Fixed Deposit in Ballari?

Has your Shriram FD matured? You may want to extend your Shriram FD in Ballari to keep enjoying the investment benefits. Renewal can be done through our website, mobile application or by visiting any of our local branches. Follow these straightforward steps to renew your FD online

Flex tenure
Step 1 Sign in to your account.
Attractive Interest
Step 2 Select the FD investment you wish to renew.
Account save
Step 3 Verify all the information, such as the FD account number, interest rate, maturity date and bank details.
Fd Amount
Step 4 Select the FD amount and tenure.
Review
Step 5 Review and confirm the terms of the renewed FD investment and confirm the renewal.
Confirm
Step 6 Once the renewal process is complete, a confirmation of the FD renewal will be sent to you.

Shriram Fixed Deposit Branches in Ballari

Shriram Finance maintains FD branches in Ballari ready to serve all your fixed deposit requirements. Our branches are staffed with knowledgeable professionals who can provide guidance on how to open fixed deposit accounts or manage your existing Unnati Fixed Deposit Scheme. Here's where you can find us in Ballari

Ballari

  • Second Floor, Property No. 15-1-2-117, Old Property No. 14/1, Ward No. 3, Tirumalakedi Bidi, Ballari Cantonment BALLARI, KARNATAKA Pincode583101 Phone18001036369

Ballari - II

  • Ground Floor, Kinhal Square, 17th Ward, Satyanarayanapet, First Cross, Ballari, Ballari Satyanarayanapet BALLARI, KARNATAKA Pincode583101 Phone18001034959

Ballari - I

  • 04/2nd Floor, Beside Karvy Office, KHB Colony, Gopal Swamy Mudaliar Road, Near Durgamma Temple, Gandhi Nagar BALLARI, KARNATAKA Pincode583103 Phone18001036369
View All Branches

Shriram FD Customer Care in Ballari

Do you have questions or need assistance with your fixed deposit? Our dedicated Fixed Deposit Customer Care team is here to help you. Simply ring us for immediate support with any investment concerns. Our customer care numbers are

Toll Free

Shriram FD Status in Ballari

Want to know your Shriram Fixed Deposit status in Ballari? You can easily check using our online portal or by contacting our customer care team. Regular status checks help you stay informed about when your FD will mature and how much interest you've earned.

Fixed Deposit in Major Cities in India

Fixed deposit in Mumbai
Fixed deposit in pune
Fixed deposit in Indore

Fixed Deposit FAQs

What is the minimum deposit amount for a Fixed Deposit in Ballari?

The minimum deposit amount for a fixed deposit in Ballari for Shriram FD is RsRs.5000, with deposits accepted in multiples of Rs.1,000.

What is the interest rate on Fixed Deposits in Ballari?

The interest rate on FD in Ballari is 8.15%* p.a.(T&C), inclusive of 0.50%* p.a. for Senior Citizens and 0.05%* p.a. for Women Depositors.

Can I open a Fixed Deposit account online in Ballari?

Yes, you can open a FD account online with Shriram Finance in Ballari. The process is quick and convenient, involving these steps 1. Register using your mobile number 2. Choose the investment amount, tenure, and payout option 3. Enter PAN details and complete your KYC 4. Share depositor details and any required declarations 5. Complete the payment online 6. Add nominee details Once these steps are completed, your FD is booked, and you can download your FD certificate

Is premature withdrawal of a Fixed Deposit allowed in Ballari?

Yes, premature withdrawal of a fixed deposit is allowed in Ballari; however, it may incur penalties or reduced interest rates. It is advisable to check the specific terms before proceeding.

Can I open a Fixed Deposit in Ballari in the name of a minor?

Yes, you can open a fixed deposit account in the name of a minor with a guardian's consent with Shriram Fixed Deposit.

Is there any penalty for premature withdrawal of a Fixed Deposit?

Yes, there is usually a penalty for premature withdrawal of a fixed deposit. This penalty often involves a reduction in interest rates applicable to the deposit.

Can I change the nominee for my Fixed Deposit in Ballari?

Yes, you can change the nominee for your FD account in Ballari. This process typically requires submitting a request form along with valid identification details of the new nominee.

Can I open multiple Fixed Deposits in Ballari?

Yes, you can open multiple fixed deposits in Ballari across different financial institutions or within the same financial institution.

What is the maximum amount that can be invested in a Fixed Deposit in Ballari?

Generally, there is no upper limit; however, some financial institutions may have specific schemes with defined limits.

Can I open a Fixed Deposit in a joint account in Ballari?

Yes, you can open a fixed deposit account in a joint account in Ballari subject to the financial institutions terms and conditions.

Are there any fixed deposit schemes for senior citizens in Ballari?

Yes, many financial institutions offer additional fixed deposit interest rates for senior citizens compared to regular deposits. For instance, Shriram Finance offers additional interest rate of 0.50%* p.a. for senior citizens.

What is the difference between FD interest rates for regular and senior citizens in Ballari?

Shriram Finance offers an additional 0.50%* p.a. interest rate for senior citizens compared to regular depositors.

Is there a difference between FD interest rates for different tenures in Ballari?

Yes, FD interest rates can differ based on tenure. Typically, longer tenures may offer higher interest rates compared to shorter ones due to the extended commitment from the depositor.

What is the process to close a Fixed Deposit prematurely in Ballari?

To close a Shriram FD prematurely, submit the original deposit receipt with a Rs.1 revenue stamp, a request letter, and a cancelled cheque. According to the direction of the RBI, a deposit receipt cannot be prematurely closed before three months from the date of deposit/renewal except in case of death of the depositor.

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. Rated "[ICRA]AA+ (Stable)" by ICRA and "IND AA+/Stable" by India Ratings and Research. 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.