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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 Amritsar

Still thinking fixed deposits are complicated? You’re not alone. Many in Amritsar hold back from starting because they assume it’s a long and confusing process. But that’s changing. With Shriram Fixed Deposit, you get a clear and flexible way to grow your money. Whether you want regular returns or a lump sum at the end, it’s all in your control. This guide breaks it down in simple steps—no jargon, just what you need to know.

Types of Fixed Deposits

Shriram Finance in Amritsar offers various fixed deposit options to suit different saving habits.

interest rates

Cumulative Fixed Deposit

The interest you earn is added back into your main deposit instead of being paid out during the term. Over time, this interest earns more interest, and the deposit grows. At the end of the term, you receive the combined amount. This type of deposit is helpful if you wish to build your savings over time and do not need periodic returns.

achievement

Non-Cumulative Fixed Deposit

With this option, interest is paid to you at regular intervals—monthly, quarterly, or annually—based on your preference. This gives you a consistent income, which can help manage expenses. The interest calculation is easy to understand, and payments are made on time. You can pick the one that fits your financial goals and routine needs.

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 also help with various life milestones:

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

The FD interest rate of 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 Non-Cumulative Fixed Deposit pays out interest at regular intervals.

Shriram Fixed Deposit Features and Benefits

Understanding the benefits and features of fixed deposits is crucial for making informed financial decisions in Amritsar. The key features and advantages of FD are given below.

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 Amritsar

FD rates in Amritsar differ from one financial provider to another, depending on the length of the deposit and the institution offering the scheme. Reviewing and comparing available rates is essential to find the right option for your savings plan. Based on your preference—whether regular income or long-term savings—you can select a fixed deposit that supports your financial goals while offering expected returns over the chosen investment period. Shriram Fixed Deposit is rated "[ICRA]AA+ (Stable)" by ICRA and "IND AA+/Stable" by India Ratings and Research. Get interest rate of up to 8.15%* p.a. inclusive of 0.50%* 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 Amritsar

To begin a fixed deposit account in Amritsar, you must meet some eligibility requirements. Usually, the following basic conditions apply when opening a fixed deposit with any institution.

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

How to Invest in Fixed Deposit with Shriram in Amritsar

Once your fixed deposit matures, you may choose to renew your Shriram FD in Amritsar and carry forward the investment benefits. The renewal can be done online using the website or the mobile app. Alternatively, you may visit your nearest branch. Follow the steps given below to complete your fixed deposit renewal online.

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 :

    Verify the Bank Details. Then, add your nominee details and complete the payment online

  • Step 5 :

    Download your FD certificate.

How to Renew Your Shriram Unnati Fixed Deposit in Amritsar?

Before your fixed deposit matures, you can renew your Shriram FD in Amritsar to continue enjoying its benefits. You can complete the renewal process online through the website or mobile app or by visiting a branch. Below are the general steps to renew your fixed deposit 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 : Review and confirm the terms of the renewed FD investment and confirm the renewal.
Review
Step 5 : Once the renewal process is complete, a confirmation of the FD renewal will be sent to you.

Shriram Fixed Deposit Branches in Amritsar

You can find FD branches in Amritsar operated by Shriram Finance for your fixed deposit requirements. Visit any branch to open fixed deposits or update your existing accounts. The staff are trained to guide you through the application and renewal process, ensuring ease and clarity. It’s a suitable way to manage your deposits locally.

Amritsar

  • SCO-B-58, 1st Floor, Near To Fresh Vegetable New Amritsar AMRITSAR,PUNJAB Pincode: 143006 Phone:18001036369

Amritsar - I

  • A S Tower, SCO-113, 2nd Floor, Dussehra Ground, D Block, Ranjit Avenue AMRITSAR,PUNJAB Pincode: 143001 Phone:18001036369

Amritsar - II

  • First Floor, Court Road, Near HDFC Bank, Amritsar Bus Stand AMRITSAR,PUNJAB Pincode: 143001 Phone:18001036369
View All Branches

Shriram FD Customer Care in Amritsar

For any questions or concerns about your fixed deposit, our Customer Care team is available to assist you. You can call us to receive information or help with your investment. Please refer to the contact numbers given below.

Toll Free

Shriram FD Status in Amritsar

Keeping track of your Fixed deposit in Amritsar is simple with online access or by reaching out to customer care. These options help you stay informed about interest payouts and maturity schedules, helping you make suitable financial plans and take timely actions based on deposit updates.

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 Amritsar?

The minimum deposit amount for a fixed deposit in Amritsar for Shriram FD is Rs.5,000, with deposits accepted in multiples of Rs.1,000.

What is the interest rate on Fixed Deposits in Amritsar?

The interest rate on FD in Amritsar 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 Amritsar?

Yes, you can open a FD account online with Shriram Finance in Amritsar. 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 Amritsar?

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

Can I open a Fixed Deposit in Amritsar 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 Amritsar?

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

Can I open multiple Fixed Deposits in Amritsar?

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

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

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 Amritsar?

Yes, you can open a fixed deposit account in a joint account in Amritsar subject to the financial institution’s terms and conditions.

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

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 Amritsar?

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 Amritsar?

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 Amritsar?

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.