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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 Asansol

Planning your savings is an important step toward achieving financial stability. For many individuals in Asansol, a fixed deposit continues to be a preferred choice due to its simplicity and predictable returns. However, understanding the features, benefits, and application process can make a significant difference in making the right decision. This guide will provide detailed information about opening a Fixed Deposit in Asansol with Shriram Finance. From interest payout options to flexible investment periods, a Shriram Fixed Deposit is designed to suit a wide range of savings goals. Whether you are investing for the first time or exploring better options, an FD in Asansol can be a practical step toward managing your finances more effectively. Read on to explore how you can get started with ease and confidence.

Types of Fixed Deposits

Shriram Finance in Asansol provides fixed deposit choices to match your preferred saving method.

interest rates

Cumulative Fixed Deposit

This option reinvests the interest you earn into the deposit. You don’t get regular payouts. Instead, you receive the full amount including interest after the term ends. Over the deposit period, the interest compounds and helps your savings grow. It is useful if you are saving for a future need and do not require ongoing income.

achievement

Non-Cumulative Fixed Deposit

This lets you receive interest at intervals monthly, quarterly, or yearly as chosen by you. It helps with regular expenses and provides planned income. The interest is worked out clearly and is paid on time. You can select the deposit based on whether you want regular income or prefer to let your savings grow.

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

Learning about the features and benefits of fixed deposits can support better investment planning in Asansol. Below is a list of the key features and benefits to consider.

Flex Tenure
Predictable returnsPredictable returns
Attractive Interest
Flexible tenureFlexible tenure
Compounding Benefit
Attractive interest ratesAttractive interest rates
Static Alt Text
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 Asansol

FD rates in Asansol may change based on the institution and how long you want to keep your deposit. Each organisation offers different rates, so it is useful to review and compare before investing. Whether your goal is to earn periodic interest or save for the future, selecting a fixed deposit that fits your needs can help you manage your money better and meet your financial objectives effectively. 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 %

loangraph

Deposit

Invested Amount

₹ 50,000

Shriram Fixed Deposit Eligibility Criteria in Asansol

To get started with a fixed deposit account in Asansol, you will need to meet some eligibility standards. Generally, the following points are considered for fixed deposits.

  • 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 Asansol

If your fixed deposit has matured, you can renew your Shriram FD in Asansol and continue receiving returns on your deposit. This can be done either online through the website or mobile application. You can also go to a nearby branch. Below are the steps to follow for renewing your fixed deposit 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 Asansol?

Before your fixed deposit matures, you can renew your Shriram FD in Asansol 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 Asansol

With dedicated FD branches in Asansol, Shriram Finance provides a convenient option for customers to open fixed deposits or maintain their accounts. These branches are staffed by professionals who can help with fixed deposit formalities, including renewals and changes to terms. You can visit the nearest branch for fixed deposit support.

Asansol - I

  • R.S. Plot No. 667(P), Under R.S. Khaitian No. 316, Ward G.T. Road, Under Asansol Municipal Corporation ASANSOL,WEST BENGAL Pincode: 713336 Phone:18001036369

Bankura

  • Above HMT Tractor Showroom, H. No. 221/2/A, Durgapur Bye Pass Road, Lalbazar P.O. - Bankura BANKURA,WEST BENGAL Pincode: 722101 Phone:18001036369

Sonamukhi

  • First Floor, Rajlaxmi Market, Near Police Station, Near Electric Office, Thanagora, Sonamukhi BANKURA,WEST BENGAL Pincode: 722207 Phone:18001034959
View All Branches

Shriram FD Customer Care in Asansol

Should you need assistance with your fixed deposit, our Customer Care team is here to provide support. You can reach out to us through the phone numbers listed below for any queries or updates regarding your investment.

Toll Free

Shriram FD Status in Asansol

To remain informed about your Fixed deposit in Asansol, choose between online tracking options or assistance from customer care. These services provide details about interest and maturity, enabling you to manage your finances properly and ensure that all deposit-related information is easily available to you.

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 Asansol?

The minimum deposit amount for a fixed deposit in Asansol 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 Asansol?

The interest rate on FD in Asansol 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 Asansol?

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

Yes, premature withdrawal of a fixed deposit is allowed in Asansol; 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 Asansol 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 Asansol?

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

Can I open multiple Fixed Deposits in Asansol?

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

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

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 Asansol?

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

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

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 Asansol?

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 Asansol?

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 Asansol?

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.