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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 Bangalore

Wondering how to make your savings work harder for you? Fixed deposits remain one of the simplest ways to grow your money steadily. For those interested in FD in Bangalore, Shriram Fixed Deposit provides a convenient and accessible option with flexible tenures and attractive interest rates. Whether you’re planning for short-term needs or long-term goals, understanding the options for a Fixed Deposit in Bangalore is essential for making smart financial choices. This guide will walk you through all the details to ensure your investment journey is smooth and rewarding.

Types of Fixed Deposits

Following are the various forms of FDs to achieve your financial goals.

interest rates

Cumulative Fixed Deposit

This type of fixed deposit reinvests the interest earned along with the initial amount, rather than paying it out regularly. Over time, the interest compounds, increasing the total amount you receive at maturity. It includes both your original deposit and the accumulated interest. Cumulative fixed deposits are suitable for those looking to grow their savings over the long term without needing regular payouts.

achievement

Non-Cumulative Fixed Deposit

With a non-cumulative fixed deposit, you receive interest payments at regular intervals, such as monthly, quarterly, or annually. This provides a steady income stream, making it ideal for those who need regular payments. The interest is calculated using simple interest, offering predictable returns and easier access to your money compared to cumulative fixed deposits. This makes it a good option for covering ongoing 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 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 fixed deposit features and benefits is essential for making informed investment decisions in Bangalore. Here are the primary features and benefits of FD:

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 Bangalore

FD rates in Bangalore differ across banks and financial institutions, influenced by various factors such as the tenure of the deposit and the type of institution offering it. Comparing these rates is essential to identifying options that align with your financial goals. By evaluating current offerings, you can choose a fixed deposit that suits your needs, whether you prioritise regular payouts or long-term growth. 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 Bangalore

Before opening a fixed deposit account in Bangalore, you need to meet specific eligibility criteria for fixed deposits. Typically, these criteria are as follows 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 Bangalore

Shriram Finance offers competitive interest rates and flexible tenure options on its Shriram Unnati Fixed Deposit. You can conveniently open an account online or visit a branch to complete the process. Ensure that all required documents are ready to make the application process smooth. The steps below outline how to invest in a Shriram Unnati 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 Bangalore?

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

Shriram Finance operates FD branches in Bangalore to cater to your fixed deposit requirements. These branches are equipped with knowledgeable staff who can assist you in opening fixed deposits or managing your existing Shriram Unnati Fixed Deposit accounts. Below is a list of Shriram Finance branches in Bangalore

Indira Nagar

  • No.480, 2nd Main, Binnamangala,2nd Stage, Near Adigas Hotel, Indira Nagar BENGALURU,KARNATAKA Pincode: 560038 Phone:18001036369

Bangalore KH Road

  • 29/A, Floor II, Above Butterfly Office, KH Road, Near KSRTC Central Office BENGALURU,KARNATAKA Pincode: 560027 Phone:18001036369

Marathali

  • SMR Complex Ward No 85, 2nd Floor, Thubarahalli, Opposite to Rishi Hero Showroom, Marathahalli Varthur Main Road, Thubarahalli BENGALURU,KARNATAKA Pincode: 560066 Phone:18001034959
View All Branches

Shriram FD Customer Care in Bangalore

If you have any questions or need help with your fixed deposit account, our Fixed Deposit Customer Care team is here to assist you. You can contact us by phone for quick support with your investments. Below are our customer care contact numbers.

Toll Free

Shriram FD Status in Bangalore

To check the status of your Shriram Fixed Deposit in Bangalore, you can use the online services provided or contact customer care for assistance. Monitoring your FD status helps you stay updated on maturity dates and interest earnings.

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 Bangalore?

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

The interest rate on FD in Bangalore 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 Bangalore?

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

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

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

Can I open multiple Fixed Deposits in Bangalore?

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

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

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 Bangalore?

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

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

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 Bangalore?

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 Bangalore?

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 Bangalore?

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.