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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 Bhadrak

As Bhadrak continues its economic development, residents have increasing reasons to consider structured financial planning. A Fixed Deposit in Bhadrak introduces a methodical approach to savings that integrates principal protection with steady earnings. The FD in Bhadrak provides transparent frameworks that help investors plan with confidence. This essential guide presents key information about fixed deposits, covering interest offerings to access flexibility, supporting you in creating financial strategies that address immediate monetary needs while nurturing future financial resilience in this evolving district.

Types of Fixed Deposits

Following are the multiple types of FDs to help attain your financial aspirations.

interest rates

Cumulative Fixed Deposit

A Cumulative Fixed Deposit operates through interest retention rather than payout, with earnings progressively added to your principal. This creates a growing compounding mechanism that enhances your wealth accumulation, producing returns on both your initial investment and previously accumulated interest. When your deposit matures, you receive the full amount comprising your original sum plus all compounded earnings. This format particularly advantages those pursuing significant long-term capital appreciation without requiring regular income.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit facilitates interest distribution at predetermined intervals, establishing a reliable income flow. These disbursements, calculated using simple interest principles, can be arranged monthly, quarterly, or yearly according to your needs. This approach delivers steady returns and better access to funds compared to cumulative options, especially benefiting those with recurring expense requirements.

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

Identifying the fundamental advantages and features of fixed deposits helps in creating effective investment plans. The key aspects of FD consist of:

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 Bhadrak

FD rates in Bhadrak display noticeable variations among different banks and NBFCs. Judicious savers diligently evaluate multiple alternatives before allocating their capital. The interest you receive generally depends on factors including your preferred investment duration and the specific financial establishment safeguarding your deposit. 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 Bhadrak

Accessing a Shriram Finance fixed deposit in Bhadrak demands fulfillment of specified eligibility requisites. The categories authorised to start fixed deposits in Bhadrak contain.

  • 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 Bhadrak

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Creating a fixed deposit is straightforward whether you opt for online services or choose to visit a Bhadrak branch directly to present your documentation. Collect all essential identity and address proof materials beforehand for a smooth application process. Generally, these systematic steps permit you to set up an FD through digital platforms.

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 Bhadrak?

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

Shriram Finance has systematically installed FD branches in Bhadrak to meet your fixed deposit goals. These customer-focused facilities employ proficient financial advisors who provide specialised guidance on how to open fixed deposit accounts or monitor current Unnati Fixed Deposit Scheme portfolios. Below is the compilation of Shriram Finance branches in Bhadrak

Bhadrak

  • 2nd Floor, Chhapulia Bypass, P.O. & P.S. Bhadrak Town, Opposite of Vishal Megamart BHADRAK,ODISHA Pincode: 756100 Phone:18001036369

Baripada

  • First Floor, Post office - Bhanjpur, Police Station - Bhanjpur, near Axis Bank, Baripada MAYURBHANJ,ODISHA Pincode: 757002 Phone:18001036369

Rairangpur

  • Second Floor, Plot No. 1059-2021, Post Office Rairangpur MAYURBHANJ,ODISHA Pincode: 757043 Phone:18001034959
View All Branches

Shriram FD Customer Care in Bhadrak

Should questions arise or you seek further clarity regarding your fixed deposit account, our specialised Fixed Deposit Customer Care team in Bhadrak is prepared to offer thorough assistance. Connect with our phone helpline for quick support with your investments. Our full customer service information remains available whenever required.

Toll Free

Shriram FD Status in Bhadrak

To examine your Shriram Fixed Deposit status in Bhadrak, use our comprehensive digital platform or reach out to our dedicated support representatives. Periodic monitoring of your FD status allows you to remain aware of upcoming maturity periods and interest progressions.

Fixed Deposit in Major Cities in India

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Fixed deposit in pune
Fixed deposit in Indore
Fixed deposit in Punjab

Fixed Deposit FAQs

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

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

The interest rate on FD in Bhadrak 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 Bhadrak?

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

Yes, premature withdrawal of a fixed deposit is allowed in Bhadrak; however, it may entail penalties or diminished interest rates. It's advisable to review the specific terms before proceeding.

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

Yes, you can create a fixed deposit account for a minor with guardian approval with Shriram Fixed Deposit.

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

Yes, penalties typically apply for premature withdrawal of a fixed deposit. This penalty commonly involves a reduction in the applicable interest rates for the deposit.

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

Yes, you can update the nominee for your FD account in Bhadrak. This procedure generally requires submitting a request form with valid identification information of the new nominee.

Can I open multiple Fixed Deposits in Bhadrak?

Yes, you can establish multiple fixed deposits in Bhadrak across different financial institutions or within the same banking organisation.

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

Generally, there is no maximum limit; however, some financial institutions may have particular schemes with specified limits.

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

Yes, you can create a fixed deposit account in a joint account in Bhadrak according to the financial institution's terms and conditions.

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

Yes, many financial organisations offer preferential fixed deposit interest rates for senior citizens compared to regular deposits. For instance, Shriram Finance provides an 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 Bhadrak?

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

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

Yes, FD interest rates can vary based on tenure. Generally, longer tenures may provide higher interest rates compared to shorter ones due to the extended commitment period from the depositor.

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

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

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.