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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 Bhimavaram

Bhimavaram is an important agricultural and aquaculture hub. It offers diverse investment pathways that can enhance your financial trajectory. Among these choices, a Fixed Deposit in Bhimavaram emerges as particularly appealing due to its constancy and capacity for steady returns. This comprehensive resource presents important information about FD in Bhimavaram, covering advantages, existing interest rates, and practical recommendations for identifying the appropriate fixed deposit structure matched to your economic aims. Through comprehension of these key elements, you can execute informed choices to grow your reserves and establish financial stability despite seasonal income variations common in this region.

Types of Fixed Deposits

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

interest rates

Cumulative Fixed Deposit

Non-A Non-Cumulative Fixed Deposit releases interest at specified intervals, offering a reliable income flow. It's perfect for individuals requiring regular distribution. Interest calculations use simple interest principles and can be disbursed monthly, quarterly, or annually. This alternative delivers predictable returns and improved liquidity compared to cumulative FDs, making it suitable for covering recurring financial obligations.

achievement

Non-Cumulative Fixed Deposit

Cumulative Fixed Deposit: A Cumulative Fixed Deposit constitutes a deposit type where earned interest isn't distributed periodically but rather reinvested alongside the principal sum. This compounding effect heightens the overall yield, as interest builds upon the expanding principal. Upon conclusion, investors receive a complete amount containing both the initial deposit and gathered interest. Cumulative FDs benefit those seeking long-term growth without requiring regular income, employing compounding to enhance returns.

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. 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 Bhimavaram

The FD rates in Bhimavaram can differ dramatically between banking institutions. To ensure you're not leaving money on the table, thorough comparison research is recommended. The interest yield is primarily influenced by your deposit's duration and the specific financial organisation you select. 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 Bhimavaram

For setting up a fixed deposit account in Bhimavaram, applicants need to meet defined eligibility parameters. Those eligible to open fixed deposits with Shriram Finance in Bhimavaram include.

  • 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 Bhimavaram

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. You can commence a fixed deposit account online or by approaching a Bhimavaram branch to finalise your application. Arrange all required documentation in advance for an efficient setup experience. Generally, the steps below are the process to invest in FD 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 Bhimavaram?

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

Shriram Finance offers strategically located FD branches in Bhimavaram to fulfil your fixed deposit requirements. These financial centres feature knowledgeable consultants who supply expert direction on how to open fixed deposit or maintain active Unnati Fixed Deposit Scheme accounts. Below is the list of Shriram Finance branches in Bhimavaram.

Bhimavaram

  • D No 27-16-9, Ravindra Plaza, Rayalam Road, Behind Padmalaya Theatre BHIMAVARAM,ANDHRA PRADESH Pincode: 534202 Phone:18001036369

Bhimavaram - I

  • D No.3-1-168,1st Floor, Manikanta Complex, Opposite Ratnam Lodge, Near:Ajanta Canteen,P.P. Road BHIMAVARAM,ANDHRA PRADESH Pincode: 534201 Phone:18001036369

Bhavanipuram

  • D.No:76-8-11/2, 2nd Floor, Upstairs of Andhra Bank, Crombay Road, Vijayawada BHAVANIPURAM,ANDHRA PRADESH Pincode: 520012 Phone:18001036369
View All Branches

Shriram FD Customer Care in Bhimavaram

If you require information or support regarding your fixed deposit account, our Fixed Deposit Customer Care specialists are eager to assist. Reach out by phone for immediate guidance about your investments. Our dedicated support numbers are available when you need them. s.

Toll Free

Shriram FD Status in Bhimavaram

To assess your Shriram Fixed Deposit status in Bhimavaram, access our comprehensive online services or reach our dedicated customer care representatives. Consistent tracking of your FD status helps you maintain awareness about forthcoming maturity periods and interest gains.

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Fixed deposit in Indore

Fixed Deposit FAQs

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

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

The interest rate on FD in Bhimavaram 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 Bhimavaram?

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

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

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

Can I open multiple Fixed Deposits in Bhimavaram?

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

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

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 Bhimavaram?

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

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

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 Bhimavaram?

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 Bhimavaram?

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 Bhimavaram?

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.