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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 Bhiwandi

Planning for future expenses requires a disciplined approach to saving. In Bhiwandi, fixed deposits continue to be a preferred choice for individuals who value clarity and consistency in their investments. It allows one to set aside a certain amount for a fixed period and receive interest in a manner that suits their financial needs. This guide offers a clear overview of how to open a Fixed Deposit in Bhiwandi with Shriram Finance. A Shriram Fixed Deposit provides the flexibility to choose the investment amount, tenure, and interest payout frequency. Whether you are new to investing or looking for a stable savings option, an FD in Bhiwandi can help you move forward with your financial plans. Read on to understand the features, process, and things to consider before you begin.

Types of Fixed Deposits

Shriram Finance in Bhiwandi offers fixed deposit types designed for different financial needs.

interest rates

Cumulative Fixed Deposit

Here, the interest earned is added to your deposit. You do not get interest payouts during the deposit term. Instead, you receive the full amount at maturity. This grows over time due to compounding and helps in building long-term savings. It suits those who can wait till maturity for returns.

achievement

Non-Cumulative Fixed Deposit

This type pays interest regularly—monthly, quarterly, or annually—as chosen by you. It offers consistent income and helps in managing ongoing expenses. The interest is calculated clearly, and payments are on time. You can select the deposit that suits your financial planning and 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

Being aware of the features and benefits of fixed deposits is vital for making informed investment choices in Bhiwandi. Below are the significant 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 Bhiwandi

FD rates in Bhiwandi can change depending on the bank or financial institution and the deposit period you choose. To make a suitable decision, it is wise to compare what different providers offer. This helps you select a fixed deposit that works for your needs, whether you are looking for a steady income stream or planning for long-term savings growth based on your personal financial goals. 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 Bhiwandi

To open a fixed deposit account in Bhiwandi, some eligibility rules must be satisfied. These are the usual fixed deposit requirements set by most financial institutions.

  • 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 Bhiwandi

In Bhiwandi, Shriram Finance lets you start your Shriram Unnati Fixed Deposit easily through its online service or by visiting a branch. With competitive interest rates and flexible tenure options, the process becomes simpler if you prepare your documents in advance. The following steps explain how to invest in a Shriram Unnati Fixed Deposit using the online method.

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 Bhiwandi?

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

You can find FD branches in Bhiwandi by Shriram Finance for all fixed deposit services. These branches allow you to open fixed deposits, enquire about interest rates, or renew existing accounts. The staff ensure your paperwork is complete and offer support at each step, making the FD process more manageable.

Thane

  • Office No. 302, Pushpamangal Building Near Babubhai petrol pump, L B S Marg, Kolbad THANE,MAHARASHTRA Pincode: 400601 Phone:18001034959

Thane - I

  • 1A & 1B,Shreejee Arcade Opposite Nitin Casting Company,Panchpakhadi THANE,MAHARASHTRA Pincode: 400602 Phone:18001034959

Paithan - Aurangabad

  • First Floor, Plot No. 14, Patel Complex, Trimbak Das Patel Nagar, Taluka Paithan PAITHAN,MAHARASHTRA Pincode: 431107 Phone:18001034959
View All Branches

Shriram FD Customer Care in Bhiwandi

If you have questions about your fixed deposit in Bhiwandi, our Customer Care team is here to assist. You can reach out via the contact numbers below to get help regarding your FD account or any related concerns.

Toll Free

Shriram FD Status in Bhiwandi

To access updates on your Fixed deposit in Bhiwandi, go online or contact customer care for support. These options offer quick insights into interest accrual and maturity, allowing you to make informed financial plans and keep track of your deposit’s progress at your convenience.

Fixed Deposit in Major Cities in India

Fixed deposit in Mumbai
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 Bhiwandi?

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

The interest rate on FD in Bhiwandi 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 Bhiwandi?

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

Yes, early withdrawal of fixed deposits usually results in a lower interest rate as a penalty.

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

Yes, Shriram Fixed Deposit allows opening a fixed deposit account for a minor with a guardian’s consent.

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

Yes, premature withdrawal of a fixed deposit usually results in a penalty that reduces the applicable interest rate on the deposit.

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

Yes, you can update the nominee for your FD account in Bhiwandi by submitting a request form along with valid identification details of the new nominee.

Can I open multiple Fixed Deposits in Bhiwandi?

Yes, opening multiple fixed deposits is permitted both within one financial institution and across several institutions.

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

There is usually no upper limit on fixed deposits unless specified under particular schemes offered by financial institutions.

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

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

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

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 Bhiwandi?

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 Bhiwandi?

Yes, FD interest rates can vary depending on the tenure. Longer tenures generally provide different rates compared to shorter ones due to the duration of commitment.

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

To close a Shriram Fixed Deposit prematurely, you need to submit the original deposit receipt with a Rs.1 revenue stamp, a request letter, and a cancelled cheque. As per RBI guidelines, premature closure is not permitted within three months of deposit/renewal unless it is due to 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.