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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 Bhubaneswar

Organising your savings can help you manage future financial needs with confidence. In Bhubaneswar, fixed deposits are often considered by individuals looking for consistency in their investment approach. It offers a structured way to grow savings over a chosen period. This guide will give you a clear understanding of how to open a Fixed Deposit in Bhubaneswar with Shriram Finance. With a Shriram Fixed Deposit, you can decide how long to invest, how much to deposit, and how you wish to receive the interest monthly, quarterly, or at maturity. If you are considering an FD in Bhubaneswar to plan or set aside funds for a specific goal, this guide will help you make a well-informed decision.

Types of Fixed Deposits

Shriram Finance in Bhubaneswar provides fixed deposit options tailored to various financial preferences.

interest rates

Cumulative Fixed Deposit

This type adds interest to the deposit amount instead of paying it out regularly. The amount grows over time through compounding, and the full sum is paid at the end of the term. This is suitable for individuals who want to build a larger savings corpus over time without requiring regular income.

achievement

Non-Cumulative Fixed Deposit

This option pays out interest regularly, depending on your preference monthly, quarterly, or yearly. It helps manage recurring expenses and supports regular income needs. The interest is calculated using a straightforward method and is paid on the agreed schedule. Select the fixed deposit type that matches your financial goals and time frame. Both options are available through Shriram Finance branches or online services in Bhubaneswar.

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.

Also, our FDs can be used for various other financial goals

  • FD for Wedding Expenses
  • Fixed Deposit for Children
  • FD for Retirement Fund
  • FD for Home Expenses

The FD interest rate is 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 a Non-Cumulative Fixed Deposit pay out interest at regular intervals (monthly, quarterly, half-yearly, or yearly).

Shriram Fixed Deposit Features and Benefits

Understanding the features and benefits of fixed deposits can help you plan your savings in Bhubaneswar. This knowledge makes it easier to compare various options available. Below are some important points that explain how fixed deposits can support your financial plans.

Flex Tenure
Special interest benefit for senior citizens and women depositorsSpecial interest benefit for senior citizens and women depositors
Attractive Interest
Low minimum investment amountLow minimum investment amount
Compounding Benefit
Flexible tenureFlexible tenure
Static Alt Text
Predictable returns Predictable returns
Predictable Return
Cumulative and non-cumulative schemesCumulative and non-cumulative schemes
Cumulative
Attractive interest ratesAttractive interest rates
Low Investment
Compounding benefitsCompounding benefits

Shriram Fixed Deposit Interest Rates in Bhubaneswar

FD rates in Bhubaneswar depend on the bank or financial company and the term you choose. Since every institution offers different returns, comparing rates is a good idea. You can select a deposit that pays interest regularly or allows it to grow. This helps match your financial goals and improves the way you manage your savings. Picking the right fixed deposit based on these factors can support better money planning. Shriram Fixed Deposit is rated "[ICRA]AA+ (Stable)" by ICRA and "IND AA+/Stable" by India Ratings and Research. GGet an interest rate of up to 8.15%* p.a. inclusive of 0.50%* p.a. for Senior Citizens and 0.05%* 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 Bhubaneswar

To start a fixed deposit in Bhubaneswar, certain eligibility requirements must be followed. Most institutions ask you to meet the basic criteria mentioned below before allowing you to open a fixed deposit account.

  • IndividualEligibility Criteria
    • Hindu Undivided Family
    • Partnership Firm
    • Indian Residents
    • Trust and Foundation
    • Companies
    • Non-Resident Indians (NRIs)
    • Unincorporated Association or Body of Individual

How to Invest in Fixed Deposit with Shriram in Bhubaneswar

In Bhubaneswar, Shriram Finance provides the Shriram Unnati Fixed Deposit, which you can apply for online or by visiting a nearby branch. The fixed deposit offers flexible tenures and interest rates that match your needs. Ensure that your documents are ready to avoid delays. Below are the steps to follow for opening 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

    Complete the payment online and add nominee details.

  • Step 5

    Download your FD certificate.

How to Renew Your Shriram Unnati Fixed Deposit in Bhubaneswar?

When the deposit period ends, you may decide to renew your Shriram FD in Bhubaneswar and continue enjoying fixed deposit benefits. You can carry out the process online via the website or app. You may also visit a nearby branch. The steps outlined below explain how 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 Select the FD amount and tenure.
Review
Step 5 Review and confirm the terms of the renewed FD investment and confirm the renewal.
Confirm
Step 6 Once the renewal process is complete, a confirmation of the FD renewal will be sent to you.

Shriram Fixed Deposit Branches in Bhubaneswar

Shriram Finance provides customer assistance through FD branches in Bhubaneswar, where you can open fixed deposits or manage existing ones. The staff at these branches help with various services including account set-up and renewal. A visit to the branch can also give you a clearer view of available fixed deposit options.

Bhubaneswar

  • 2nd Floor, Gitanjali Complex, above State Bank of India, Lewis Road BHUBANESWAR, ODISHA Pincode751002 Phone18001036369

Orrisa North Regional Office

  • Plot No-125 & 126 3rd Floor, Laxmisagar, Near Vits Hotel,Above Modicare BHUBANESWAR, ODISHA Pincode751006 Phone18001034959

Bhubaneswar - I

  • HIG-25, Jaydev Vihar, Opposite Hotel Pal Heights BHUBANESWAR, ODISHA Pincode757026 Phone18001036369
View All Branches

Shriram FD Customer Care in Bhubaneswar

For support with your fixed deposit account in Bhubaneswar, you can connect with our Fixed Deposit Customer Care team. They are available to help you with your queries. You will find the relevant customer care contact numbers provided below for your use.

Toll Free

Shriram FD Status in Bhubaneswar

Stay updated about your Fixed deposit in Bhubaneswar by logging in through the online portal or contacting customer care. These services allow you to review interest earned and maturity details, helping you take informed decisions and giving you easy access to track your deposit status at any time.

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Fixed deposit in Punjab

Fixed Deposit FAQs

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

The minimum deposit amount for a fixed deposit in Bhubaneswar for Shriram FD is RsRs.5000, with deposits accepted in multiples of Rs.1,000.

What is the interest rate on Fixed Deposits in Bhubaneswar?

The interest rate on FD in Bhubaneswar 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 Bhubaneswar?

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

Yes, premature withdrawal of a fixed deposit usually incurs a penalty, which typically involves a reduction in the applicable interest rate.

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

Yes, with Shriram Finance in Bhubaneswar, you can open a fixed deposit account for a minor, provided the guardian gives consent and provides the required documents.

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

Yes, premature withdrawal of a fixed deposit in Bhubaneswar typically incurs a penalty, leading to a lower interest rate being applied.

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

Yes, to change the nominee for your FD in Bhubaneswar, submit a request form along with valid identification of the new nominee.

Can I open multiple Fixed Deposits in Bhubaneswar?

Yes, you can open multiple fixed deposits in Bhubaneswar, either within the same financial institution or across different ones.

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

Generally, there is no maximum limit for fixed deposit investments in Bhubaneswar, unless specified by certain schemes.

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

Yes, opening a fixed deposit jointly in Bhubaneswar is possible, subject to the institution's terms and conditions.

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

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 Bhubaneswar?

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 Bhubaneswar?

Yes, fixed deposit interest rates in Bhubaneswar can vary depending on tenure, with different durations offering different rates.

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

To close your Shriram Fixed Deposit early in Bhubaneswar, provide the original deposit receipt with a Rs.1 revenue stamp, a request letter, and a cancelled cheque. As per RBI regulations, premature closure within three months is not allowed unless 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.