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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 Chhindwara

Chhindwara's position as a commercial and industrial hub in Madhya Pradesh provides excellent opportunities for financial investment. A Fixed Deposit in Chhindwara gives residents a systematic path to wealth creation linking stability with earnings prospects. The FD in Chhindwara creates clear structures that enable investors to navigate financial decisions with assurance. This comprehensive resource offers vital details about fixed deposits, from current rates to access provisions, empowering you to make selections that support both short-term needs and extended financial vision in this diversified economy centre.

Types of Fixed Deposits

Following are the diverse forms of FDs to support your financial ambitions

interest rates

Cumulative Fixed Deposit

A Cumulative Fixed Deposit is an investment vehicle where earned interest is not distributed periodically but instead added to the principal amount. This compounding approach enhances the overall yield, as interest accumulates on the growing principal. At conclusion, investors receive a consolidated amount containing both the initial deposit and accrued interest. Cumulative FDs are suitable for individuals seeking long-term capital growth without requiring regular income flows, utilising compounding to maximise returns.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit delivers interest at designated intervals, providing a steady income flow. It's perfectly matched for individuals needing regular payouts. Interest is calculated using simple interest principles and can be paid monthly, quarterly, or annually. This selection offers predictable returns and greater liquidity compared to cumulative FDs, making it appropriate for handling recurring 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.

Furthermore, our FDs can facilitate various additional financial goals

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

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

Analysing the advantages of fixed deposits available in Chhindwara? Review these primary features and benefits of FD

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

Shriram Fixed Deposit Interest Rates in Chhindwara

The FD rates in Chhindwara demonstrate notable diversity among different financial institutions. Investors should carefully analyse options to optimise their returns. Fundamental factors affecting interest yields include the selected investment duration and the particular financial entity offering the deposit arrangement. Shriram Fixed Deposit is rated "[ICRA]AA+ (Stable)" by ICRA and "IND AA+/Stable" by India Ratings and Research. Get 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 Chhindwara

Prior to investing in a fixed deposit in Chhindwara, applicants must comply with defined qualification requirements. The following groups of investors qualify for starting fixed deposits with Shriram Finance in Chhindwara

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

How to Invest in Fixed Deposit with Shriram in Chhindwara

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Residents of Chhindwara can start a fixed deposit account through Shriram Finance's online services or by physically visiting a Chhindwara branch to complete the application process. Ensure all necessary documents are arranged in advance for seamless registration. The conventional online FD setup routine in Chhindwara typically follows this sequence

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 Chhindwara?

When your FD completes its term, you may wish to renew your Shriram FD in Chhindwara for sustained benefits. Log in to our website/mobile app or stop by our branches to extend your deposit. Here are the typical steps to renew FD 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 Chhindwara

Shriram Finance has established FD branches in Chhindwara to support your fixed deposit requirements. These conveniently positioned offices feature qualified financial advisors who provide customised assistance on how to open fixed deposit or oversee existing Unnati Fixed Deposit Scheme arrangements. Below is the details of Shriram Finance branches in Chhindwara

Chaurai

  • First Floor, H.No. 151, Ward No. 12, Chand Road, Near Bus Stand, Chourai CHHINDWARA, MADHYA PRADESH Pincode480115 Phone18001036369

Chindwara - I

  • Building No 557, 2nd Floor, Rajput Complex, Above Bank of Maharastra ATM, Noniya Karbal, Parasia Road CHHINDWARA, MADHYA PRADESH Pincode480001 Phone18001036369

Pandhurna

  • First Floor, Kh. No. 379, Subhash Ward No. 29, Shankar Mandir, Near Shah Petrol Pump, Pandhurna CHHINDWARA, MADHYA PRADESH Pincode480334 Phone18001034959
View All Branches

Shriram FD Customer Care in Chhindwara

If you need information or help related to your fixed deposit account, our Fixed Deposit Customer Care personnel are prepared to support you. Connect with our team by phone for swift assistance regarding your investments. Our customer service numbers are easily available whenever you require help.

Toll Free

Shriram FD Status in Chhindwara

For viewing your Shriram Fixed Deposit status in Chhindwara, access our convenient digital services or contact our attentive customer care team. Regular oversight of your FD status ensures timely awareness of nearing maturity dates and growing interest returns.

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Fixed Deposit FAQs

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

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

What is the interest rate on Fixed Deposits in Chhindwara?

The interest rate on FD in Chhindwara 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 Chhindwara?

Yes, you can open a FD account online with Shriram Finance in Chhindwara. 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 there any penalty for premature withdrawal of a Fixed Deposit?

Yes, withdrawing a fixed deposit before its scheduled maturity typically incurs a penalty. This commonly manifests as a reduction in the applicable interest rate on your deposit.

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

Yes, you can create a fixed deposit account under a minor's name in Chhindwara through Shriram Fixed Deposit with proper guardian authorisation provided.

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

Yes, updating the nominee for your FD account in Chhindwara is possible. This process normally requires submitting a designated form along with valid identification documents of your newly chosen nominee.

Can I open multiple Fixed Deposits in Chhindwara?

Yes, you have the ability to establish several fixed deposits in Chhindwara across different financial institutions or within a single banking entity.

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

Typically, no maximum investment ceiling exists; however, specific financial institutions might implement certain schemes with defined upper thresholds.

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

Yes, establishing a fixed deposit using a joint account in Chhindwara is allowed, provided you comply with the financial institution's specific requirements and conditions.

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

Yes, numerous financial organisations provide advantageous fixed deposit interest rates for senior citizens compared to regular deposits. In particular, Shriram Finance offers 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 Chhindwara?

Shriram Finance extends a preferential interest rate that is 0.50%* p.a. additional for senior citizens over what regular depositors receive.

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

Yes, FD interest rates differ based on the selected tenure. Generally, longer commitment periods attract higher interest rates than shorter durations due to the extended financial commitment made by the depositor.

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

To close a Shriram FD before maturity, you must submit the original deposit receipt with a ?1 revenue stamp affixed, along with a formal request letter and a cancelled cheque. According to RBI guidelines, deposits cannot be terminated before three months from the deposit/renewal date except when the depositor is deceased.

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.