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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 Cuttack

Making space for regular savings is an important step towards financial planning. In Cuttack, many people prefer fixed deposits to manage their funds in a structured way. It allows you to invest a fixed amount for a set period and earn interest based on your preferences. This guide will help you understand how to open a Fixed Deposit in Cuttack with Shriram Finance. With a Shriram Fixed Deposit, you can choose the tenure, amount, and interest payout mode that suits your financial needs. Whether you are saving for a future goal or simply looking to organise your finances better, an FD in Cuttack can be a practical choice. Read on to explore how it works and what to consider before you begin.

Types of Fixed Deposits

Shriram Finance in Cuttack offers fixed deposit options tailored to meet different financial preferences.

interest rates

Cumulative Fixed Deposit

With this type, interest is not paid at regular intervals but added back to your deposit. It grows through compounding and is paid along with the principal at maturity. This is suitable for those planning to grow their savings without needing regular payouts.

achievement

Non-Cumulative Fixed Deposit

This option pays interest on a regular basis—monthly, quarterly, or yearly—based on your choice. It helps support regular expenses and offers a steady source of income. The interest is calculated using a simple method and paid on time. You may choose the deposit type depending on your financial needs. Shriram Finance branches in Cuttack and the online platform are available to help you open and manage your fixed deposit account easily.

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

To make informed saving decisions in Cuttack, it helps to know the important features and benefits of fixed deposits. This knowledge supports better financial planning. Key aspects of fixed deposits are mentioned below to help you choose wisely.

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 Cuttack

FD rates in Cuttack are based on the financial institution and the duration of your deposit. These rates can change, so it is useful to compare them. Whether you are looking for regular payouts or long-term growth, picking the right fixed deposit helps you handle your finances with clarity and meet your personal savings goals more effectively. 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 %

loangraph

Deposit

Invested Amount

₹ 50,000

Shriram Fixed Deposit Eligibility Criteria in Cuttack

When you are planning to open a fixed deposit in Cuttack, you must meet a few basic eligibility requirements. The common conditions needed to start your fixed deposit are listed below.

  • 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 Cuttack

Shriram Finance provides the Shriram Unnati Fixed Deposit in Cuttack with both online and branch-based application options. The fixed deposit offers various tenures and fair interest rates. It is advised to keep your documents ready for a hassle-free experience. The steps outlined below will help you apply online for a Shriram Unnati Fixed Deposit.

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 Cuttack?

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

Shriram Finance operates FD branches in Cuttack where you can open fixed deposits and access support services. These branches have experienced staff to assist with queries like account renewals or new deposit applications. A visit to one of these branches can help you better understand your options.

Cuttack

  • Plot No-5, 2nd Floor, Nayabazar, Mahanadi Vihar, Beside Kalinga Gramya Bank CUTTACK,ODISHA Pincode: 753004 Phone:18001036369

Cuttack - I

  • At Gajanan Complex, Khata, No.1205/521, Dolomundei, P.O. Baxibazar, P.S. Purighat CUTTACK,ODISHA Pincode: 753001 Phone:18001036369

Bhubaneswar

  • 2nd Floor, Gitanjali Complex, above State Bank of India, Lewis Road BHUBANESWAR,ODISHA Pincode: 751002 Phone:18001036369
View All Branches

Shriram FD Customer Care in Cuttack

In Cuttack, you can speak to our Fixed Deposit Customer Care team for help with anything related to your FD account. The team is available to provide support. For quick access, the contact numbers are mentioned below.

Toll Free

Shriram FD Status in Cuttack

If you have a fixed deposit in Cuttack, you can check its status by visiting the online portal or contacting customer care. These services help you view your maturity details and interest earnings, giving you useful information and enabling easy tracking of your fixed deposit.

Fixed Deposit in Major Cities in India

Fixed deposit in Mumbai
Fixed deposit in pune
Fixed deposit in Indore

Fixed Deposit FAQs

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

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

The interest rate on FD in Cuttack 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 Cuttack?

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

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 Cuttack in the name of a minor?

Yes, with Shriram Fixed Deposit, you can open a fixed deposit account for a minor as long as the guardian provides their 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 Cuttack?

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

Can I open multiple Fixed Deposits in Cuttack?

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 Cuttack?

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 Cuttack?

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

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

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 Cuttack?

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 Cuttack?

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 Cuttack?

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.