Invest in Shriram Unnati Fixed Deposit Maximise your returns & earn up to 7.80%* p.a.

(Inclusive of 0.50%* p.a. for senior citizens & 0.05%* p.a. for women depositors)

T&C Apply

Terms and Conditions

Your Consent to Proceed
To help us serve you better, we need your permission for a few things. Please read and agree before continuing.
*By proceeding, you indicate that you are subscribing to our service and promotional calls.

1. Sharing & Using Your Information

You allow Shriram Finance Limited (SFL) to share and/or fetch any of my/our information (including my/our sensitive personal information, location etc.) or any other device information when SFL considers such disclosure/ fetching as necessary, with/ from

Our employees, contracted agents and service providers
Credit bureaus, auditors, government and regulatory bodies
KYC agencies (UIDAI, CERSAI)

We do this to:

Help you apply and complete your onboarding
Verify your identity and do KYC checks
Follow legal and regulatory requirements
Check your creditworthiness
Process your data securely for risk review, scoring, and support
Contact you for service-related matters
Report defaults and recover overdue amounts if needed

2. Camera & Microphone Access

You allow us one-time access to your phone's camera and microphone. We only use it to complete KYC verification during your onboarding.

3. Privacy Policy

You confirm that you've read and understood our Privacy Policy, and you agree to review any updates we may make from time to time.

4. Terms & Conditions

You also agree to our Terms & Conditions, which govern your use of our services. Please read them carefully before proceeding.

5. Help from Our Support Team

You give us permission to share your details with our service partners. They may contact you to help you complete your application or guide you through the onboarding process. This consent will override any registrations with NCPR/NDNC.

KYC related Terms and Conditions

CKYC Consent -

I hereby authorize SFL to verify/check/obtain/download/upload/update my KYC details from/with the Central KYC Registry(CERSAI):

By verifying such details through the CKYC number (i.e. KYC Identifier Number - KIN) provided by me or
By obtaining such CKYC number/KIN, through details shared by me for this Application Form.
I hereby consent for receiving information from Central KYC Registry through SMS/Email on the above registered number/email address.

Aadhaar based authentication (Aadhaar eKYC) or verification (Aadhaar OKYC) facility provided by Unique Identification Authority of India "UIDAI" -

E-KYC Consent -

At my own discretion, I voluntarily opt to perform and avail Aadhaar based authentication (eKYC) or verification (OKYC) from UIDAI and hereby submit to the SFL, the physical copy of Aadhaar card / physical e-Aadhaar / masked Aadhaar / Aadhaar Secure QR code / offline electronic Aadhaar xml as issued by UIDAI (Aadhaar), Aadhaar number, Virtual ID, e-Aadhaar, Aadhaar Letter, XML file, date of birth, Aadhaar holder name, photo, demographic information, face authentication details and/or biometric information (collectively, "Information") for the purpose of establishing my identity / address proof or in the capacity of guardian of my minor child's identity / address.
I am informed by the SFL that in connection with Aadhaar e-KYC or Aadhaar OKYC services, SFL shall share Aadhaar number and/or biometrics with CIDR/UIDAI, and in response, the CIDR/UIDAI shall share with SFL, the authentication data or verification data such as Aadhaar Holder Name, Date of Birth, Address, Photo, and Registered Mobile Number.

PURPOSE: I for myself/as guardian of minor child, authorise and give my consent to the SFL, for following informed purposes: -

Above mentioned information shall be used for KYC and periodic KYC updation process as per the PML Act, 2002 and rules thereunder and RBI guidelines, or for establishing my identity, carrying out my identification, e-KYC, or OKYC, or Yes/No Authentication, demographic or other authentication / verification / identification as may be permitted as per applicable law, for all accounts, facilities, services and relationships of/through the SFL, existing and future.
Collecting, sharing, storing, preserving Information, maintaining records and using the Information and authentication/verification/ identification records:for the informed purposes above, as well as for regulatory and legal reporting and filings and/or where required under applicable law; producing records and logs of the consent, Information or of authentication, identification, verification etc. for evidentiary purposes including before a court of law, any authority or in arbitration.
I further understand that Aadhaar number and core biometrics will not be stored/ shared except as per laws/regulations and for CIDR/UIDAI submission.
I shall be submitting to the Company any one of the Officially Valid documents such as Aadhaar, Voter ID, Driving License or Passport for customer due diligence/KYC process.

CONSENT DATA AND INFORMATION SHARING FROM FOR DIGILOCKER PROVIDED BY MEIT (Ministry of Electronics and Information Technology):

I authorise and give my consent to the SFL to obtain, share and store Certified Copy of Officially Valid Documents (OVD) or equivalent e-documents of OVD including documents issued through secured cloud based Digilocker platform of MeIT for the purpose of availing Financial Products from SFL.

KYC through Video Customer Identification Process(VCIP) – If I opt for VCIP Mode, I hereby agree and acknowledge/authorise:

That video based KYC validation (” Video KYC process”) has been provided as alternate method for establishing my identity with SFL
That my KYC will be completed by SFL, through Video KYC process, in accordance with process provided under the prevailing regulation, including Master Direction Know Your Customer (KYC) Direction, 2016, issued by Reserve Bank of India(“RBI”) and the amendments thereof.
All particulars, information and details to be provided by me in relation to this Video KYC process represent the true, correct and upto date information of myself in all respects.
That Video KYC process shall include but shall not be limited to the following steps concluded by authorised officer of SFL:
Live capturing of photo, along with live GPS co-ordinate (Geo-tagging) of the customer undertaking the VCIP and date time stamp where such live photo is being taken;
Permanent Account Number (PAN) is mandatory for onboarding through V-CIP mode and capturing clear image of PAN card during the V-CIP process. The PAN details will be verified from the verification facility of the issuing authority.
If Aadhaar card is permitted to be accepted as a documentary proof under law/regulation, the same will be obtained as contemplated under the prevalent law/regulation.
Video recording of the interaction (for concluding Video KYC) will be stored by SFL in accordance with applicable law/regulation.

Camera & Microphone Access

You allow us one-time access to your phone's camera and microphone. We only use it to complete KYC verification during your onboarding.

Fixed Deposit in Gangtok

A Fixed Deposit in Gangtok is an excellent option for those seeking safe and consistent returns on their savings. It’s ideal for individuals who want to avoid the volatility of market-linked products while ensuring their money continues to grow over time. Shriram Finance offers a straightforward and hassle-free way to invest in an FD. With the Shriram Fixed Deposit, you can benefit from competitive interest rates and flexible tenure options. Women and senior citizens are also eligible for special interest rates, making it an inclusive investment avenue for different types of savers. The application process is quick and simple, with minimal paperwork required, so you don’t have to worry about long waiting periods or complicated formalities. This makes it easier for you to start saving with confidence. Open an FD in Gangtok with Shriram Finance and enjoy the advantage of secure and reliable savings.

Types of Fixed Deposits

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

Cumulative Fixed Deposit

A Cumulative Fixed Deposit keeps the interest in the account, allowing it to grow along with the principal through compounding. Investors receive the entire payout at maturity, covering both the deposit and all compounded interest. This option works well for those who prefer to grow their savings over time without needing interim income.

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit is structured to offer regular interest payouts—either monthly, quarterly, or annually. Based on simple interest, it supports investors who depend on periodic earnings. This type of FD is more flexible and suits those managing ongoing financial needs.

FD for Senior Citizens

This FD type provides an additional 0.50%* p.a. interest rate for senior citizens.

Fixed Deposit for Women

Women depositors receive an extra 0.05%* p.a. interest rate.

Fixed Deposit for NRI

Non-Resident Indians can invest in FDs through offline channels in India.

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 7.80%* 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 fixed deposit features and benefits can assist in setting clearer financial goals. Here’s a quick outline of what our fixed deposit offers:

Predictable returnsPredictable returns

Flexible tenureFlexible tenure

Attractive interest ratesAttractive interest rates

Special interest benefit for senior citizens and women depositorsSpecial interest benefit for senior citizens and women depositors

Cumulative and non-cumulative schemesCumulative and non-cumulative schemes

Low minimum investment amountLow minimum investment amount

Compounding benefitsCompounding benefits

Shriram Fixed Deposit Interest Rates in Gangtok

The FD rates in Gangtok are not uniform and vary across institutions. Reviewing these options helps you secure better returns. The differences usually depend on tenure length and the institution type. 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 7.80%* 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
12	6.75
^{(Digital Only)}15	7.05
18- 23	7.00
24- 35	7.05
36-60	7.25

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.
12	6.55	6.59	6.64	6.75
^{(Digital Only)}15	6.83	6.87	6.93	7.05
18 - 23	6.79	6.82	6.88	7.00
24 - 35	6.83	6.87	6.93	7.05
36 - 60	7.02	7.06	7.12	7.25

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 %

Deposit

Invested Amount

₹ 50,000

Shriram Fixed Deposit Eligibility Criteria in Gangtok

To apply for a fixed deposit with Shriram Finance, certain criteria must be met. Below are the standard eligibility conditions to open an FD.

- 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 Gangtok

Shriram Finance provides competitive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. You may apply for a FD online or by visiting your nearest branch. To avoid delays, make sure your documents are prepared. The online application procedure is outlined below.

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 Gangtok?

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

Shriram Fixed Deposit Branches in Gangtok

Shriram Finance provides services through its FD branches in Gangtok. Each branch is equipped with professionals who can help you open fixed deposit or manage the existing Unnati Fixed Deposit Scheme accounts. A full list of branches is mentioned below below

Gangtok

SECOND FLOOR, ADAMPOOL RUMTEK ROAD, NEAR TATA SHOWROOM GANGTOK,SIKKIM Pincode: 737102 Phone:18001036369

Singtam

Manju Prasad Building, 2nd Floor, Singtam Bazar, Above IDBI Bank, Dikchu Road SINGTAM,SIKKIM Pincode: 737134 Phone:18001034959

Jorethang

First Floor, Jorethang Bazar, Nayabazar, Forest Block, Beside RTO & Police Station, Jorethang WEST SIKKIM,SIKKIM Pincode: 737121 Phone:18001036369

View All Branches

Shriram FD Customer Care in Gangtok

If you have any questions or need assistance, our Fixed Deposit Customer Care team is here for you. Please call us for quick and helpful support. Contact information is shared below.

Toll Free

Shriram FD Status in Gangtok

To check your Shriram Fixed Deposit status in Gangtok, you can use our digital services or get in touch with customer service. Keeping track of interest and maturity details is always beneficial.

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 Gangtok?

You can open a fixed deposit in Gangtok with Shriram Finance starting from Rs.5,000. Any extra investment needs to be in multiples of Rs.1,000.

What is the interest rate on Fixed Deposits in Gangtok?

The current FD interest rate offered in Gangtok is 7.80%* 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 Gangtok?

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

Yes, you can withdraw early, but this might lead to a lower interest payout or penalty charges. It's best to check the terms first.

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

Yes, a fixed deposit account can be opened in a minor’s name with the consent of a guardian.

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

Yes, premature withdrawal of fixed deposits generally attracts penalties, typically in the form of reduced interest payouts.

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

Yes, it is possible to update your nominee. This will require a formal request along with valid identification for the new nominee.

Can I open multiple Fixed Deposits in Gangtok?

Yes, you are permitted to have more than one fixed deposit in Gangtok. You can choose to keep them all in one place or spread them across different financial institutions.

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

Usually, there's no set maximum amount for fixed deposit investments. However, some specific FD schemes might have their own limits.

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

Yes, the opening of joint fixed deposits is permitted in Gangtok, subject to the specific terms and conditions of the financial institution.

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

Yes, there are several institutions that offer exclusive schemes for senior citizens with higher interest rates than regular rates. For example, Shriram Finance provides an additional 0.50%* p.a. for senior citizen depositors.

What is the difference between FD interest rates for regular and senior citizens in Gangtok?

Senior citizens receive 0.50%* p.a. more than the standard rate when they invest in a fixed deposit with Shriram Finance.

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

Yes, FD interest rates vary with the tenure. If you invest for a longer time, you'll typically get a higher rate.

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

For premature closure of a fixed deposit with Shriram Finance, you are required to submit the original deposit certificate affixed with a Rs.1 revenue stamp, a written application for closure, and a cancelled cheque. Furthermore, as per Reserve Bank of India (RBI) regulations, premature withdrawal is typically not permitted within three months from the date of deposit or renewal, with the exception of the depositor's demise.

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.

Non Resident Indian