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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 Hindupur

Hindupur is an emerging economic centre in Andhra Pradesh, providing numerous investment channels to strengthen your financial outlook. Among these, a Fixed Deposit in Hindupur is particularly noteworthy for its stability and dependable returns. This informative guide presents essential details about FD in Hindupur, including benefits, current interest rates, and practical advice for choosing the right fixed deposit solution aligned with your financial requirements. Armed with this knowledge, you can make strategic decisions to grow your resources and establish financial security in this developing urban centre.

Types of Fixed Deposits

Following are the various forms of FDs to help attain your financial goals.

interest rates

Cumulative Fixed Deposit

A Cumulative Fixed Deposit constitutes an investment option where earned interest isn't distributed periodically but rather reinvested alongside the principal sum. This compounding effect increases the overall yield, as interest grows on the expanding principal. Upon completion, depositors receive a comprehensive amount comprising both the initial investment and accumulated interest. Cumulative FDs are suitable for those seeking long-term growth without requiring regular income, employing compounding to maximise returns.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit delivers interest at defined intervals, providing a steady income flow. It's perfect for those needing regular payments. Interest is calculated using simple interest methodology and can be issued monthly, quarterly, or annually. This alternative offers predictable returns and enhanced liquidity compared to cumulative FDs, making it appropriate for addressing recurring financial commitments.

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

Understanding the fixed deposit features and benefits is essential for making informed investment decisions. Here are the primary features and benefits of FD:

Flex Tenure
Predictable returnsPredictable returns
Attractive Interest
Flexible tenureFlexible tenure
Compounding Benefit
Attractive interest ratesAttractive interest rates
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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 Hindupur

The FD rates in Hindupur vary widely throughout the financial marketplace. Comparing different offerings is crucial for anyone seeking to optimise their investment returns. Generally, the interest you earn depends significantly on both your chosen deposit period and the specific institution holding your funds. 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 Hindupur

When applying for a fixed deposit in Hindupur, you should verify your eligibility according to Shriram Finance guidelines. The eligibility criteria for fixed deposits in Hindupur include these investor categories.

    • 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 Hindupur

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. You may initiate a fixed deposit account using online or by approaching a Hindupur branch to submit your application. Have all essential documentation ready for a smooth enrolment process. Generally, the steps below are the process to invest in FD online.

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 Hindupur?

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

Shriram Finance features accessible FD branches in Hindupur to support your fixed deposit goals. These customer-focused centres are equipped with experienced finance specialists who provide detailed guidance on how to open fixed deposit or monitor current Unnati Fixed Deposit Scheme accounts. Below is the list of Shriram Finance branches in Hindupur.

Hindupur

  • D No 4-2-224/1,1st Floor, Lakshmi Plaza, Rahamathpur Circle, Near Railway Station HINDUPUR,ANDHRA PRADESH Pincode: 515201 Phone:18001036369

Hindupur - I

  • D.No. 1-4-12, 1st Floor, Beside BST Filling Station HINDUPUR,ANDHRA PRADESH Pincode: 515201 Phone:18001036369

Addanki - I

  • D.No.9-333, Pentyala Plaza, Upstairs of Bank of India, Opposite Geetha Mandhir ADDANKI,ANDHRA PRADESH Pincode: 523201 Phone:18001036369
View All Branches

Shriram FD Customer Care in Hindupur

Should queries arise or assistance be needed with your fixed deposit account, our Fixed Deposit Customer Care advisors are available to guide you. Communicate via telephone for swift support concerning your investments. Our dedicated helpline numbers are provided for your reference.

Toll Free

Shriram FD Status in Hindupur

To examine your Shriram Fixed Deposit status in Hindupur, browse our straightforward online services or communicate with our knowledgeable customer service staff. Periodic checking of your FD status ensures you're continuously informed about approaching maturity dates and interest earnings.

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 Hindupur?

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

The interest rate on FD in Hindupur 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 Hindupur?

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

Yes, premature withdrawal of a fixed deposit is permitted in Hindupur; however, this service may involve penalties or interest rate adjustments. It's recommended to understand the exact conditions before proceeding.

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

Yes, establishing a fixed deposit account for a minor in Hindupur is available through Shriram Fixed Deposit with proper guardian approval.

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

Yes, closing a fixed deposit before its maturity typically results in a penalty. This generally involves a reduction in the applicable interest rate for your deposit.

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

Yes, changing the nominee for your FD account in Hindupur is an option. This process usually requires submitting a formal application along with valid identification documents of the new nominee.

Can I open multiple Fixed Deposits in Hindupur?

Yes, you can maintain multiple fixed deposits in Hindupur with different financial institutions or within the same banking provider.

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

Generally, there is no investment ceiling; however, certain financial institutions may feature specific schemes with predetermined maximum limits.

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

Yes, setting up a fixed deposit through a joint account in Hindupur is allowable, subject to the financial institution's specific guidelines and requirements.

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

Yes, many financial institutions provide enhanced fixed deposit interest rates for senior citizens compared to standard deposits. Particularly, 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 Hindupur?

Shriram Finance gives senior citizens a preferential rate of 0.50%* p.a. higher than what regular depositors receive.

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

Yes, FD interest rates vary based on tenure selection. Typically, longer commitment periods may yield higher interest rates than shorter durations due to the extended financial commitment from depositors.

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

To terminate a Shriram FD before maturity, provide the original deposit receipt with a Rs.1 revenue stamp attached, accompanied by a formal request letter and a cancelled cheque. According to RBI regulations, a deposit cannot be closed before three months from the deposit/renewal date except in cases of depositor 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.