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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 Itarsi

Itarsi's importance as a major railway junction and commercial centre in Madhya Pradesh creates fertile ground for financial advancement. A Fixed Deposit in Itarsi gives residents a measured approach to capital growth uniting investment protection with earning potential. The FD in Itarsi establishes clear-cut frameworks that assist investors in navigating their financial path confidently. This guide furnishes essential knowledge about fixed deposits, from current interest benefits to liquidity options, empowering you to make informed choices that accommodate both present-day financial needs and future monetary objectives in this strategically located city.

Types of Fixed Deposits

Following are the multiple types of FDs to help attain your financial aspirations.

interest rates

Cumulative Fixed Deposit

A Cumulative Fixed Deposit is where interest earned gets added back to your main deposit instead of being paid out. This creates a snowball effect of growth as interest earns more interest over time. When your deposit term ends, you receive everything at once—your original amount plus all the interest that has built up. This option works best for people who want maximum growth and don't need money from their investment right away.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit gives you interest payments at regular intervals, creating a steady income stream. Interest is figured using simple interest calculations and can be sent to you monthly, every three months, or yearly. This choice offers predictable returns and easier access to your earnings than cumulative FDs, making it suitable for those who need regular money for 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.

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

Strategic investment decisions depend on a thorough knowledge of fixed deposit features and benefits. The essential elements of FD comprise:

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 Itarsi

FD rates in Itarsi feature substantial differences among various financial service providers. Prudent investors methodically assess available alternatives before deciding where to invest. The interest yields generally correlate with factors such as your preferred investment duration and the particular institution safeguarding your money. 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 Itarsi

Creating a fixed deposit account with Shriram Finance in Itarsi requires adherence to defined eligibility specifications. Those who qualify for fixed deposit investments in Itarsi encompass.

    • 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 Itarsi

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Securing a fixed deposit can be done online or by visiting an Itarsi branch to file your application. Compile all necessary verification documents in advance for a simplified setup experience. The standard method to invest in FD online usually follows these steps.

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 Itarsi?

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

Shriram Finance features conveniently positioned FD branches in Itarsi to fulfil your fixed deposit aspirations. These service-focused centres employ experienced financial consultants who offer detailed assistance on how to open fixed deposit accounts or oversee current Unnati Fixed Deposit Scheme investments. Below is the list of Shriram Finance branches in Itarsi.

Hoshangabad

  • Plot No.34/18, - 2nd Floor, Above N-Mart HOSHANGABAD,MADHYA PRADESH Pincode: 461001 Phone:18001036369

Babai

  • Ground Floor,H.No.211 Ward No.08,Hoshangabad Road Babai HOSHANGABAD,MADHYA PRADESH Pincode: 461661 Phone:18001036369

Pichhore - Shivpuri

  • Ground Floor, Ward No.02, Naya Court, Near Achladevi Fuel Centre PICHHORE,MADHYA PRADESH Pincode: 473995 Phone:18001034959
View All Branches

Shriram FD Customer Care in Itarsi

Whenever doubts arise or you seek additional information about your fixed deposit account, our professional Fixed Deposit Customer Care personnel in Itarsi are positioned to offer appropriate resolutions. Communicate through our telephone service for swift assistance regarding your investment matters. Our complete customer support contact information is conveniently obtainable for your reference.

Toll Free

Shriram FD Status in Itarsi

For evaluating your Shriram Fixed Deposit status in Itarsi, employ our robust digital systems or get in touch with our helpful customer assistance representatives. Regular observation of your FD status enables you to stay informed about forthcoming maturity dates and interest progressions.

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Fixed Deposit FAQs

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

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

The interest rate on FD in Itarsi 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 Itarsi?

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

Yes, early termination of a fixed deposit is permitted in Itarsi; however, this may entail penalties or reduced interest yields. It's beneficial to examine the specific conditions before proceeding with withdrawal.

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

Yes, creating a fixed deposit account for a minor in Itarsi is achievable with guardian approval through Shriram Fixed Deposit.

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

Yes, penalties generally apply for premature withdrawal of fixed deposits. These penalties typically involve a downward adjustment of the interest rate applicable to your deposit.

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

Yes, modifying the nominee for your FD account in Itarsi is possible. This generally requires submission of a specific request form along with valid identification documents of the new nominee.

Can I open multiple Fixed Deposits in Itarsi?

Yes, establishing several fixed deposits in Itarsi is permissible, either across different financial institutions or within the same banking entity.

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

Generally, no investment ceiling exists; however, specific financial institutions may establish particular maximum thresholds for certain deposit schemes.

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

Yes, creating a fixed deposit using a joint account in Itarsi is viable, subject to the financial institution's specific terms and conditions.

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

Yes, various financial organisations offer preferential fixed deposit interest rates for senior citizens compared to standard deposits. For instance, Shriram Finance extends 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 Itarsi?

Shriram Finance provides senior citizens with an enhanced interest rate of 0.50%* p.a. above that offered to regular depositors in Itarsi.

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

Yes, FD interest rates differ based on the selected tenure. Generally, longer commitment periods may yield higher interest rates compared to shorter durations due to the extended investment timeframe.

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

To prematurely close a Shriram FD in Itarsi, present the original deposit certificate with a Rs.1 revenue stamp affixed, a written request, and a cancelled cheque. As per RBI directives, deposits cannot be terminated within three months of deposit/renewal 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.