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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 Kakinada

Kakinada, with its growing infrastructure and active business environment, offers individuals several ways to plan their savings. Among the available options, a Fixed Deposit in Kakinada stands out for those who value stable and structured returns. It allows you to invest a fixed amount for a chosen period, with interest paid out as per your preference. This guide helps you understand how an FD in Kakinada with Shriram Finance can support your savings goals. It covers important aspects such as current interest rates, payout flexibility, and how to choose a deposit plan that fits your needs. With the right information, you can take thoughtful steps towards securing your financial future in this steadily developing coastal city.

Types of Fixed Deposits

Explore these fixed deposit types to support your financial objectives.

interest rates

Cumulative Fixed Deposit

This savings approach doesn't provide periodic interest payments. Rather, the interest generated is added back to your principal amount. This results in a compounding effect, enabling your money to grow more quickly over time. Interest is earned on both your initial deposit and previously accumulated interest. At maturity, you receive the total amount - your original deposit plus all the interest earned. Cumulative FDs are ideal for those seeking long-term growth without needing regular income, as they leverage compound interest to maximise returns.

achievement

Non-Cumulative Fixed Deposit

With this option, you receive interest at regular intervals, providing a steady flow of income. Your earnings are calculated using simple interest methods and can be paid monthly, quarterly, or yearly. This choice offers predictable returns and better access to your funds compared to cumulative deposits, making it suitable for meeting ongoing 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

To make better saving choices in Kakinada, it is important to know the features and advantages of fixed deposits. Understanding these details will help you compare different options. Some of the main benefits of fixed deposits are shared below to guide your financial decisions.

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 Kakinada

FD rates in Kakinada differ based on the bank and investment duration. Various institutions offer different interest rates, so it's worthwhile to compare them. Whether you seek regular income or wish to accumulate savings over time, choosing a fixed deposit that suits your financial objectives can support improved financial planning. Ensure your deposit choice aligns with your monetary requirements for more efficient management of your funds. Consider aspects like the investment period and interest payout options. 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 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 Kakinada

To open a fixed deposit in Kakinada, you need to meet specific eligibility requirements. Financial institutions usually have standard criteria that must be satisfied before starting a fixed deposit account. These details are consistent across most providers.

    • 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 Kakinada

Shriram Finance introduces the Shriram Unnati Fixed Deposit in Kakinada, accessible online or in branches. It features flexible durations and reasonable interest rates. Having your documents ready will streamline the application process. Follow the steps below to open a Shriram Unnati Fixed Deposit 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 Kakinada?

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

Shriram Finance offers FD branches in Kakinada for managing or opening fixed deposits. Trained professionals guide you through account opening, renewals, and other queries. Visiting a branch aids in choosing a fixed deposit that aligns with your financial goals.

Kakinada - IV

  • D No. 3-10/2, 1st Floor, Sunkarapalem Tallarevu Mandal KAKINADA,ANDHRA PRADESH Pincode: 533464 Phone:18001036369

Kakinada - V

  • 20-1-10/8, 2nd Floor, Subhash Street KAKINADA,ANDHRA PRADESH Pincode: 533001 Phone:18001036369

Kakinada - III

  • D. No. 9-185/3, Opposite Street of Sarpavaram, M.R.O. Office, R.S. No. 74/2, 2nd Floor, Near Sarpavaram Junction, Ramanayyapeta, East Godavari KAKINADA,ANDHRA PRADESH Pincode: 533005 Phone:18001036369
View All Branches

Shriram FD Customer Care in Kakinada

For support with your fixed deposit account, reach out to the Fixed Deposit Customer Care team in Kakinada. They can assist with any questions or issues. The contact numbers for customer care are listed below for your convenience.

Toll Free

Shriram FD Status in Kakinada

Tracking your fixed deposit in Kakinada is simple through the online portal or by reaching out to customer care. These tools help you view interest earnings and maturity details, ensuring better management and timely review of your 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 Kakinada?

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

The interest rate on FD in Kakinada 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 Kakinada?

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

Yes, you can withdraw a fixed deposit before its maturity in Kakinada; however, this may involve a penalty, typically resulting in a reduced interest rate.

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

Yes, opening a fixed deposit account for a minor in Kakinada is possible with Shriram Finance, provided the guardian consents and submits the necessary documents.

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

Yes, withdrawing a fixed deposit before maturity in Kakinada usually incurs a penalty, often leading to a lower interest rate on the deposit.

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

Yes, you can update the nominee for your FD in Kakinada by submitting a formal request along with valid identification for the new nominee.

Can I open multiple Fixed Deposits in Kakinada?

Yes, you are allowed to open multiple fixed deposits in Kakinada, either within the same financial institution or across different ones.

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

Generally, there is no upper limit on the amount you can invest in a fixed deposit in Kakinada unless specified by particular schemes.

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

Yes, a fixed deposit can be opened jointly in Kakinada, subject to the terms and conditions of the financial institution.

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

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 Kakinada?

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 Kakinada?

Yes, in Kakinada, fixed deposit interest rates may vary based on the chosen tenure, with different durations attracting different rates.

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

To close your Shriram Fixed Deposit early in Kakinada, submit the original deposit receipt with a Rs.1 revenue stamp, a request letter, and a cancelled cheque. According to RBI guidelines, premature closure within three months is not permitted unless 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.