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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 Kanpur

Kanpur, one of the key industrial cities in Uttar Pradesh, offers residents a range of financial options to grow their savings steadily. Among these, a Fixed Deposit in Kanpur is often chosen by individuals who prefer a simple and predictable approach to managing their money. It offers the benefit of fixed returns over a selected tenure, helping you plan your finances with more confidence. This guide aims to provide useful insights into opening an FD in Kanpur with Shriram Finance. It covers important details, such as interest payout options, flexible tenures, and practical tips for choosing the right deposit plan. With a clear understanding of these features, you can take informed steps to strengthen your financial base in this evolving city.

Types of Fixed Deposits

Explore these fixed deposit types to help meet your financial goals

interest rates

Cumulative Fixed Deposit

This savings method doesn't offer regular interest payouts. Instead, the interest earned is reinvested with your initial deposit. This creates a compounding effect, allowing your money to grow more rapidly over time. Interest accumulates on both your original amount and previously earned interest. Upon maturity, you receive the entire sum - your initial deposit plus all accrued interest. Cumulative FDs are well-suited for those aiming for long-term growth without requiring regular income, as they utilise compound interest to enhance returns.

achievement

Non-Cumulative Fixed Deposit

This type provides interest at set intervals, offering a consistent income stream. Your earnings are calculated using simple interest methods and can be paid monthly, quarterly, or annually. This option delivers predictable returns and improved access to your funds compared to cumulative deposits, making it appropriate for covering 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 improve saving decisions in Kanpur, it is essential to understand the features and benefits of fixed deposits. Fixed deposits offer a structured approach to growing savings over time. Comparing available plans helps you select one that aligns with your financial needs. Below are some important advantages of fixed deposits to guide your choices.

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 Kanpur

FD rates in Kanpur differ depending on the financial institution and investment period. Various providers offer distinct interest rates, making it worthwhile to compare them. Whether you seek regular payouts or prefer to accumulate savings, selecting a fixed deposit that matches your financial goals can support better financial decision-making. Ensure your deposit choice aligns with your monetary requirements for more effective money management. Consider factors such as interest compounding frequency and additional benefits for senior citizens. 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 Kanpur

Before opening a fixed deposit in Kanpur, some eligibility conditions need to be fulfilled. Financial institutions generally have basic criteria for starting a fixed deposit account, which are consistent across 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 Kanpur

Shriram Finance offers the Shriram Unnati Fixed Deposit in Kanpur, which can be opened either online or by visiting a branch. This fixed deposit comes with flexible durations and suitable interest rates. It is helpful to keep your documents ready for a smooth experience. The steps below explain how to start a Shriram Unnati Fixed Deposit through the online process.

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 Kanpur?

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

You can visit FD branches in Kanpur offered by Shriram Finance to manage or open fixed deposits. These branches are staffed with trained professionals who guide you through account opening, renewals, and other queries. Visiting a branch can help you choose a fixed deposit that matches your financial requirements.

Kanpur - I

  • 1st Floor, Chetan Tower, Opposite KTL TVS, 96-5, Chunniganj KANPUR,UTTAR PRADESH Pincode: 208002 Phone:18001036369

Kanpur - III

  • 3rd Floor, Mall Plaza, Opposite LIC Building, Above Karantaka Bank, Mall Road KANPUR,UTTAR PRADESH Pincode: 208001 Phone:18001036369

Kanpur City Centre

  • 606-607, 6th Floor, City Centre The Mall KANPUR,UTTAR PRADESH Pincode: 208001 Phone:18001036369
View All Branches

Shriram FD Customer Care in Kanpur

If you need help with your fixed deposit account, the Fixed Deposit Customer Care team in Kanpur is available to assist you. The contact numbers for customer care are listed below for your convenience.

Toll Free

Shriram FD Status in Kanpur

Monitoring your fixed deposit in Kanpur is easy through the online portal or by contacting customer care. These resources provide information on interest earnings and maturity details, supporting effective management and timely review of your deposit.

Fixed Deposit in Major Cities in India

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Fixed deposit in pune
Fixed deposit in Indore

Fixed Deposit FAQs

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

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

The interest rate on FD in Kanpur 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 Kanpur?

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

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

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

Yes, opening a fixed deposit account for a minor in Kanpur 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 Kanpur usually incurs a penalty, often leading to a lower interest rate on the deposit.

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

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

Can I open multiple Fixed Deposits in Kanpur?

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

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

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

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

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

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

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 Kanpur?

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 Kanpur?

Yes, in Kanpur, 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 Kanpur?

To close your Shriram Fixed Deposit early in Kanpur, 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.