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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 Karnal

Karnal, with its growing residential and business development, is becoming a preferred location for individuals looking to plan their finances wisely. A Fixed Deposit in Karnal offers a practical option for those who want steady returns over a chosen period. It is especially useful for individuals who prefer clarity and control over their savings. This guide provides clear and essential information for anyone considering an FD in Karnal with Shriram Finance. From understanding the range of tenures to exploring interest payout options, it is designed to help you make financial decisions that align with your goals. Whether you're saving for the short term or looking at future plans, this guide can support your journey towards better money management.

Types of Fixed Deposits

Examine these fixed deposit varieties to support your financial aims.

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

In Karnal, understanding the features and benefits of fixed deposits is crucial for making better saving decisions. Fixed deposits provide a reliable way to grow savings over a specific tenure. Comparing different options enables you to choose a plan that fits your financial objectives. Here are some key advantages of fixed deposits to support your decision-making.

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 Karnal

FD rates in Karnal vary based on the bank and investment tenure. Each institution offers its own set of interest rates, so it's advantageous to compare options. Whether you need periodic income or wish to grow your savings over time, choosing a fixed deposit that suits your financial plan can contribute to improved financial planning. Always ensure your deposit choice corresponds with your financial needs for more efficient fund management. Consider aspects like auto-renewal options and nomination facilities. 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 Karnal

To open a fixed deposit in Karnal, specific eligibility conditions must be met. Financial institutions typically require certain basic criteria to be fulfilled for initiating a fixed deposit account. These guidelines are standard 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 Karnal

Shriram Finance offers the Shriram Unnati Fixed Deposit in Karnal, which can be opened online or at a branch. It provides flexible durations and suitable interest rates. Ensure your documents are ready for a seamless experience. 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 Karnal?

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

Shriram Finance offers FD branches in Karnal 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 matches your financial requirements.

Karnal

  • Khasra No - 4093, First Floor, above DTDC Courier, Sector-16, Namaste Chowk KARNAL,HARYANA Pincode: 132001 Phone:18001036369

Karnal - I

  • SCO : 4, 1st Floor, DC Colony, Rajinder Nagar, Near Devi Lal Chowk, Meerut Road KARNAL,HARYANA Pincode: 132001 Phone:18001036369

Assandh

  • Ground Floor, Opposite Anaj Mandi, Near to Indusind Bank, Jind - Karnal Road KARNAL,HARYANA Pincode: 132039 Phone:18001036369
View All Branches

Shriram FD Customer Care in Karnal

If you have questions about your fixed deposit account, you can reach out to the Fixed Deposit Customer Care team in Karnal. They are available to provide assistance. The customer care contact details are mentioned below for easy reference.

Toll Free

Shriram FD Status in Karnal

You can track your fixed deposit in Karnal using the online portal or by contacting customer care. These options help you access interest earnings and maturity details, ensuring convenient management and regular 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 Karnal?

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

The interest rate on FD in Karnal 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 Karnal?

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

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

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

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

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

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

Can I open multiple Fixed Deposits in Karnal?

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

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

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

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

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

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

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 Karnal?

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 Karnal?

Yes, in Karnal, 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 Karnal?

To close your Shriram Fixed Deposit early in Karnal, 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.