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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 Kollam

Kollam, a city with growing economic activity and steady development, gives residents various opportunities to manage their finances better. One such option is a Fixed Deposit in Kollam, which appeals to individuals looking for a structured and clear way to grow their savings over time. It supports careful financial planning through fixed tenures and consistent returns. This guide explains the essentials of opening an FD in Kollam with Shriram Finance. You’ll learn how different tenure options work, how interest is paid out, and what to consider before investing. Whether you are planning for short-term needs or long-term goals, this guide can help you make informed and confident financial decisions.

Types of Fixed Deposits

In Kollam, Shriram Finance provides fixed deposit options to suit different financial preferences.

interest rates

Cumulative Fixed Deposit

With this deposit, the interest is not withdrawn regularly but added to the principal. Over time, this grows through compounding and is paid in full upon maturity. It is a suitable choice for those who wish to save over a longer period.

achievement

Non-Cumulative Fixed Deposit

This pays interest on a regular basis monthly, quarterly, or yearly as per your selection. It is helpful in managing monthly or quarterly expenses and provides a steady return. The interest is calculated using a simple method and paid as per schedule. Depending on your needs, you can choose either option. Shriram Finance in Kollam makes it easy to open and manage your fixed deposit through local branches or through online services.

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.

Also, our FDs can be used for various other financial goals

  • FD for Home Expenses
  • FD for Retirement Fund
  • FD for Wedding Expenses
  • Fixed Deposit for Children

The FD interest rate is 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 a Non-Cumulative Fixed Deposit pay out interest at regular intervals (monthly, quarterly, half-yearly, or yearly).

Shriram Fixed Deposit Features and Benefits

In Kollam, many people prefer fixed deposits as part of their savings. Learning about their features and benefits can help you choose wisely. Shared below are some key points to help you understand what fixed deposits can offer.

Flex Tenure
Cumulative and non-cumulative schemesCumulative and non-cumulative schemes
Attractive Interest
Flexible tenureFlexible tenure
Compounding Benefit
Low minimum investment amountLow minimum investment amount
Static Alt Text
Special interest benefit for senior citizens and women depositorsSpecial interest benefit for senior citizens and women depositors
Predictable Return
Predictable returnsPredictable returns
Cumulative
Attractive interest ratesAttractive interest rates
Low Investment
Compounding benefitsCompounding benefits

Shriram Fixed Deposit Interest Rates in Kollam

FD rates in Kollam differ depending on the financial organisation and the term you pick. Each provider has its own interest rates, so comparing options is helpful. Whether you want monthly income or growth over time, fixed deposits offer ways to match your savings goals. Choosing carefully can help you manage your finances better. Shriram Fixed Deposit is rated "[ICRA]AA+ (Stable)" by ICRA and "IND AA+/Stable" by India Ratings and Research. GGet an interest rate of up to 8.15%* p.a. inclusive of 0.50%* p.a. for Senior Citizens and 0.05%* 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.

Note: Interest rates are subject to change and the rate applicable will be the rate prevalent on the date of deposit / renewal.

The above additional interest rates will be applied on the yearly rate, which will be factored correspondingly into the calculation of compounding interest rates for periods shorter than a year, including monthly, quarterly, and half-yearly rates.

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 Kollam

To open a fixed deposit in Kollam, there are a few eligibility steps you must complete. The usual requirements listed below help guide you through the initial process of starting a fixed deposit.

  • IndividualEligibility Criteria
    • Non-Resident Indians (NRIs)
    • Hindu Undivided Family
    • Trust and Foundation
    • Companies
    • Partnership Firm
    • Indian Residents
    • Unincorporated Association or Body of Individual

How to Invest in Fixed Deposit with Shriram in Kollam

Shriram Finance offers the Shriram Unnati Fixed Deposit in Kollam through online and branch channels. With flexible terms and appropriate interest rates, this fixed deposit suits different preferences. Keeping your documents in order helps avoid delays. The steps below guide you through the online process of opening a Shriram Unnati Fixed Deposit.

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 Kollam?

When the deposit period ends, you may decide to renew your Shriram FD in Kollam and continue enjoying fixed deposit benefits. You can carry out the process online via the website or app. You may also visit a nearby branch. The steps outlined below explain how 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 Kollam

FD branches in Kollam managed by Shriram Finance offer help if you want to open fixed deposits or manage current ones. These branches provide support for renewals, new account applications, and other services. In-person visits can be helpful in understanding which deposit plan meets your savings goals.

Kollam

  • First Floor, Oasis Tower, Prathibha Junction, T.C No.17/1414, Kadappakada KOLLAM,KERALA Pincode 691008 Phone18001036369

Pathanapuram

  • First Floor, Kundamkulathu Building, Nedumparambu Junction, Pathanapuram KOLLAM,KERALA Pincode 689695 Phone18001034959

Kundara

  • 1st Floor, Puthen Veedu Building Hospital Junction, Kundara KOLLAM,KERALA Pincode 691501 Phone18001036369
View All Branches

Shriram FD Customer Care in Kollam

For any queries or support related to your fixed deposit account, our Fixed Deposit Customer Care team is here to assist you. You can reach us by phone for prompt help with your investments. Below are the customer care contact numbers

Toll Free

Shriram FD Status in Kollam

To track your Fixed deposit in Kollam, log in to the portal or connect with customer care. These channels give you access to your maturity details and interest information, supporting you in making better financial choices while offering convenience in reviewing your fixed deposit status regularly.

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 Kollam?

The minimum deposit amount for a fixed deposit in Kollam for Shriram FD is Rs.5000, with deposits accepted in multiples of Rs.1,000.

What is the interest rate on Fixed Deposits in Kollam?

The interest rate on FD in Kollam 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 Kollam?

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

Yes, premature withdrawal of a fixed deposit usually incurs a penalty, which typically involves a reduction in the applicable interest rate.

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

Yes, with Shriram Fixed Deposit, you can open a fixed deposit account for a minor as long as the guardian provides their consent.

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

Yes, premature withdrawal of a fixed deposit usually results in a penalty that reduces the applicable interest rate on the deposit.

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

Yes, you can update the nominee for your FD account in Kollam by submitting a request form along with valid identification details of the new nominee.

Can I open multiple Fixed Deposits in Kollam?

Yes, opening multiple fixed deposits is permitted both within one financial institution and across several institutions.

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

There is usually no upper limit on fixed deposits unless specified under particular schemes offered by financial institutions.

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

Yes, you can open a fixed deposit account in a joint account in Kollam subject to the financial institutions terms and conditions.

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

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 Kollam?

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 Kollam?

Yes, FD interest rates can vary depending on the tenure. Longer tenures generally provide different rates compared to shorter ones due to the duration of commitment.

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

To close a Shriram Fixed Deposit prematurely, you need to submit the original deposit receipt with a Rs.1 revenue stamp, a request letter, and a cancelled cheque. As per RBI guidelines, premature closure is not permitted within three months of deposit/renewal unless it is 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.