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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 Koriya

A Fixed Deposit in Koriya serves as a reliable foundation for your savings strategy, offering a combination of stability and earning potential. The FD in Koriya establishes predictable frameworks that enable investors to forecast their returns with greater certainty. This comprehensive guide delivers fundamental knowledge about fixed deposits, covering interest rates to accessibility features, helping you craft financial decisions that address immediate requirements while nurturing your long-term economic objectives in this developing region.

Types of Fixed Deposits

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

interest rates

Cumulative Fixed Deposit

A Cumulative Fixed Deposit operates through interest reinvestment rather than payout, with earnings continuously integrated into your principal amount. This establishes a growing compounding dynamic that enhances your wealth accumulation, generating returns on both your initial capital and previously earned interest. Upon maturity, you receive the complete sum comprising your original investment plus all compounded gains. This structure is particularly advantageous for individuals seeking substantial long-term capital growth without requiring periodic income.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit provides for interest distribution at specified intervals, creating a reliable revenue stream. These disbursements, calculated using simple interest methodology, can be arranged monthly, quarterly, or annually based on your requirements. This method delivers steady earnings and better liquidity compared to cumulative alternatives, particularly benefiting those with ongoing expense obligations.

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

Understanding the distinctive advantages and characteristics of fixed deposits is essential when making strategic investment decisions. The key elements of FD include:

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 Koriya

FD rates in Koriya exhibit notable differences across various banks and NBFCs. Careful investors frequently evaluate multiple options before allocating their funds. Your potential earnings generally vary based on factors such as your selected tenure and the specific financial institution holding your deposit. 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 Koriya

To qualify for a Shriram Finance fixed deposit in Koriya, prospective investors must meet specified eligibility criteria. The entities permitted to establish fixed deposits in Koriya comprise

  • IndividualEligibility Criteria
    • 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 Koriya

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Setting up a fixed deposit is straightforward whether you choose digital platforms or visit a Koriya branch in person to present your documentation. Gather all necessary identification and address verification papers beforehand to ensure a smooth enrollment process. Typically, following these systematic procedures enables you to establish an FD through online channels.

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 Koriya?

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

Shriram Finance has thoughtfully positioned FD branches in Koriya to support your fixed deposit objectives. These client-focused centres are staffed with qualified financial advisors who deliver personalised recommendations on how to open fixed deposit accounts or oversee existing Unnati Fixed Deposit Scheme investments.

Baikunthpur

  • 1st Floor, Near Little Millenium School, Bhandi Chowk, Baikunthapur KOREA,CHHATTISGARH Pincode: 497335 Phone:18001036369

Bilaspur - I

  • First Floor, HH Square, Plot No. A-05, Beside Bank of India, Main Road BILASPUR,CHHATTISGARH Pincode: 495001 Phone:18001036369

Bilaspur - III

  • No.B-210,2nd Floor, Narayan Plaza ,Link Road Bilaspur C.G BILASPUR,CHHATTISGARH Pincode: 495001 Phone:18001036369
View All Branches

Shriram FD Customer Care in Koriya

When questions arise or you need additional clarity about your fixed deposit account, our specialised Fixed Deposit Customer Care team in Koriya stands ready to provide comprehensive assistance. Reach out to our telephone helpline for immediate guidance with your investments. Our full customer support contact information remains accessible whenever necessary.

Toll Free

Shriram FD Status in Koriya

To check your Shriram Fixed Deposit status in Koriya, access our comprehensive online portal or contact our responsive customer support team. Regular monitoring of your FD status ensures you stay updated about approaching maturity dates and interest developments.

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 Koriya?

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

The interest rate on FD in Koriya 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 Koriya?

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

Yes, premature withdrawal of a fixed deposit is permitted in Koriya; however, it may result in penalties or lower interest rates. It's recommended to verify the specific conditions before proceeding.

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

Yes, you can establish a fixed deposit account in a minor's name with guardian authorisation with Shriram Fixed Deposit.

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

Yes, a penalty typically applies for premature withdrawal of a fixed deposit. This penalty generally involves a reduction in the interest rates applicable to the deposit.

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

Yes, you can modify the nominee for your FD account in Koriya. This process usually requires submitting a request form along with valid identification documents of the new nominee.

Can I open multiple Fixed Deposits in Koriya?

Yes, you can establish multiple fixed deposits in Koriya across various financial institutions or within the same financial organisation.

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

Generally, no upper limit exists; however, certain financial institutions may offer specific schemes with established limits.

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

Yes, you can create a fixed deposit account in a joint account in Koriya subject to the financial institution's terms and policies.

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

Yes, numerous financial institutions provide enhanced fixed deposit interest rates for senior citizens compared to standard deposits. For example, Shriram Finance offers 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 Koriya?

Shriram Finance provides an extra 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 Koriya?

Yes, FD interest rates may vary based on tenure. Typically, longer tenures might offer higher interest rates compared to shorter ones due to the extended commitment from the depositor.

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

To prematurely close a Shriram FD, submit the original deposit receipt with a Rs.1 revenue stamp, a request letter, and a cancelled cheque. As per RBI guidelines, a deposit receipt cannot be prematurely closed before three months from the date of deposit/renewal except in case of 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.