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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 Kozhikode

Kozhikode, with its mix of tradition and growth, offers individuals a chance to manage their savings with more direction. A Fixed Deposit in Kozhikode is one such option, chosen by many who want consistent returns without having to constantly monitor the markets. It suits those looking for a simple and reliable way to plan ahead. This guide walks you through the important steps to open an FD in Kozhikode with Shriram Finance. From understanding how interest is paid to knowing how to choose the right tenure, this guide is meant to help you make decisions that fit your financial goals. Whether you’re saving for a specific need or just planning ahead, the information here can support your journey.

Types of Fixed Deposits

Different types of fixed deposits are available to help meet your financial requirements

interest rates

Cumulative Fixed Deposit

A cumulative fixed deposit builds returns by adding interest to the principal over the deposit term. This interest is not paid during the tenure but is added to the initial amount, leading to a higher amount on maturity. It is useful for people planning for long-term financial goals.

achievement

Non-Cumulative Fixed Deposit

Non-cumulative FDs pay out interest regularly, either monthly, quarterly, or annually. This format is appropriate for those who need a consistent cash inflow. It supports better financial planning for recurring expenses while maintaining a fixed interest structure.

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

Making informed savings choices in Kozhikode starts with knowing the basics of fixed deposits. By learning how they work and what they offer, you can plan better. Some important aspects of fixed deposits are mentioned below.

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 Kozhikode

FD rates in Kozhikode vary by institution and investment term. Different providers offer different interest rates, so comparing them is advisable. Whether you prefer regular income or long-term growth, selecting a fixed deposit that fits your goals can help manage your savings effectively and make better financial choices. 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 Kozhikode

When planning to open a fixed deposit in Kozhikode, you need to follow certain eligibility steps. Usually, the criteria listed below are needed to begin a fixed deposit

  • 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 Kozhikode

Shriram Finance introduces Shriram Unnati Fixed Deposit in Kozhikode, with options to apply online or at a branch. The fixed deposit includes flexible tenures and competitive interest rates. Have your documents prepared for an efficient application process. Follow the steps below to invest in 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 Kozhikode?

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

Shriram Finance offers customer support at FD branches in Kozhikode, making it easy to manage or open fixed deposits. Trained professionals assist with account opening, renewals, and other queries. Visiting a branch helps clarify the features of various deposit types before applying.

Calicut

  • 2nd Floor, 6/1002-H, City Mall, Opposite YMCA, Kannur Road, Calicut KOZHIKODE,KERALA Pincode: 673001 Phone:18001036369

Perambra

  • 1st Floor, Alankar Arcard, Calicut Road, Perambra, Kuttiady KOZHIKODE,KERALA Pincode: 673525 Phone:18001034959

Koyilandy

  • Ground Floor, Das Arcade, Room No.88/D, E, G, 14th Mile, Arangadath, Melur, Koyilandy Post KOZHIKODE,KERALA Pincode: 673306 Phone:18001036369
View All Branches

Shriram FD Customer Care in Kozhikode

If you require support, reach out to the Fixed Deposit Customer Care team in Kozhikode. They can assist with questions regarding your FD account. The contact numbers for customer care are provided below for easy access.

Toll Free

Shriram FD Status in Kozhikode

Stay informed about your Fixed deposit in Kozhikode by logging into the online portal or reaching out to customer care. These channels help you understand your maturity details and interest earnings, supporting better financial decisions and offering convenience in tracking your deposit’s status regularly.

Fixed Deposit in Major Cities in India

Fixed deposit in Mumbai
Fixed deposit in pune
Fixed deposit in Indore
Fixed deposit in Punjab

Fixed Deposit FAQs

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

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

The interest rate on FD in Kozhikode 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 Kozhikode?

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

Yes, premature withdrawal of a fixed deposit is allowed in Kozhikode; however, it may incur penalties or reduced interest rates. It’s advisable to check the specific terms before proceeding.

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

Yes, you can open a fixed deposit account in the name of a minor with a guardian's consent with Shriram Fixed Deposit.

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

Yes, there is usually a penalty for premature withdrawal of a fixed deposit. This penalty often involves a reduction in interest rates applicable to the deposit.

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

Yes, you can change the nominee for your FD account in Kozhikode. This process typically requires submitting a request form along with valid identification details of the new nominee.

Can I open multiple Fixed Deposits in Kozhikode?

Yes, you can open multiple fixed deposits in Kozhikode across different financial institutions or within the same financial institution.

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

Generally, there is no upper limit; however, some financial institutions may have specific schemes with defined limits.

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

Yes, you can open a fixed deposit account in a joint account in Kozhikode subject to the financial institution’s terms and conditions.

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

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 Kozhikode?

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 Kozhikode?

Yes, FD interest rates can differ based on tenure. Typically, longer tenures may 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 Kozhikode?

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

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.