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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 Mahabubnagar

Mahabubnagar's economic growth brings new opportunities for its residents to strengthen their financial position. A Fixed Deposit in Mahabubnagar represents a time-tested approach to savings that combines security with reasonable returns. An FD in Mahabubnagar can provide stability in uncertain times. This guide provides valuable insights into the fixed deposit options available, including current rates, minimum investment requirements, and strategies to maximise your returns while maintaining liquidity for life's needs.

Types of Fixed Deposits

Following are the various forms of FDs to achieve your financial goals

interest rates

Cumulative Fixed Deposit

A cumulative fixed deposit is an investment approach where interest earned remains with your principal instead of being paid out. This compounding benefit increases your overall yield as interest accumulates on a growing amount. When the deposit matures, you receive one payment containing both your initial investment and all accumulated interest. Cumulative FDs work particularly well for those focused on long-term wealth building who don't need immediate income from their investments.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit provides interest payments at regular intervals, establishing a reliable income stream. It's ideally matched for those requiring steady financial support. Interest is calculated using simple interest methods and can be disbursed monthly, quarterly, or annually. This option delivers consistent returns and improved liquidity compared to cumulative deposits, making it well-suited for handling 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

Making smart investment choices requires knowledge of different financial products. Here we outline the primary features and benefits of FD that might suit your financial goals.

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 Mahabubnagar

The FD rates in Mahabubnagar demonstrate marked differences across the spectrum of financial establishments. Strategic comparison shopping proves essential for investors seeking to optimise their earnings. Interest offerings are predominantly shaped by elements such as deposit maturity period and the distinctive features of the organisation providing the fixed deposit facility. 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 Mahabubnagar

To open a fixed deposit account, you must fulfil particular fixed deposit eligibility prerequisites in Mahabubnagar. Commonly accepted entities for FD investments are

  • 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 Mahabubnagar

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. You can open a fixed deposit account online or approach a physical branch to finalise application requirements. Ensure you have compiled all essential documents for a trouble-free process. Commonly, the following steps represents the process to invest in FD online in Mahabubnagar

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 Mahabubnagar?

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

Shriram Finance has FD branches in Mahabubnagar dedicated to your fixed deposit needs. Our branches feature experienced staff providing specialised guidance on how to open fixed deposit accounts or handle your existing Unnati Fixed Deposit Scheme investments. Find Shriram Finance branches in Mahabubnagar

Mahbubnagar Regional Office

  • D.No. 1-5-107/4/2, 2nd Floor, New Town MAHABUBNAGAR,TELANGANA Pincode: 509001 Phone:18001034959

Mahaboobnagar - I

  • D.No: 1-5-41, 1st Floor, New Town MAHABUBNAGAR,TELANGANA Pincode: 509001 Phone:18001034959

Mahaboobnagar - III

  • Door No: 2-2/D/6, Plot No. 19 & 20, 2nd Floor, Beside Prashanth Residency, Modern School Road MAHABUBNAGAR,TELANGANA Pincode: 509001 Phone:18001034959
View All Branches

Shriram FD Customer Care in Mahabubnagar

For support or information about your fixed deposit account, our responsive Customer Care department is at your service. Direct phone contact ensures swift assistance with your investment concerns. Our support lines are as follows

Toll Free

Shriram FD Status in Mahabubnagar

For viewing your Fixed Deposit status in Mahabubnagar, both Shriram Finance’s online services and customer care department are at your disposal. Maintaining awareness of your FD status helps you track interest earnings and prepare for upcoming maturity dates.

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Fixed deposit in Indore

Fixed Deposit FAQs

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

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

The interest rate on FD in Mahabubnagar 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 Mahabubnagar?

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

Yes, premature withdrawal of a fixed deposit is allowed in Mahabubnagar; 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 Mahabubnagar 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 Mahabubnagar?

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

Can I open multiple Fixed Deposits in Mahabubnagar?

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

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

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 Mahabubnagar?

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

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

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 Mahabubnagar?

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 Mahabubnagar?

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 Mahabubnagar?

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.