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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 Mahasamund

A Fixed Deposit in Mahasamund provides residents with a balanced approach to savings combining stability with growth opportunities. FDs in Mahasamund feature straightforward structures that support confident investment decisions. Our comprehensive guide delivers vital information about fixed deposits, from current interest rates to maturity options, helping you formulate investment strategies that address both immediate needs and future financial security in this developing region.

Types of Fixed Deposits

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

interest rates

Cumulative Fixed Deposit

A Cumulative Fixed Deposit employs an interest retention mechanism where earnings remain with your principal instead of being withdrawn. This creates a powerful compounding effect that accelerates your wealth growth, as you generate returns on both your initial capital and previously earned interest. Upon maturity, you collect the entire amount comprising your original deposit plus all accumulated earnings. This approach particularly benefits investors seeking maximum long-term growth without requiring periodic income.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit arranges for interest distributions at specified intervals, establishing a steady revenue flow. Calculated through simple interest formulas, these payments can be scheduled monthly, quarterly, or yearly based on your requirements. This structure provides predictable earnings and superior liquidity compared to cumulative options, especially supporting those with recurring financial commitments.

retirement

FD for Monthly Income

This purposefully designed format ensures monthly interest payments to depositors, supporting regular financial planning.

Life assured income

FD for Senior Citizens

This specially tailored deposit category offers elderly investors an enhanced interest rate of 0.50%* p.a. above standard rates.

cash

Fixed Deposit for NRI

Non-Resident Indians can establish FD accounts through authorised physical banking channels across India.

coin

Fixed Deposit for Women

Female depositors enjoy favorable terms with an additional interest benefit of 0.05%* p.a. above base rates.

Furthermore, our FDs can facilitate various additional financial objectives

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

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

Comprehending the important features and advantages of fixed deposits is necessary for making astute investment choices. The key elements of FD include

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

Shriram Fixed Deposit Interest Rates in Mahasamund

FD rates in Mahasamund reveal clear variations among different banks and NBFCs. Careful investors regularly check several possibilities before placing their savings. Your returns typically change according to factors including your chosen investment duration and the specific financial organisation holding your deposit. 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 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

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I am a Woman

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Investment amount

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Tenure up to

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Min 12 months

Max 60 months

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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 Mahasamund

Establishing a Shriram Finance fixed deposit in Mahasamund requires fulfilling particular eligibility criteria. The categories eligible to invest in fixed deposits in Mahasamund include

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

How to Invest in Fixed Deposit with Shriram in Mahasamund

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Setting up a fixed deposit is accessible through digital channels or by making a visit to a Mahasamund branch to deliver your forms. Assemble all needed ID and address verification papers ahead of time for a trouble-free registration experience. Commonly, these systematic steps help you arrange an FD 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 Mahasamund?

As you reach your FD maturity deadline, considering the value of electing to renew your Shriram FD in Mahasamund can contribute to continued financial stability. Visit our website or approach a local branch to arrange your renewal. The following procedure illustrates how to complete your FD renewal using our digital services

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 Mahasamund

Shriram Finance provides strategically positioned FD branches in Mahasamund to fulfil your fixed deposit aspirations. These customer-centric outlets feature experienced financial experts who deliver dedicated advice on how to open fixed deposit accounts or supervise existing Unnati Fixed Deposit Scheme portfolios. Below is the roster of Shriram Finance branches in Mahasamund

Mahasamund

  • Door No.02, Ground Floor, Dewangan Complex, Beside HDFC Bank, Near LIC Office, Raipur Main Road MAHASAMUND,CHHATTISGARH Pincode 493445 Phone18001034959

Mahasamund - II

  • Sakarkar Complex , Shop No. 01 Neelkanth Chowk,In Frontof Rao Pathology Mahamay MAHASAMUND,CHHATTISGARH Pincode 493445 Phone18001034959

Raipur

  • 2nd Floor, Vanjiya Bhavan, Devendra Nagar, Sai Nagar RAIPUR,CHHATTISGARH Pincode 492009 Phone18001034959
View All Branches

Shriram FD Customer Care in Mahasamund

Should inquiries appear or you seek enhanced clarity regarding your fixed deposit account, our skilled Fixed Deposit Customer Care specialists in Mahasamund are available to deliver comprehensive solutions. Call our telephone line for quick assistance with your investments. Our full customer support information remains easily accessible at any time.

Toll Free

Shriram FD Status in Mahasamund

For reviewing your Shriram Fixed Deposit status in Mahasamund, visit our detailed digital facilities or connect with our efficient customer care representatives. Regular monitoring of your FD status enables you to stay mindful about nearing maturity timelines and interest additions.

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Fixed Deposit FAQs

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

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

What is the interest rate on Fixed Deposits in Mahasamund?

The interest rate on FD in Mahasamund 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 Mahasamund?

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

Yes, early withdrawal of fixed deposits is permitted in Mahasamund, though it typically entails penalties or reduced interest benefits. It is advisable to verify the specific conditions before initiating the withdrawal process.

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

Yes, you can open a fixed deposit account for a minor in Mahasamund with appropriate guardian oversight through Shriram Fixed Deposit services.

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

Yes, withdrawing from a fixed deposit before maturity generally incurs penalties, typically in the form of a lower interest rate applied to the deposit amount.

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

Yes, updating the nominee for your FD account in Mahasamund is possible. This process usually requires submitting a formal application along with proper identification documents for the new nominee.

Can I open multiple Fixed Deposits in Mahasamund?

Yes, you have the flexibility to establish multiple fixed deposits in Mahasamund across different financial institutions or within the same banking organisation.

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

Generally, there is no defined upper limit, although specific financial institutions may impose maximum thresholds for particular deposit schemes.

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

Yes, creating a fixed deposit through a joint account in Mahasamund is feasible, provided you comply with the financial institution's terms and requirements.

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

Yes, many financial organisations offer enhanced fixed deposit schemes with preferential interest rates for senior citizens in Mahasamund. Specifically, Shriram Finance provides an additional 0.50%* p.a. interest rate for senior citizen depositors.

What is the difference between FD interest rates for regular and senior citizens in Mahasamund?

At Shriram Finance, senior citizens receive a preferential interest rate that is 0.50%* p.a. higher than the standard rate offered to regular depositors.

Is there a difference between FD interest rates for different tenures in Mahasamund?

Yes, interest rates for fixed deposits vary based on the investment period. Typically, longer commitment durations offer more attractive rates compared to shorter terms due to the extended investment timeframe.

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

To prematurely terminate a Shriram FD in Mahasamund, you need to submit the original deposit certificate with a Rs.1 revenue stamp affixed, along with a written request and a cancelled cheque. As mandated by RBI guidelines, deposits cannot be closed before completing three months from the date of deposit/renewal except in cases of depositor's demise.

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.