Invest in Shriram Unnati Fixed Deposit Maximise your returns & earn up to 7.80%* p.a.

(Inclusive of 0.50%* p.a. for senior citizens & 0.05%* p.a. for women depositors)

T&C Apply

Terms and Conditions

Your Consent to Proceed
To help us serve you better, we need your permission for a few things. Please read and agree before continuing.
*By proceeding, you indicate that you are subscribing to our service and promotional calls.

1. Sharing & Using Your Information

You allow Shriram Finance Limited (SFL) to share and/or fetch any of my/our information (including my/our sensitive personal information, location etc.) or any other device information when SFL considers such disclosure/ fetching as necessary, with/ from

Our employees, contracted agents and service providers
Credit bureaus, auditors, government and regulatory bodies
KYC agencies (UIDAI, CERSAI)

We do this to:

Help you apply and complete your onboarding
Verify your identity and do KYC checks
Follow legal and regulatory requirements
Check your creditworthiness
Process your data securely for risk review, scoring, and support
Contact you for service-related matters
Report defaults and recover overdue amounts if needed

2. Camera & Microphone Access

You allow us one-time access to your phone's camera and microphone. We only use it to complete KYC verification during your onboarding.

3. Privacy Policy

You confirm that you've read and understood our Privacy Policy, and you agree to review any updates we may make from time to time.

4. Terms & Conditions

You also agree to our Terms & Conditions, which govern your use of our services. Please read them carefully before proceeding.

5. Help from Our Support Team

You give us permission to share your details with our service partners. They may contact you to help you complete your application or guide you through the onboarding process. This consent will override any registrations with NCPR/NDNC.

KYC related Terms and Conditions

CKYC Consent -

I hereby authorize SFL to verify/check/obtain/download/upload/update my KYC details from/with the Central KYC Registry(CERSAI):

By verifying such details through the CKYC number (i.e. KYC Identifier Number - KIN) provided by me or
By obtaining such CKYC number/KIN, through details shared by me for this Application Form.
I hereby consent for receiving information from Central KYC Registry through SMS/Email on the above registered number/email address.

Aadhaar based authentication (Aadhaar eKYC) or verification (Aadhaar OKYC) facility provided by Unique Identification Authority of India "UIDAI" -

E-KYC Consent -

At my own discretion, I voluntarily opt to perform and avail Aadhaar based authentication (eKYC) or verification (OKYC) from UIDAI and hereby submit to the SFL, the physical copy of Aadhaar card / physical e-Aadhaar / masked Aadhaar / Aadhaar Secure QR code / offline electronic Aadhaar xml as issued by UIDAI (Aadhaar), Aadhaar number, Virtual ID, e-Aadhaar, Aadhaar Letter, XML file, date of birth, Aadhaar holder name, photo, demographic information, face authentication details and/or biometric information (collectively, "Information") for the purpose of establishing my identity / address proof or in the capacity of guardian of my minor child's identity / address.
I am informed by the SFL that in connection with Aadhaar e-KYC or Aadhaar OKYC services, SFL shall share Aadhaar number and/or biometrics with CIDR/UIDAI, and in response, the CIDR/UIDAI shall share with SFL, the authentication data or verification data such as Aadhaar Holder Name, Date of Birth, Address, Photo, and Registered Mobile Number.

PURPOSE: I for myself/as guardian of minor child, authorise and give my consent to the SFL, for following informed purposes: -

Above mentioned information shall be used for KYC and periodic KYC updation process as per the PML Act, 2002 and rules thereunder and RBI guidelines, or for establishing my identity, carrying out my identification, e-KYC, or OKYC, or Yes/No Authentication, demographic or other authentication / verification / identification as may be permitted as per applicable law, for all accounts, facilities, services and relationships of/through the SFL, existing and future.
Collecting, sharing, storing, preserving Information, maintaining records and using the Information and authentication/verification/ identification records:for the informed purposes above, as well as for regulatory and legal reporting and filings and/or where required under applicable law; producing records and logs of the consent, Information or of authentication, identification, verification etc. for evidentiary purposes including before a court of law, any authority or in arbitration.
I further understand that Aadhaar number and core biometrics will not be stored/ shared except as per laws/regulations and for CIDR/UIDAI submission.
I shall be submitting to the Company any one of the Officially Valid documents such as Aadhaar, Voter ID, Driving License or Passport for customer due diligence/KYC process.

CONSENT DATA AND INFORMATION SHARING FROM FOR DIGILOCKER PROVIDED BY MEIT (Ministry of Electronics and Information Technology):

I authorise and give my consent to the SFL to obtain, share and store Certified Copy of Officially Valid Documents (OVD) or equivalent e-documents of OVD including documents issued through secured cloud based Digilocker platform of MeIT for the purpose of availing Financial Products from SFL.

KYC through Video Customer Identification Process(VCIP) – If I opt for VCIP Mode, I hereby agree and acknowledge/authorise:

That video based KYC validation (” Video KYC process”) has been provided as alternate method for establishing my identity with SFL
That my KYC will be completed by SFL, through Video KYC process, in accordance with process provided under the prevailing regulation, including Master Direction Know Your Customer (KYC) Direction, 2016, issued by Reserve Bank of India(“RBI”) and the amendments thereof.
All particulars, information and details to be provided by me in relation to this Video KYC process represent the true, correct and upto date information of myself in all respects.
That Video KYC process shall include but shall not be limited to the following steps concluded by authorised officer of SFL:
Live capturing of photo, along with live GPS co-ordinate (Geo-tagging) of the customer undertaking the VCIP and date time stamp where such live photo is being taken;
Permanent Account Number (PAN) is mandatory for onboarding through V-CIP mode and capturing clear image of PAN card during the V-CIP process. The PAN details will be verified from the verification facility of the issuing authority.
If Aadhaar card is permitted to be accepted as a documentary proof under law/regulation, the same will be obtained as contemplated under the prevalent law/regulation.
Video recording of the interaction (for concluding Video KYC) will be stored by SFL in accordance with applicable law/regulation.

Camera & Microphone Access

You allow us one-time access to your phone's camera and microphone. We only use it to complete KYC verification during your onboarding.

Fixed Deposit In Medininagar

Medininagar is experiencing a consistent move towards secure and practical investment choices. Among these, fixed deposits (FDs) are a notable option for individuals who prefer low-risk growth with reliable returns. A Fixed Deposit in Medininagar provides a simple yet effective method for accumulating savings without concerns about market fluctuations. Shriram Finance allows you to begin investing in an FD with justRs.5000. With options to select your preferred tenure and payout frequency, it gives you control without the need to monitor the market. The competitive interest rates offered by Shriram Fixed Deposit further add to its appeal. People in Medininagar often choose fixed deposits for goals like children's education, medical funds or retirement plans. It's a low-risk product with high reliability, suitable for anyone who values consistency in returns. If you're considering building your savings gradually, an FD in Medininagar could be a step in the right direction. Shriram Finance offers both offline and online modes to help you start easily and manage your investment confidently.

Types of Fixed Deposits

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

Cumulative Fixed Deposit

A Cumulative Fixed Deposit is a type of term deposit where interest is not paid out regularly but is reinvested along with the principal. This compounding increases the overall return, as the principal grows over time. At maturity, the investor gets a single payment that includes both the initial amount and the earned interest. Cumulative FDs suit those aiming for long-term returns without requiring regular payouts, taking advantage of compounding.

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit pays interest regularly, giving a consistent income flow. This suits those who need fixed payments. Interest is worked out using simple interest and is paid either monthly, quarterly or yearly. This method offers stable earnings and more flexibility than cumulative FDs, making it suitable for ongoing financial commitments.

FD for Senior Citizens

This FD type provides an additional 0.50%* p.a. interest rate for senior citizens.

Fixed Deposit for Women

Women depositors receive an extra 0.05%* p.a. interest rate.

Fixed Deposit for NRI

Non-Resident Indians can invest in FDs through offline channels in India.

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

The FD interest rate is 7.80%* 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

Learning about the fixed deposit features and benefits is an important part of the investment process. Here are the top features and benefits of FD

Compounding benefitsCompounding benefits

Predictable turnsPredictable turns

Flexible tenureFlexible tenure

Special interest benefit for senior citizens and women depositorsSpecial interest benefit for senior citizens and women depositors

Cumulative and non-cumulative schemesCumulative and non-cumulative schemes

Low minimum investment amountLow minimum investment amount

Attractive interest ratesAttractive interest rates

Shriram Fixed Deposit Interest Rates in Medininagar

The FD rates in Medininagar differ considerably between financial institutions and banks. To earn maximum returns, it's wise to compare them. Interest rates are usually shaped by the tenure and the financial body offering the FD. 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 7.80%* 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
12	6.75
^{(Digital Only)}15	7.05
18- 23	7.00
24- 35	7.05
36-60	7.25

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.
12	6.55	6.59	6.64	6.75
^{(Digital Only)}15	6.83	6.87	6.93	7.05
18 - 23	6.79	6.82	6.88	7.00
24 - 35	6.83	6.87	6.93	7.05
36 - 60	7.02	7.06	7.12	7.25

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 %

Deposit

Invested Amount

₹ 50,000

Shriram Fixed Deposit Eligibility Criteria in Medininagar

Before setting up a fixed deposit in Medininagar, you must satisfy the fixed deposit eligibility criteria. These are the usual conditions required to open an FD account

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

How to Invest in Fixed Deposit with Shriram in Medininagar

Shriram Finance provides competitive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. You can choose to open a fixed deposit either through online mode or by visiting a local branch. Keep your documents handy for a smoother experience. The typical process for investing online is outlined below

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 Medininagar?

When your FD matures, you may want to renew your Shriram FD in Medininagar for continued benefits. Visit our website/mobile app or branches to renew your fixed deposit. Below are the general steps to renew FD online

Shriram Fixed Deposit Branches in Medininagar

Shriram Finance operates FD branches in Medininagar to support your deposit needs. The staff at these locations are equipped to help you open fixed deposit accounts or manage Unnati Fixed Deposit Scheme services. The following list shows our Medininagar branches

Daltanganj

Nambro Construction Pvt. Ltd. Mahendra Areace, 3rd Floor, Zila School Chowk, Post Office Road, Daltonganj PALAMAU,JHARKHAND Pincode 822101 Phone18001036369

Ranchi Regional Office

209, Estate Plaza, Behind Mangal Tower, Near Kantataoli Chowk, Kokar Road RANCHI,JHARKHAND Pincode 834001 Phone18001034959

Kadru

Plot No-298, 2nd Floor, Aamna Complex, Front Side, Near Indian Bank, Kadru RANCHI,JHARKHAND Pincode 834002 Phone18001036369

View All Branches

Shriram FD Customer Care in Medininagar

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 Medininagar

To check your Shriram Fixed Deposit status in Medininagar, you can log in online or contact our support team. This helps you stay informed about interest earnings and maturity details.

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 Medininagar?

For a Shriram FD, the starting amount is Rs.5000, and you can add in multiples of Rs.1,000.

What is the interest rate on Fixed Deposits in Medininagar?

The interest rate on FD in Medininagar is 7.80%* 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 Medininagar?

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

Yes, you can usually withdraw your FD early, but there might be penalties, or you might get a lower interest rate. It is best to check the specific rules of the financial institution beforehand.

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

Yes, you can open a fixed deposit account in the name of a minor. A guardian's consent and supervision are required for such accounts.

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

Yes, withdrawing an FD before maturity usually involves a penalty. This could be in the form of a reduced interest rate being applied to the deposit.

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

Yes, the nominee on your fixed deposit account in Medininagar can be changed. This generally requires submitting a formal request along with valid identification for the new nominee.

Can I open multiple Fixed Deposits in Medininagar?

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

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

There is usually no maximum cap on the amount that can be invested in a fixed deposit. However, certain specific Fixed Deposit schemes offered by different institutions might have their own stipulated upper limits based on their individual terms and conditions.

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

Yes, you can open a fixed deposit in a joint account in Medininagar. However, this is subject to the specific rules and regulations set forth by the particular financial institution.

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

Yes, many financial institutions come with the benefit of additional interest rates for senior citizens on fixed deposits, typically 0.50%* p.a. on fixed deposits for senior citizens.

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

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 Medininagar?

Yes, the interest rates on Fixed Deposits in Medininagar can vary significantly depending on the chosen tenure or investment period. Generally, deposits held for longer durations tend to attract higher interest rates as they provide the financial institution with funds for an extended period.

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

To initiate the premature closure of your Fixed Deposit with Shriram Finance in Medininagar, you will need to submit the original deposit receipt with a Rs.1 revenue stamp affixed to it. Additionally, you will need to provide a formal written request for the closure and a cancelled cheque from your bank account. As per the guidelines issued by the Reserve Bank of India (RBI), premature closure of a Fixed Deposit is generally not permitted within the first three months from the date of the deposit or its renewal, unless it is due to the 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.

Non Resident Indian