Download Shriram One app
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)

T&C Apply

  • Yes
  • No
stickyTab

Fixed Deposit in Morena

As a growing economic hub in Madhya Pradesh, Morena presents numerous opportunities for financial growth. A Fixed Deposit in Morena offers residents a reliable way to build savings while enjoying steady returns. FD in Morena provide structured investment options that help locals plan their financial journey with clarity. This guide covers important aspects of fixed deposits, including current rates and liquidity features, helping you align your investment choices with both immediate requirements and future goals 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 functions by reinvesting earned interest back into your principal sum rather than disbursing it. This generates a powerful compounding effect that accelerates your wealth growth, as you earn returns on both your initial investment and previously accumulated interest. Upon maturity, you receive the comprehensive amount including your original deposit plus all compounded earnings. This approach is particularly beneficial for investors with long-term growth objectives who don't require immediate income.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit delivers interest payments at regular intervals, creating a steady stream of income. Calculated using simple interest methodology, these payments can be arranged monthly, quarterly, or annually based on your preference. This structure offers predictable earnings and enhanced liquidity compared to cumulative options, making it ideal for managing recurring financial commitments.

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 essential features and advantages of fixed deposits is crucial for making informed investment decisions. The core elements of FD include

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 Morena

FD rates in Morena show notable differences among various banks and NBFCs. Careful investors always compare several choices before investing their money. Your earnings generally depend on factors like the time period you select and the specific financial institution handling 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 %

loangraph

Deposit

Invested Amount

₹ 50,000

Shriram Fixed Deposit Eligibility Criteria in Morena

To qualify for a Shriram Finance fixed deposit in Morena, potential investors must meet established eligibility parameters. The groups eligible to open fixed deposits in Morena include

  • 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 Morena

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Registering for a fixed deposit is convenient via online channels or through a personal visit to a Morena branch to submit your application. Gather all required identification and address proofs beforehand for a seamless enrolment process. Typically, these progressive steps enable you to invest in 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 Morena?

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

Shriram Finance provides strategically positioned FD branches in Morena to cater to your fixed deposit interests. These investor-friendly locations feature qualified financial advisors who deliver specialised counsel on how to open fixed deposit accounts or manage existing Unnati Fixed Deposit Scheme arrangements. Below is the list of Shriram Finance branches in Morena

Morena

  • Aziz Plaza, 1st Floor of S.P. Banglow, M.S Road MORENA,MADHYA PRADESH Pincode: 476001 Phone:18001034959

Gwalior

  • Alaknanda Tower, 45-A, 3rd Floor, City Centre GWALIOR,MADHYA PRADESH Pincode: 474002 Phone:18001036369

Gwalior Regional Office

  • The Empire, B-2, 33-City Centre, Gwalior R.S. GWALIOR,MADHYA PRADESH Pincode: 474002 Phone:18001036369
View All Branches

Shriram FD Customer Care in Morena

As questions surface or you need further clarity about your fixed deposit account, our expert Fixed Deposit Customer Care professionals in Morena stand ready to provide thorough solutions. Use our telephone helpline for efficient support concerning your investments. Our detailed customer assistance contact information remains easily retrievable whenever needed.

Toll Free

Shriram FD Status in Morena

For evaluating your Shriram Fixed Deposit status in Morena, access our comprehensive web services or contact our attentive customer support professionals. Consistent examination of your FD status ensures you remain cognizant about approaching maturity timelines and interest enhancements.

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 Morena?

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

The interest rate on FD in Morena 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 Morena?

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

Yes, premature withdrawal of a fixed deposit is permitted in Morena, though it typically involves penalties or reduced interest earnings. It's recommended to review the specific terms and conditions before initiating an early withdrawal.

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

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

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

Yes, premature withdrawal of a fixed deposit generally incurs a penalty. This typically manifests as a reduction in the applicable interest rate on the deposit amount.

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

Yes, modifying the nominee for your FD account in Morena is possible. The process generally requires submitting a formal request along with identification documentation for the new nominee.

Can I open multiple Fixed Deposits in Morena?

Yes, you have the option to establish multiple fixed deposits in Morena, either with different financial institutions or within the same organisation.

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

Generally, there isn't a specified upper limit, although certain financial institutions may implement maximum thresholds for specific deposit schemes.

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

Yes, opening a fixed deposit through a joint account in Morena is possible, subject to the policies and requirements of the financial institution.

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

Yes, many financial institutions, including Shriram Finance, offer enhanced interest rates for senior citizens on fixed deposits in Morena. Specifically, Shriram Finance provides an additional 0.50%* p.a. interest for senior citizens.

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

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

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

Yes, interest rates on fixed deposits vary according to tenure. Generally, longer commitment periods tend to offer higher interest rates compared to shorter-term deposits due to the extended investment duration.

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

To prematurely close a Shriram FD in Morena, you need to submit the original deposit certificate with a Rs.1 revenue stamp affixed, along with a written request letter and a cancelled cheque. As per RBI guidelines, deposits cannot be closed before three months from the deposit/renewal date 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.