Invest in Shriram Unnati Fixed Deposit Maximise your returns & earn up to 8.05%* 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 Muktsar

A fixed deposit allows you to invest a lump sum for a fixed duration and receive guaranteed interest returns. It offers the kind of financial peace that many in Muktsar look for, especially those aiming for stable, long-term savings. Choosing a Fixed Deposit in Muktsar through Shriram Finance gives you access to attractive features such as flexible tenure options and competitive interest rates. The Shriram Fixed Deposit also provides additional rate benefits for women and senior citizens. With a starting investment as low as Rs.5000 and a straightforward account opening process, it's a practical choice for individuals with varying financial needs. If you're looking for a secure way to grow your funds, an FD in Muktsar with Shriram Finance could be the right fit for your goals.

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 the interest earned is not paid out periodically but reinvested into the principal. This creates a compounding effect, as the interest continues to grow on the increasing balance. At maturity, a lump sum is received that includes both the original investment and the total accumulated interest. This option is suitable for individuals aiming for long-term capital growth without needing regular income.

Non-Cumulative Fixed Deposit

Non-Cumulative Fixed Deposits offer interest payouts at fixed intervals, making them a reliable source of income. This type is ideal for those who prefer receiving returns regularly. Interest is calculated using simple interest and is typically paid monthly, quarterly or annually. It offers predictable income and better liquidity, making it useful for covering regular expenses.

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

The FD interest rate is 8.05%* 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

Gaining a clear understanding of fixed deposit features and benefits is key to selecting the most suitable investment option. These are the primary features and benefits of an FD

Predictable returnsPredictable returns

Low minimum investment amountLow minimum investment amount

Flexible tenureFlexible tenure

Cumulative and non-cumulative schemesCumulative and non-cumulative schemes

Compounding benefitsCompounding benefits

Attractive interest ratesAttractive interest rates

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

Shriram Fixed Deposit Interest Rates in Muktsar

The FD rates in Muktsar differ across banks and financial institutions. It is important to compare them to ensure better returns. The rate offered usually depends on the chosen tenure and the institution offering the deposit. Shriram Fixed Deposit is Rated "CARE AAA; STABLE" By CARE Ratings Limited, "Crisil AAA/ STABLE by CRISIL Ratings Limited, and "[ICRA]AAA; TABLE" by ICRA and "IND AAA/ STABLE" by India Ratings and Research. Get an interest rate of up to 8.05%* 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. 2nd July 2026)

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. 2nd July 2026), 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	6.85
^{(Digital Only)}15	7.10
18- 23	7.05
24- 35	7.10
36-60	7.50

Shriram Unnati Fixed Deposit Interest Rate for Non-Cumulative Fixed Deposit Scheme below 10 Cr (w.e.f. 2nd July 2026)

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. 2nd July 2026), 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	6.64	6.68	6.74	6.85
^{(Digital Only)}15	6.88	6.92	6.98	7.10
18 - 23	6.83	6.87	6.93	7.05
24 - 35	6.88	6.92	6.98	7.10
36 - 60	7.25	7.30	7.36	7.50

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 Muktsar

To open a fixed deposit account in Muktsar, certain eligibility conditions must be met. Below are the general eligibility criteria required for an FD

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

How to Invest in Fixed Deposit with Shriram in Muktsar

Shriram Finance provides competitive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. You can open a fixed deposit account online or by visiting a branch. To make the process seamless, keep your documents handy. Here are the basic steps you can follow to invest in an FD through the online platform

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 Muktsar?

Once your FD reaches maturity, you may want to renew your Shriram FD in Muktsar to keep enjoying its benefits. You can do this through our website, mobile app, or by visiting a nearby branch. The following are the usual steps to renew your FD online

Shriram Fixed Deposit Branches in Muktsar

Shriram Finance operates FD branches in Muktsar to support your deposit requirements. Our staff can guide you on how to open fixed deposit or manage your Unnati Fixed Deposit Scheme with ease. You’ll find our branch details in Muktsar listed below

Muktsar

SCF No-11, 1st Floor, Above Axis bank New Grain Market MUKTSAR, PUNJAB Pincode152026 Phone18001034959

Muktsar - I

No. FG7J, 1st Floor, Guru Teg Bahadur Nagar, Bathinda Road, Opposite Gurudwara Taran Taaran Sahib MUKTSAR, PUNJAB Pincode152026 Phone18001034959

Malout Abohar

First Floor, GT Road, Near PNB Main Branch, Near Muthoot Finance, Malout MUKTSAR, PUNJAB Pincode152107 Phone18001034959

View All Branches

Shriram FD Customer Care in Muktsar

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 Muktsar

To check your fixed deposit status in Muktsar, you may use our online services or speak with customer care. Keeping track of your FD status allows you to stay updated on interest earnings and maturity dates.

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 Muktsar?

Shriram Finance accepts a minimum deposit of Rs.5000 for fixed deposits in Muktsar. Any additional amount must be in multiples of Rs.1,000.

What is the interest rate on Fixed Deposits in Muktsar?

The interest rate on fixed deposits in Muktsar is 8.05%* 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 Muktsar?

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

Yes, premature withdrawal is permitted in Muktsar, but it may attract penalties or a lower interest rate. Check the FD terms before opting for early closure.

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

Yes, you can open a fixed deposit account in the name of a minor. This requires the consent and supervision of a guardian.

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

Yes, early withdrawal usually results in a reduced interest payout as a penalty. It's best to review the conditions carefully before proceeding.

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

Yes, it is possible to change the nominee for your FD. This generally requires submitting a formal request along with valid ID proof of the new nominee.

Can I open multiple Fixed Deposits in Muktsar?

Yes, you are allowed to hold multiple FDs, either with the same financial institution or across different ones.

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

There is usually no fixed upper limit for investing in a fixed deposit. However, certain schemes may specify a cap depending on the provider’s terms.

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

Yes, you can open a joint fixed deposit account in Muktsar, subject to the financial institutions policies.

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

Yes, special FD schemes are available for senior citizens, offering an extra interest rate. Shriram Finance also provides an additional 0.50%* p.a. interest rate to senior citizens.

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

Senior citizens are eligible for a 0.50%* p.a. higher interest rate than regular depositors, as offered by Shriram Finance.

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

Yes, FD interest rates vary depending on the investment tenure. Longer tenures typically offer better returns due to higher applicable rates.

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

To close your Shriram FD prematurely in Muktsar, submit the original deposit receipt with a Rs.1 revenue stamp, a request letter, and a cancelled cheque. Reserve Bank of India (RBI) rules prohibit closure within the first three months unless it's due to 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 "CARE AAA; STABLE" by CARE Ratings Limited, "CRISIL AAA/STABLE" by CRISIL Ratings Limited, "[ICRA]AAA; STABLE" by ICRA, and "IND AAA/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