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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 Murwara

Murwara's evolution as a developing urban area in Madhya Pradesh presents favourable circumstances for financial advancement. A Fixed Deposit in Murwara offers residents a reliable approach to savings connecting capital preservation with earnings potential. The FD in Murwara creates transparent frameworks that assist investors in planning with certainty. This informative handbook provides fundamental knowledge about fixed deposits, from current returns to access provisions, empowering you to make informed decisions that balance both immediate requirements and future financial aspirations in this growing commercial hub.

Types of Fixed Deposits

Following are the diverse forms of FDs to support your financial ambitions

interest rates

Cumulative Fixed Deposit

A Cumulative Fixed Deposit is an investment vehicle where interest earned isn't distributed periodically but rather merged with the principal amount. This compounding approach increases the overall yield, as interest develops on the expanding principal. Upon maturity, investors receive a total sum including both the original deposit and accumulated interest. Cumulative FDs are appropriate for those pursuing long-term wealth creation without requiring regular income, employing compounding to enhance returns.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit provides interest at defined intervals, offering a consistent income stream. It's ideally matched for individuals requiring regular payouts. Interest is determined using simple interest methodology and can be issued monthly, quarterly, or annually. This choice delivers dependable yields and better liquidity compared to cumulative FDs, making it suitable for managing recurring expenses.

retirement

Fixed Deposit for NRI

Non-Resident Indians have the opportunity to make investments in FDs through physical application channels within India.

Life assured income

FD for Monthly Income

This arrangement allows for consistent monthly interest credits.

cash

FD for Senior Citizens

This dedicated FD variety provides an additional 0.50%* p.a. interest rate for elderly investors.

coin

Fixed Deposit for Women

Female investors enjoy an extra 0.05%* p.a. interest benefit.

Additionally, our FDs can support various other 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

Wondering what makes fixed deposits a worthwhile investment in Murwara? Review these key features and benefits of FD

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

Shriram Fixed Deposit Interest Rates in Murwara

The FD rates in Murwara exhibit significant variation across different financial service providers. Potential depositors should thoroughly assess available options to maximise their yield. Principal determinants of interest returns include the selected investment tenure and the specific organisation offering the deposit scheme. 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

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 Murwara

Prior to investing in a fixed deposit in Murwara, applicants must meet specific qualification criteria. These investor categories are permitted to establish fixed deposits with Shriram Finance in Murwara

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

How to Invest in Fixed Deposit with Shriram in Murwara

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Murwara residents can establish a fixed deposit account by utilising Shriram Finance's online services or by directly visiting a Murwara branch to process their application. Having all mandatory documents prepared will facilitate a seamless enrollment experience. The conventional procedure for initiating an online FD in Murwara generally incorporates these phases

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 Murwara?

As your FD completes its term, you might choose to renew your Shriram FD in Murwara for sustained growth. Use our website/mobile app or visit our branches to continue your investment journey. These are the standard steps to renew FD 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 Murwara

To accommodate your fixed deposit goals, Shriram Finance has established FD branches in Murwara. These strategically situated centres house qualified financial advisors who deliver tailored assistance on how to open fixed deposit or oversee active Unnati Fixed Deposit Scheme accounts. Below is the directory of Shriram Finance branches in Murwara

Katni

  • First Floor, House No. 38, Ward No. 43, Maharana Pratap, Jabalpur Road KATNI,MADHYA PRADESH Pincode 483501 Phone18001036369

Katni - I

  • Nehru Ward ,Baragwa KATNI,MADHYA PRADESH Pincode 483501 Phone18001036369

Katni - II

  • 2nd Floor,Madhuwan 2 Complex ,Jawahar Lal Nehru Ward Bhargava KATNI,MADHYA PRADESH Pincode 483501 Phone18001036369
View All Branches

Shriram FD Customer Care in Murwara

For inquiries or guidance regarding your fixed deposit account, our Fixed Deposit Customer Care professionals stand ready to provide support. Reach our specialists by phone for swift help with your investment queries. Our customer assistance details are conveniently accessible when you require support.

Toll Free

Shriram FD Status in Murwara

To inquire about your Shriram Fixed Deposit status in Murwara, utilise our intuitive digital services or contact our dedicated support personnel. Keeping tabs on your FD status ensures timely awareness of approaching maturity periods and earned interest gains.

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Fixed deposit in Indore

Fixed Deposit FAQs

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

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

What is the interest rate on Fixed Deposits in Murwara?

The interest rate on FD in Murwara 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 Murwara?

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

Yes, customers can access early withdrawal of their fixed deposit in Murwara; however, this option typically involves certain penalties or interest reductions. We suggest reviewing the specific conditions carefully before making your decision.

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

Yes, establishing a fixed deposit account for a minor in Murwara is available through Shriram Fixed Deposit when appropriate guardian consent is submitted.

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

Yes, terminating a fixed deposit prior to its maturity date generally results in a penalty. This usually manifests as a reduced interest rate applied to your deposit amount.

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

Yes, modifying the nominee for your FD account in Murwara is permitted. This process typically requires submitting a specified form along with valid identification information of your new nominee.

Can I open multiple Fixed Deposits in Murwara?

Yes, you're allowed to create numerous fixed deposits in Murwara across different financial institutions or within the same banking organisation.

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

In general, there isn't a maximum investment threshold; however, individual financial institutions may implement certain schemes with specific upper limits.

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

Yes, initiating a fixed deposit through a joint account in Murwara is feasible, provided you adhere to the financial institution's particular terms and conditions.

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

Yes, many financial organisations extend preferential fixed deposit interest rates for senior citizens compared to standard deposits. Specifically, Shriram Finance provides an 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 Murwara?

Shriram Finance offers a favourable interest rate that is 0.50%* p.a. higher for senior citizens than for regular depositors.

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

Yes, FD interest rates vary according to the chosen tenure. Generally, longer duration commitments attract higher interest rates compared to shorter periods due to the extended financial commitment from the depositor.

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

To prematurely close a Shriram FD, submit the original deposit receipt with a Rs.1 revenue stamp affixed, accompanied by a formal request letter and a cancelled cheque. As per RBI guidelines, a deposit cannot be closed before three months from the deposit/renewal date except in cases of depositor 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.