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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 Nagda

Choosing a Fixed Deposit in Nagda enables locals to establish a reliable foundation for their savings with predictable growth. FDs available in Nagda feature clear frameworks that simplify the investment process. Our comprehensive guide provides crucial information about fixed deposits, including current rates and liquidity features, empowering you to create investment plans that balance immediate requirements with future financial stability in this town.

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 strategy where earnings remain invested with your principal rather than being distributed. This creates an accelerating compounding effect that enhances your investment growth, as you generate returns on both your original sum and accumulated interest. Upon term completion, you receive the entire amount comprising your initial deposit plus all compounded gains. This approach particularly serves investors focused on maximising long-term growth without requiring interim income.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit implements scheduled interest payments at regular intervals, establishing a consistent revenue stream. Using simple interest calculations, these distributions can be arranged monthly, quarterly, or annually based on your needs. This structure delivers reliable income and greater liquidity compared to cumulative alternatives, particularly benefiting those managing ongoing financial commitments.

retirement

Fixed Deposit for Women

Female investors receive preferential treatment with an additional interest benefit of 0.05%* p.a. above standard rates.

Life assured income

FD for Monthly Income

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

cash

Fixed Deposit for NRI

Non-Resident Indians can establish deposit accounts through designated physical banking channels in India.

coin

FD for Senior Citizens

This specially tailored deposit category provides elderly depositors with an enhanced interest rate of 0.50%* p.a. above standard offerings.

Our Fixed Deposits also cater to specialised financial planning needs

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

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

Grasping the important features and advantages of fixed deposits is critical for making sound investment selections. The principal aspects of FD encompass

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

Shriram Fixed Deposit Interest Rates in Nagda

FD rates in Nagda show meaningful differences between various banks and NBFCs. Careful investors consistently review multiple options before depositing their funds. Your earnings are usually determined by factors such as your selected maturity timeline and the specific financial company safeguarding 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

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 Nagda

Establishing a Shriram Finance fixed deposit in Nagda requires meeting specific eligibility conditions. The groups permitted to invest in fixed deposits in Nagda are

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

How to Invest in Fixed Deposit with Shriram in Nagda

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Initiating a fixed deposit is accessible through digital channels or by making a visit to a Nagda branch to deliver your application. Assemble all needed personal and address verification materials in advance for a trouble-free signup process. Commonly, these systematic steps enable you to 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 Nagda?

Shriram Finance offers optimally located FD branches in Nagda to fulfil your fixed deposit objectives. These investor-centric outlets employ skilled financial consultants who deliver dedicated support on how to open fixed deposit accounts or supervise existing Unnati Fixed Deposit Scheme arrangements. Below is the index of Shriram Finance branches in Nagda

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 Nagda

Shriram Finance provides strategically positioned FD branches in Nagda 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 Nagda

Nagda

  • Phone18001034959

Ujjain

  • B 13/4, Mahakal Vanijya Kendra, VIP Road, Opposite Treasure Bazar, Nanakhera UJJAIN,MADHYA PRADESH Pincode 456010 Phone18001034959

Ujjain - I

  • No 8, 2nd Floor, Ghatkarpar Marg, Freeganj UJJAIN,MADHYA PRADESH Pincode 456010 Phone18001034959
View All Branches

Shriram FD Customer Care in Nagda

When doubts appear or you need enhanced clarity about your fixed deposit account, our skilled Fixed Deposit Customer Care professionals in Nagda stand prepared to provide in-depth solutions. Call our telephone service for efficient guidance concerning your investments. Our detailed customer assistance information is consistently retrievable when required.

Toll Free

Shriram FD Status in Nagda

For monitoring your Shriram Fixed Deposit status in Nagda, access our detailed online services or contact our efficient customer assistance team. Regular tracking of your FD status ensures you stay mindful about approaching maturity deadlines and interest developments.

Fixed Deposit in Major Cities in India

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Fixed deposit in Indore

Fixed Deposit FAQs

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

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

What is the interest rate on Fixed Deposits in Nagda?

The interest rate on FD in Nagda 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 Nagda?

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

Yes, early withdrawal of fixed deposits is permitted in Nagda, though it typically involves penalties or reduced interest benefits. It is advisable to review the specific terms before initiating the withdrawal process.

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

Yes, you can open a fixed deposit account for a minor in Nagda with appropriate guardian supervision 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 reduced interest rate applied to the deposit amount.

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

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

Can I open multiple Fixed Deposits in Nagda?

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

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

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 Nagda?

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

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

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

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

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 Nagda?

Yes, interest rates for fixed deposits vary based on the investment duration. Typically, longer commitment periods 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 Nagda?

To prematurely terminate a Shriram FD in Nagda, 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 per RBI directives, deposits cannot be closed before completing three months from the date of deposit/renewal except in cases of depositor mortality.

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.