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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 Narkanda

In Narkanda, many individuals are turning to fixed deposits to grow their savings in a safe and steady manner. A fixed deposit (FD) is especially useful for those who want predictable returns without the risks of market-linked products. From salaried individuals to senior citizens and small business owners, many prefer FDs as a reliable way to plan for future goals. With Shriram Fixed Deposit, you can enjoy competitive interest rates along with the flexibility to choose a tenure that suits your financial needs. Even with a low minimum investment, you can start building your savings without stretching your budget. This makes it easier to plan for important milestones such as children’s education, weddings, or retirement. What makes our FD in Narkanda more appealing is the ease of opening an account. Shriram Finance offers both online and offline options, ensuring a smooth experience. If you’re looking for a secure and consistent way to grow your wealth, Shriram Finance brings you an option that combines simplicity with strong returns. Take control of your finances today open a Fixed Deposit in Narkanda with Shriram Finance and let your savings grow steadily.

Types of Fixed Deposits

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

interest rates

Cumulative Fixed Deposit

A Cumulative Fixed Deposit incorporates interest into the principal throughout the selected tenure rather than delivering payouts during the term. The gathered interest is reinvested, allowing the amount to grow through compounding. Upon FD maturity, the investor receives a lump sum combining the original deposit and compounded interest. This option suits those with long-term financial objectives who don't require regular payouts.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit distributes interest at established intervals, making it appropriate for generating consistent income. Interest is calculated on a simple interest basis and can be disbursed monthly, quarterly, or annually. Compared to cumulative deposits, they offer greater liquidity and serve well for those handling regular financial requirements.

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.

Also, our FDs can be used for various other financial goals

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

Understanding the fixed deposit features and benefits enables more effective financial planning. Below is an overview of the key features and benefits of an FD

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

Shriram Fixed Deposit Interest Rates in Narkanda

The FD rates in Narkanda differ depending on the bank or financial institution. Thoroughly comparing these rates can help you secure better value. The rates typically depend on the deposit duration and the institution offering the fixed 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

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Min 12 months

Max 60 months

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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 Narkanda

Shriram Finance has certain eligibility standards for opening a fixed deposit account. Typically, you must meet the following criteria to apply for an FD

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

How to Invest in Fixed Deposit with Shriram in Narkanda

Shriram Finance provides competitive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. You can open an FD either online or by visiting a nearby branch. Ensure all your documents are prepared to make the process seamless. Typically, the following steps outline how 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 Narkanda?

Once your fixed deposit reaches maturity, you might choose to renew your Shriram FD in Narkanda to continue enjoying its advantages. You can accomplish this through our website, mobile app or by visiting any of our branches. Below are the standard steps for renewing an 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 Narkanda

Shriram Finance maintains FD branches in Narkanda to support all your fixed deposit needs. Each branch is staffed with knowledgeable professionals who can help you to open fixed deposit or manage your Unnati Fixed Deposit Scheme account. Here's a list of our Narkanda branches

Shimla

  • Asha Bhawan, Opposite Hotel The Park, Ghora Chowki, Tara Devi PO SHIMLA, HIMACHAL PRADESH Pincode171010 Phone18001034959

Gumma

  • First Floor, Chauhan Niwas, Opposite PNB Bank, Vpo-Gum, Gumma SHIMLA, HIMACHAL PRADESH Pincode171202 Phone18001036369

Shimla - I

  • Care of Kanta Niwas Near Apple Rose Hotel Okharoo SHIMLA, HIMACHAL PRADESH Pincode171103 Phone18001034959
View All Branches

Shriram FD Customer Care in Narkanda

If you need assistance with your FD account, our dedicated Fixed Deposit Customer Care team is available to support you. Simply call us for prompt help with any investment-related concern. You'll find the contact details below

Toll Free

Shriram FD Status in Narkanda

You can verify your Fixed Deposit status in Narkanda using our online platforms or by contacting customer care. Monitoring your FD status helps you remain informed about interest earnings and maturity dates.

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 narkanda?

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

What is the interest rate on Fixed Deposits in narkanda?

The interest rate on FD in narkanda 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 narkanda?

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

Yes, you can withdraw your fixed deposit before maturity in Narkanda. However, it might incur a penalty or reduced interest, so It is advisable to review the applicable terms in advance.

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

Yes, you can open a fixed deposit account in the name of a minor with a guardian's consent with Shriram Fixed Deposit.

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

Yes, there is usually a penalty for premature withdrawal of a fixed deposit. This penalty often involves a reduction in interest rates applicable to the deposit.

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

Yes, you can change the nominee for your FD account in narkanda. This process typically requires submitting a request form along with valid identification details of the new nominee.

Can I open multiple Fixed Deposits in narkanda?

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

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

Generally, there is no upper limit; however, some financial institutions may have specific schemes with defined limits.

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

Yes, joint ownership of fixed deposit accounts is available in Narkanda, subject to compliance with the specific regulations set by your chosen financial institution.

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

Yes, many financial institutions offer additional fixed deposit interest rates for senior citizens compared to regular deposits. For instance, Shriram Finance offers 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 narkanda?

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 narkanda?

Yes, FD interest rates can differ based on tenure. Typically, longer tenures may offer higher interest rates compared to shorter ones due to the extended commitment from the depositor.

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

To close a Shriram FD prematurely, submit the original deposit receipt with a Rs.1 revenue stamp, a request letter, and a cancelled cheque. According to the direction of the RBI, a deposit receipt cannot be prematurely closed before three months from the date of deposit/renewal except in case of 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.