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 Narmadapuram

A Fixed Deposit in Narmadapuram offers residents a reliable pathway to wealth accumulation combining deposit security with growth potential. The FD in Narmadapuram provides transparent structures that help investors proceed with financial assurance. This guide delivers crucial information about fixed deposits, spanning competitive interest offerings to liquidity arrangements, enabling you to craft financial strategies that support both immediate requirements and long-term financial aspirations in this culturally rich city.

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 keeps your interest earnings with your original deposit instead of paying them out. This creates compound growth as your interest starts earning its own interest. At the end of your deposit period, you get one large payment that includes both your initial investment and all accumulated interest. This type of FD is ideal for those looking for long-term growth who don't need regular income from their savings.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit provides interest payments at specific time intervals, giving you a regular flow of income. The interest uses simple interest calculations and can be distributed monthly, quarterly, or annually. This option delivers consistent earnings and better liquidity compared to cumulative FDs, making it appropriate for handling recurring financial needs.

retirement

Fixed Deposit for NRI

Non-Resident Indians have the opportunity to invest in FDs through physical banking channels in India.

Life assured income

FD for Senior Citizens

This specialised deposit type provides an additional interest rate of 0.50%* p.a. for older investors.

cash

Fixed Deposit for Women

Female depositors get an extra 0.05%* p.a. interest rate advantage.

coin

FD for Monthly Income

This setup allows for monthly interest disbursements to support regular expenses.

Furthermore, our FDs can facilitate various additional financial objectives

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

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

Making informed investment decisions requires a detailed understanding of the features and advantages that fixed deposits offer. Primary FD attributes consist of

Flex Tenure
Predictable returnsPredictable returns
Attractive Interest
Low minimum investment amountLow minimum investment amount
Compounding Benefit
Attractive interest ratesAttractive interest rates
Static Alt Text
Flexible tenureFlexible tenure
Predictable Return
Cumulative and non-cumulative schemesCumulative and non-cumulative schemes
Cumulative
Compounding benefitsCompounding benefits
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 Narmadapuram

FD rates in Narmadapuram present considerable diversity across the banking sector. Thoughtful savers consistently evaluate all feasible choices before committing their funds. Your potential earnings are usually determined by elements including your selected tenure and the specific organisation managing 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 %

loangraph

Deposit

Invested Amount

₹ 50,000

Shriram Fixed Deposit Eligibility Criteria in Narmadapuram

Shriram Finance stipulates specific eligibility criteria for fixed deposit applications in Narmadapuram. The categories authorised to invest in fixed deposits in Narmadapuram consist of

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

How to Invest in Fixed Deposit with Shriram in Narmadapuram

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Commencing a fixed deposit is accessible through digital platforms or by making a trip to a Narmadapuram branch for application submission. Prepare all essential documents beforehand to ensure a smooth registration process. Generally, the following sequence shows 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 Narmadapuram?

Upon your FD's maturity, assessing the proposition to renew your Shriram FD in Narmadapuram might ensure ongoing investment benefits. Utilise our web services, smartphone application, or visit a branch representative to facilitate renewal. The below methodology explains how to renew your deposit via our online platform

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 Narmadapuram

Shriram Finance houses FD branches in Narmadapuram to support your fixed deposit goals. These client-oriented facilities are staffed with knowledgeable financial specialists who provide comprehensive guidance on how to open fixed deposit accounts or administer existing Unnati Fixed Deposit Scheme portfolios. Below is the list of Shriram Finance branches in Narmadapuram

Hoshangabad

  • Plot No.34/18, - 2nd Floor, Above N-Mart HOSHANGABAD,MADHYA PRADESH Pincode 461001 Phone18001036369

Babai

  • Ground Floor,H.No.211 Ward No.08,Hoshangabad Road Babai HOSHANGABAD,MADHYA PRADESH Pincode 461661 Phone18001036369

Bhopal Regional Office

  • 2nd Floor, Shreeram Tower, Plot No.Z-7 Near Miracle, Hospital M.P. Nagar Zone-I, Ward No.44 BHOPAL,MADHYA PRADESH Pincode 462011 Phone18001036369
View All Branches

Shriram FD Customer Care in Narmadapuram

If inquiries develop or clarification is needed about your fixed deposit account, our specialised Fixed Deposit Customer Care representatives in Narmadapuram remain available to address your questions. Connect via phone for immediate guidance related to your investments. Our comprehensive customer care contact details are readily accessible for your convenience.

Toll Free

Shriram FD Status in Narmadapuram

For evaluating your Shriram Fixed Deposit status in Narmadapuram, harness our effective online facilities or communicate with our responsive customer advisory staff. Periodic verification of your FD status helps you remain updated regarding upcoming maturity milestones and interest developments.

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 Narmadapuram?

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

What is the interest rate on Fixed Deposits in Narmadapuram?

The interest rate on FD in Narmadapuram 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 Narmadapuram?

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

Yes, early access to a fixed deposit is available in Narmadapuram; however, this may trigger penalty charges or diminished interest earnings. It is prudent to review the specific terms before executing a withdrawal.

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

Yes, you can establish a fixed deposit account for a minor in Narmadapuram with guardian consent through Shriram Fixed Deposit.

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

Yes, penalties commonly apply for premature withdrawal of fixed deposits. Such penalties typically manifest as reduced interest rates on your deposit amount.

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

Yes, updating the nominee for your FD account in Narmadapuram is an available option. This process usually requires submitting a designated form along with valid identification documentation of the new nominee.

Can I open multiple Fixed Deposits in Narmadapuram?

Yes, you may create several fixed deposits in Narmadapuram, either with various financial institutions or within a single banking organisation.

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

Generally, there is no upper limit; however, particular financial institutions may implement specific maximum thresholds for certain deposit schemes.

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

Yes, establishing a fixed deposit through a joint account in Narmadapuram is feasible, depending on the financial institution's specific regulations.

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

Yes, numerous financial organisations offer premium fixed deposit interest rates for senior citizens compared to regular 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 Narmadapuram?

Shriram Finance offers senior citizens an enhanced interest rate of 0.50%* p.a. above the standard depositor rates in Narmadapuram.

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

Yes, FD interest rates vary according to tenure selection. Typically, longer investment periods may secure higher interest rates compared to shorter durations due to the extended commitment timeframe.

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

To prematurely terminate a Shriram FD in Narmadapuram, submit the original deposit receipt with a Rs.1 revenue stamp, a formal request letter, and a cancelled cheque. According to RBI guidelines, deposits cannot be closed before three months from the deposit/renewal date except in cases of depositor demise.

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.