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 Nawada

Regular saving is important for every family in Nawada, and fixed deposits offer a dependable way to grow these savings. A Fixed Deposit in Nawada lets you set aside money for a fixed time period while earning good interest rates. Unlike more risky investment options, an FD in Nawada guarantees your returns from the start. This guide covers everything you need to know about fixed deposits, including current interest rates and how to use fixed deposits effectively for different family needs like saving for education or planning for marriage expenses.

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 earned interest with your principal deposit instead of paying it out. This creates a growth-enhancing effect as you earn interest on both your original amount and previously earned interest. At the conclusion of your deposit period, you receive everything together your initial deposit plus all accrued interest. This option is ideal for those wanting maximum growth who don't need regular income from their investment.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit delivers interest at regular intervals, providing a consistent income flow. The interest is determined using simple interest formulas and can be transferred to you monthly, quarterly, or yearly. This choice offers reliable returns and better access to your earnings than cumulative FDs, making it beneficial for handling recurring expenses.

retirement

Fixed Deposit for Women

Female investors enjoy an additional 0.05%* p.a. interest advantage.

Life assured income

FD for Monthly Income

This arrangement facilitates monthly interest payments to help manage regular financial obligations.

cash

Fixed Deposit for NRI

Non-Resident Indians can make FD investments through physical banking channels in India.

coin

FD for Senior Citizens

This special deposit type offers elderly investors an extra interest rate of 0.50%* p.a.

Furthermore, our FDs can facilitate various additional financial objectives

  • FD for Wedding Expenses
  • FD for Home Expenses
  • FD for Retirement Fund
  • 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

Constructing sound financial strategies requires in-depth analysis of fixed deposit benefits and features. The primary attributes of FD contain

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

Shriram Fixed Deposit Interest Rates in Nawada

FD rates in Nawada demonstrate marked differences among various financial establishments. Astute investors diligently examine numerous choices before concluding where to secure their capital. The interest yields commonly vary according to elements such as your chosen period and the individual financial organisation overseeing your funds. 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 Nawada

Shriram Finance has specified clear eligibility conditions for prospective fixed deposit holders in Nawada. The entities permitted to create fixed deposit accounts in Nawada comprise

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

How to Invest in Fixed Deposit with Shriram in Nawada

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Establishing a fixed deposit provides adaptability with possibilities to proceed digitally or by approaching a Nawada branch for application management. Prepare all essential paperwork in advance for a smooth setup journey. Generally, follow these step-by-step actions 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 Nawada?

Upon your fixed deposit term conclusion, you may benefit from selecting to renew your Shriram FD in Nawada for uninterrupted financial progress. Our website, mobile app, or neighbourhood branches offer accessible renewal possibilities. Follow these guidelines to finalise your FD renewal digitally

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 Nawada

Shriram Finance provides conveniently located FD branches in Nawada to meet your fixed deposit requirements. These client-oriented facilities feature experienced financial professionals who offer tailored recommendations on how to open fixed deposit accounts or handle ongoing Unnati Fixed Deposit Scheme arrangements. Below is the list of Shriram Finance branches in Nawada

Nawada

  • Islam Nagar, Haddi Godown, Sanne Khan Market, NH 31, Sadbhawna Chowk NAWADA, BIHAR Pincode805110 Phone18001034959

Nawada - I

  • Ground Floor Rajendra Nagar Bhatt Bhawan Thana Road NAWADA, BIHAR Pincode805110 Phone18001034959

Bihar Sharif

  • Above Indofarm Showroom, 1st Floor, NH-31, Near DTO Office Main Road BIHAR SHARIF,BIHAR Pincode 803101 Phone18001036369
View All Branches

Shriram FD Customer Care in Nawada

Should questions emerge or you seek details about your fixed deposit account, our skilled Fixed Deposit Customer Care personnel are ready to address your concerns. Contact our telephone support line for prompt guidance related to your investments. All customer care contact information is conveniently accessible for your reference.

Toll Free

Shriram FD Status in Nawada

Your Shriram Fixed Deposit status in Nawada can be reviewed using our comprehensive online services or by contacting our expert customer service team. Periodic checking of your FD status ensures you stay updated about forthcoming maturity timeframes and interest earnings.

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 Nawada?

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

What is the interest rate on Fixed Deposits in Nawada?

The interest rate on FD in Nawada 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 Nawada?

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

Yes, premature withdrawal of fixed deposits is accessible in Nawada; however, this option typically comes with certain financial implications such as penalties or interest adjustments. Examining the specific terms is advisable before proceeding.

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

Yes, establishing a fixed deposit account for a minor in Nawada is permissible with guardian authorisation through Shriram Fixed Deposit programs.

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

Yes, early termination of a fixed deposit generally attracts penalties. These commonly involve a downward revision of the interest rate applicable to your deposit.

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

Yes, modifying the nominee for your FD account in Nawada is an available option. The procedure typically requires submitting a designated request form along with proper identification documentation of the new nominee.

Can I open multiple Fixed Deposits in Nawada?

Yes, creating multiple fixed deposits in Nawada is possible, whether distributed across various financial institutions or concentrated within one organisation.

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

Typically, no maximum investment ceiling exists; however, individual financial institutions might implement specific limits for particular deposit offerings.

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

Yes, initiating a fixed deposit through a joint account in Nawada is feasible, provided you comply with the financial institution's specific requirements and conditions.

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

Yes, numerous financial institutions provide preferential fixed deposit interest rates for senior citizens. Particularly, Shriram Finance offers an additional 0.50%* p.a. interest rate benefit for senior citizen depositors.

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

Shriram Finance provides senior citizens with an enhanced interest rate of 0.50%* p.a. above what regular depositors receive in Nawada.

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

Yes, fixed deposit interest rates vary according to tenure selection. Typically, longer commitment periods may command higher interest rates compared to shorter durations due to the extended financial commitment from the depositor.

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

For premature closure of a Shriram FD in Nawada, you need to submit the original deposit receipt with a Rs.1 revenue stamp affixed, accompanied by a formal request letter and a cancelled cheque. According to RBI directives, deposits cannot be prematurely closed within three months of deposit/renewal 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.