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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 Nizamabad

A Fixed Deposit in Nizamabad stands out as a trusted way to protect and increase your savings with minimal worry. Many residents appreciate that an FD in Nizamabad provides structure and reliability when compared to other investment choices. This guide covers everything you need to know about fixed deposits, from competitive rates to tenure options, helping you build financial security while living in this agricultural and commercial centre.

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 is an investment vehicle where interest earned remains with your principal instead of being distributed. This compounding process increases your total returns as interest earns on an ever-growing amount. At the end of the term, you receive everything at once your original deposit plus all accumulated interest. Cumulative FDs work best for investors who can postpone their returns to maximize growth through the power of compounding.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit offers interest payments at specified intervals, establishing a dependable revenue stream. It's perfectly aligned with the needs of those requiring steady income. Interest calculations use simple interest principles and can be disbursed monthly, quarterly, or annually. This approach provides predictable returns and greater liquidity compared to cumulative deposits, making it appropriate for managing recurring financial commitments.

retirement

Fixed Deposit for Women

Women depositors enjoy a benefit of an extra 0.05%* p.a. interest rate on their investments.

Life assured income

Fixed Deposit for NRI

Non-Resident Indians can establish fixed deposits through various offline banking channels available in India.

cash

FD for Monthly Income

This specialized option delivers systematic monthly interest disbursements to help with regular expenses.

coin

FD for Senior Citizens

This FD type offers senior citizens an advantageous interest rate that's 0.50%* p.a. higher than standard offerings.

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

  • FD for Retirement Fund
  • Fixed Deposit for Children
  • 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

Financial planning becomes easier when you understand your options thoroughly. Consider these primary features and benefits of FD when mapping out your investment strategy.

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

Shriram Fixed Deposit Interest Rates in Nizamabad

The FD rates in Nizamabad show notable differences between different financial entities and banks. To ensure optimal financial growth, investors should carefully evaluate available options. Key determinants of interest yields include the investment timeframe, and the specific financial institution selected for 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 Nizamabad

To initiate a fixed deposit account, you must meet specific fixed deposit eligibility standards in Nizamabad. These eligibility criteria commonly include

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

How to Invest in Fixed Deposit with Shriram in Nizamabad

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. You can initiate a fixed deposit account online or head to a branch to complete your application. Be prepared with all mandatory documents for a seamless procedure. Commonly, the following stages represent the process to invest in FD online in Nizamabad

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 Nizamabad?

At the time your FD reaches maturity, you could opt to renew your Shriram FD in Nizamabad to enjoy ongoing benefits. Navigate to our website/mobile application or visit our branches to extend your fixed deposit. Here are the typical steps for online FD renewal

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 Nizamabad

Shriram Finance provides FD branches in Nizamabad dedicated to your fixed deposit requirements. Each branch features experienced staff offering specialised guidance on how to open fixed deposit accounts or handle your existing Unnati Fixed Deposit Scheme investments. Find Shriram Finance service points in Nizamabad

Nizamabad

  • Rukmini Chambers, D No. 1-13-405/E, 2nd Floor Block No. 203, Vinayaknagar NIZAMABAD,TELANGANA Pincode 503001 Phone18001034959

Nizamabad - I

  • Door No7-8-127, Beside Devimatha Temple, Devi Road NIZAMABAD,TELANGANA Pincode 503001 Phone18001034959

Nizamabad - II

  • 5-6-470/C, S.R Mallaiah Complex,Hyderabad Road NIZAMABAD,TELANGANA Pincode 503003 Phone18001034959
View All Branches

Shriram FD Customer Care in Nizamabad

To resolve queries or seek assistance regarding your fixed deposit account, our Customer Care representatives are accessible via phone. For prompt support with your investment concerns, please use the contact numbers provided

Toll Free

Shriram FD Status in Nizamabad

To review your Fixed Deposit status in Nizamabad, you may utilise Shriram Finance's online services or reach out to our customer support team. Regular monitoring of your FD status ensures you remain aware of maturity deadlines and accumulated interest.

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 Nizamabad?

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

What is the interest rate on Fixed Deposits in Nizamabad?

The interest rate on FD in Nizamabad 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 Nizamabad?

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

Premature withdrawals for fixed deposits are allowed in Nizamabad, though they may incur penalties or lower interest rates. Checking the specific terms beforehand is advisable.

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

In Nizamabad, Shriram Fixed Deposit permits fixed deposit accounts for minors with appropriate guardian authorization.

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

Fixed deposit premature withdrawals typically incur penalties, usually applied as reductions to the applicable interest rate.

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

Changing your FD nominee in Nizamabad requires submitting a formal request with valid identification documents for the new nominee.

Can I open multiple Fixed Deposits in Nizamabad?

Yes, you can establish multiple fixed deposits in Nizamabad, either with different institutions or multiple accounts with one provider.

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

There is generally no maximum investment limit for fixed deposits in Nizamabad, though specific institutional schemes may have their own caps.

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

Joint fixed deposit accounts are available in Nizamabad, subject to the specific terms of the financial institution.

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

Many Nizamabad financial institutions offer better rates for senior citizens, with Shriram Finance specifically providing an additional 0.50%* p.a.

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

In Nizamabad, Shriram Finance rewards senior citizens with an additional 0.50%* p.a. interest compared to regular depositors.

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

FD interest rates in Nizamabad vary based on tenure selection, with longer commitment periods typically offering higher returns.

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

To close a Shriram FD prematurely in Nizamabad, submit the original deposit receipt with a Rs.1 revenue stamp, a written request, and a cancelled cheque. As per RBI guidelines, deposits cannot be closed before three months from deposit/renewal date except in case 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.