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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 Palampur

In Palampur, many individuals rely on fixed deposits to grow their savings steadily without worrying about market fluctuations. It’s a dependable option for long-term planning and short-term goals alike. Shriram Finance allows you to start with just Rs.5000, making it accessible for a wide range of savers. Tenure options are flexible, and the returns come with competitive interest rates with our Fixed Deposit in Palampur. The application process is hassle-free, and only basic documentation is needed. Shriram Fixed Deposit offers clarity and control over your finances. If you're considering an FD in Palampur, this is a sound way forward. Get started with Shriram Finance and build your savings with confidence.

Types of Fixed Deposits

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

interest rates

Cumulative Fixed Deposit

In a Cumulative Fixed Deposit, the interest earned is not distributed at regular times but instead merged with the principal sum. This reinvestment helps the deposit grow via compound interest. At term end, the full payout encompasses both the principal and accrued interest. Cumulative FDs best suit those not needing regular income who focus on expanding their savings over time through compounding.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit delivers interest periodically, establishing a reliable income source. It's tailored for people who prefer scheduled payments. The interest is figured using simple interest methods and can be paid monthly, quarterly or yearly. This approach delivers predictable returns and improved liquidity over cumulative FDs, supporting ongoing financial commitments.

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

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

Understanding the fixed deposit features and benefits is crucial when organising your investments. The following constitute the key features and benefits associated with an FD

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

Shriram Fixed Deposit Interest Rates in Palampur

The FD rates in Palampur may vary between banking and financial institutions. Comparing these is essential to optimise your investment. Interest rates typically correlate with the deposit period and the institution offering the FD. 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 Palampur

To open a fixed deposit in Palampur, you need to meet certain eligibility criteria. Typically, these are the standard requirements you must fulfil before applying for an FD.

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

How to Invest in Fixed Deposit with Shriram in Palampur

Shriram Finance provides competitive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. You have the option to open your FD account online or at a branch location. Having your documentation properly arranged will assist in preventing delays. The standard online FD investment procedure includes these steps

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 Palampur?

When your FD reaches maturity, you might consider options to renew your Shriram FD in Palampur for continued benefits. Please access our website, mobile application or visit our branches to renew your fixed deposit. The general steps for online FD renewal are

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 Palampur

Shriram Finance provides FD branches in Palampur specifically established to assist you with fixed deposit services. Our branch representatives are properly trained to provide guidance on how to open fixed deposit accounts or maintain your existing Unnati Fixed Deposit Scheme accounts. Please find the branch locations below

Palampur

  • 2nd Floor Main Thakurdwara Chowk, Post Office Maranda, Tehsil Palampur KANGRA, HIMACHAL PRADESH Pincode176102 Phone18001034959

Kangra

  • Village Birta PO Kangra, Second Floor, Near Indian Oil Petrol Pump KANGRA, HIMACHAL PRADESH Pincode176001 Phone18001036369

Jawalamukhi

  • First Floor, Ward No. 6, Village - Suknal, Post Office and Tehsil - Jawalamukhi KANGRA, HIMACHAL PRADESH Pincode176031 Phone18001036369
View All Branches

Shriram FD Customer Care in Palampur

For any difficulties or questions concerning your fixed deposit, please contact our Fixed Deposit Customer Care team. They are available by telephone to address your investment-related enquiries. Our service numbers are provided here

Toll Free

Shriram FD Status in Palampur

To track your Fixed Deposit status in Palampur, you may use our digital platform or contact customer care. It is advisable to stay informed about your FD maturity and interest earnings.

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Fixed deposit in Indore

Fixed Deposit FAQs

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

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

What is the interest rate on Fixed Deposits in palampur?

The interest rate on FD in palampur 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 palampur?

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

Yes, premature withdrawal of fixed deposits is available in Palampur; However, this option entails penalties, or a reduced interest rate as per the terms of the FD.

Can I open a Fixed Deposit in palampur 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 palampur?

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

Can I open multiple Fixed Deposits in palampur?

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

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

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 palampur?

Yes, a fixed deposit in a joint account in Palampur is acceptable, provided all parties fulfil the provider's specific terms and conditions.

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

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 palampur?

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 palampur?

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 palampur?

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.