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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 Phek

In Phek, people are increasingly seeking out low-risk financial tools to preserve and grow their savings. A Fixed Deposit in Phek, particularly with a reputed institution like Shriram Finance, offers peace of mind and assured returns. With a starting amount of Rs.5,000, residents can invest in either cumulative or non-cumulative plans, depending on their financial goals. The compounding effect in long-term deposits allows savings to multiply steadily. Shriram Fixed Deposit plans are known for offering competitive rates and flexibility in choosing tenures, making them a practical choice for salaried individuals, homemakers, and retirees alike. For those looking to build a reliable savings habit, an FD in Phek with Shriram Finance is a trusted and straightforward option.

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 works by adding the interest to the principal over the entire term instead of releasing it at intervals. The compounded interest results in a higher payout at maturity. On completion of the tenure, the investor receives a lump sum combining the original deposit and the accumulated interest. This type of FD is ideal for those focused on long-term savings with no need for periodic income.

achievement

Non-Cumulative Fixed Deposit

With a Non-Cumulative Fixed Deposit, interest is paid out regularly monthly, quarterly, or yearly according to the depositor’s preference. It is calculated as simple interest and is suitable for those who need consistent cash flow to cover regular expenses. This option offers more liquidity and suits short-term financial planning.

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.

Our fixed deposits can also help with various life milestones

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

The FD interest rate of 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 Non-Cumulative Fixed Deposit pays out interest at regular intervals.

Shriram Fixed Deposit Features and Benefits

Exploring the features and benefits of our fixed deposit can give you a clearer path to achieving your financial goals. Below is a quick overview of the key highlights

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

Shriram Fixed Deposit Interest Rates in Phek

The FD rates in Phek can differ based on the financial institution. Reviewing and comparing these rates is useful when looking for better returns. The rate depends on the duration and the institution you choose. Shriram Fixed Deposit is rated "[ICRA]AA+ (Stable)" by ICRA and "IND AA+/Stable" by India Ratings and Research. Get interest rate of up to 8.15%* p.a. inclusive of 0.50%* 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.

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 Phek

To open a fixed deposit account in Patiala, a few eligibility criteria must be met. These usually include the following

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

How to Invest in Fixed Deposit with Shriram in Phek

Shriram Finance provides competitive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. You may open a fixed deposit either online or at your nearest branch. Having all necessary documents ready makes the process faster. The typical steps to apply online are listed here

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 Phek?

Before your fixed deposit matures, you can renew your Shriram FD in Phek to continue enjoying its benefits. You can complete the renewal process online through the website or mobile app or by visiting a branch. Below are the general steps to renew your fixed deposit 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 Phek

For assistance, you’re welcome to visit any of our FD branches in Patiala. These branches have knowledgeable staff who can guide you on how to open fixed deposit accounts or manage your existing Unnati Fixed Deposit Scheme. Check the list of our branches in Phek

Shillong

  • 1st Floor, Main Road, Lumbasuk, Lawjynriew, Shillong NONGTHYMMAI,MEGHALAYA Pincode: 793014 Phone:18001034959

Guwahati - I (Chandmari)

  • Senapati Commercial, 2nd Floor, Mani Ram Dewan Road, Near Abishek Motors, Silpukhuri GUWAHATI,ASSAM Pincode: 781003 Phone:18001036369

Dhemaji

  • 1st Floor, Dhemaji Main Town, Chariali Axis Bank Building DHEMAJI,ASSAM Pincode: 787057 Phone:18001036369
View All Branches

Shriram FD Customer Care in Phek

If you have questions about your fixed deposit, get in touch with our Fixed Deposit Customer Care. Our team is available on the phone to offer help or answer queries. The contact information is shared below

Toll Free

Shriram FD Status in Phek

To manage your FD more effectively, check the Fixed Deposit status in Patiala online or by calling our support team. Keeping up with your FD details helps plan your finances better.

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 Phek?

You can start Fixed Deposit with Shriram Finance in Phek with a minimum investment of Rs.5,000. Any additional amount should be in multiples of Rs.1,000.

What is the interest rate on Fixed Deposits in Phek?

The interest rate on our fixed deposits in Phek 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 Phek?

Yes, you can easily open an FD online with Shriram Finance in Phek. 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 Phek?

Yes, you may withdraw your FD before maturity in Phek. However, this could lead to lower interest earnings or applicable penalties. It is advisable to check the terms beforehand.

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

Yes, you can open an FD in Phek for a minor, provided a guardian gives consent and completes the required documentation.

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

Yes, premature FD withdrawals are usually subject to penalties. These generally result in a reduced interest payout compared to the original rate.

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

Yes, Shriram Finance allows you to update the nominee for your FD in Phek. You will need to submit a written request along with valid ID proof of the new nominee.

Can I open multiple Fixed Deposits in Phek?

Yes, you can maintain multiple FDs in Phek. These can be with the same institution or spread across different financial service providers.

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

Generally, there is no upper cap for FD investments in Phek. However, certain schemes might impose their own limits depending on their terms.

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

Yes, joint FD accounts can be opened in Phek, depending on the rules and guidelines of the financial institution you're applying with.

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

Yes, Fixed Deposit plans with better interest rates are available to senior citizens in Phek, including an additional 0.50%* p.a. offered by Shriram Finance.

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

Senior citizens investing in FDs with Shriram Finance in Phek earn 0.50%* p.a. more than the standard interest rates.

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

Yes, FD interest rates in Phek depend on the tenure. Longer investment durations usually come with higher interest rates.

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

If you need to close your FD before maturity in Phek, you’ll need to provide the deposit certificate (with a Rs.1 revenue stamp), a formal request, and a cancelled cheque. As per Reserve Bank of India (RBI) regulations, premature closure within three months of deposit or renewal is not permitted unless in the event of the depositor's 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.