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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 Phusro

Phusro is seeing a steady shift towards secure and practical investment options. Among them, a Fixed Deposit in Phusro stands out for those who prefer low-risk growth with dependable returns. In a place where people value financial peace of mind, FDs offer a simple yet effective way to build savings without worrying about market ups and downs. Choosing an FD in Phusro through Shriram Finance allows residents to benefit from both safety and attractive returns. With Shriram Fixed Deposit, you can choose from flexible tenures and enjoy competitive interest rates that suit your financial needs such as planning for future goals or setting aside funds for emergencies. It is a suitable choice for salaried earners, small traders, and retired individuals looking for a secure parking option for their money. The application process is smooth, requiring minimal documentation, and customer support is always close at hand. If you are looking for a straightforward way to grow your savings, this fixed deposit can help you do just that. Start your FD journey with Shriram Finance today and take a solid step towards a financially secure future.

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 a term deposit where the interest earned isn’t paid out regularly but is added back to the principal. This reinvestment causes the principal to grow, which boosts the total earnings through compounding. At the end of the term, the investor receives a lump sum that includes both the original amount and the compounded interest. Cumulative FDs suit those aiming for long-term financial growth without needing periodic income, using compounding to enhance gains.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit provides interest at regular intervals, offering a steady source of income. It’s ideal for individuals who rely on frequent payouts. Interest is worked out using simple interest and can be credited monthly, quarterly or yearly. This option ensures consistent returns and offers more liquidity compared to cumulative FDs, making it apt for managing regular expenses.

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

Knowing the fixed deposit features and benefits is key to making the right investment choices. Below are the main features and advantages of FD

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

Shriram Fixed Deposit Interest Rates in Phusro

The FD rates in Phusro differ widely across banks and financial providers. Comparing these rates is essential to get the most out of your investment. Typically, the interest rates depend on factors like the deposit’s duration 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

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I am a Woman

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Investment amount

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STEP 04

Tenure up to

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Min 12 months

Max 60 months

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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 Phusro

Before opening a fixed deposit, you need to fulfil certain fixed deposit eligibility criteria in Phusro. The typical criteria for opening an FD account are as follows

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

How to Invest in Fixed Deposit with Shriram in Phusro

Shriram Finance provides competitive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. You may choose to open a fixed deposit either online or by visiting a nearby branch. Keep all required documents ready to make the process smooth. Usually, the following steps outline how to invest in an 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 Phusro?

When your FD matures, you may want to renew your Shriram FD in Phusro for continued benefits. Visit our website/mobile app or branches to renew your fixed deposit. Below are the general steps to renew FD 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 Phusro

Shriram Finance has dedicated FD branches in Phusro to cater to your fixed deposit needs. These branches have knowledgeable staff who can guide you on how to open fixed deposit accounts or manage your existing Unnati Fixed Deposit Scheme. Here is a list of our branches in Phusro

Phusro

  • Second Floor, above ICICI Bank, Main Road, P.O Dhori, P.S Bermo, Phusro, Dhori BOKARO, JHARKHAND Pincode825102 Phone18001034959

Bokaro

  • Plot No. KA-03, 1st Floor, City Centre, Sector 4, Bokaro Steel City BOKARO, JHARKHAND Pincode827004 Phone18001036369

Bokaro - I

  • First Floor, Ward No. 30, Telidih Highway More, Chas BOKARO, JHARKHAND Pincode827013 Phone18001034959
View All Branches

Shriram FD Customer Care in Phusro

For help or queries related to your fixed deposit, our Fixed Deposit Customer Care team is here to assist. You can call us for quick responses related to your investment. Our customer care numbers are provided below

Toll Free

Shriram FD Status in Phusro

To view your Shriram Fixed Deposit status in Phusro, use our online facilities or contact customer care. Monitoring your FD status keeps you updated about due dates and earned interest.

Fixed Deposit in Major Cities in India

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Fixed deposit in pune
Fixed deposit in Indore

Fixed Deposit FAQs

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

The minimum amount required to open a fixed deposit with Shriram Finance in Phusro is Rs.5000. Additional deposits must be made in multiples of Rs.1,000.

What is the interest rate on Fixed Deposits in Phusro?

The interest rate on FD in Phusro 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 Phusro?

Yes, opening an FD account online with Shriram Finance in Phusro is simple. 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 Phusro?

Yes, premature withdrawal of a fixed deposit is allowed in Phusro; However, this may be subject to penalties or lower interest rates. It is recommended to check the applicable terms beforehand.

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

Yes, a fixed deposit account can be opened in the name of a minor, provided a guardian gives their consent and completes the formalities.

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

Generally, premature withdrawals carry a penalty, which often includes a reduced interest rate on the deposit.

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

Yes, you can update the nominee on your fixed deposit account in Phusro. This usually requires submitting a formal request along with valid identification for the new nominee.

Can I open multiple Fixed Deposits in Phusro?

Yes, it is possible to open multiple fixed deposits in Phusro. These can be either within the same institution or across different financial institutions.

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

There is typically no fixed upper limit. However, some schemes may have specific limits based on institutional guidelines.

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

Yes, joint fixed deposits are allowed in Phusro, subject to the specific terms and conditions of the financial institution.

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

Yes, many financial institutions offer additional interest rates for senior citizens on fixed deposits, typically 0.50%* p.a. on fixed deposits for senior citizens.

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

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 Phusro?

Yes, interest rates on fixed deposits vary by tenure. Generally, longer durations tend to offer better rates due to the extended investment period.

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

To close your Shriram FD prematurely in Phusro, you need to submit the original deposit receipt with a Rs.1 revenue stamp, a request letter, and a cancelled cheque. As per 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.