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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 Pithapuram

A Fixed Deposit in Pithapuram presents residents with a balanced approach to savings uniting investment safety with reasonable returns. The FD in Pithapuram features clear frameworks that enable investors to navigate their financial journey with confidence. This comprehensive guide supplies vital information about fixed deposits, from prevailing interest structures to liquidity options, empowering you to shape financial decisions that address both current monetary needs and long-range financial objectives in this developing region.

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 is an investment structure where interest earned stays with your principal rather than being paid out. This creates a compounding effect, with interest earning more interest over time. When the term ends, you receive everything at once your original deposit plus all accumulated interest. This FD type is best suited for people seeking maximum growth who don't need ongoing income from their investment.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit sends interest payments to you at regular intervals, establishing a dependable income source. Interest calculations use simple interest methods and can be paid monthly, quarterly, or yearly. This option gives you predictable income and better access to your earnings than cumulative FDs, making it ideal for meeting regular financial obligations.

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

To navigate investment choices effectively, it's critical to grasp the distinctive features and benefits of fixed deposits. The notable characteristics of FD include

Flex Tenure
Predictable returnsPredictable returns
Attractive Interest
Flexible tenureFlexible tenure
Compounding Benefit
Attractive interest ratesAttractive interest rates
Static Alt Text
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 Pithapuram

FD rates in Pithapuram showcase notable variance between different banking institutions. Careful investors invariably compare existing options before allocating their capital. The interest returns typically depend on factors such as your chosen deposit period and the particular financial entity overseeing your investment. 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 %

loangraph

Deposit

Invested Amount

₹ 50,000

Shriram Fixed Deposit Eligibility Criteria in Pithapuram

To initiate a fixed deposit with Shriram Finance in Pithapuram, customers need to fulfill particular eligibility requirements. The investor types eligible for fixed deposit accounts in Pithapuram include

  • 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 Pithapuram

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Beginning a fixed deposit account can be done via internet banking or by approaching a Pithapuram branch to process your application. Assemble all required documentation in advance for an efficient onboarding journey. Typically, these systematic steps guide you 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 Pithapuram?

Before your fixed deposit matures, you can renew your Shriram FD in Pithapuram 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 Pithapuram

Shriram Finance operates strategically established FD branches in Pithapuram to serve your fixed deposit needs. These customer-centric offices feature trained financial advisers who deliver detailed instructions on how to open fixed deposit accounts or manage active Unnati Fixed Deposit Scheme arrangements. Below is the list of Shriram Finance branches in Pithapuram

Kakinada

  • D.No.12-2-32, Opposite Bala ENT Hospital, Dantuvari Street, Suryaraopeta KAKINADA,ANDHRA PRADESH Pincode: 533001 Phone:18001036369

Kakinada - III

  • D. No. 9-185/3, Opposite Street of Sarpavaram, M.R.O. Office, R.S. No. 74/2, 2nd Floor, Near Sarpavaram Junction, Ramanayyapeta, East Godavari KAKINADA,ANDHRA PRADESH Pincode: 533005 Phone:18001036369

Kakinada - IV

  • D No. 3-10/2, 1st Floor, Sunkarapalem Tallarevu Mandal KAKINADA,ANDHRA PRADESH Pincode: 533464 Phone:18001036369
View All Branches

Shriram FD Customer Care in Pithapuram

Should questions emerge or you require explanation regarding your fixed deposit account, our dedicated Fixed Deposit Customer Care team in Pithapuram is prepared to deliver effective solutions. Reach out through our telephone helpline for prompt support about your investment concerns. Our customer service contact information is easily available whenever you need assistance.

Toll Free

Shriram FD Status in Pithapuram

For evaluating your Shriram Fixed Deposit status in Pithapuram, make use of our efficient online services or connect with our dedicated customer guidance team. Consistent monitoring of your FD status allows you to keep abreast of imminent maturity periods and interest growth.

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Fixed deposit in Indore

Fixed Deposit FAQs

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

The minimum deposit amount for a fixed deposit in Pithapuram for Shriram FD is Rs.5,000, with deposits accepted in multiples of Rs.1,000.

What is the interest rate on Fixed Deposits in Pithapuram?

The interest rate on FD in Pithapuram 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 Pithapuram?

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

Yes, early redemption of a fixed deposit is permitted in Pithapuram; however, this may incur penalties or reduced interest benefits. It's recommended to verify the specific conditions before initiating withdrawal.

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

Yes, establishing a fixed deposit account for a minor in Pithapuram is achievable with guardian authorisation through Shriram Fixed Deposit.

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

Yes, penalties generally apply for premature withdrawal of fixed deposits. These penalties typically involve a downward revision of the interest rate applicable to your deposit.

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

Yes, modifying the nominee for your FD account in Pithapuram is possible. This typically requires submission of a formal request along with valid identification details of the new nominee.

Can I open multiple Fixed Deposits in Pithapuram?

Yes, you can create numerous fixed deposits in Pithapuram, distributed across different financial institutions or concentrated within the same financial entity.

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

Generally, no investment ceiling exists; however, specific financial institutions may establish particular maximum thresholds for certain deposit schemes.

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

Yes, creating a fixed deposit using a joint account in Pithapuram is allowable, subject to the respective financial institution's terms and policies.

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

Yes, many financial entities offer elevated fixed deposit interest rates for senior citizens compared to standard deposits. For example, Shriram Finance provides an 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 Pithapuram?

Shriram Finance extends senior citizens an enhanced interest rate of 0.50%* p.a. above that offered to regular depositors in Pithapuram.

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

Yes, FD interest rates differ based on the selected tenure. Generally, longer commitment periods may yield higher interest rates compared to shorter durations due to the extended investment timeframe.

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

To prematurely close a Shriram FD in Pithapuram, present the original deposit certificate with a Rs.1 revenue stamp affixed, a written request letter, and a cancelled cheque. As per RBI directives, deposits cannot be terminated 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.