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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 Prayagraj

Planning your finances in a growing city like Prayagraj often begins with dependable savings tools. A Fixed Deposit in Prayagraj can be a practical option if you're looking to earn returns over a specific period without taking risks linked to market-based investments. In this guide, you will find all the essential details about opening an FD in Prayagraj with Shriram Finance. From choosing the right deposit term to understanding interest payout options, this guide aims to support your decision-making process. Whether you are saving for an important goal or simply want to manage your money better, the information here can help you take a confident step towards financial stability.

Types of Fixed Deposits

Shriram Finance in Prayagraj provides fixed deposit options that support different savings goals.

interest rates

Cumulative Fixed Deposit

In this type, interest earned is added back to your deposit. This grows the total amount through compounding, and the full sum is received upon maturity. It is useful for those aiming for long-term savings without requiring regular income.

achievement

Non-Cumulative Fixed Deposit

This pays interest periodically, monthly, quarterly, or annually as per your preference. It helps with routine financial needs and offers a regular flow of returns. Interest is calculated simply and paid on time. Depending on your financial plans, either of these options could work well. You can open and manage your fixed deposit account in Prayagraj through Shriram Finance's branch offices or by using the online services available.

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

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

In Prayagraj, fixed deposits are a preferred savings option for many. Knowing the benefits and key features can guide you in making suitable financial choices. Listed below are some of the points to consider when thinking about investing in fixed deposits.

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

Shriram Fixed Deposit Interest Rates in Prayagraj

FD rates in Prayagraj may differ depending on the institution and your selected deposit term. Every financial organisation provides different rates, so comparing is helpful. You might want a fixed deposit that pays interest often or one that lets your savings increase. Choosing the option that matches your savings style helps you manage your funds well and supports your financial goals. Shriram Fixed Deposit is rated "[ICRA]AA+ (Stable)" by ICRA and "IND AA+/Stable" by India Ratings and Research. GGet 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 Prayagraj

To open a fixed deposit in Prayagraj, certain eligibility guidelines need to be followed. Generally, the conditions listed below are required by most financial institutions to begin the deposit process.

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

How to Invest in Fixed Deposit with Shriram in Prayagraj

In Prayagraj, Shriram Finance offers the Shriram Unnati Fixed Deposit with the option to apply online or at a local branch. This fixed deposit includes flexible tenure choices and interest rates based on your preferences. Having your documents ready in advance will make the process smoother. The steps given below explain how to open them 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 Ranchi?

When the deposit period ends, you may decide to renew your Shriram FD in Prayagraj and continue enjoying fixed deposit benefits. You can carry out the process online via the website or app. You may also visit a nearby branch. The steps outlined below explain how 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 Prayagraj

To open fixed deposits or get help with your existing account, you can visit FD branches in Prayagraj run by Shriram Finance. Trained staff are available to assist with queries such as renewals and new applications. Visiting a branch can help you understand which fixed deposit suits your goals.

Soraon

  • 1st Floor, Khasra No 624 Malak Chaturi, Shivgarh, Soraon PRAYAGRAJ, UTTAR PRADESH Pincode212502 Phone18001034959

Allahabad

  • 23, Kanpur Road, Opposite Commercial Auto Sales , Near Bank of Baroda. Civil Lines PRAYAGRAJ, UTTAR PRADESH Pincode211001 Phone18001036369

Allahabad - I

  • Plot No 3, No. 29, Clive Road, Civil Lines, Above Andhra Bank PRAYAGRAJ, UTTAR PRADESH Pincode211001 Phone18001036369
View All Branches

Shriram FD Customer Care in Prayagraj

For any queries or support related to your fixed deposit account, our Fixed Deposit Customer Care team is here to assist you. You can reach us by phone for prompt help with your investments. Below are the customer care contact numbers

Toll Free

Shriram FD Status in Prayagraj

You can manage your Fixed deposit in Prayagraj more efficiently by signing in through the online portal or calling customer care. These tools offer insights on interest earnings and maturity timelines, which can help you make better choices while keeping you updated on the deposit details.

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Fixed deposit in Indore

Fixed Deposit FAQs

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

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

What is the interest rate on Fixed Deposits in Prayagraj?

The interest rate on FD in Prayagraj 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 Prayagraj?

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

Yes, premature withdrawal of a fixed deposit is permitted in Prayagraj, though it may lead to a lower interest rate due to applicable penalties.

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

Yes, a fixed deposit account can be opened for a minor in Prayagraj through Shriram Finance, provided the guardian's consent is available.

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

Yes, if you withdraw your fixed deposit early in Prayagraj, a penalty may be applied which usually results in a lower interest rate.

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

Yes. To change your nominee in Prayagraj, you need to submit a written request along with the new nominee’s ID documents.

Can I open multiple Fixed Deposits in Prayagraj?

Yes, Prayagraj residents can open more than one fixed deposit either with the same institution or multiple providers.

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

There is no set upper limit for fixed deposit investment in Prayagraj, unless stated under a specific plan by the provider.

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

Yes, you can open a fixed deposit account in a joint name in Prayagraj, subject to the institutions rules.

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

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 Prayagraj?

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 Prayagraj?

Yes, in Prayagraj, FD interest rates differ by tenure, with varying rates offered for short and long-term deposits.

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

To close your Shriram Fixed Deposit in Prayagraj before maturity, you need to submit the FD receipt, Rs.1 revenue stamp, a request letter, and a cancelled cheque. RBI rules disallow closure within three months unless it's due to 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.