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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 Sagar

Sagar's prominence as a cultural and economic centre in Madhya Pradesh offers favourable conditions for financial growth. A Fixed Deposit in Sagar presents residents with a methodical approach to savings, uniting capital preservation with income potential. The FD in Sagar provides transparent structures that assist investors in planning with precision. This comprehensive handbook supplies fundamental information about fixed deposits, from ongoing rates to accessibility features, enabling you to craft decisions that support both immediate financial needs and long-term objectives in this historic city.

Types of Fixed Deposits

Following are the diverse forms of FDs to support your financial ambitions.

interest rates

Cumulative Fixed Deposit

A Cumulative Fixed Deposit is an investment format where interest generated isn't disbursed periodically but instead integrated with the principal amount. This compounding technique enhances the overall yield, as interest grows on the increasing principal. At conclusion, investors collect a total sum comprising both the original investment and accumulated interest. Cumulative FDs are appropriate for those pursuing long-term growth without needing regular income, employing compounding to boost returns.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit provides interest at specified intervals, creating a regular income flow. It's ideally suited for individuals requiring periodic payouts. Interest calculations follow simple interest methodology and can be distributed monthly, quarterly, or annually. This option offers steady returns and greater liquidity compared to cumulative FDs, making it appropriate for managing recurring 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.

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

Considering fixed deposit investments in Sagar? Take note of these fundamental features and benefits of FD:

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 Sagar

The FD rates in Sagar reveal meaningful differences across the spectrum of financial establishments. Investors should carefully evaluate available choices to optimise their investment gains. Essential factors influencing interest returns include the preferred time horizon and the specific organisation providing the deposit product. 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 Sagar

To open a fixed deposit in Sagar, potential investors must comply with defined eligibility standards. These investor types are permitted to create fixed deposits with Shriram Finance in Sagar.

    • 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 Sagar

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Residents of Sagar can open a fixed deposit account either via Shriram Finance's online services or by physically visiting a Sagar branch to file their application. Be sure to prepare all essential paperwork in advance for efficient processing. The standard online FD registration process in Sagar usually involves the following sequence.

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 Sagar?

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

To serve your fixed deposit needs, Shriram Finance has established FD branches in Sagar. These strategically located offices houses proficient financial consultants who provide tailored guidance on how to open fixed deposit or maintain ongoing Unnati Fixed Deposit Scheme arrangements. Below are the Shriram Finance branches in Sagar

Deori

  • 1st Floor, H.No.-196, Jhunku Ward, Near Kachehri Tira, Deori SAGAR,MADHYA PRADESH Pincode: 470226 Phone:18001036369

Bina

  • 2nd Floor, Achwal Ward Station Road, Above Equitas Bank, Bina, Bina Etawa SAGAR,MADHYA PRADESH Pincode: 470113 Phone:18001036369

Banda (MP)

  • Ground Floor, Near Mahaveer Hotel, Behind Ambedkar Murti, Banda, Belai SAGAR,MADHYA PRADESH Pincode: 470335 Phone:18001036369
View All Branches

Shriram FD Customer Care in Sagar

For any queries or assistance regarding your fixed deposit account, our Fixed Deposit Customer Care team is fully equipped to help. Get in touch with our experts by phone for immediate support about your investments. Our customer care numbers are easily accessible when guidance is needed.

Toll Free

Shriram FD Status in Sagar

To check your Shriram Fixed Deposit status in Sagar, navigate our simple digital services or get in touch with our efficient support representatives. Regular monitoring of your FD status keeps you informed about approaching maturity dates and growing interest benefits.

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Fixed Deposit FAQs

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

The minimum deposit amount for a fixed deposit in Sagar 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 Sagar?

The interest rate on FD in Sagar 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 Sagar?

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

Yes, customers can access premature withdrawal of their fixed deposit in Sagar; however, this option generally involves certain penalties or interest reductions. We suggest examining the specific conditions thoroughly before proceeding.

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

Yes, you can establish a fixed deposit account for a minor in Sagar through Shriram Fixed Deposit when appropriate guardian consent is provided.

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

Yes, closing a fixed deposit before its scheduled maturity typically results in a penalty. This usually appears as a lower interest rate applied to your deposit amount.

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

Yes, modifying the nominee for your FD account in Sagar is possible. The process normally requires submitting a designated form along with valid identification documents of your new nominee.

Can I open multiple Fixed Deposits in Sagar?

Yes, you're permitted to create several fixed deposits in Sagar across various financial institutions or within the same banking entity.

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

Typically, no maximum investment threshold exists; however, individual financial institutions may implement certain schemes with specific upper limits.

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

Yes, initiating a fixed deposit through a joint account in Sagar is allowed, provided you adhere to the financial institution's specific terms and conditions.

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

Yes, many financial organisations offer advantageous fixed deposit interest rates for senior citizens compared to standard deposits. Particularly, 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 Sagar?

Shriram Finance extends a preferential interest rate that is 0.50%* p.a. higher for senior citizens compared to regular depositors.

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

Yes, FD interest rates vary according to the chosen tenure. Generally, longer duration commitments offer higher interest rates than shorter periods due to the extended financial commitment from the depositor.

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

To terminate a Shriram FD before maturity, you must submit the original deposit receipt with a Rs.1 revenue stamp affixed, accompanied by a formal request letter and a cancelled cheque. According to RBI guidelines, a deposit cannot be closed before three months from the deposit/renewal date 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.