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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 Siddipet

Siddipet's emergence as an economic hub presents excellent opportunities for financial planning. A Fixed Deposit in Siddipet offers residents a reliable strategy for wealth creation, combining stability with attractive returns. The FD in Siddipet features transparent frameworks that allow investors to plan with certainty. This comprehensive guide covers crucial information about fixed deposits, from interest rates to accessibility options, enabling you to make informed decisions that address both immediate requirements and future financial goals in this prosperous town.

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 framework where earned interest is not paid out periodically but instead added back to the principal amount. This compounding mechanism enhances the overall yield, as interest accrues on the growing principal. Upon maturity, investors receive a consolidated amount comprising both the original deposit and accumulated interest. Cumulative FDs are suitable for individuals seeking long-term capital appreciation without requiring regular income flows, utilising the compounding effect to maximise returns.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit provides interest at specified intervals, delivering a regular income stream. It's perfectly suited for individuals requiring periodic disbursements. Interest calculations use simple interest methodology with options for monthly, quarterly, or annual payouts. This option offers predictable returns and greater liquidity compared to cumulative FDs, making it appropriate for addressing recurring 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

Discovering the key advantages of Shriram Finance fixed deposit offerings in Siddipet? Here are the primary features and benefits of FD

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 Siddipet

The FD rates in Siddipet demonstrate significant differences among various financial organisations. Investors should thoroughly compare choices to optimise their returns. Major factors influencing interest yields include the chosen investment duration and the particular financial institution providing the deposit scheme. 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 Siddipet

To qualify for a fixed deposit in Siddipet, prospective investors must meet certain eligibility requirements. The following categories of investors can open fixed deposits with Shriram Finance in Siddipet.

    • 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 Siddipet

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Opening a Fixed Deposit account in Siddipet can be accomplished through Shriram Finance's digital services or by visiting any Siddipet branch in person to submit your application. Ensure you have all necessary documentation ready beforehand for a smooth registration process. When investing in an FD online in Siddipet, customers typically follow these steps.

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 Siddipet?

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

Shriram Finance has established FD branches in Siddipet to fulfil your fixed deposit aspirations. These conveniently located offices are staffed with experienced financial advisors who provide customised assistance on how to open fixed deposit or manage existing Unnati Fixed Deposit Scheme accounts. Below is the list of Shriram Finance branches in Siddipet

Siddipet - I

  • H.No.8-1-66, Ground Floor, Janani Complex, Hyderabad Road SIDDIPET,TELANGANA Pincode: 502103 Phone:18001034959

Siddipet

  • H.No.3-4-59/1, Firdous Plaza, 1st Floor, Sajid pura, Karimnagar Road SIDDIPET,TELANGANA Pincode: 502103 Phone:18001034959

L B Nagar - I

  • Plot No. 23/7, 1st Floor, Saptagiri Nilayam, Dwarakanagar, Saroornagar HYDERABAD,TELANGANA Pincode: 500074 Phone:18001036369
View All Branches

Shriram FD Customer Care in Siddipet

If you have questions or require assistance with your fixed deposit account, our Fixed Deposit Customer Care professionals are ready to provide guidance. Connect with our support team by phone for prompt help regarding your investments. Our dedicated customer service contact numbers are easily available whenever you need support.

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Shriram FD Status in Siddipet

For checking your Shriram Fixed Deposit status in Siddipet, utilise our convenient digital services or reach out to our attentive customer support team. Monitoring your FD status regularly helps you stay informed about upcoming maturity dates and earned interest benefits.

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Fixed Deposit FAQs

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

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

The interest rate on FD in Siddipet 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 Siddipet?

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

Yes, Siddipet customers can withdraw their fixed deposit before maturity; however, this facility may involve certain penalties or interest adjustments. We advise examining the specific conditions carefully before proceeding.

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

Yes, establishing a fixed deposit account on behalf of a minor in Siddipet is available through Shriram Fixed Deposit, provided appropriate guardian consent is furnished.

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

Yes, terminating a fixed deposit ahead of its scheduled maturity typically results in a penalty. This usually manifests as a reduced interest rate applied to your deposit amount.

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

Yes, you have the option to revise the nominee for your FD account in Siddipet. This process generally requires submitting a specific form along with valid identification documentation of your new nominee.

Can I open multiple Fixed Deposits in Siddipet?

Yes, you're permitted to establish multiple fixed deposits in Siddipet across various financial institutions or within the same banking entity.

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

In general, there isn't a maximum investment ceiling; however, individual financial institutions might implement certain schemes with specific upper limits.

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

Yes, initiating a fixed deposit through a joint account in Siddipet is possible, provided you meet the financial institution's particular terms and conditions.

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

Yes, many financial organisations extend special fixed deposit interest rates for senior citizens that are more favorable than standard deposit rates. 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 Siddipet?

Shriram Finance offers a favorable interest rate that is 0.50%* p.a. additional for senior citizens compared to regular depositors.

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

Yes, FD interest rates vary based on the chosen tenure. Generally, deposits with longer durations attract higher interest rates than shorter periods because of the extended financial commitment made by the depositor.

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

To close a Shriram FD before its maturity date, you need to submit the original deposit receipt with a Rs.1 revenue stamp affixed, along with a formal request letter and a cancelled cheque. According to RBI guidelines, a deposit cannot be terminated before three months from the deposit/renewal date except when the depositor is deceased.

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.