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 Solan

Fixed deposits remain a preferred savings option in Solan, especially among those who value stability and predictable returns. Many choose this route to avoid the risks associated with market-linked investments while still growing their money over time. Shriram Finance offers fixed deposit schemes with a low minimum investment of Rs.5000. You can open a Fixed Deposit in Solan with us and enjoy competitive interest rates. The application process is simple, and the documentation required is minimal. Shriram Fixed Deposit ensures your savings stay on track. If you're exploring an FD in Solan, this is a practical way to begin. Start your investment with Shriram Finance and take a step towards secure savings today.

Types of Fixed Deposits

Following are the various forms of FDs to achieve your financial goals

interest rates

Cumulative Fixed Deposit

In a Cumulative Fixed Deposit, the interest is not paid out at scheduled intervals but rather combined with the principal amount. This reinvestment enables the deposit to expand through compound interest. Upon term completion, the entire payout includes both the principal and earned interest. Cumulative FDs are perfect for those not requiring regular income who wish to grow their savings through compounding.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit releases interest at regular periods, creating a steady revenue stream. It's ideal for individuals who prefer routine payments. The interest is worked out on a simple interest basis and is payable monthly, quarterly or yearly. This format ensures predictable yields and greater liquidity than cumulative FDs, aiding with recurring financial requirements.

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
  • Fixed Deposit for Children
  • FD for Wedding Expenses
  • 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

Understanding the fixed deposit features and benefits is vital when planning your investments. Here are the key features and benefits associated with an FD

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

Shriram Fixed Deposit Interest Rates in Solan

The FD rates in Solan can fluctuate across banking and financial organisations. Comparing these is vital to optimise your investment. Interest rates generally relate to the deposit timeframe and the institution providing 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

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 Solan

To start a fixed deposit account in Solan, you need to fulfil particular fixed deposit eligibility criteria. These are the standard requirements typically needed for an FD

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

How to Invest in Fixed Deposit with Shriram in Solan

Shriram Finance provides competitive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. Your FD account can be opened online or by visiting a branch. Ensuring your documents are complete will help avoid unnecessary delays. The typical online FD investment process follows 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 Solan?

At the end of your FD term, you may consider renew your Shriram FD in Solan for ongoing advantages. You can visit our website, mobile application or branches to extend your fixed deposit. The standard online FD renewal process includes

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 Solan

Shriram Finance has dedicated FD branches in Solan to support you with fixed deposit services. Our staff members are adequately trained to assist you on how to open fixed deposit accounts or maintain your current Unnati Fixed Deposit Scheme accounts. The branch directory is listed below

Solan

  • Thakur Complex, Opposite Railway Crossing SOLAN, HIMACHAL PRADESH Pincode173213 Phone18001034959

Solan - I

  • First Floor, Sanjay House, Auja, Saproon SOLAN, HIMACHAL PRADESH Pincode173211 Phone18001034959

Darlaghat

  • Gautam Bhawan, Ward No. 10, Opposite Jalpa Mata Mandir, Darlaghat SOLAN, HIMACHAL PRADESH Pincode171102 Phone18001036369
View All Branches

Shriram FD Customer Care in Solan

If you experience any issues or have enquiries about your fixed deposit, please reach out to our Fixed Deposit Customer Care team. They are accessible by phone to resolve your investment-related matters. Our contact numbers are listed here

Toll Free

Shriram FD Status in Solan

To review your Shriram Fixed Deposit status in Solan, you may access our digital platform or communicate with customer care. Keeping track of your FD maturity and interest information is highly important.

Fixed Deposit in Major Cities in India

Fixed deposit in Mumbai
Fixed deposit in pune
Fixed deposit in Indore

Fixed Deposit FAQs

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

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

What is the interest rate on Fixed Deposits in solan?

The interest rate on FD in solan 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 solan?

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

Yes, premature withdrawal of fixed deposits is allowed in Solan; However, this option comes with penalties, or a lower interest rate as specified in the terms of the FD.

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

Yes, you can open a fixed deposit account in the name of a minor with a guardian's consent with Shriram Fixed Deposit.

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

Yes, there is usually a penalty for premature withdrawal of a fixed deposit. This penalty often involves a reduction in interest rates applicable to the deposit.

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

Yes, you can change the nominee for your FD account in solan. This process typically requires submitting a request form along with valid identification details of the new nominee.

Can I open multiple Fixed Deposits in solan?

Yes, you can open multiple fixed deposits in solan across different financial institutions or within the same financial institution.

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

Generally, there is no upper limit; however, some financial institutions may have specific schemes with defined limits.

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

Yes, opening a fixed deposit in a joint account in Solan is permissible, provided all parties meet the provider's terms and conditions.

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

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 solan?

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 solan?

Yes, FD interest rates can differ based on tenure. Typically, longer tenures may offer higher interest rates compared to shorter ones due to the extended commitment from the depositor.

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

To close a Shriram FD prematurely, submit the original deposit receipt with a Rs.1 revenue stamp, a request letter, and a cancelled cheque. According to the direction of the RBI, a deposit receipt cannot be prematurely closed before three months from the date of deposit/renewal except in case of death of the depositor.

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.