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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 Solapur

Thinking of setting money aside for a future goal? A Fixed Deposit in Solapur can offer a simple way to grow your savings over time with steady returns and clear terms. This guide helps you understand how an FD in Solapur with Shriram Finance works—from choosing a suitable deposit duration to selecting your preferred interest payout option. Whether you're saving for education, travel, or long-term plans, fixed deposits allow you to manage your finances with ease. Use this guide to explore the benefits, know what to expect, and take the next step in planning your financial future.

Types of Fixed Deposits

Look at these fixed deposit categories to bolster your financial plans

interest rates

Cumulative Fixed Deposit

This investment method doesn't dispense periodic interest payments. Instead, the interest generated is added to your principal amount. This results in a compounding effect, allowing your capital to grow more rapidly over time. Interest is earned on both your initial deposit and previously accumulated interest. At maturity, you receive the full amount - your original deposit plus all interest earned. Cumulative FDs are ideal for those seeking long-term growth without requiring regular income, as they use compound interest to strengthen returns.

achievement

Non-Cumulative Fixed Deposit

With this selection, you receive interest at regular intervals, providing a steady stream of income. Your earnings are calculated using simple interest formulas and can be paid monthly, quarterly, or yearly. This option offers reliable returns and better access to your funds compared to cumulative deposits, making it appropriate for meeting ongoing financial needs.

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

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

Detailed analysis of fixed deposit aspects and benefits is vital in forming productive investment methods. The principal characteristics of FD involve

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
Cumulative and non-cumulative schemesCumulative and non-cumulative schemes
Static Alt Text
Flexible tenureFlexible tenure
Predictable Return
Predictable returnsPredictable returns
Cumulative
Attractive interest ratesAttractive interest rates
Low Investment
Compounding benefitsCompounding benefits

Shriram Fixed Deposit Interest Rates in Solapur

FD rates in Solapur fluctuate based on the bank and tenure period. Financial institutions each offer their own interest rates, making it valuable to compare possibilities. Whether you need regular income or hope to expand your savings over time, opting for a fixed deposit that harmonises with your financial plan can lead to improved financial planning. Always confirm your deposit selection aligns with your financial requirements for more efficient fund handling. Consider features like auto-renewal systems and nomination facilities. 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 Solapur

Shriram Finance has determined particular eligibility standards for potential fixed deposit investors in Solapur. The groups qualified to make fixed deposit investments in Solapur consist of

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

How to Invest in Fixed Deposit with Shriram in Solapur

Shriram Finance makes available the Shriram Unnati Fixed Deposit in Solapur, accessible either digitally or at a physical location. It gives various durations and reasonable interest rates. Get your paperwork ready for a straightforward procedure. Observe the directions below to initiate a Shriram Unnati Fixed Deposit via their online platform.

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 Solapur?

Upon your deposit's maturity, you get the choice to renew your Shriram FD in Solapur and keep the fixed deposit advantages. Renewal can be done digitally through the website or application, or at a physical branch. Observe the directions below to renew your fixed deposit through their online platform.

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 Solapur

Shriram Finance has FD branches in Solapur for coordinating or opening fixed deposits. Experienced advisors direct you through account initiation, renewals, and several concerns. Stopping at a branch assists in identifying a fixed deposit that aligns with your financial objectives.

Sangole

  • Dnyaneshwar Complex, Miraj Road Near ST stand , Sangole SOLAPUR,MAHARASHTRA Pincode 413307 Phone18001034959

Sholapur

  • 1st Floor, Plot No 35, Nakshatra, A-Wing, Govind Vihar, Near Taklikar Mangal Karyalaya, Majarewadi, Jule SOLAPUR,MAHARASHTRA Pincode 413008 Phone18001034959

Kurduvadi

  • First Floor, Shop No. 104, Kumbhar Complex, above SBI Madha Road, Tal-Madha Kurduvadi SOLAPUR,MAHARASHTRA Pincode 413208 Phone18001036369
View All Branches

Shriram FD Customer Care in Solapur

In case you require information concerning your fixed deposit account, you can get in touch with the Fixed Deposit Client Care team in Solapur. They are on hand to supply guidance. The client care contact specifics are noted below for straightforward reference.

Toll Free

Shriram FD Status in Solapur

For your fixed deposit in Solapur, the online portal and customer care offer easy ways to track your account. You can view interest rates and maturity periods, ensuring you have all the information needed to manage your deposit confidently.

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 Solapur?

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

What is the interest rate on Fixed Deposits in Solapur?

The interest rate on FD in Solapur 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 Solapur?

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

Yes, you can withdraw a fixed deposit before its maturity in Solapur; however, this may involve a penalty, typically resulting in a reduced interest rate.

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

Yes, opening a fixed deposit account for a minor in Solapur is possible with Shriram Finance, provided the guardian consents and submits the necessary documents.

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

Yes, withdrawing a fixed deposit before maturity in Solapur usually incurs a penalty, often leading to a lower interest rate on the deposit.

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

Yes, you can update the nominee for your FD in Solapur by submitting a formal request along with valid identification for the new nominee.

Can I open multiple Fixed Deposits in Solapur?

Yes, you are allowed to open multiple fixed deposits in Solapur, either within the same financial institution or across different ones.

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

Generally, there is no upper limit on the amount you can invest in a fixed deposit in Solapur unless specified by particular schemes.

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

Yes, a fixed deposit can be opened jointly in Solapur, subject to the terms and conditions of the financial institution.

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

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 Solapur?

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 Solapur?

Yes, in Solapur, fixed deposit interest rates may vary based on the chosen tenure, with different durations attracting different rates.

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

To close your Shriram Fixed Deposit early in Solapur, submit the original deposit receipt with a Rs.1 revenue stamp, a request letter, and a cancelled cheque. According to RBI guidelines, premature closure within three months is not permitted unless 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.