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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 Srinagar

Planning your finances with care can make a meaningful difference, especially when you have clear goals in mind. A Fixed Deposit in Srinagar offers a straightforward way to set money aside and earn interest over a fixed period. In this guide, you will find all the essential details about starting an FD in Srinagar with Shriram Finance. From selecting the right deposit term to understanding how interest is paid out, the guide walks you through each step. Whether you're saving for the near future or thinking long-term, this information can help you make confident and informed financial decisions.

Types of Fixed Deposits

Assess these fixed deposit varieties to advance your financial targets

interest rates

Cumulative Fixed Deposit

This saving approach doesn't provide periodic interest payments. Rather, the interest accrued is added to your principal amount. This creates a compounding effect, enabling your money to increase more quickly over time. Interest is calculated on both your initial deposit and previously earned interest. When it matures, you collect the total amount - your original deposit plus all interest accumulated. Cumulative FDs are suitable for those wanting long-term growth without needing regular income, as they leverage compound interest to improve returns.

achievement

Non-Cumulative Fixed Deposit

With this alternative, you receive interest at set intervals, giving you a consistent income flow. Your earnings are determined using simple interest methods and can be disbursed monthly, quarterly, or annually. This choice provides steady returns and better liquidity compared to cumulative deposits, making it good for covering 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

A complete evaluation of fixed deposit traits and advantages is necessary to design workable investment tactics. The fundamental properties of FD encompass

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 Srinagar

FD rates in Srinagar vary according to the bank and investment timeframe. Every bank provides distinctive interest rates, so it's beneficial to compare alternatives. Whether you seek periodic income or wish to increase your savings over time, choosing a fixed deposit that suits your financial strategy can contribute to enhanced financial planning. Always verify that your deposit choice matches your financial needs for more effective money management. Think about aspects like auto-renewal options and nomination provisions. 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 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 %

loangraph

Deposit

Invested Amount

₹ 50,000

Shriram Fixed Deposit Eligibility Criteria in Srinagar

Shriram Finance has set precise eligibility conditions for intending fixed deposit account holders in Srinagar. The categories eligible to undertake fixed deposit investments in Srinagar involve.

    • 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 Srinagar

Shriram Finance supplies Shriram Unnati Fixed Deposit in Srinagar, which may be arranged online or through a branch. It affords adaptable periods and a proper interest rate. Prepare your documents for a trouble-free application. Consider the steps below to begin a Shriram Unnati Fixed Deposit using their website.

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 Srinagar?

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

Shriram Finance features FD branches in Srinagar for managing or opening fixed deposits. Qualified experts guide you through account formation, renewals, and numerous queries. Calling at a branch helps in picking a fixed deposit that corresponds to your financial aim.

Shrinagar

  • Chinar Heights, Third Floor, Airport Road, Baghat Barzulla, Above Axis Bank & RED FM, Post Office - Srinagar SRINAGAR,JAMMU AND KASHMIR Pincode: 190005 Phone:18001034959

Baramulla

  • 1st Floor, Sultana Market, Kanispora chowk, National Highway No. 1, Teh. Baramulla BARAMULLA,JAMMU AND KASHMIR Pincode: 193103 Phone:18001036369

Doda

  • 1st Floor, Mintoo Complex, Main Chowk, Bharath Road DODA,JAMMU AND KASHMIR Pincode: 182202 Phone:18001036369
View All Branches

Shriram FD Customer Care in Srinagar

If you seek answers about your fixed deposit account, you can approach the Fixed Deposit Customer Assistance team in Srinagar. They can furnish aid. Customer assistance contact details are presented below for easy consultation.

Toll Free

Shriram FD Status in Srinagar

Managing your fixed deposit in Srinagar is straightforward with access to the online portal or customer care. These services help you review interest payments and maturity updates, making it simple to keep an eye on your deposit’s progress.

Fixed Deposit in Major Cities in India

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

Fixed Deposit FAQs

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

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

The interest rate on FD in Srinagar 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 Srinagar?

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

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

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

Yes, opening a fixed deposit account for a minor in Srinagar 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 Srinagar usually incurs a penalty, often leading to a lower interest rate on the deposit.

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

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

Can I open multiple Fixed Deposits in Srinagar?

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

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

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

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

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

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

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 Srinagar?

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 Srinagar?

Yes, in Srinagar, 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 Srinagar?

To close your Shriram Fixed Deposit early in Srinagar, 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.