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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 Surat

In a city like Surat, where people value both growth and stability, planning your savings wisely becomes important. A Fixed Deposit in Surat can help you achieve your financial goals through a reliable saving method with fixed returns. This guide will take you through the key aspects of opening an FD in Surat with Shriram Finance. It includes useful details such as available tenures, interest payout options, and practical tips to help you choose a plan that suits your needs. Whether you're saving for a personal goal or building a long-term fund, this guide is here to support your financial journey with clarity and confidence.

Types of Fixed Deposits

Study these fixed deposit options to support your financial aims

interest rates

Cumulative Fixed Deposit

This investment strategy doesn't give periodic interest payments. Instead, the interest earned is added to your principal amount. This creates a compounding effect, allowing your money to grow more efficiently over time. Interest accumulates on both your initial deposit and previously gained interest. At maturity, you receive the entire sum - your original deposit plus all interest earned. Cumulative FDs are beneficial for those seeking long-term growth without requiring regular income, as they utilise compound interest to enhance returns.

achievement

Non-Cumulative Fixed Deposit

With this choice, you receive interest at regular intervals, providing a steady income stream. Your earnings are worked out using simple interest calculations and can be paid monthly, quarterly, or yearly. This option delivers dependable returns and better access to your funds compared to cumulative deposits, making it suitable for managing everyday 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.

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

Appropriate study of fixed deposit components and benefits is significant in shaping practical investment schemes. The core elements of FD contain

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

Shriram Fixed Deposit Interest Rates in Surat

FD rates in Surat differ depending on the bank and deposit duration. Each financial institution offers its particular set of interest rates, making it worthwhile to compare offerings. Whether you require a steady income or want to grow your savings over time, selecting a fixed deposit that fits your financial plan can help with better financial planning. Always ensure your deposit selection corresponds with your financial requirements for more efficient resource allocation. Look at features like auto-renewal choices and nomination arrangements. 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 Surat

Shriram Finance has specified detailed eligibility factors for prospective fixed deposit clients in Surat. The groups permitted to establish fixed deposit investments in Surat contain

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

How to Invest in Fixed Deposit with Shriram in Surat

Shriram Finance delivers the Shriram Unnati Fixed Deposit in Surat, obtainable via internet or at a branch office. It extends flexible timeframes and appropriate interest rates. Arrange your paperwork in advance for an uncomplicated experience. Utilise the guidelines below to set up a Shriram Unnati Fixed Deposit digitally.

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 Surat?

Once your deposit period concludes, you can decide to renew your Shriram FD in Surat and maintain your fixed deposit advantages. Renewal is feasible digitally through the website or mobile application or at a local branch. Utilise the guidelines below 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 Surat

Shriram Finance operates FD branches in Surat for handling or opening fixed deposits. Capable consultants assist you with account origination, renewals, and multiple questions. Visiting a branch aids in discovering a fixed deposit that complements your financial plans.

Surat - I

  • No407, 4th Floor, Proton Plaza, L P Sarani Road, Adajan SURAT,GUJARAT Pincode 395009 Phone18001034959

Surat - II

  • Unit No902 To 904, 9th Floor, "Titanium Square", Opposite Western Corridor, Adajan Gam Char, Adajan SURAT,GUJARAT Pincode 395009 Phone18001034959

Surat

  • 301, 310, 3rd Floor, 21st Century Business Center, Near World Trade Center, Ring Road SURAT,GUJARAT Pincode 395002 Phone18001034959
View All Branches

Shriram FD Customer Care in Surat

When you have queries regarding your fixed deposit account, you can liaise with the Fixed Deposit Customer Help team in Surat. They are at your disposal to extend support. The customer help contact information is outlined below for your quick reference.

Toll Free

Shriram FD Status in Surat

You can follow up on your fixed deposit in Surat by using the online portal or speaking with customer care. These resources allow you to check interest and maturity details, supporting regular monitoring and easier financial planning.

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 Surat?

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

What is the interest rate on Fixed Deposits in Surat?

The interest rate on FD in Surat 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 Surat?

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

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

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

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

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

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

Can I open multiple Fixed Deposits in Surat?

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

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

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

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

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

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

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 Surat?

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 Surat?

Yes, in Surat, 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 Surat?

To close your Shriram Fixed Deposit early in Surat, 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.