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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 Tenali

Tenali features numerous investment possibilities that can strengthen your financial position. Among these alternatives, a Fixed Deposit in Tenali distinguishes itself through dependability and ability to generate steady income. This detailed overview provides crucial details about FD in Tenali, encompassing benefits, current interest yields, and actionable suggestions for choosing the suitable fixed deposit arrangement that matches your fiscal intentions. By grasping these critical components, you can implement strategic decisions to enhance your funds and create financial security in this vibrant 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 structure where interest earned isn't distributed periodically but rather reinvested with the principal amount. This compounding process increases the overall yield, as interest grows on the expanding principal. At conclusion, investors collect a comprehensive sum comprising both the initial deposit and accumulated interest. Cumulative FDs are appropriate for those pursuing long-term growth without requiring regular income, employing compounding to enhance returns.

achievement

Non-Cumulative Fixed Deposit

A Non-Cumulative Fixed Deposit delivers interest at defined intervals, offering a steady income stream. It's ideal for individuals needing regular disbursements. Interest is determined using simple interest methodology and can be issued monthly, quarterly, or annually. This choice delivers predictable yields and greater liquidity compared to cumulative FDs, making it suitable for addressing 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

Understanding the fixed deposit features and benefits is essential for making informed investment decisions. 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 Tenali

The FD rates in Tenali show notable variation across different financial establishments. Investors should carefully evaluate options to maximise their earnings. Key determinants of interest yields include the selected time period and the specific bank or institution offering the investment product. 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 Tenali

Before investing in a fixed deposit in Tenali, applicants need to satisfy specific eligibility conditions. These are the categories of investors eligible for opening fixed deposits with Shriram Finance in Tenali.

    • 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 Tenali

Shriram Finance provides attractive interest rates and flexible tenures on its Shriram Unnati Fixed Deposit. You can establish a fixed deposit account via our online services or by personally visiting a Tenali branch to complete your application. Keep all essential documents ready for an efficient registration experience. The standard procedure for online FD investment in Tenali generally 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 Tenali?

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

Shriram Finance has established FD branches in Tenali to fulfil your fixed deposit aspirations. These strategic locations feature skilled financial consultants who offer personalised guidance on how to open fixed deposit or administer existing Unnati Fixed Deposit Scheme accounts. Below is the list of Shriram Finance branches in Tenali.

Tenali

  • Do. No. 7-13-1/2,II nd Floor, Nandini Complex, Gopalareddy Street,Ganganammapet TENALI,ANDHRA PRADESH Pincode: 522201 Phone:18001034959

Tenali - I

  • D.No. 02-20-21, 2nd Floor, Nehru Road, Ganganamapet TENALI,ANDHRA PRADESH Pincode: 522201 Phone:18001034959

Ananthpur - III

  • 13/17B & 18B,Vishnupriya Complex, 1st Floor, Subhash Road ANANTHAPURAMU,ANDHRA PRADESH Pincode: 515001 Phone:18001036369
View All Branches

Shriram FD Customer Care in Tenali

For inquiries or help concerning your fixed deposit account, our Fixed Deposit Customer Care experts stand prepared to support you. Reach our team via phone for quick assistance regarding your investments. Our customer support contact numbers are readily accessible when needed.

Toll Free

Shriram FD Status in Tenali

For checking your Shriram Fixed Deposit status in Tenali, access our user-friendly digital services or connect with our responsive support representatives. Keeping tabs on your FD status ensures you're always aware of approaching maturity timeframes and accumulated interest benefits.

Fixed Deposit in Major Cities in India

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Fixed deposit in pune
Fixed deposit in Indore

Fixed Deposit FAQs

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

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

The interest rate on FD in Tenali 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 Tenali?

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

Yes, premature withdrawal of a fixed deposit is available in Tenali; however, this option may involve certain penalties or interest rate reductions. It is advisable to examine the particular conditions before making your decision.

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

Yes, you can create a fixed deposit account in a minor's name in Tenali through Shriram Fixed Deposit with appropriate guardian consent.

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

Yes, early termination of a fixed deposit typically attracts a penalty. This generally manifests as a reduction in the interest rate that would otherwise apply to your deposit.

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

Yes, you can update the nominee for your FD account in Tenali. This typically requires submitting a specified form along with valid identification information of your new nominee.

Can I open multiple Fixed Deposits in Tenali?

Yes, you can establish numerous fixed deposits in Tenali across different financial institutions or within a single banking entity.

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

Generally, there is no maximum investment threshold; however, individual financial institutions may implement certain schemes with specific upper limits.

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

Yes, you can initiate a fixed deposit using a joint account in Tenali, provided you comply with the financial institution's specific terms and conditions.

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

Yes, many financial organisations offer preferential fixed deposit interest rates for senior citizens compared to regular deposits. Specifically, Shriram Finance offers 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 Tenali?

Shriram Finance extends a preferential interest rate of 0.50%* p.a. additional for senior citizens over what regular depositors receive.

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

Yes, FD interest rates differ based on tenure selection. Generally, longer duration commitments tend to offer higher interest rates compared to shorter periods due to the extended financial commitment from the depositor.

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

To close a Shriram FD before maturity, submit the original deposit receipt affixed with a Rs.1 revenue stamp, accompanied by a formal request letter and a cancelled cheque. According to RBI guidelines, a deposit cannot be closed before three months from the deposit/renewal date except in cases of depositor 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.