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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 Vadodara

Vadodara, a city renowned for its rich cultural heritage and economic vibrancy, presents numerous opportunities to enhance your financial portfolio. Among these, a Fixed Deposit in Vadodara offers a secure and reliable investment option, providing the potential for consistent returns. This guide will furnish you with valuable insights into FD in Vadodara, covering its advantages, current interest rates, and practical advice for selecting a fixed deposit scheme tailored to your individual financial objectives. By understanding these key aspects, you can make strategic choices to grow your savings and build a strong financial foundation in this dynamic city.

Types of Fixed Deposits

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

interest rates

Cumulative Fixed Deposit

A Cumulative Fixed Deposit reinvests interest alongside principal, creating compound growth ideal for those seeking maximum returns without needing interim income. This compounding effect increases the overall yield, as interest accrues on the growing principal. At maturity, the investor receives a lump sum comprising both the initial deposit and accumulated interest. Cumulative FDs are ideal for those seeking long-term growth without needing regular income, leveraging compounding to maximise returns.

achievement

Non-Cumulative Fixed Deposit

Non-Cumulative Fixed Deposits deliver periodic interest payments through simple interest calculation, perfect for maintaining cash flow. It's ideal for those needing steady payouts. Interest is calculated using simple interest and can be paid monthly, quarterly, or annually. This option offers predictable returns and better liquidity compared to cumulative FDs, making it suitable for meeting 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

Learning about the fixed deposit features and benefits is essential for making informed investment decisions. Fixed deposit core attributes and benefits essential for investment planning:

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 Vadodara

Vadodara fixed deposit rates differ significantly across banking institutions. Conducting rate comparisons is vital for optimising returns. Key factors affecting rates include investment timeframe and provider type. 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 Vadodara

Before opening a fixed deposit account, you must meet specific fixed deposit eligibility criteria in Vadodara. The eligibility encompasses these categories.

    • 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 Vadodara

Shriram Finance gives attractive interest rates and flexible tenures for its Shriram Unnati Fixed Deposit. To complete your application process, you can open a fixed deposit account online or visit a branch. Just make sure that you have all important documents ready for a smooth experience. Generally, the steps below are the process to invest in FD online.

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 Vadodara?

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

Shriram Finance offers dedicated Vadodara branches staffed with experienced professionals providing expert assistance for opening new fixed deposits or servicing existing Unnati scheme accounts. Below is the list of Shriram Finance branches in Vadodara.

Baroda - II

  • Office No-201, 2nd Floor, Phoenix Avenue, Opposite Indian Petrol Pump, Sama-Savli Road VADODARA,GUJARAT Pincode: 390024 Phone:18001036369

Baroda - I

  • 2nd Floor, Vasu Estate, Above Bank of Baroda, Near Jayambe Petrol Pump, Dabhoi, Waghodiya Ring Road VADODARA,GUJARAT Pincode: 390025 Phone:18001036369

Baroda - III

  • No:402, Afria Tower, No:2, Iscon Heights, Gotri Road, Baroda VADODARA,GUJARAT Pincode: 393002 Phone:18001036369
View All Branches

Shriram FD Customer Care in Vadodara

Our Fixed Deposit Customer Service team stands ready to address any questions or needs regarding your account. For quick investment support, reach us via these telephone numbers.

Toll Free

Shriram FD Status in Vadodara

Monitor your Shriram Fixed Deposit status in Vadodara using our online services or by contacting our support team. Regular status checks help you track maturity dates and earned interest.

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 Vadodara?

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

The interest rate on FD in Vadodara 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 Vadodara?

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

Yes, premature withdrawal of a fixed deposit is allowed in Vadodara; however, it may incur penalties or reduced interest rates. It’s advisable to check the specific terms before proceeding.

Can I open a Fixed Deposit in Vadodara 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 Vadodara?

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

Can I open multiple Fixed Deposits in Vadodara?

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

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

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 Vadodara?

Yes, you can open a fixed deposit account in a joint account in Vadodara subject to the financial institution’s terms and conditions.

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

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 Vadodara?

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 Vadodara?

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 Vadodara?

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.