Fixed Deposit Interest Rates
Fixed Deposit interest rates play a crucial role in determining the returns on your investment, making them an essential factor to consider when planning your financial future. Whether you're a seasoned investor or just beginning to explore your options, understanding how these rates work can help you maximize your earnings. With the stability and predictable returns that Fixed Deposits offer, securing a competitive interest rate ensures that your savings grow steadily over time.
Shriram Finance offers one of the highest fixed deposit interest rates to help you grow your investment securely. Get up to 8.15%* p.a. on your Shriram FD, (including an additional benefit of 0.50%* p.a. for senior citizens and 0.05%* p.a. for women depositors) - Choose from a variety of tenures, pay out frequency, and preferred investment amount to suit your financial goals.
Note: The additional benefits of senior citizen, renewal and women is not applicable for bulk deposits.
- Additional interest given below are applicable for all the above categories.
- Additional interest of 0.50%* p.a. will be paid for Senior citizen (Completed age 60 years on the date of deposit/renewal)
- Additional interest of 0.15%* p.a. will be paid on all renewals, where the deposit is matured.
- Additional interest of 0.05%* p.a. will be paid to Women Depositors.
The above additional interest rates will be applied on the yearly rate, which will be factored correspondingly into the calculation of interest rates for periods shorter than a year, including monthly, quarterly, and half-yearly rates.
Note: Interest rates are subject to change and the rate applicable will be the rate prevalent on the date of deposit / renewal.
Quick Facts
Fixed Deposit (FD) interest rates are a crucial factor to consider when investing in a secure and reliable savings option. The table below outlines the current and up-to-date Shriram FD interest rates interest offered on Fixed Deposits across various investment tenures, helping you make an informed decision, making it easy for you to compare and choose the best option for your investment goals.
Shriram Finance has revised its interest rates for all fixed deposits (w.e.f 5th August 2025), incl. FD rates for senior citizens and women.
The new FD rates are given below:
Shriram Unnati Fixed Deposit Interest Rate for Cumulative Fixed Deposit Scheme below 10 Cr (w.e.f 5th August 2025)
-
Period
(Months)- 12
- 15 (DIGITAL ONLY)
- 18-23
- 24-35
- 36-60
-
At Maturity % p.a.
- 7.00
- 7.25
- 7.15
- 7.25
- 7.60
Note: Interest rates are subject to change and the rate applicable will be the rate prevalent on the date of deposit / renewal.
Shriram Unnati Fixed Deposit Interest Rate for Non Cumulative Fixed Deposit Scheme below 10 Cr (w.e.f 5th August 2025)
-
Period
(Months)- 12
- 15 (DIGITAL ONLY)
- 18-23
- 24-35
- 36-60
-
Monthly % p.a.
- 6.79
- 7.02
- 6.93
- 7.02
- 7.35
-
Quarterly % p.a.
- 6.82
- 7.06
- 6.97
- 7.06
- 7.39
-
Half-Yearly % p.a.
- 6.88
- 7.12
- 7.03
- 7.12
- 7.46
-
Yearly % p.a.
- 7.00
- 7.25
- 7.15
- 7.25
- 7.60
Note: Interest rates are subject to change and the rate applicable will be the rate prevalent on the date of deposit / renewal.
Interest Rates on Fresh Deposits / Renewals for Non - Resident Individual Upto Rs. 10 Crore (w.e.f 5th August 2025)
-
Non Cumulative Deposits
-
Period
(Months)- 12
- 18-23
- 24-35
- 36
-
Monthly
% p.a.- 6.79
- 6.93
- 7.02
- 7.35
-
Quarterly
% p.a.- 6.82
- 6.97
- 7.06
- 7.39
-
Half-Yearly
% p.a.- 6.88
- 7.03
- 7.12
- 7.46
-
Yearly
% p.a.- 7.00
- 7.15
- 7.25
- 7.60
-
-
Cumulative Deposit
-
At Maturity % p.a.
- 7.00
- 7.15
- 7.25
- 7.60
-
- Interest rates are rounded off to two decimal places.
- Additional interest rate of 0.50%* p.a. will be paid for Senior citizen (Completed age 60 years on the date of deposit/renewal).
- Additional interest rate of 0.15%* p.a. will be paid on all renewals, where the deposit is matured.
- Additional interest rate of 0.05%* p.a. will be paid to Women Depositors.
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.
Interest Rates on Fresh Deposits / Renewals for Non- Resident Individual above Rs. 10 Crore (w.e.f 5th August 2025)
-
Non Cumulative Deposits
-
Period
(Months)- 12
- 18-23
- 24-35
- 36
-
Monthly
% p.a.- 6.88
- 7.02
- 7.11
- 7.44
-
Quarterly
% p.a.- 6.92
- 7.06
- 7.16
- 7.49
-
Half-Yearly
% p.a.- 6.98
- 7.12
- 7.22
- 7.56
-
Yearly
% p.a.- 7.10
- 7.25
- 7.35
- 7.70
-
-
Cumulative Deposit
-
At Maturity % p.a.
- 7.10
- 7.25
- 7.35
- 7.70
-
- Interest rates are rounded off to two decimal places.
- Additional Interest rates for Senior Citizen, Women and Renewal are not applicable.
Deposit Normal Scheme for Investment Above Rs.10 Crore - Resident Individual (w.e.f 5th August 2025)
-
Non Cumulative Deposits
-
Period
(Months)- 12
- 15
- 18-23
- 24-35
- 36-60
-
Monthly
% p.a.- 6.88
- 7.02
- 7.02
- 7.11
- 7.44
-
Quarterly
% p.a.- 6.92
- 7.06
- 7.06
- 7.16
- 7.49
-
Half-Yearly
% p.a.- 6.98
- 7.12
- 7.12
- 7.22
- 7.56
-
Yearly
% p.a.- 7.10
- 7.25
- 7.25
- 7.35
- 7.70
-
-
Cumulative Deposit
-
At Maturity % p.a.
- 7.10
- 7.25
- 7.25
- 7.35
- 7.70
-
- Interest rates are rounded off to two decimal places.
- Additional Interest rates for Senior Citizen, Women and Renewal are not applicable.
Deposit Normal Scheme for Investment Above Rs.10 Crore - Non- Individual (w.e.f 5th August 2025)
-
Non Cumulative Deposits
-
Period
(Months)- 12
- 15
- 18-23
- 24-35
- 36-60
-
Monthly
% p.a.- 6.79
- 7.02
- 6.93
- 7.02
- 7.35
-
Quarterly
% p.a.- 6.82
- 7.06
- 6.97
- 7.06
- 7.39
-
Half-Yearly
% p.a.- 6.88
- 7.12
- 7.03
- 7.12
- 7.46
-
Yearly
% p.a.- 7.00
- 7.25
- 7.15
- 7.25
- 7.60
-
-
Cumulative Deposit
-
At Maturity % p.a.
- 7.00
- 7.25
- 7.15
- 7.25
- 7.60
-
- Interest rates are rounded off to two decimal places.
Cumulative and Non-Cumulative Fixed Deposit Interest Rates
A cumulative FD interest rateis one in which the accrued interest amount is disbursed along with the principal amount at the time of maturity, whereas a non-cumulative FD interest rate is one in which the accrued interest amount is disbursed as payouts on regular intervals like monthly, quarterly, half-yearly or yearly, depending upon your convenience and requirement.
A cumulative Fixed Deposit (FD) scheme is an attractive investment option for individuals seeking to grow their savings over time without the need for regular interest payouts. In this scheme, the interest earned on the principal amount is not paid out periodically but instead is reinvested, allowing the interest to compound over the deposit tenure. This compounding effect results in higher returns at maturity compared to non-cumulative FDs. Ideal for long-term financial goals, a cumulative FD provides investors with the benefit of disciplined savings while maximizing returns through the power of compounding, making it a popular choice for those aiming to build substantial wealth over time.
Below is a detailed comparison between cumulative fixed deposit interest rate and non-cumulative fixed deposit scheme interest rates:
-
Feature
- Interest Compounding
- Interest Payment
- Suitable For
- Investment Horizon
- Tax Implications
-
Cumulative FD Interest Rates
- Cumulative FD Interest Rate is compounded over the investment period.
- Paid along with the principal at maturity.
- Investors with long-term savings goals who do not need regular income.
- Ideal for long-term investors.
- Interest is taxable at maturity.
-
Non-Cumulative FD Interest Rates
- Non-Cumulative FD Interest Rate is not compounded; the interest is paid at regular intervals.
- Paid monthly, quarterly, half-yearly, or yearly.
- Investors needing regular income.
- Suitable for medium to long-term investments.
- Interest is taxable at the time of payout.
Why Choose Shriram Finance for FD?
Investments made in fixed deposits are secure as they are unaffected by market fluctuations. They are risk-free and considered one of the safest investment options.
To enjoy one of the highest FD interest rate benefits, you should thoroughly compare interest rates on fixed deposits offered by different financial institutions. Shriram Finance FD interest rates are slightly higher than other NBFC FD rates. Some reasons why you should invest in Shriram Finance fixed deposit are as follows:
Higher Interest Rate
Shriram Finance offers one of the maximum interest rates on FD of up to 8.15%* p.a., which includes benefits of 0.50%* p.a. for senior citizens and 0.05%* p.a. for women depositors, yielding one of the highest returns on FD.
Flexible tenure
Choose from investment periods ranging from 12 to 60 months.
Safe & Secure
Rated "CARE AAA; STABLE" By CARE Ratings Limited, "Crisil AA+/Watch Positive" by CRISIL Ratings Limited, and "[ICRA]AA+; Watch Positive" by ICRA."
Low Minimum Investment
Start building your wealth with a minimum deposit amount of ₹ 5,000.
Compounding Benefits
Reap the rewards of compound interest as your investment multiplies faster.
Quick Application Process
Simple online FD application process with reduced documentation.
Fixed Deposit Interest Calculator
A Fixed Deposit Interest Calculator is designed to simplify your financial planning, providing precise interest projections based on your deposit amount, tenure, and rates. With just a few inputs, it shows how your investment will grow over time, making it easier to plan for future goals.
Our FD interest calculator offers a detailed breakdown of your total earnings and the Fixed Deposit Rate of Return, helping you understand the impact of different FD interest payout options on your final amount at maturity. Use our FD calculator to determine monthly interest and plan your investments effectively.
Fixed Deposit FAQs
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. 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.