Fixed Deposit
Secure your future today
Returns as high as
9.40%* p.a.
Fixed Deposit
Secure your future today
Returns as high as
9.40%* p.a.
(Including 0.50%* p.a. for Senior Citizens
and 0.10%* p.a. for Women)
**T&C Apply
Open Fixed Deposit Online
By continuing, you agree to the Terms and Conditions of Shriram Finance and authorize our representatives to Call/Email/SMS/WhatsApp you regarding your application
Fixed Deposit
Did you know that saving is the first step you can take towards investing?
Letting your hard-earned money sit idle in a bank account is not ideal. Invest in a fixed deposit for steady savings, growth and generate inflation-beating returns. Fixed deposits remain the mainstay of India's safest investment options.
Features & Benefits
Trusted by millions of customers, Shriram Fixed Deposit is the safest investment option with attractive interest rates. Rated "[ICRA]AA+ (Stable)" by ICRA and "IND AA+/Stable" by India Ratings and Research.
Higher Interest Rate
Grow your savings with interest rates as high as 9.40%* p.a.
Benefits for Senior Citizens
Senior citizens get an additional 0.50%* p.a.
Special Interest Rates for Women
Women depositors get an additional 0.10%* p.a.
Flexible Tenure
Choose from the flexible investment options starting from 12 to 60 months.
Flexible Payout Options
Choose from flexible interest payout options, i.e., monthly, quarterly, half-yearly, yearly or at maturity.
Guaranteed Returns
Get steady and assured returns irrespective of market fluctuations.
Fixed Deposit Calculator
Check returns on your investment using our FD calculator
Investment Summary
Deposit
Invested Amount
How to Apply?
Applying for Shriram Fixed Deposit online is easy. Book your Shriram Fixed Deposit in four easy steps.
-
Step 01
Register using your mobile number -
Step 02
Enter the investment amount, tenure and PAN details -
Step 03
Complete your payment and proceed to enter your KYC and bank details -
Step 04
Receive fixed deposit acknowledgement and maximise your returns
Eligibility
Who can invest in a Fixed Deposit with us?
Resident Individuals
Interest & Charges
A Fixed Deposit is a safe investment and independent of market fluctuations. Check Shriram Finance Fixed Deposit interest rates and charges.
Interest Rates
-
Interest rates up to
9.40%* p.a.
-
Including 0.50%* p.a. for Senior Citizens
and 0.10%* p.a. for Women
INTEREST RATES-ON FRESH DEPOSITS/RENEWALS ( w.e.f 9th April 2024)
| Period (Months) | Monthly % p.a. | Quarterly % p.a. | Half-Yearly % p.a. | Yearly % p.a. |
|---|---|---|---|---|
| 12 | 7.59 | 7.63 | 7.71 | 7.85 |
| New15 | 7.87 | 7.92 | 8.00 | 8.15 |
| 18 | 7.73 | 7.77 | 7.85 | 8.00 |
| 24 | 7.87 | 7.92 | 8.00 | 8.15 |
| 30 | 8.05 | 8.10 | 8.18 | 8.35 |
| 36 | 8.38 | 8.43 | 8.52 | 8.70 |
| 42 | 8.42 | 8.47 | 8.56 | 8.75 |
| 50 (JUBILEE) | 8.47 | 8.52 | 8.62 | 8.80 |
| 60 | 8.47 | 8.52 | 8.62 | 8.80 |
| Period (Months) | Rate % (p.a. at monthly rests) | Effective yield % p.a. | Maturity value for Rs. ₹ 5000/- |
|---|---|---|---|
| 12 | 7.59 | 7.85 | 5,392 |
| New15 | 7.87 | 8.24 | 5,515 |
| 18 | 7.73 | 8.16 | 5,612 |
| 24 | 7.87 | 8.49 | 5,849 |
| 30 | 8.05 | 8.88 | 6,110 |
| 36 | 8.38 | 9.49 | 6,423 |
| 42 | 8.42 | 9.75 | 6,706 |
| 50 (JUBILEE) | 8.47 | 10.10 | 7,107 |
| 60 | 8.47 | 10.50 | 7,625 |
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 0.25%* p.a. will be paid on all Renewals, where the deposit is matured.
Additional interest of 0.10%* p.a. will be paid to Women Depositors.
FAQs
Can I add funds to my Fixed Deposit?
No, funds cannot be added at any time of the tenure once your FD is booked.
What is the minimum and maximum investment tenure in an FD with Shriram Finance?
The minimum tenure of a fixed deposit is 12 months and the maximum tenure is up to 60 months
How will I receive the interest amount?
The interest on FD will be credited to your registered bank account
What is a maturity date?
A maturity date is when all funds due are paid into your nominated account.
Are there any special rates for senior citizens?
Yes, Shriram offers special interest rates for senior citizens at an additional 0.50%* p.a. on fixed deposits
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 https://www.shriramfinance.in/downloads
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.
Maximise savings with a Fixed Deposit