Earn up to 7.65%* p.a. with FIP
Fixed Investment Plan
The Fixed Investment Plan from Shriram Finance is an innovative savings instrument that helps you benefit from steady returns with the flexibility of monthly contributions. This investment tool is designed for individuals seeking a reliable investment option and allows you to begin your wealth building journey with as little as ₹1,000 per month. With rates up to 7.65%* p.a., inclusive of an additional rate of 0.05%* p.a. for women depositors, an FIP from Shriram Finance can help you secure your financial future with steady returns and stable income. If you are planning to start a fixed investment plan online, Shriram Finance can help you get started with a seamless platform and simple steps.
Fixed Investment Plan Quick Facts
Before starting your FIP journey with Shriram Finance, it is essential to understand some key facts that can help you make informed decisions:
| Parameters | Criteria |
|---|---|
| Minimum Investment | Starting at ₹1,000 per month |
| Instalment Options | 12 to 48 months |
| Investment Tenure | 23 to 59 months |
| Interest Rates | Up to 7.65%* p.a., including an additional 0.05%* p.a. for women depositors |
| Eligibility | Indian residents, including minors and senior citizens |
Fixed Investment Plan Interest Rates and Charges
The interest rates on Shriram FIP are designed to allow investors to benefit from attractive returns while also ensuring that your invested capital is preserved. Here are a few important rates to keep in your mind while investing:
Interest Rates on Digital FIP (w.e.f. 5th August 2025)
| FIP Instalment | Interest Rate |
|---|---|
| 12 - 23 months | 7.00%* p.a. |
| 24 - 35 months | 7.25%* p.a. |
| 36 - 48 months | 7.60*% p.a. |
Please note that the interest rates are rounded off to two decimal places and women depositors benefit from an additional 0.05%* p.a.
Fixed Investment Plan Features and Benefits
Shriram Fixed Investment Plan brings together a world of compelling features and benefits that help investors earn predictable returns while sticking to a systematic approach to saving. Here are some more features and benefits of Shriram FIP that make it a great investment option for you:
Attractive Interest Rate
Our interest rates go up to 7.65%* p.a., inclusive of an additional 0.05%* p.a. for women depositors.
Low Starting Investment Amount
You can start your investment journey with us with as little as ₹1,000 per month, making it accessible for investors with different income levels.
Flexible Investment Options
Choose from 12 to 48 months for your investment, aligning with your financial goals.
Option to Convert to an FD
You can also convert your Shriram FIP to Shriram FD easily or redeem the full amount on maturity.
Credible and Highly Rated
Shriram FIP is rated "[ICRA]AA+ (Stable)" by ICRA and Rated "IND AA+/Stable" by India Ratings and Research, offering your investments utmost protection.
Fixed Investment Plan Calculator
The FIP calculator from Shriram Finance is a free, online tool that helps you determine your potential returns based on the investment details you provide. All you need to do is enter your desired investment amount, instalment and tenure preference, and the applicable interest rate. In seconds, the calculator will work out what your maturity amount and total interest earned will be.
I am a Woman
Investment amount
Number of Instalments
Min 12 months
Max 48 months
Effective Tenure
Note: (No. of Instalments + 12 Month maturity period from the last instalment due date )
Investment Summary
Interest Rate %* p.a.
FIP
Interest Earned
Fixed Investment Plan Eligibility and Documents Required
Before you invest in Shriram FIP, it is crucial to check the eligibility criteria and keep a few essential documents handy.
Eligibility
The FIP from Shriram Finance is available to the following individuals:
- Indian resident
- Individuals
- Minors
- Senior citizens
Documents
Aadhaar
- Verified or fetched through DigiLocker
Fixed Investment Plan How to Invest
Investing in Shriram FIP is quick and straightforward. Follow these simple steps to get started:
Step 1
Enter your mobile number.Step 2
Enter PAN, instalment amount and KYC details and complete your payment.Step 3
Enter bank details.Step 4
Receive your FIP receipt and maximise your returns.
Types of Fixed Investment Plan
Shriram Finance offers various options within its Fixed Investment Plan, catering to the diverse financial requirements of people:
You can choose a fixed amount to invest every month, with a minimum investment amount as low as ₹1,000 per month.
Select from a wide range of instalments - 12 to 48 months.
You can either opt for cumulative interest or regular payouts depending on your financial needs.
With Shriram FIP, you have the liberty to decide whether you would want to reinvest the matured amount, convert it to Shriram FD or withdraw the funds at maturity.
Fixed Investment Plan FAQs
How does a fixed investment plan work?
Shriram Fixed Investment Plan allows you to make monthly contributions over your preferred instalments, ranging from 12 to 48 months. Your investment earns a fixed interest rate, providing you stable returns. Once your investment reaches its maturity, the total amount, including the interest, is paid out.
What are the benefits of investing in a fixed investment plan?
Some of the benefits of investing in an FIP are stable returns, disciplined savings habit, flexibility in instalment options, low entry barrier starting at ₹1,000 per month, and minimal risk.
What are the risks of investing in an FIP?
While FIPs are generally considered a low-risk investment, they may come with limited liquidity, as your funds are locked in until maturity. Additionally, if you withdraw before the specified period, there may be some penalties. However, the benefits of investing in Shriram FIP far outweigh the minor cons, making it one of the better investment choices.
How much should I invest in an FIP?
With Shriram FIP, you can start your investment journey with as little as ₹1,000 per month. Before committing to an amount, ensure you have analysed your financial situation well, and considered your income and expenses, so that you can make comfortable contributions every month.
How can I start a fixed investment plan?
To start an FIP with Shriram Finance, first visit the Shriram Finance website or download the Shriram One app, register using your mobile number and select the monthly instalment amount and number of instalments. Finally, complete EKYC/CKYC PoA or Aadhaar verification (through DigiLocker) and make the payment. On completing the steps successfully, you will receive confirmation.
Can I withdraw money from a fixed investment plan before maturity?
Yes, you can withdraw funds before the maturity date; but please note that there will be penalties for premature withdrawals.
What happens if I miss a payment in my FIP?
Missing a payment could affect your investment’s returns and may lead to penalties. I could also lead to some restrictions on withdrawals.
How can I calculate the returns on my FIP?
To calculate your returns on your FIP, simply use the Shriram Fixed Investment Plan Calculator on our website. By entering your investment amount and the number of instalments, you can determine your potential returns accurately.
What documents do I need to open an FIP?
To open an FIP account, you need your Aadhaar which needs to be verified through DigiLocker.
What are the charges associated with an FIP?
Charges may vary based on specific terms set by Shriram Finance but usually include processing application fees or premature withdrawal penalties.
How can I track my FIP’s performance?
You can track your FIP performance through the official website of Shriram Finance or the Shriram One app, where you can check your investment details, accrued interest and maturity amounts.
How can I close my FIP account?
To close your FIP account, contact our customer service or visit the branch nearest to you to initiate the closure process. But ensure that all the requirements are met and any outstanding payments are cleared.
What is the lock-in period for an FIP?
The lock-in period for an FIP begins after the last instalment payment is made and lasts for an additional 12 months before maturity.
Can I transfer my FIP from one fund to another?
No, once you invest in Shriram FIP, you cannot transfer it to another fund. However, you can convert your FIP to Shriram FD.
Can I invest in an FIP for my child?
Yes, you can invest in an FIP on behalf of your children as long as you meet the eligibility criteria set by Shriram Finance.
Maximise savings with a Fixed Investment Plan
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