Shriram Fixed Deposit 2025 – Interest Rates, Benefits, Features & Safety Rating

Saving and investing money wisely is one of the most important financial habits everyone should develop. In today’s world, people are always looking for a reliable and secure way to grow their savings without taking high risks. Among the many investment options available, Fixed Deposits (FDs) remain one of the most trusted choices in India.

Among various FD schemes, the Shriram Fixed Deposit (Shriram FD) by Shriram Finance Limited stands out as a preferred option for lakhs of investors due to its high safety ratings, attractive returns, and flexible features. This plan is ideal for individuals who want to earn steady, risk-free income while keeping their investment safe.

Let’s explore everything you need to know about the Shriram Fixed Deposit — its features, benefits, interest rates, eligibility, and other important details in a simple, easy-to-understand manner.

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Shriram Fixed Deposit Interest Rates Benefits

Shriram Fixed Deposit offers up to 8.15% interest with AA+ safety rating. Know features, benefits, senior citizen rates, women benefits, tenure options, and more.

🛡️ Trusted & Secure Investment Option

The most important factor before investing is safety. Shriram Fixed Deposit has been rated “[ICRA]AA+ (Stable)” by ICRA and “IND AA+/Stable” by India Ratings and Research. These are among the highest safety ratings, which means the company has a very strong ability to meet its financial commitments on time.

Such high credit ratings give investors the confidence that their money is in safe hands. When you invest in Shriram FD, you can be assured that your principal amount and interest earnings are secure and backed by a financially strong company.

💰 Attractive Interest Rates

One of the major reasons investors choose Shriram Fixed Deposit is the attractive interest rate. It offers returns of up to 8.15% per annum*, which is higher than most bank FDs. This makes it a great choice for people who want to earn better returns without taking any market risks.

Additionally, Shriram FD provides special interest rate benefits for certain categories of investors:

Senior Citizens get an extra 0.50% p.a.* on their deposits.
Women depositors get an *additional 0.05% p.a.**.
Renewals of matured deposits earn an extra 0.15% p.a.* interest.

This means, for example, if a senior citizen woman renews her FD, she can earn *up to 8.70% p.a.**, which is a fantastic return for a low-risk investment.

📈 Interest Rate Chart (Effective from 5th August 2025)

Shriram Finance offers both Cumulative and Non-Cumulative fixed deposit options, giving you the freedom to choose how you want to receive your returns.

Tenure (Months)	Monthly (% p.a.)	Quarterly (% p.a.)	Half-Yearly (% p.a.)	Yearly (% p.a.)
12 (Digital Only)	6.79	6.82	6.88	7.00
15	7.02	7.06	7.12	7.25
18 – 23	6.93	6.97	7.03	7.15
24 – 35	7.02	7.06	7.12	7.25
36 – 60	7.35	7.39	7.46	7.60

These interest rates are rounded off to two decimal places. Additional interest for senior citizens (+0.50%), renewals (+0.15%), and women depositors (+0.05%) are added on top of the yearly rate.

So, depending on your investor category and chosen tenure, you can earn even higher returns than the base rate.

🧮 Flexible Tenure Options

Every investor has different financial goals — some may want short-term safety, while others may prefer long-term growth. Shriram Fixed Deposit offers flexible tenure options ranging from 12 months to 60 months (1 to 5 years).

You can choose a short-term FD if you need liquidity or want to save for a near-future goal.
Or, choose a long-term FD for up to 5 years to enjoy the benefits of compounding and higher interest rates.

This flexibility makes Shriram FD suitable for all types of investors — salaried employees, retirees, homemakers, and business professionals alike.

💵 Flexible Payout Options

Shriram FD allows you to choose how you want to receive your interest. Based on your financial needs, you can select:

Monthly payout – Ideal for retirees or people who need a regular income.
Quarterly payout – Best for those who want slightly larger but less frequent payments.
Half-yearly or yearly payout – Suitable for investors who prefer periodic lump sum interest income.
At maturity (Cumulative FD) – Perfect for long-term savers who want to reinvest the interest and benefit from compounding.

This flexibility ensures your investment perfectly aligns with your income and financial planning goals.

👵 Benefits for Senior Citizens

Shriram Finance recognizes the importance of financial security for senior citizens. That’s why they offer an additional 0.50% p.a.* interest rate exclusively for individuals aged 60 years or above.

This benefit ensures that retirees can enjoy a steady monthly income or a lump sum amount at maturity, helping them meet their expenses comfortably without worrying about market fluctuations.

For example, if a senior citizen invests ₹5 lakh for 5 years at 8.10% interest, they can earn over ₹2.4 lakh in interest over the tenure — a significant boost to their financial stability.

👩‍💼 Special Interest Rate for Women

Shriram FD also offers a special 0.05% p.a. additional interest rate* for women depositors. This initiative encourages more women to save and invest independently, promoting financial empowerment.

Even a small increase in interest makes a noticeable difference in the long run, especially for long-term deposits where compounding plays a major role.

📄 Easy & Hassle-Free Investment Process

Investing in Shriram Fixed Deposit is quick and simple. You can apply online or offline as per your convenience.

Online (Digital FD):
- Visit the official Shriram Finance website.
- Fill in the FD application form.
- Upload KYC documents (like PAN, Aadhaar, etc.).
- Make the payment through net banking or UPI.
- Receive your FD receipt instantly via email.
Offline:
- Visit the nearest Shriram Finance branch.
- Fill out the physical FD form and submit KYC documents.
- Pay via cheque, demand draft, or electronic transfer.
- Receive your FD certificate once the deposit is processed.

This easy process ensures that anyone, even those unfamiliar with digital platforms, can invest without difficulty.

🧾 Collateral-Free Loans Against FD

Shriram FD investors can also enjoy the benefit of taking a loan against their deposit in case of an emergency. You don’t need to break your FD before maturity.

You can borrow up to 75% of your FD amount as a loan.
The loan process is quick and requires no additional collateral.
This ensures that your investment continues to earn interest even when you use the loan amount.

This facility is extremely helpful during urgent financial needs without disturbing your long-term savings.

💹 Reliable Returns with Compounding

In the Cumulative FD option, interest gets compounded over time, meaning you earn interest on both the principal and accumulated interest. Over the long term, this results in much higher maturity value compared to regular payout options.

For example, an investment of ₹1 lakh for 5 years at 7.60% interest (compounded annually) will grow to over ₹1.44 lakh — a clear demonstration of the power of compounding.

⚙️ Renewal Benefits

Shriram Finance rewards loyal customers. When your FD matures, and you choose to renew it, you’ll receive an extra 0.15% p.a.* on your new deposit.

This small addition further increases your total earnings over time, making it worthwhile to stay invested with Shriram Finance.

⚖️ Important Disclaimers

Shriram Finance Limited (SFL) is a registered Non-Banking Financial Company (NBFC). It holds a valid Certificate of Registration dated 31st January 2023 issued by the Reserve Bank of India (RBI) under Section 45-IA of the RBI Act.

However, it’s important to note that while the RBI has authorized the company to accept deposits, it does not guarantee the financial performance or repayment of deposits. This disclaimer is standard for all NBFCs.

Investors are advised to read the terms and conditions (T&C) carefully before investing. Detailed information is available in the FD application form, which can be downloaded from the official Shriram Finance website.

🌿 Why Choose Shriram Fixed Deposit?

Here’s a quick summary of why Shriram FD is one of the most preferred fixed deposit schemes in India:

✅ High Safety Ratings: Backed by ICRA and India Ratings’ AA+ (Stable) rating.
✅ Attractive Interest Rates: Up to 8.15% p.a. + additional benefits.
✅ Flexible Tenure: 12 to 60 months to match your goals.
✅ Regular Income Option: Choose from multiple interest payout frequencies.
✅ Senior Citizen Benefits: Extra 0.50% p.a. for investors aged 60+.
✅ Women Benefits: Extra 0.05% p.a. to empower women investors.
✅ Loan Facility: Collateral-free loan against FD up to 75% of deposit value.
✅ Easy Application: Online and offline options for all.
✅ Renewal Bonus: 0.15% additional interest on renewal.
✅ Reliable Returns: Guaranteed and predictable earnings.

💬 Final Thoughts

The Shriram Fixed Deposit is an excellent blend of safety, stability, and superior returns. It is suitable for investors of all ages and financial backgrounds — whether you are a young professional saving for your future, a homemaker seeking safe growth, or a retiree looking for regular income.

With interest rates up to 8.15%*, extra benefits for senior citizens and women, and flexible payout options, it offers complete financial convenience and peace of mind. The company’s strong credit ratings and reputation built over decades further enhance trust.

So, if you’re planning to grow your money safely while enjoying higher returns than a regular bank FD, the Shriram Fixed Deposit is definitely a smart and secure choice.

Before investing, always review the latest interest rates and terms on the Shriram Finance official website or consult with their branch representatives to ensure you get the best possible benefits for your deposit.

❓ Frequently Asked Questions (FAQ) on Shriram Fixed Deposit

1. What is Shriram Fixed Deposit (FD)?

Shriram Fixed Deposit is a secure investment scheme offered by Shriram Finance Limited, a trusted NBFC in India. It allows investors to deposit a lump sum amount for a fixed period and earn guaranteed interest at attractive rates.

2. Is Shriram Fixed Deposit safe?

Yes. Shriram Fixed Deposit is rated “[ICRA]AA+ (Stable)” by ICRA and “IND AA+/Stable” by India Ratings and Research, which means it has a very high degree of safety and the company has a strong ability to meet financial commitments on time.

3. What is the current interest rate for Shriram Fixed Deposit?

As of 5th August 2025, interest rates on Shriram Fixed Deposit go up to 8.15% per annum*. Senior citizens get an additional 0.50% p.a., and women depositors get an extra 0.05% p.a.

4. What is the minimum and maximum tenure for investment?

You can invest in a Shriram FD for a flexible tenure ranging from 12 months to 60 months (1 year to 5 years).

5. What is the minimum amount required to open a Shriram FD?

The minimum investment amount may vary depending on the type of FD, but generally, you can start with as low as ₹5,000 or ₹10,000. For digital FDs, the process starts easily online.

6. What is the difference between cumulative and non-cumulative deposits?

Cumulative FD: Interest is compounded and paid at maturity. Ideal for those who want long-term growth.
Non-Cumulative FD: Interest is paid regularly — monthly, quarterly, half-yearly, or yearly — for people who want regular income.

7. Are there special benefits for senior citizens?

Yes. Senior citizens aged 60 years or above receive an additional 0.50% interest rate per annum on their deposits, ensuring better income and financial comfort during retirement.

8. Are there any special interest rates for women?

Yes. Women investors get an extra 0.05% per annum* on their deposits as a special benefit from Shriram Finance Limited.

9. Can I get a loan against my Shriram Fixed Deposit?

Yes, you can avail a collateral-free loan against your FD. You can borrow up to 75% of your deposit amount without breaking your FD. This feature helps during financial emergencies while your investment continues to earn interest.

10. Can I renew my FD after maturity?

Absolutely. You can renew your FD upon maturity and get an extra 0.15% p.a.* interest on your renewed deposit.

11. Can I withdraw my FD before maturity?

Yes, premature withdrawals are allowed, but they may attract a small penalty or a reduced interest rate, depending on how early you withdraw. It’s best to check the exact policy at the time of investment.

12. How do I apply for a Shriram Fixed Deposit?

You can open an FD in two ways:

Online (Digital FD): Visit the official Shriram Finance website, fill the online form, upload KYC documents, and pay digitally.
Offline: Visit the nearest Shriram Finance branch with your documents and submit your application.

13. Is there any tax deduction on the interest earned?

Yes. Like all fixed deposits, interest earned is taxable under “Income from Other Sources.” TDS (Tax Deducted at Source) applies if your annual interest exceeds ₹5,000 in a financial year.

14. Can I open multiple FDs with Shriram Finance?

Yes. You can open multiple fixed deposits with different tenures or payout options to suit your savings goals.

15. What payout options are available in Shriram FD?

You can choose from several payout options:

Monthly
Quarterly
Half-Yearly
Yearly
At Maturity (Cumulative option)

This flexibility helps you manage your cash flow based on your needs.

16. Can NRIs invest in Shriram Fixed Deposit?

Yes, Non-Resident Indians (NRIs) can also invest in Shriram Fixed Deposit schemes, subject to the company’s specific NRI deposit terms and regulatory guidelines.

17. How is the interest rate calculated for different payout frequencies?

The base interest rate (yearly rate) is used to calculate corresponding monthly, quarterly, and half-yearly rates through a compounding formula. Hence, shorter payout options have slightly lower effective rates.

18. Can I check my FD details online?

Yes. Once your FD is created, you can easily track your investment details, interest, and maturity date through the Shriram Finance online portal or mobile app.

19. Is my investment insured or guaranteed by RBI?

No. Although Shriram Finance Limited is registered with RBI, the Reserve Bank of India does not guarantee the repayment of deposits or the financial position of the company. However, the high credit ratings ensure strong reliability.

20. What documents are required to open an FD?

You need to provide:

KYC documents (PAN card and Aadhaar card)
Address proof
Recent passport-size photograph
For senior citizens or NRIs, additional documents may be requested as per RBI guidelines.

21. Is it possible to change the nominee later?

Yes. You can easily add, remove, or update your nominee details at any time by submitting a written request or updating it online through the Shriram portal.

22. What happens if the depositor passes away before maturity?

In such a case, the nominee or legal heir can claim the maturity amount by submitting the required documents such as the death certificate and ID proof.

23. Are Shriram FD interest rates fixed or variable?

The interest rates are fixed at the time of investment. Once you open an FD, the rate remains the same for the entire tenure, regardless of market fluctuations.

24. When were the current interest rates last revised?

The current interest rates came into effect on 5th August 2025. However, rates are subject to change, so it’s best to confirm the prevailing rate before investing.

25. Why should I choose Shriram FD over a regular bank FD?

Shriram FD offers higher interest rates than most banks, along with flexible payout options, senior citizen and women benefits, and the ability to get a loan against your FD. It’s a great balance of safety and profitability.

26. What happens at the end of the FD tenure?

At the end of the tenure, you can either renew your FD to continue earning interest or withdraw your maturity amount directly into your bank account.

27. Is there any processing fee or hidden charge?

No. Shriram Finance does not charge any hidden fees for opening or maintaining your FD. However, a small penalty may apply in case of premature withdrawal.

28. Can I open a joint fixed deposit?

Yes. You can open a joint FD account with up to three depositors. The maturity amount will be payable according to the mode of holding — “Either or Survivor” or “Jointly.”

29. How can I contact Shriram Finance for FD-related queries?

You can contact Shriram Finance through:

Their official website contact form
Customer care helpline (available on the website)
Visiting the nearest branch office for personal assistance.

30. What makes Shriram FD a good investment choice in 2025?

In 2025, with fluctuating market conditions and moderate inflation, Shriram FD remains a safe and high-return option. With *up to 8.15% p.a.**, additional benefits for senior citizens, women, and renewals, and AA+ safety ratings, it offers the perfect combination of security, flexibility, and growth.