Equitas holdings' subsidiary -- Equitas Small Finance Bank (SFB) has revised the interest rates on its savings account with effect from January 01, 2019. Equitas Small Finance Bank offers 5.5% per annum (p.a.) interest on SB deposits for balance up to 1 lakh above Rs 1 lakh and up to Rs 10 lakh: 6.00% p.a. above Rs 10 lakh and up to Rs 1 crore: 6.50% p.a. above Rs 1 crore and up to Rs 5 crore: 7.00% p.a. above Rs 5 crore and up to Rs 30 crore: 7.25% p.a. above Rs 30 crore and up to Rs 50 crore: 7.50% p.a.
Equitas offers interest on fixed deposit 8.80% p.a. for a tenure of 2 years 1 day to 3 years. Senior citizens will get benefit of 0.75% additional interest rate that makes to 9.55% p.a.
Equitas Holdings is a diversified financial services provider focused on individuals and micro and small enterprises (MSEs) that are underserved by formal financing channels.
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Bajaj Finance | 7190.15 |
Shriram Finance | 2489.20 |
Aditya Birla Capital | 231.95 |
SBI Cards AndPayment | 715.60 |
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