Equitas Holdings' subsidiary -- Equitas Small Finance Bank has introduced current account with ‘sweep in and sweep out’ fixed deposit for entrepreneurs, self-employed professionals and businessmen. With 24x7 cash deposit facility, customers also get interests on idle funds with sweep in sweep out Fixed Deposit (FD).
Customers can choose from 3 different product variants based on their need. Equitas Current Account offers 50% waiver on balance in semi-urban and rural branches; and 50% waiver of balance for women proprietors in Metro & Urban Areas - for specific Current Account variants.
Equitas Holdings is a diversified financial services provider focused on individuals and micro and small enterprises (MSEs) that are underserved by formal financing channels.