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MoneyWorks4Me

Equitas Holdings' arm offers digital banking with Selfe FDs, Selfe savings accounts

14 Apr 2020 Evaluate

Equitas Holdings' subsidiary -- Equitas Small Finance Bank is offering digital banking with Selfe FDs and Selfe savings accounts during the national/ regional lockdown with no physical contact or branch visits; just self-onboarding by new customers.

Customers can open Selfe Fixed Deposit (FD) online for value up to Rs 90,000 with the Bank by keeping their Aadhaar Number and PAN handy; and then booking their FD online in just three minutes, and enjoying returns up to 7.75% p.a. for 1 year. Selfe FD, a digital standalone Insta Fixed Deposit, envisages easy and effortless FD booking from the comfort of home, transactional convenience packaged by offering UPI VPA funding from any full-KYC non-Equitas bank account in India (linked in UPI).

Equitas Holdings is a diversified financial services provider focused on individuals and micro and small enterprises (MSEs) that are underserved by formal financing channels.

Peers
Company Name CMP
Bajaj Finance 1114.00
Shriram Finance 1000.00
Aditya Birla Capital 416.55
Tata Capital 356.00
Chola Invest & Fin. 1856.00
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