Equitas Small Finance Bank Ltd.

BSE: 543243 | NSE: EQUITASBNK
Small Cap | Bank - Private
78.55
-0.48 (-0.61%)
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Equitas Small Finance Bank introduces new tenure for fixed deposits

Date: 05-06-2023

Equitas Small Finance Bank has introduced new tenure for fixed deposits in domestic and NRE/ NRO Interest Rates Accounts. The revised interest rates is effective from June 05, 2023.

The bank has introduced a new slab of 444 days tenure that offers an interest rate of 8.5% for deposits less than Rs 2 crore. The bank also continues to offer interest rates on RD investments for tenures ranging from 12 months to 120 months. Both domestic and NRE/ NRO account holders will be eligible to benefit from this new slab. Furthermore, domestic senior citizens will receive 0.50% extra on the FD and RD rates. The interest payouts will continue to be quarterly across all account types. 

Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.