Equitas Small Finance Bank Ltd.

Equitas Small Finance Bank has launched its Digital Personal Loan, designed for salaried professionals. With the festive season witnessing a surge in demand for credit, the bank is enabling customers to access instant, paperless personal loans at competitive interest rates starting from 10.49% p.a., with a nominal 1% processing fee. 

It is exclusive for salaried professionals with net take home pay of Rs 40,000 and above; it available for applicants with a credit score of 730 and above; and the Loan amount is starting from Rs 2 lakh, with flexible tenures up to 5 years.

The new offering ensures a seamless, transparent, and fully digital borrowing experience - empowering its customers to apply on-line and receive in-principle approval on real time basis.

Equitas Small Finance Bank offers a range of banking products and services to customers with a focus on serving the financially unserved and underserved customer segments in India.