What is it? FD can be broken online after 7 days of booking. If broken within 6 months of booking then 1% lesser than the applicable interest rate will be payable, if broken after 6 months then completed applicable interest rate will be payable.
Insured by the government covering both principal and interest amount
About Equitas Small Finance Bank
Equitas Small Finance Bank is a Scheduled Commercial Bank, licensed by RBI, with 800+ branches, 322 ATMs and 40 Lakhs+ customers across India. The bank offers entire spectrum of financial services and has a healthy balance sheet of 19,000+ Cr. As per FY 21 Q2 results, the bank has a Net NPA ratio of 1%, making it more stable than some of the leading banks in the country today. Equitas Bank is also listed on the National Stocks Exchange under EQUITASBNK.