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Equitas BankFixed Deposit

5.85%
1 Year
4.85%
9 Months
4.85%
6 Months
4.35%
3 Months
Overview of Equitas Bank FDs
3.50% - 6.50%
Interest rates
3 months - 10 years
Time Period
5000 - No Limit
Min. - Max amount
QUARTERLY
Compounding

About Equitas Bank

Equitas Small Finance Bank, as the name suggests, is a small finance bank founded by Equitas in the year 2007 as a microfinance lender. The bank is headquartered in Chennai and had received a license from the Reserve Bank of India on 5th September 2016 as a subsidiary of holding company Equitas Holdings Ltd. Subsequently, Equitas became a scheduled commercial bank effective 4th Feb 2017. The Equitas small finance bank is popular for extending savings and locker facilities. Equitas Small Finance fixed deposit scheme also remains one of the most sought-after financial products from this bank.

The Equitas Bank FD rates and lucrative features account for the scheme’s growing popularity. It is regarded to be a useful means of mobilizing small savings and generating steady returns.

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Started On2016
Head QuartersChennai
CRISIL RatingA+
CEOVasudevan P N
Listed on exchange asEquitas Small Finance Bank Ltd
ICRA RatingNA

Latest Equitas Bank Interest Rates

TenureRegular customersSenior citizens
1
2

Features & Benefits of Equitas Bank

  • Safe to Invest
  • Attractive interest rates
  • Premature withdrawal available and no penalty if withdrawal above 6 months
  • The minimum and maximum deposit amount for Equitas FD is Rs. 5000 and no cap on maximum investment
  • Interest frequency available
  • The tenure for Equitas Bank FD ranges from 7 days to 10 years 
  • Loan against FD available
  • Auto-renewal and nomination facility available

Types of Equitas Bank Schemes

Equitas Regular Fixed Deposit
Equitas Selfie FD

Term-wise interest rates

Short-term Deposits
Medium-term Deposits
Long-term Deposits

Comparison of FD Rates

NameTenureInterest rate
1
2
3
4
5

FAQs

 Is it safe to invest in Equitas Bank FD?

Is premature withdrawal allowed?

What is the minimum deposit amount for Equitas FD?

Is a loan against FD available in Equitas FD?

What are the schemes provided by Equitas Bank for FDs?

High Interest Rates
FDs without Savings Account
Insured upto 5 Lakhs by RBI
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