Corporate News     05-Jun-23
Equitas Small Finance Bank introduces new 444-days tenure FD
Equitas Small Finance Bank has announced a new tenure for Fixed Deposits in Domestic and NRE/ NRO Interest Rates Accounts. The revised interest rates will be effective from 05 June 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.

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