Equitas Small Finance Bank Revises Interest Rates On FD: Latest Rates Here
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Equitas Small Finance Bank FD Interest Rates For Regular Citizens
Following the most recent adjustment on interest rates, regular citizens will now get a higher return of 6.00% on their deposits maturing in 2 years 1 day 887 days to less than 3 years and 5 years 1 day to 10 years respectively.
| Tenure | Interest rates for amount less than Rs. 2 crore w.e.f 1st October 2021 |
|---|---|
| 7 – 14 days | 3.50% |
| 15 – 29 days | 3.50% |
| 30 – 45 days | 3.50% |
| 46 – 62 days | 4.00% |
| 63 – 90 days | 4.00% |
| 91 – 120 days | 4.35% |
| 121 – 180 days | 4.35% |
| 181 – 210 days | 4.85% |
| 211 – 270 days | 4.85% |
| 271 – 364 days | 4.85% |
| 1 year to 18 months | 5.85% |
| 18 months 1 day to 2 years | 5.75% |
| 2 years 1 day to 887 days | 6% |
| 888 days | 6% |
| 889 days to 3 years | 6% |
| 3 years 1 day to 4 years | 5.75% |
| 4 years 1 day to 5 years | 5.75% |
| 5 years 1 day to 10 years | 6% |
| Source: Bank Website, with effect from 1st October 2021 |
Equitas Small Finance Bank FD Interest Rates For Senior Citizens
Senior citizens will continue to get an additional rate of 0.50% on their deposits. The latest interest rates on fixed deposits of senior citizens are as follows.
| Tenure | Rate of interest p.a. |
|---|---|
| 7 – 14 days | 4.00% |
| 15 – 29 days | 4.00% |
| 30 – 45 days | 4.00% |
| 46 – 62 days | 4.50% |
| 63 – 90 days | 4.50% |
| 91 – 120 days | 4.85% |
| 121 – 180 days | 4.85% |
| 181 – 210 days | 5.35% |
| 211 – 270 days | 5.35% |
| 271 – 364 days | 5.35% |
| 1 year to 18 months | 5.35% |
| 18 months 1 day to 2 years | 6.25% |
| 2 years 1 day to 887 days | 6.50% |
| 888 days | 6.50% |
| 889 days to 3 years | 6.50% |
| 3 years 1 day to 4 years | 6.25% |
| 4 years 1 day to 5 years | 6.25% |
| 5 years 1 day to 10 years | 6.50% |
| Source:Bank Website, with effect from: 1st October 2021 |
Equitas Small Finance Bank RD Rates
With effect from 1st October 2021, Equitas Small Finance Bank is promising the below-listed interest rates on recurring deposits to both regular and senior citizens.
| Tenure | Interest rates for amount less than Rs. 2 crore w.e.f 1st October 2021 | Interest rates for senior citizens |
|---|---|---|
| 12 Months | 5.85% | 6.35% |
| 15 Months | 5.85% | 6.35% |
| 18 Months | 5.85% | 6.35% |
| 21 Months | 5.75% | 6.25% |
| 24 Months | 5.75% | 6.25% |
| 30 Months | 6% | 6.50% |
| 36 Months | 6% | 6.50% |
| 48 Months | 5.75% | 6.25% |
| 60 Months | 5.75% | 6.25% |
| 90 Months | 6% | 6.50% |
| 120 Months | 6% | 6.50% |
| Source: Bank Website, with effect from 1st October 2021 |
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