5 lakh. Walk in to any of our … Interest rates are subject to periodic changes. BANKING TOLL FREE NO. Considering the best security for your family & Child, near & dear ones in future protection or immediate safety from Precarious, there are no alternative ways to keep safe your Money deposit into Bank. and 6.75% p.a. Equitas Small Finance Bank Limited FD Interest Calculator is an online financial tool that allows you to calculate the maturity value of your fixed deposit at the interest rate offered by bank. Dec 4, 2019 – Read more about Equitas Small Finance Bank hikes interest rates up to 8.25% on FD on Business-standard. Equitas Small Finance Bank Limited Personal Loan, Equitas Small Finance Bank Limited Personal Loan,ESFBL Personal Loan Interest Rate at Updated on 09 Dec 2020. So if the bank defaults, customers will be given a compensation of Rs. Equitas SFB is offering 6.75 per cent per annum on its one-year to 18-month deposits. 769, Phase II, Anna Salai, Chennai - 600 002. One among them is Equitas Small Finance Bank. As compared to leading commercial banks, the new stream of Small Finance Banks offer a competitive rate of interest on their FDs and even on their savings account. ** Interest rates are subject to change at the sole discretion of the Bank. FAQs on Small Finance Bank FD rates. Attractive rates. Click here to know more about the fixed deposit interest rates so that you can pick wisely the fixed deposit that best suits your needs. Fixed Deposit can open for the duration of a minimum of 7 days and a maximum of ten years. The depositor shall ascertain the rates on the booking date of Fixed Deposit. Do all Small Finance Banks offer 0.50% more interest to senior citizens for opening an FD? 3. Only a few banks are offering high interest rates. Savings Bank Account interest is calculated on a daily basis on the daily closing balance in the Account, at the rate specified by ICICI Bank in accordance with Reserve Bank of India directives. Equitas Small Finance Bank has revised the interest rates on its Fixed Deposit across tenures with effect from 2 December 2019. * For terms & conditions and any other details, please contact your nearest Axis Bank Branch. 5 lakh insurance by Deposit Insurance Credit Guarantee Corporation. Axis Bank Fixed Deposit Interest Rates 2020 – FAQs. Representational Image/PIXABAY . *** Senior Citizen rates are applicable only for Domestic Deposits ^Annualized yields published, compounded quarterly. This can affect the interest of fixed depositors adversely. Equitas offers interest on fixed deposit 8.25% p.a for a tenure of 888 Days. City-based Equitas Small Finance Bank Wednesday revised the interest rates on its savings account deposits with immediate effect. It will help you to calculate bank FD interest rate before mony investment. for 1 year tenure. Small banks like Equitas offer higher interest rates compared to their bigger and more established peers. The Deposit minimum amount is depending upon the bank. Can be opened at Centre meetings and Bank branch. Senior Citizens can take advantage to quickly double their money with good interest rates. Note: The interest rates are effective as of 01 September 2020. Equitas Small Finance Bank Limited ATMs across India. The applicable interest rates will be offered based on the date and time of receipt of the funds by the Bank. Private sector Equitas Small Finance Bank has revised the interest rate on fixed deposits, the bank said on December 3. Launched in 2007, Equitas Small Finance Bank offers microfinance services. Eva, a unique savings account, tries to address the well-being of Indian women in every aspect such as health, wealth and prosperity. The interest amount calculated is rounded off to the nearest rupee. Equitas Small Finance Bank Limited is a private sector bank in india Address : 4th Floor, Spencer Plaza, No. 24*7 customer care facility available. (Mint) Equitas Small Finance revises fixed deposit rates. Share: Edited By: Reema Sharma @reema7sharma. Senior citizens get 60 basis points extra over and above the normal FD rates. Equitas Small Finance Bank does not accept any responsibility for any action taken based on the above rates. Fixed Deposit gives you a high-interest rate on your deposit amount. Ujjivan Small Finance Bank is listed in the Scheduled Banks by RBI and has a stable credit rating by various credit rating agencies. Equitas Small Finance Bank IPO Subscription Status (Bidding Detail) The Equitas Small Finance Bank IPO is subscribed 1.95x times on Oct 22, 2020 17:00. Senior citizens will get the benefit of 0.60% additional interest rate that makes it to 8.85% p.a. Higher interest rate compared to Savings account. While most banks offer 0.50% more interest to the senior citizens for opening an FD, there are other banks as well who offer up to 0.60% interest. Equitas Bank offers a Fixed Deposit Account with a high interest rate. Find the interest rates of savings account, fixed deposit, recurring deposits and loans offered by Jana Small Finance Bank for individuals and enterprises. Fixed Deposit - Get fixed deposits with high interest rates at Kotak Mahindra Bank to earn good returns on your investment. : City-based Equitas Small Finance Bank Wednesday revised the interest rates on its savings account deposits with immediate effect.Under the revised rates, the bank will offer 5.5 per cent per annum interest rate on deposits of upto Rs one For instance, Equitas' one-year FD earns 7.75 per cent (with effect from April 6; senior citizens earn 0.6 per cent more). *The Bank at its discretion, may disallow premature withdrawal of large deposits for amount Rs.5 crores and above, held by entities other than Individuals and Hindu Undivided Family (HUF). Equitas Small Finance Bank Fixed Deposits Review Majority of the banks are offering FD interest rates between 4.5% to 6%. Canara Bank Long-term Deposit FD Rates: These deposits’ tenure ranges from 5 years to 10 years and offers an interest rate of 6.25% – 6.75% p.a. Benefits of Equitas Bank Fixed Deposit. Bank FD Fixed Deposit Rates: Small finance banks offer annual returns of 3.05-8.5 per cent per annum on retail fixed deposits - or term deposits up to Rs 2 crore. FDR Interest rate Bank wise 2020 is not same. The public issue subscribed 2.08x in the retail category, 3.91x in the QIB category, and 0.22x in the NII category. Apply for Personal Loan Online, Low Interest Rate, Quick Processing & Flexible Repayment, ESFBL Eligibility Calculator, Required Document,Purpos,ESFBL Personal Loan FAQs, Contact Details, ESFBL Personal Loan EMI Calculator. Canara Bank Senior Citizen Interest Rates: Senior citizens are offered a 0.50% additional interest rate of 0.50% on all FD tenures. Updated: Nov 17, 2020, 12:20 … Equitas Small Finance Bank is not obligated to update the information contained in the forex rate list available on the Bank's website, and the service of providing forex rates may be dis-continued at any time without notice. The FD rate of returns range from 5.50% p.a. Many small finance banks giving highest fixed deposit interest rates for its senior citizen customers one of them is Equitas Small Finance Bank . Due to the repo rate cut by RBI by 75 bps during coronavirus lockdown, Axis Bank may reduce the FD interest rates in the coming days. With effect from March 30, 2016, interest will be paid quarterly in March, June, September and December. Equitas offers interest on fixed… Equitas offers interest on fixed… 11. Check Day by … Fund your deposit directly from the USFB account. CONTACT US . After the latest revision of rates, done in June 2020, Equitas Small Finance Bank’s (SFB) rates are better than that of its peers. Small finance banks, such as Ujjivan, Equitas, Utkarsh, Jana and Capital, offer interest at the rate of 5-9 per cent on fixed deposits up to Rs 2 crore, according to their websites. Equitas Small Finance Bank 7% interest rate, PF waiver, discounted gold loan --Check out benefits of Equitas Small Finance Bank women savings a/c. 0.5% additional interest rate for Senior Citizens. In comparison, State Bank of India's one-year FD earns 5.2 per cent (senior citizens get 6.2 per cent). Equitas Small Finance Bank Limited Fixed Deposit Calculator to calculate maturity amount for FD amount interest rates and tenure 6 months to 10 years. FDs from Equitas Small Finance Bank are worth considering. Where is your Money Keep safe? Fixed Deposit or FD is a good interest rate investment option. Equitas Small Finance Bank latest FD interest rates. : 1800 2080 / 0868131056 MFI TOLL FREE NO. ** Rates are subject to change without any prior notice. The amount of FD, interest rate, deposit tenure and compounding frequency of interest together determine the maturity amount of the FD at the end of the tenure. Also, the deposits made with the bank are covered with Rs. What are the tenure options available for Axis Bank FD? Chennai-based Equitas Small Finance Bank offers interest rate ranging from 5% to 8% to general public. Mumbai: In order to attract deposits, small finance lender Equitas Small Finance Bank on Tuesday said it has increased the rate of interest on savings account having deposits between Rs 1 lakh to Rs 5 crore to 7 per cent per annum from 5.5 per cent. For deposits ranging from Rs one lakh to Rs 10 lakh, the interest rates would be six per cent and for deposits of Rs 10 lakh and upto Rs 1 crore, the interest rates have been fixed to 6.50 per cent. to 8.55% p.a. Axis Bank FD Rates Amidst Coronavirus. Read more about Equitas Small Finance Bank revises interest rates on Business Standard. 4. 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