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FIXED DEPOSIT

Get greater returns on Fixed Deposit with Equitas Small Finance Bank, which can help you grow your money without much effort. By investing with Equitas FD, you can take control of your investments with greater flexibility, and enjoy assured returns. You can choose a tenure between 7 days to 10 years to suit the requirement of your investment and capital creation.

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Benefits:

  • Idle funds can be used
  • Best in class Interest Rates
  • Attractive FD interest rates up to 7.95%* p.a. for Senior Citizens
  • Partial and Full Pre Mature** withdrawal allowed
  • No Premature Withdrawal penalty for all FDs booked for Senior Citizens on or after 2nd December 2019 (Not applicable for grouping)
  • No Penalty on premature withdrawal above 6 months
  • Nomination facility available
  • Interest frequency available – Reinvestment, Quarterly Payout, and Monthly*** Payout

Fixed Deposit Rate for Domestic/NRE/NRO (for INR) with effect from: 1st June 2020 

Domestic FD Rates
Tenure Interest rates for amount less than Rs. 2 crore w.e.f 1st June 2020
7 - 14 days 3.60%
15 - 29 days 3.60%
30 - 45 days 4.10%
46 - 62 days 4.60%
63 - 90 days 5.60%
91 - 120 days 5.85%
121 - 180 days 5.85%
181 - 210 days 6.10%
211 - 270 days 6.10%
271 - 364 days 6.60%
1 year to 18 months 7.10%
18 months 1 day to 2 years 7.10%
2 years 1 day to 887 days 7.15%
888 days 7.35%
889 days to 3 years 7.15%
3 years 1 day to 4 years 6.75%
4 years 1 day to 5 years 6.75%
5 years 1 day to 10 years 6.75%
  • TDS will be deducted as applicable
  • Please check all terms and conditions applicable on FD/RD for premature withdrawal
  • 0.60% extra for Senior Citizen (not applicable for NRE/NRO)

*Fixed Deposit Interest Rates are subject to change from time to time.
**View Terms and Conditions for FD (Partial premature withdrawal not allowed for FDs booked with monthly payout)
***For monthly payout fixed deposits, the interest rate will be discounted on a quarterly compounding basis.