Equitas Small Finance Bank hikes fixed deposit interest rates for limited period

Equitas Small Finance Bank Limited, one of the small finance bank, has increased fixed deposit interest rates for domestic and NRE/NRO accounts under a special window on entering its 7th year of banking. The offer is valid from September 1 to 7.

In this offer the customers can now avail up to 7.32 percent interest p.a. on 888 days fixed deposit. Under this offer the interest rates for senior citizens have been increased to 7.82 percent and 7.47 percent for its NRE customers, the bank said.

The interest payout options under this special offer are monthly and quarterly.