Equitas Small Finance Bank revises interest rates on deposits

19 Oct 2022 , 01:32 AM

Equitas Small Finance Bank has announced the revision of interest rates for savings Fixed Deposits as well as Recurring Deposits in Domestic and NRE NRO Interest Rates Accounts The hike in interest rate will be effective from 15 October 2022 The hike will allow customers with savings account to gain interest ranging from 35Percentage up to 7Percentage There is also an increase in interest rates on Fixed Deposits with the peak rate being at 75Percentage Furthermore senior citizens will receive 050Percentage extra The interest payouts will continue to be quarterly across all account types