Axis Bank FD Rates Amidst Coronavirus. Can be opened at Centre meetings and Bank branch. The small finance bank offers interest rates for fixed deposits in the range of 5% p.a. Senior Citizens can take advantage to quickly double their money with good interest rates. (Mint) Equitas Small Finance revises fixed deposit rates. Benefits of Equitas Bank Fixed Deposit. Small banks like Equitas offer higher interest rates compared to their bigger and more established peers. 3. FDR Interest rate Bank wise 2020 is not same. 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. The interest amount calculated is rounded off to the nearest rupee. Equitas Small Finance Bank offering attractive fixed deposit interest rates for its senior citizens customer at 8.50% p.a. One among them is Equitas Small Finance Bank. For instance, Equitas' one-year FD earns 7.75 per cent (with effect from April 6; senior citizens earn 0.6 per cent more). Fund your deposit directly from the USFB account. BANKING TOLL FREE NO. 0.5% additional interest rate for Senior Citizens. The depositor shall ascertain the rates on the booking date of Fixed Deposit. 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 Citizen rates are applicable only for Domestic Deposits ^Annualized yields published, compounded quarterly. What are the tenure options available for Axis Bank FD? FDs from Equitas Small Finance Bank are worth considering. Also, the deposits made with the bank are covered with Rs. Ujjivan Small Finance Bank is listed in the Scheduled Banks by RBI and has a stable credit rating by various credit rating agencies. Equitas offers interest on fixed deposit 8.25% p.a for a tenure of 888 Days. 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. The new rates are applicable from Wednesday, the bank said in a release. Equitas Small Finance Bank does not accept any responsibility for any action taken based on the above rates. Fixed Deposit can open for the duration of a minimum of 7 days and a maximum of ten years. Attractive rates. 769, Phase II, Anna Salai, Chennai - 600 002. Senior citizens get 60 basis points extra over and above the normal FD rates. With effect from March 30, 2016, interest will be paid quarterly in March, June, September and December. Equitas Bank offers a Fixed Deposit Account with a high interest rate. Equitas Small Finance Bank Fixed Deposits Review Majority of the banks are offering FD interest rates between 4.5% to 6%. *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). Check Day by … 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. and 6.75% p.a. Walk in to any of our … for 1 year tenure. Interest rates are subject to periodic changes. Equitas Small Finance Bank 7% interest rate, PF waiver, discounted gold loan --Check out benefits of Equitas Small Finance Bank women savings a/c. Representational Image/PIXABAY . Axis Bank Fixed Deposit Interest Rates 2020 – FAQs. Senior citizens will get the benefit of 0.60% additional interest rate that makes it to 8.85% p.a. Updated: Nov 17, 2020, 12:20 … Equitas Small Finance Bank has revised the interest rates on its Fixed Deposit across tenures with effect from 2 December 2019. 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. Eva, a unique savings account, tries to address the well-being of Indian women in every aspect such as health, wealth and prosperity. 5 lakh. This can affect the interest of fixed depositors adversely. After the latest revision of rates, done in June 2020, Equitas Small Finance Bank’s (SFB) rates are better than that of its peers. Find the interest rates of savings account, fixed deposit, recurring deposits and loans offered by Jana Small Finance Bank for individuals and enterprises. Latest FD interest rates here 2 min read. 24*7 customer care facility available. to 8.55% p.a. Equitas Small Finance Bank latest FD interest rates. 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. 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 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. 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. Read more about Equitas Small Finance Bank revises interest rates on Business Standard. FAQs on Small Finance Bank FD rates. 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. Fixed Deposit gives you a high-interest rate on your deposit amount. 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. Chennai-based Equitas Small Finance Bank offers interest rate ranging from 5% to 8% to general public. Only a few banks are offering high interest rates. CONTACT US . So if the bank defaults, customers will be given a compensation of Rs. Fixed Deposit or FD is a good interest rate investment option. The bank offers domestic, NRI, and NRO fixed deposits. The Deposit minimum amount is depending upon the bank. * For terms & conditions and any other details, please contact your nearest Axis Bank Branch. 4. The FD rate of returns range from 5.50% p.a. Note: The interest rates are effective as of 01 September 2020. City-based Equitas Small Finance Bank Wednesday revised the interest rates on its savings account deposits with immediate effect. : 1800 2080 / 0868131056 MFI TOLL FREE NO. 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. The public issue subscribed 2.08x in the retail category, 3.91x in the QIB category, and 0.22x in the NII category. : 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 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. for different durations. 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. Launched in 2007, Equitas Small Finance Bank offers microfinance services. 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 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. 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 ATMs across India. Higher interest rate compared to Savings account. Equitas offers interest on fixed… Equitas offers interest on fixed… 11. 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. It will help you to calculate bank FD interest rate before mony investment. Canara Bank Senior Citizen Interest Rates: Senior citizens are offered a 0.50% additional interest rate of 0.50% on all FD tenures. 5 lakh insurance by Deposit Insurance Credit Guarantee Corporation. Equitas Small Finance Bank Limited Fixed Deposit Calculator to calculate maturity amount for FD amount interest rates and tenure 6 months to 10 years. Equitas Small Finance Bank Limited is a private sector bank in india Address : 4th Floor, Spencer Plaza, No. Many small finance banks giving highest fixed deposit interest rates for its senior citizen customers one of them is Equitas Small Finance Bank . Equitas SFB is offering 6.75 per cent per annum on its one-year to 18-month deposits. Dec 4, 2019 – Read more about Equitas Small Finance Bank hikes interest rates up to 8.25% on FD on Business-standard. All India Equitas Small Finance Bank Limited Branches. ** Interest rates are subject to change at the sole discretion of the Bank. Where is your Money Keep safe? ** Rates are subject to change without any prior notice. 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. Fixed Deposit - Get fixed deposits with high interest rates at Kotak Mahindra Bank to earn good returns on your investment. Share: Edited By: Reema Sharma @reema7sharma. Do all Small Finance Banks offer 0.50% more interest to senior citizens for opening an FD? Fixed… Equitas offers interest on fixed Deposit Account with a high interest rates up to %! 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