CHENNAI, 4 DECEMBER 2019 (GPN):    Equitas Small Finance Bank Limited has revised the interest rates on its Fixed Deposit with effect from 2nd December 2019.

Equitas offers interest on fixed deposit 8.25% p.a for a tenure of 888 Days. Senior citizens will get the benefit of 0.60% additional interest rate that makes it to 8.85% p.a.

Investors can get returns on Fixed Deposit with Equitas Small Finance Bank Limited. The Fixed Deposit tenure starts from 7 days to 10 years to suit the requirement of investment and capital creation.

There is No Penalty on premature withdrawal if the FD has completed 6 months and there are No premature penalties for all FDs booked for senior citizens on or after 2nd December 2019.  Quarterly Payout, and Monthly Payout are the options available on Interest frequency. ENDS