Equitas Small Finance Bank provides RDs with high returns. For one‑year tenures, the interest rate was about 8.20 %, while five‑year tenures paid around 7.25 %. Senior citizens may receive an additional 0.50 %. The minimum monthly deposit is often ₹500. Check the latest rate sheet and early withdrawal penalties before investing.
Equitas SFB RD Rate Snapshot
Tenure | Approx. RD rate |
---|---|
1 year | 8.20 % |
3 years | 7.50 % |
5 years | 7.25 % |
Equitas SFB is regulated by the RBI and offers deposit insurance up to ₹5 lakh.