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Equitas Small Finance Bank FD Rates
Equitas Small Finance Bank fixed deposit interest rates range from 3.50% p.a. to 8.00% p.a. for general citizens and from 4.00% p.a. to 8.50% p.a. for senior citizens. These FD accounts can be opened almost instantly, with no penalty for premature withdrawals after 6 months.
Guaranteed Returns
Includes Life Cover
Completely Tax Free+
3 Benefits, 1 Plan
Maximum returns offered by:
7.4%*
(Tax-Free)
Guaranteed Plan
(By Insurance companies)4.6%*
(After Tax)
Fixed Deposit
(Offered by Banks)4.0%*
Savings Account
(Post Office)Get Guaranteed returns up to 7.4%*
Fully Tax-Free, Life Cover Included
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FD Interest Rates
- Equitas Small Finance Bank FD Rates
The Reserve Bank of India has recognised Equitas Small Finance Bank as a scheduled bank, and thus its depositors are now covered by the deposit insurance offered by the Deposit Insurance and Credit Guarantee Corporation (DICGC). Eligible deposits are insured up to ₹5 lakh per depositor per bank under the DICGC insurance, including both principal and accrued interest.
Equitas Small Finance Bank Fixed Deposit Interest Rates Highlights
Equitas Small Finance Bank provides competitive FD interest rates on different tenures with higher rates on specific special tenure deposits like Maxima FD.
| Tenure | Rate (p.a.) |
| Highest slab rate | 8.00% (Maxima FD) |
| For 1 year | 7.10% |
| For 2 years | 7.00% |
| For 3 years | 7.10% |
| For 4 years | 7.00% |
| For 5 years | 7.00% |
*The interest rates are updated as of July 2026
Equitas Small Finance Bank FD Interest Rates
Equitas FD Interest Rates on Domestic/NRO/NRE Deposits of Less than ₹3 Crore w.e.f. 16 June 2026
| Tenure | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 7 – 14 days | 3.50 | 4.00 |
| 15 – 29 days | 3.50 | 4.00 |
| 30 – 45 days | 4.00 | 4.50 |
| 46 – 62 days | 4.75 | 5.25 |
| 63 – 90 days | 4.75 | 5.25 |
| 91 – 120 days | 5.25 | 5.75 |
| 121 – 180 days | 5.25 | 5.75 |
| 181 – 210 days | 6.35 | 6.85 |
| 211 – 270 days | 6.35 | 6.85 |
| 271 – 364 days | 6.35 | 6.85 |
| 1 year to 443 days | 7.10 | 7.60 |
| 444 days | 7.10 | 7.60 |
| 445 days to 18 months | 7.10 | 7.60 |
| 18 months 1 day to 2 years | 7.00 | 7.50 |
| 2 years 1 day to 776 days | 7.10 | 7.60 |
| 777 days | 7.10 | 7.60 |
| 778 days to 887 days | 7.10 | 7.60 |
| 888 days | 7.75 | 8.25 |
| 889 days to 3 years | 7.10 | 7.60 |
| 3 years 1 day (Maxima FD) | 8.00 | 8.50 |
| 3 years 2 days to 4 years | 7.00 | 7.50 |
| 4 years 1 day to 5 years | 7.00 | 7.50 |
| 5 years 1 day to 10 years | 7.00 | 7.50 |
Notes:
- The minimum tenure of NRE is 1 year.
- Additional senior citizen interest of 0.50% p.a. is not applicable on NRE & NRO fixed deposits.
Features of Equitas SFB FD Schemes
- Deposits available for tenures ranging from 7 days to 10 years.
- Minimum deposit amount as specified by the bank for different FD schemes.
- Investment opportunities offered to resident, NRE, and NRO clients.
- Extra interest of 0.50% p.a. on senior citizen domestic fixed deposits.
- FDs with special tenure like Maxima FD have a higher interest rate.
- Choice of cumulative and non-cumulative fixed deposits.
- Eligible deposits have the option of auto-renewal.
- Loan and overdraft facilities offered against the eligible fixed deposits.
- Nomination facility for individual depositors.
Premature Withdrawal of Fixed Deposits – Penalty Charges
- A 1% penalty is deducted from the applicable interest rate on eligible premature withdrawals.
- No penalty is charged on regular fixed deposits with a tenure of more than 6 months, Selfe FDs completed 180 days or more, Senior Citizen Selfe FDs, and other eligible senior citizen FDs opened on or after 2 December 2019.
- Premature withdrawal is not permitted for FDs of ₹1 crore and above booked on or before 28 February 2019 and FDs of ₹2 crore and above booked on or before 1 March 2019.
- Partial premature withdrawal is not available for deposits booked under preferential interest rates.
- Premature and partial withdrawals are not allowed for fixed deposits with a monthly interest payout.
FD Calculator
An Equitas Small Finance Bank FD calculator assists in determining how much money one will receive after maturity and the interest one will receive depending on the amount invested, the period of maturity and the interest rate charged.
To calculate your estimated returns, enter:
- Deposit amount
- FD tenure
- Applicable interest rate
- Interest payout option (cumulative or non-cumulative, if applicable)
The calculator instantly estimates the total maturity value and interest earnings, helping investors compare different investment tenures before opening an FD.
FAQs
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What is the maximum FD interest rate of Equitas Small Finance Bank?
Equitas Small Finance Bank provides an interest rate of 8.00% p.a. for regular citizens and 8.50% p.a. for senior citizens on the 3 years 1 day Maxima FD. -
What is the interest rate on 1-year Equitas FD?
The bank provides 7.10% p.a. to regular citizens and 7.60% p.a. to senior citizens on deposits between 1 year to 443 days. -
Do senior citizens get additional interest on Equitas FDs?
Yes. Senior citizens who are eligible get an extra 0.50% p.a. on domestic fixed deposits. However, this is not the case with NRE and NRO fixed deposits. -
Is Equitas Small Finance Bank providing NRE fixed deposits?
Yes. Equitas Small Finance Bank provides NRE fixed deposits with a minimum tenure of 1 year. -
Would I be able to withdraw my Equitas FD before maturity?
Yes. Premature withdrawal can be made, with the applicable interest rate and penalty charges as per the bank policy. -
Is it possible to take a loan on my Equitas FD?
Yes. Equitas Small Finance Bank offers loan and overdraft services using eligible fixed deposits on the terms and conditions of the bank.
FD Calculator
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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
* The Guaranteed Returns are dependent on the policy term and premium term availed, along with the other variable factors. The 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and premium term of 10 years with a Rs . 20,000 monthly instalment premium. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year, and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
** The Life Cover amount varies as per plan specifications. Please read the policy document for details.
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
##The Guaranteed Returns are dependent on the policy term and premium term availed along with other variable factors. 7.4% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and a premium term of 10 years with ₹5,00,000 annually installment premium. All plans listed here are from insurance companies’ funds.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ