Equitas Small Finance Bank (SFB) has announced a change in interest rates of its fixed deposit. According to the information received from the bank's website, the interest rates of fixed deposits have been changed at less than 3 crore.
Let us tell you that the new interest rates have been implemented from April 7, 2025. Earlier, general customers were getting 8.25% interest rates from 7 days to 10 years from 7 days to 10 years by the bank and 4% to 9% interest rate to senior citizens.
But now on 7 days to 10 years of tenure, general customers are getting 8.05% interest rate and senior citizens are getting 3.5% to 8.55% interest rate. Customers are getting 3.5% interest rates at 7 to 29 days of tenure, 4% on 30 to 45 days and 4.5% interest rate on 46 to 62 days tenure. Senior Citizens are getting an additional 0.50% Interest Rate on the regular fix deposit scheme.