Equitas Small Finance Bank FD Calculator

Equitas Small Finance Bank Fixed Deposits Explained

Equitas Small Finance Bank offers retail term deposits from 7 days to 10 years. It grew out of Equitas Microfinance, received a small finance bank licence and began banking operations in 2016, and the category matters more than the brand here: small finance banks are licensed by the RBI to serve underbanked segments and typically price deposits above universal banks to attract funding — while carrying exactly the same DICGC cover of ₹5 lakh per depositor per bank.

Equitas FD Schemes You Can Open

The deposit range is straightforward, separated by interest treatment:

• •Cumulative deposit — Interest compounds quarterly and is paid with the principal at maturity — the structure the calculator above models.
• •Non-cumulative deposit — Interest is credited monthly or quarterly instead of compounding, lowering the total at the same rate.
• •Tax-saving deposit (5-year) — Qualifies under Section 80C within the ₹1,50,000 annual ceiling, locked for the full term.
• •Senior citizen variant — Carries the increment extended to resident depositors aged 60 and above.

Equitas FD Tenure Slabs and Deposit Rules

Tenure decides how the interest is worked out, not just how long the money is tied up. Below roughly six months there is no completed quarter, so interest is simple; past that it compounds quarterly.

How to Check Equitas FD Interest Rates

Equitas FD rates are quoted per tenure slab and revised as policy and funding needs shift, so a one-year and a three-year deposit opened on the same morning can price differently.

Equitas publishes its deposit card on equitasbank.com and inside its mobile app, quoted per tenure bucket with a separate senior citizen column. Equitas Bank FD rates are quoted per tenure bucket with the senior citizen increment listed alongside.

Take the current Equitas Small Finance Bank fixed deposit rates for your exact tenure from the official card, then enter that number above.

What Is Specific to an Equitas FD

• •A small finance bank licence, not a universal banking one — the category is designed for underbanked segments and typically prices deposits higher.
• •DICGC cover is identical to a large bank at ₹5 lakh per depositor per bank, which is the key fact for anyone weighing the higher rate against safety.
• •Staying within the ₹5 lakh insured limit per bank is the standard way depositors use small finance bank rates without taking issuer risk.
• •Grew out of Equitas Microfinance, beginning banking operations in 2016.
• •Senior citizens receive an increment on eligible tenures.

Take the rate Equitas quotes for your chosen tenure and enter it above to see the exact maturity value and the year-by-year interest accrual.

Compare lenders on the master FD calculator, or a monthly commitment on the RD calculator.