Equitas Small Finance Bank RD Interest Rates

Equitas Small Finance Bank RD (Recurring Deposit) Interest Rate 2026

small finance

Equitas Small Finance Bank RD Interest Rates May 2026

TenureNormal Citizen RD RateSenior Citizen RD Rate
12 Months to 18 Months8.20%8.70%
1 Year 3 Months8.20%8.70%
1 Year 6 Months8.20%8.70%
1 Year 9 Months7.75%8.25%
2 Years7.75%8.25%
2 Years 6 Months8.00%8.50%
3 Years8.00%8.50%
4 Years7.50%8.00%
5 Years7.25%7.75%
7 Years 6 Month7.25%7.75%
10 Years7.25%7.75%

Note: All interest rates shown above are as on 1st November 2023

Equitas Small Finance Bank RD Scheme Details

Tenure
12 Months to 10 Years
Public Interest Rates
7.25% to 8.20%
Senior Citizen Interest Rates
8.25% to 8.70%
Minimum Deposit Amount
Rs. 1000
Premature Withdrawal
1% of deposit
Highest Rates for Public
8.20%
Highest Rates for Senior Citizen
8.70%

Equitas Small Finance Bank Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 8.00%For 5 years with interest of 7.25%
₹ 50,000₹ 1,51,996₹ 2,54,540
₹ 1 lakh₹ 3,03,991₹ 5,09,081
₹ 2 lakh₹ 6,07,982₹ 10,18,162
₹ 5 lakh₹ 15,19,956₹ 25,45,404
₹ 10 lakh₹ 30,39,912₹ 50,90,808

Compare Equitas Small Finance Bank vs Punjab National Bank Recurring Deposit

vs
Punjab National Bank
Equitas Small Finance Bank
Equitas Small Finance Bank
Maturity Amount₹ 3,03,991₹ 3,02,621
Total Investment Amount₹ 3,00,000₹ 3,00,000
Total Interest Gained₹3,991₹ 2,621

Compare RD Interest Rates of Other Banks

Bank NameRD Interest Rates
bank-0
Punjab National Bank		4.40% to 6.50%
bank-1
City Union Bank		5.75% to 6.50%
bank-2
BOI Bank		4.50% to 6.50%
bank-3
Canara Bank		5.25% to 6.90%
bank-4
Indian Bank		3.50% to 6.70%
bank-5
BOB Bank		4.50% to 7.05%
bank-6
Central Bank of India		4.50% to 6.75%
bank-7
Karur Vysya Bank		6.00% to 7.00%
bank-8
Union Bank of India		4.30% to 6.70%
bank-9
Tamilnad Mercantile Bank		5.75% to 7.00%
bank-10
Karnataka Bank		5.25% to 7.00%
bank-11
Dhanlaxmi Bank		6.50% to 6.75%
bank-12
South Indian Bank		4.50% to 6.50%
bank-13
Federal Bank		5.00% to 7.30%
bank-14
Bank of Maharashtra		4.50% to 6.00%
bank-15
Indian Overseas Bank		4.50% to 6.80%
bank-16
UCO Bank		4.50% to 6.50%
bank-17
RBL Bank		4.75% to 7.50%
bank-18
State Bank of India		4.50% to 7.00%
bank-19
IDBI Bank		4.50% to 6.80%
bank-20
Axis Bank		4.75% to 7.10%
bank-21
HDFC Bank		4.50% to 7.10%
bank-22
ICICI Bank		4.75% to 7.00%
bank-23
Indusind Bank		4.75% to 7.50%
bank-24
Kotak Mahindra Bank		4.00% to 7.10%
bank-25
Yes Bank		5.00% to 7.75%
bank-26
Bandhan Bank		4.50% to 7.25%
bank-27
IDFC First Bank		5.00% to 7.50%
bank-28
Capital Small Finance Bank		4.75% to 7.15%
bank-29
Ujjivan Small Finance Bank		4.75% to 7.50%
bank-30
Fincare Small Finance Bank		5.75% to 8.25%
bank-31
ESAF Small Finance Bank		5.25% to 8.50%
bank-32
North East Small Finance Bank		4.00% to 7.50%
bank-33
Suryoday Small Finance Bank		5.00% to 8.50%
bank-34
Utkarsh Small Finance Bank		6.50% to 8.00%
bank-35
Jana Small Finance Bank		4.00% to 8.50%
bank-36
DBS Bank		3.00% to 7.50%
bank-37
Post Office		6.90% to 7.50%
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Calculate Equitas Small Finance Bank Returns

36
3.2 %

₹1,00,000

Total Investment

0

Wealth Gained

₹0

Maturity Amount

Invest in SIP to earn ₹37,83,253 moreExplore Best SIP Plans

Frequently Asked Questions

As of today, May 06, 2026, the current Equitas Small Finance Bank RD rates range from 7.25% to 8.20% for general citizens and from 8.25% to 8.70% for senior citizens.

Equitas Small Finance Bank RD account can be opened with a minimum deposit of Rs. 1000 with tenure ranging 12 Months to 10 Years. Equitas Small Finance Bank recurring deposit account can be opened online or by visiting Equitas Small Finance Bank branches with any ID proof like PAN card, Aadhar card, voter ID, or driving licence etc.

You can close your RD a/c online through "Close A/c" tab or by visiting the branch, this may cost you a penalty. The current premature closer penalty in Equitas Small Finance Bank RD is 1% of deposit.

The maturity amount in Equitas Small Finance Bank recurring deposit account can be calculated by using A = P x(1 + R / N) ^ (NT) formula.
Where:
A: Maturity Amount
P: Recurring Deposit Amount
N: Number of times the interest is compounded
R: annual interest rate
T: Tenure
Example:
If you open recurring deposit account at the Equitas Small Finance Bank for 5 years and planed to invest INR 50,000.The current Equitas Small Finance Bank RD interest rate for 5 year is 7.25%.So using the above formula the maturity amount will be - Rs. 36,20,469.

The Equitas Small Finance Bank recurring deposit for 12 months or 1 year is 8.70% for senior citizen and 8.20% for others.

The Equitas Small Finance Bank RD account can be opened with as low as INR Rs. 1000 per month. Also, there is no limit on the maximum amount for investment in a Equitas Small Finance Bank RD.

The current highest Equitas Small Finance Bank rd rate is 8.20% p.a. for normal citizen and 8.70% p.a. for senior citizens in India.