7% interest to ‘special’ people on savings account, this bank is offering lots of freebies

November 17, 2020

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More interest on savings account

More interest on savings account On
one hand, most banks are cutting interest rate on savings account, while Equitas Small Finance Bank (ESFB) has launched a big offer for a particular category. In this offer, the interest rate of savings account is not only high, but there are many other special gifts as well.

Seven percent interest rate

Seven percent interest rate In
fact, Equitas Small Finance Bank (ESFB) has announced to start an ‘EVA’ savings account for women with a seven percent interest rate. This means that if you keep the money in the bank’s savings account, you will get interest at the rate of seven percent. This is only for the female section.

What the
bank said The bank said in a statement that EVA is a unique savings account. It seeks the well-being of Indian women in every aspect like health, wealth and prosperity.
Not only these facilities will be available , the bank also provides free health check-up and unlimited tele-counseling to women customers with savings account along with doctors, gynecologists and mental health experts.

In addition to the rebate in gold loans, it also offers PF rebate and discounts on gold loan rates for women customers. The bank has announced women cricketer Smriti Mandhana as the new brand ambassador.

The ban was imposed by the RBI in
the first week of this month, the Reserve Bank of India removed all restrictions on Equitas Small Finance Bank. There was also a ban on opening new branches in it. Now Equitas Small Finance Bank can open a new branch.

The operation started in September 2016, the
removal of the ban will also help the bank to increase business. Explain that the operation of Equitas Small Finance Bank started in September 2016. At the same time, the listing was done in this year i.e. 2020.