Key Takeaways

You can enjoy a high-interest yield of up to 7% p.a. on your daily balances with Equitas Bank savings accounts, which is significantly better than most traditional banks.
You do not have to worry about monthly costs because Equitas Bank savings accounts come with zero maintenance charges.
You can complete your equitas zero balance account opening online in under 3 minutes using just your Aadhaar and PAN cards.

Paisa bachana toh sabko aata hai, par kya aapka paisa khud badh raha hai? You should feel happy because your money grows bigger every single day without any extra work. You get a better deal when you choose the right partner for your money.

A savings account is a licensed financial agreement where a bank pays you a fixed percentage of interest in exchange for holding your deposits.

I found that if I maintain a balance of ₹12,00,000 in my account, I qualify for the 6.50% interest bracket. This results in me earning ₹78,000 in interest over a year, which is much higher than standard savings rates. You can easily achieve similar growth by picking the right slab for your savings. Let us look at how these rates apply to your balance.

Latest Equitas Bank Saving Account Interest Rates 2025-26

You should stay updated with the latest Equitas Bank saving account interest rates to maximize your earnings. The bank calculates your interest on your daily closing balance and credits it to your account every quarter.

Balance Slab	Interest Rate (p.a.)
Up to ₹5,00,000	2.75%
Above ₹5,00,000 to ₹10,00,000	3.50%
Above ₹10,00,000 up to ₹25,00,00,000	6.50%
Above ₹25,00,00,000	7.00%

You can see how these competitive slabs empower you to earn significantly higher returns as your savings grow.

Benefits you get with the Equitas Bank Savings Account!

You can enjoy free online fund transfers like NEFT and RTGS, ensuring you never pay extra for moving your own money. Here are some key benefits of the Equitas Bank Savings Account:

Feature	Your Advantage
High Interest	You earn up to 7% p.a. based on your balance.
No AMC	You pay zero annual maintenance charges on most accounts.
Cheque Book	You get 25 free cheque leaves every quarter.
Digital Perks	You can manage everything via the Equitas 2.0 app.

You will find that the flexibility of these features helps you manage your monthly budget.

Equitas Bank Savings Account Fees & Charges

You should keep track of certain limits for ATM usage and cheque requests while most essential services are free.

Service	Charges
Maintenance Fee	NIL
Equitas ATM	Unlimited Free
Other Bank ATM	3 (Metro)/5 (Non-Metro) Free
Debit Card Fee	₹125 to ₹499 (Depending on Card)

You can find the detailed charges on the Equitas Bank savings account here:

Pick the Best Equitas Bank Savings Account Types for You!

You have multiple options to choose from, depending on your lifestyle and saving habits. Equitas has a customized Equitas savings account for your needs, whether you want a digital-only experience or a premium banking relationship.

Account Type	Who is it for?	Standout Feature
Selfe Savings	Digital-savvy users	Instant equitas zero balance account opening online.
Eva Savings	Women	25% discount on locker rentals and telehealth.
Wings Savings	High-value savers	₹10 Lakh personal accident insurance cover.
Regular Savings	General individuals	Low minimum balance and no maintenance fees.
Enjoi Savings	Kids (10+)	Helps you teach your children about saving.

You can choose the Elite program if you want luxury banking with airport lounge access and a dedicated relationship manager for your family.

Bonus Tip: Do you know? Equitas Small Finance Bank was recognised by the President of India for its slum development work, and contributes up to 5% of profits to social causes.

Conclusion

Equitas Bank savings accounts stand out mainly because of their higher interest slabs and zero maintenance structure. The daily balance method ensures that even short-term funds earn interest efficiently. Equitas offers flexibility along with competitive returns, with multiple account variants designed for different user needs.

FAQs on Equitas Bank Saving Account Interest Rates

Q1: Is my money safe with Equitas Small Finance Bank since they offer such high rates?

Yes, your money is very safe. Equitas Bank is a Scheduled Commercial Bank regulated by the RBI. Just like any major bank, your deposits are insured up to ₹5,00,000 by the DICGC, which is a part of the RBI.

Q2: Why should I choose Equitas Bank over big banks like SBI or HDFC that offer lower rates?

You should consider Equitas Bank if you want to earn almost double the interest on your idle cash. Equitas provides up to 7% while big banks offer 3% to 3.5%. Additionally, Equitas often waives penalties for not maintaining a minimum balance, which gives you more freedom with your funds.

Q3: Which bank is best for keeping my emergency funds right now?

Equitas Bank is a top choice for emergency funds because it offers high interest while keeping your money “liquid,” meaning you can withdraw it anytime. You earn a high return without locking your money in a fixed deposit.

Q4: How do I decide which savings account to open at Equitas Bank?

You should choose based on your lifestyle. If you want a quick start, the Selfe account is best. If you are a woman, the Eva account offers extra health and locker benefits. Always check if the account features match your daily spending habits.

Q5: What should I do if I have a problem with my Equitas Bank savings account?

You can reach Equitas Bank customer care 24/7 at their toll-free number 1800-103-1222. They also have a helpful virtual assistant named “Aidy” on their website and WhatsApp to solve your queries instantly.