Equitas Small Finance Bank introduces Current Account with 'Sweep In Sweep Out' FD
Capital MarketEquitas Small Finance Bank has introduced current account with 'sweep in and sweep out' fixed deposit for [entrepreneurs, self-employed professionals and businessmen. With [24 x 7 cash deposit facility], customers also get interests on idle funds with Sweep In Sweep Out Fixed
Deposit (FD). Customers can choose from 3 different product variants based on their need. [Equitas Current Account offers 50% waiver on balance in semi-urban and rural branches; and 50% waiver of balance for women proprietors in Metro & Urban Areas - *for specific Current
Account variants.]
The key features of Equitas Current Account with Sweep In Sweep Out FD are:
Automatic transfer of excess balance into Sweep FD for 90 days
Weekly sweep out frequency for FDs
No Premature Penalty for Sweep In Sweep Out FD
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