Equitas Small Finance Bank launched its banking operations in the year 2016 after receiving licence from RBI. It was working as a subsidary of its parent company Equitas till February 2017, after which it became a scheduled bank. The bank is growing in terms of branches and ATMs across the country, but it's already appealing to the new age population with its innovative, engaging and new way to bank
Equitas Small Finance Bank provides a new way of banking with its attractive CSK co-branded cards, yellow army advertisements and attractive welcome merchandise. Equitas Small Finance Bank is a fairly new bank but they provide varied number of products and services to their customers. They have different types of Savings account with high interest rates. Their main USP is that more than 80% of the transactions of the bank are done digitally which is in keeping with the key requirement for today's generation.
They also provide different types of deposit accounts, loans, microfinance options and various insurance options.
They are one of the 10 banks to have a tie-up with FASTag which is presently operational at 180 toll booths on national highways across the country.