Equitas 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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