Regular
Savings Account
Open Regular Savings Account Online with Minimal AMB, No Maintenance Charges, Attractive Interest Rates, Debit Card Rewards and more!
Account Minimum Balance of just ₹10,000
No Maintenance Charges
Reward points on your Debit Card
Account Minimum Balance of just ₹10,000
No Maintenance Charges
Reward points on your Debit Card
Regular
Savings Account
Open Regular Savings Account Online with Minimal AMB, No Maintenance Charges, Attractive Interest Rates, Debit Card Rewards and more!
Account Minimum Balance of just ₹10,000
No Maintenance Charges
Reward points on your Debit Card
Account Minimum Balance of just ₹10,000
No Maintenance Charges
Reward points on your Debit Card
Open Savings Account Online today!
Start your smart Savings Journey today! Open Savings Account online and enjoy rewarding returns of up to 7%* p.a. Get exciting discounts and rewards on your Debit Card spends, all with Zero Maintenance Charges on Savings!
Features
Earn an interest of 7%* p.a. for balances above Rs 25 Crores
Account Minimum Balance of just Rs 10,000
Our Interest Rates on Savings Accounts
w.e.f. 03rd November, 2025
Daily Closing Balance
Rate Slab
Up to ₹ 5 Lakhs
2.75%
Above Rs. 5 Lakhs up to Rs. 10 Lakhs
3.50%
Above ₹ 10 Lakhs and up to ₹ 25 Crores
6.50%
Above ₹ 25 Crores
7.00%
Interest will be calculated on the daily closing balance of the account.
Interest will be paid on quarterly basis by direct credit in the savings account.
Slabs rates are applicable on the incremental amount based on the closing balance.
Please read all terms and conditions.
Fees & Charges
Schedule of charges for Savings Accounts
w.e.f 1st June 2025.
Schedule of charges for Savings Accounts w.e.f 1st June 2025.
Average Monthly Balance (AMB)
Grouping with Family Accounts or Business
Collections
Payments
Cash Charges
Other Charges
Certificate and Report issuance
Doorstep Banking*
No. of Transactions
Average Monthly Balance (AMB)
Average Monthly Balance
₹ 10,000/- In Metro, Urban branches
₹ 5000/- in Semi-urban branches
₹ 2500/- in Rural branches
AMB Non Maintenance Charges
No charges are applicable.
*Available on request at select locations only. Taxes as applicable will be additional.
PAP: Payable At Par
NA: Not Applicable
SA: Savings Account
CA: Current Account
*Cash withdrawal failed due to insufficient funds considered as financial transaction
*ELITE Debit Card is issued to ELITE customers only, Rs. 600 charges applicable if customer no longer holds ELITE program status
Foreign Exchange Mark-up^ 3.5%
^A Forex mark-up fee of 3.5% (plus taxes as applicable) will be levied on each International transaction performed in Indian currency, at International location or
transactions carried out in Indian currency with merchants functioning in India but registered in a foreign nation. This is applicable for all debit cards issued under
CASA accounts except, Elite (Mastercard World) and Niyo (Visa Platinum). Please note this may be subject to change from time to time based on bank’s discretion.
FAQs
To open a Regular Savings Account with Equitas Small Finance Bank, you must fall under any one of the categories below.
• Resident Indians
• Non-Resident Indians (NRIs)
• Hindu Undivided Families (HUFs)
• Minors (with a guardian or self-operated if above 10 years)
Applicants must comply with KYC norms, including submission of valid identity and address proof.
Yes, you can open a Regular Savings Account online without visiting a branch. Equitas offers a simple digital on-boarding process with Video KYC facility for full KYC compliance.
You can open your account through-
• Our official website
• Equitas Mobile Banking App
• Banker on Wheels
There is no annual maintenance charges for the Regular Savings Account. However, debit card issuance and renewal may incur nominal fees:
• Rupay/VISA Classic Debit Card: Rs.199 annually
• VISA Gold Debit Card: Rs.199 annually
• Rupay/VISA Platinum Debit Card: Rs 250 annually
The Average Monthly Balance (AMB) requirement varies according to location.
• ₹10,000 in Metro/Urban branches
• ₹5,000 in Semi-Urban branches
• ₹2,500 in Rural branches
Importantly, no penalty is charged for non-maintenance of AMB.
To open a Regular Savings Account, you need to submit the following documents.
• Duly filled Account Opening Form (AOF)
• Two Passport-size Photographs
• PAN Card or Form 60 (if PAN is not available)
• Proof of Identity (e.g., Aadhaar, Passport, Voter ID)
• Proof of Address (e.g., Aadhaar, Utility Bill, Driving License)
• Proof of Date of Birth (for minors or senior citizens)
Original documents must be presented for verification.
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