Equitas Small Finance Bank has announced interest rate revision on savings accounts, fixed deposits (FDs) and recurring deposits (RDs). According to the bank’s official press release, the new rates will take effect on October 15, 2022. Customers with savings accounts will be able to earn interest ranging from 3.5% to 7% thanks to the adjustment. The highest rate for interest on fixed deposits has increased as well, reaching 7.5%. Senior folks will also get an additional 0.5%.