We take this chance to want all our NRI purchasers to remain secure and revel in finest returns on their hard-earned cash. We wish them to hitch our Save India save marketing campaign and make most out of their financial savings.”
Chennai — Equitas Small Finance Bank, a famend and trusted microfinance lender working beneath Equitas which was launched in 2007, continues to supply the best-in-class deposit product suite that units it other than others when it comes to financial savings accounts, mounted deposits or recurring deposits, with profitable rates of interest.
At present, the bank is working profitable “Save India Save” marketing campaign that goals to encourage NRIs and PIO clients to deposit their hard-earned cash with a 7 per cent rate of interest on balances above Rs1 lakh, and elevated charges on increased balances.
It presents full liquidity to buyers at any time limit. Moreover, the curiosity is credited to the bank account on a quarterly foundation, thereby providing yield IRR equal of seven.19 per cent on the account steadiness itself. The annualised yield additional will increase as much as 7.55 per cent on mounted deposit.
“On NRE savings and deposits, this interest is not taxed in India and is fully repatriable — thereby highly lucrative for NRIs from GCC. For customers remitting money to India, we offer highly competitive foreign exchange rates to ensure that NRIs get a good deal while converting their hard-earned money into Indian Rupees. We offer zero maintenance charges on all our bank accounts and provide deposit locker facility at our branches in India,” stated Shri. Murali Vaidyanathan, president and nation head – liabilities, product and wealth administration, Equitas Small Finance Bank.
The bank has a superlative digital banking platform providing on-line providers by way of Web in addition to cell banking software. Equitas NRI clients can function their accounts — from making mounted deposits to executing fund transfers — from any a part of the world with ease. They’ll additionally attain out to Equitas Digital Relationship Managers simply by way of WhatsApp from their registered cell numbers.
“To ensure ease access for initiating banking relationship, we have opened Non-Face-to-Face Account Opening Facility for all GCC countries. This means, that GCC customers can start availing our offer with easy documentation and without physically visiting our office. To ensure customer service of highest standards – we have created a dedicated channel in the bank,” Vaidyanathan stated.