Product Details
Bank Name
Equitas Small Finance Bank
Account Name
Eva Saving Account
Account Type
Saving
Interest Rate
Upto 1 Lakh - 3.5% Above 1 Lakh And Upto 5 Lakh 5.5% Above 5 Lakh And Upto 5 Crore 7%
Free Debit Card
No
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
0
Debit Card Charges
INR 150
NEFT Charges
NEFT : Upto Rs. 10,000/- Rs. 2.25, From Rs. 10,001/- to Rs. 1,00,000/- : Rs. 4.5/-, From Rs. 1,00,001/- to Rs. 2,00,000/- : Rs. 14.5/-, Above Rs. 2,00,000 : Rs. 24.5/-
IMPS Charges
Free
Fees and Charges
Eva Saving Account
Special Features
Free tele health consultation for 3 months from the date of account opening.
Eligibility Criteria
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Free tele health consultation for 3 months from the date of account opening.
Free IMPS transfer.
High interest rate on savings.
Cons
Account can not be opened digitally.
No concessional rates for loans for women.
Limited branch and ATM network.
Equitas Eva Saving Account Review
The account offers a high interest rate. The value add features offered by the bank are minimal. The bank has limited branch and ATM network. Overall it is a good option for individuals who bank online and are looking for bank offering high interest rate.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Account Opening and Procedure
How to open an Account?
Visit an Equitas Bank Branch: Go to the nearest Equitas Bank branch.
Obtain an Application Form: Request an EVA Savings Account application form from the bank staff.
Fill Out the Form: Complete the form with your personal and financial details.
Submit Documents: Submit the filled-out form along with the required documents.
Initial Deposit: Make the required initial deposit (if any).