Bank FD Comparison Tool
Dhanlaxmi Bank vs Equitas Small Finance Bank Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between Dhanlaxmi Bank (Private Sector) and Equitas Small Finance Bank (Private Sector).
Dhanlaxmi Bank
Private Sector
VS
Equitas SFB
Private Sector
Dhanlaxmi Bank: Min ₹1,000
Equitas SFB: Min ₹1,000
DICGC Insured up to ₹5 Lakhs
Compare Your FD Returns
Adjust the parameters below to see how returns compare between the two banks
₹
Five Lakhs rupees
₹1,000₹20,00,000
years
1 year10 years
Interest Rate Comparison
Interest Rates by Tenure
General rates across different tenures
Current selection: 3 years (1095 days) -Dhanlaxmi Bank: % |Equitas SFB: %
Side-by-Side Rate Comparison
Direct comparison of general rates
Dhanlaxmi Bank
Equitas SFB
Highlighted = Your selected tenure
Feature Comparison
Features | Dhanlaxmi Bank Private Sector | Equitas SFB Private Sector |
|---|---|---|
Minimum FD Amount | ₹1,000 | ₹1,000 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
Dhanlaxmi Bank
Private Sector Bank
Key Advantages:
Private sector bank
Competitive interest rates
Digital banking services
Online FD booking facility
Senior citizens get +0.50% additional interest for deposits of 1 year and above
Special schemes: 300 Days, 370 Days
Rates effective from 28.11.2025
Equitas Small Finance Bank
Private Sector Bank
Key Advantages:
Small Finance Bank with competitive rates
Special 888 days FD scheme with 7.80% for senior citizens
High FD rates up to 7.60% for senior citizens
Digital banking services
Online FD booking available
Senior citizen benefits with +0.50% additional interest
Important: Fixed Deposit Safety & Insurance Coverage
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.
⚠️ Recommendation:
Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.
Smart Distribution Strategy
For ₹10 lakhs: Split between Dhanlaxmi Bank (₹5L) + Equitas SFB (₹5L)
For ₹15 lakhs: Add a third bank to the mix
💡 Pro Tip:
You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.
Key Insights & Recommendations
Choose Dhanlaxmi Bank If:
- •Minimum amount: ₹1,000
- •Private Sector banking preference
- •Private sector bank
- •Competitive interest rates
- •Digital banking services
Choose Equitas SFB If:
- •Minimum amount: ₹1,000
- •Private Sector banking preference
- •Small Finance Bank with competitive rates
- •Special 888 days FD scheme with 7.80% for senior citizens
- •High FD rates up to 7.60% for senior citizens
Best Strategy:
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Compare rates before investing
- •Consider branch convenience
- •Review rates periodically
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