Bank RD Comparison Tool
Dhanlaxmi Bank vs Equitas Small Finance Bank Recurring Deposit Comparison 2026
Compare Recurring 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 ₹100
Equitas SFB: Min ₹100
DICGC Insured up to ₹5 Lakhs
Compare Your RD Returns
Adjust the parameters below to see how returns compare between the two banks
₹
Five Thousand rupees
₹100₹50,000
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 RD Amount | ₹100 | ₹100 |
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: Recurring 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 includes both principal and accrued interest for RDs.
⚠️ Recommendation:
Keep your total deposits (RDs + FDs + Savings) under ₹5 lakhs per bank. If you need larger investments, distribute them across multiple banks.
Smart Distribution Strategy
Multiple RDs: Open RDs in both Dhanlaxmi Bank and Equitas SFB
Family Accounts: Use different family members' accounts for additional coverage
💡 Pro Tip:
RDs are perfect for goal-based investing. You can open separate RDs for different financial goals across different banks to maximize returns and safety.
Key Insights & Recommendations
Choose Dhanlaxmi Bank If:
- • Minimum amount: ₹100
- • Private Sector banking preference
- • Private sector bank
- • Competitive interest rates
- • Digital banking services
Choose Equitas SFB If:
- • Minimum amount: ₹100
- • 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:
- • Open multiple RDs for different goals
- • Keep ≤₹5L per bank for insurance
- • Compare rates before investing
- • Consider branch convenience
- • Review rates periodically
Explore more RD comparisons
Jump to other recurring deposit comparisons using these quick links.
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Compare Equitas SFB with other banks
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