Equitas Small Finance Bank is a small finance bank, Incorporated in 1993. Equitas Small Finance Bank Limited (ESFBL), is headquartered in Chennai. It was India’s largest small finance bank in the fiscal year 2019. It is the second-largest financial bank in terms of managed assets and total deposits.
unlike, other micro-finance organizations. It grew its loan portfolio and reduced its dependence on micro-finance companies.
The microfinance business mainly targets major and unreserved customers. It also provides various banking financial products and services.
The company gives micro-finance loans increasing financial inclusion, housing finance, vehicle finance, and MSE finance. It provides financial products based on the customer’s income status, available guarantee types, and business characteristics.
Bank offers current accounts, savings accounts, salary accounts, other deposit accounts, mutual fund products, ATM-cum-debit cards, third-party insurance, and issuance of FASTags.
As of September 30, 2019, it has the largest distribution channel among Small Financial Banks (SFBs). It includes 853 branches and 322 ATMs in 15 states and union regions in India.
- Arun Ramanathan is the Non-Executive Independent Director and Part-time Chairman of Equitas Small finance bank.
- Vasudevan Pathangi Narasimhan is the CEO and MD
Equitas Small Finance Bank Timings & Working Hours
| Day | Business Hours |
| Equitas Small Finance Bank Timings on Weekdays (Monday to Friday) | 10:00 a.m. to 04:00 p.m. |
| Equitas Small Finance Bank Timings on Saturdays (Except 2nd and 4th Saturdays) | 10:00 a.m. to 04:00 p.m. |
| Equitas Small Finance Bank Office Timings on 2nd and 4th Saturdays | Closed |
| Equitas Small Finance Bank Office Timings on Sundays | Closed |
Equitas Small Finance Bank Lunch Timings
The Lunch hours of Equitas Small Finance Bank are mostly between 01:00 and 02:00 p.m. But, however, the bank employees take a break to serve customers who come to the bank during their lunch break.
IMPS/UPI Transfer Timings
IMPS/UPI Services available 24×7
NEFT Transfer Timings
Interbank Electronic Fund Transfer (NEFT) Services are now available 24×7 for Mobile. The Internet banking users and Branch 10:00 AM to 4:30 PM.
RTGS Transfer Timings
Real-Time Gross Settlement (RTGS) Transactions under the government for RTGS as specified by the Reserve Bank of India. RTGS transfer services are available for Mobile and Internet banking users from 7:30 AM to 4:45 PM and Branch 10:00 AM to 3:30 PM.
Read Also: 4 Ways to Check Equitas Small Finance Bank Balance
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