Equitas Small Finance Bank (the "Bank"), the largest small finance bank ("SFB") in India in terms of number of banking outlets as of March 31, 2019 (Source: CRISIL report), has launched a new product aimed at women, 'Eva', a unique savings account tries to address the well-being of Indian women in every aspect such as Health, Wealth and Prosperity.
Along with 7% interest in savings account, it also offers Free Health Check-up and unlimited teleconsultation with women doctors, gynecologists and mental health experts.
It offers PF waiver and discounted Gold Loan rates for women customers, along-with 25-50% discounts on lockers.
Eva is available for all women - salaried / homemakers / businesswomen / senior citizens / transwomen as well as Non-resident women.
The Product is based on the concept of Relationship Value, and customers will not be charged any nonmaintenance fees.
Exclusive reward points for shopping & dining on debit cards as well as for booking Recurring Deposit, makes this product the best that has been offered to women in the industry so far.
Mr. Murali Vaidyanathan, President & Country Head - Branch Banking, Liabilities, Product & Wealth, Equitas Small Finance Bank Limited said" Equitas Small Finance Bank has a past filled with moments of empowering people especially women from all sections of society through products and provisions that help them become informed, involved and independent with their financial decisions,".
Meanwhile Equitas Small Finance Bank announced Smriti Mandhana - Indian Woman cricketer as the new Brand Ambassador.
Ms. Smriti Mandhana said, "I am really glad to be an instrumental part of Equitas Small Finance Bank's motive of promoting financial empowerment to all sections of society. It is a great privilege to be associated with the brand's positioning as a socially responsible bank."
Shares of Equitas Small Finance Bank Ltd was last trading in BSE at Rs. 34.20 as compared to the previous close of Rs. 34.50. The total number of shares traded during the day was 1,46,807 and the deliverable quantity was 1,00,431.
The stock hit an intraday high of Rs. 34.70 and intraday low of Rs. 34.05.