Equitas Bank Targets NRIs, Seafarers

  Published 10 months ago

Equitas Small Finance Bank launches FCNR Deposit and Explorer Savings Account to serve NRIs and seafarers with tailored solutions.

  • FCNR (B) Deposit in USD offers tax-free interest, full repatriation, and protection from forex fluctuations for global Indians.
  • Explorer Savings Account supports online access, international transactions, and flexible documentation, catering to seafarers’ unique banking needs.
  • Equitas aims to expand NRI banking with digital services, competitive rates, and a strong physical presence across 18 Indian states.

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