🇮🇳 India

Equitas SFB Last updated2026-05-28

Equitas SFB EMI Calculator 2026 rates.

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Quick answer

Equitas SFB home loan rate starts at 9.75% (typical 11.5%) as of 2026. A ₹50 lakh loan at 11.5% over 20 years = an EMI of approximately ₹53,321/month.

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EMI Calculator

Live

Loan Amount

₹

₹25.00 L

Interest Rate (p.a.)

Tenure (years)

Monthly EMI

₹21,696

/month

Total Interest

₹27.07 L

52% of total

Total Payable

₹52.07 L

over 20 years

Principal vs Interest Split

48% principal

52% interest

✨ Live · For home, personal, auto, education loans · Excludes processing fees

📊 Current rates

Equitas SFB loan rates (May 2026)

🏠 Home Loan

9.75–14%

typical: 11.5% p.a.

💵 Personal Loan

13.5–24%

typical: 16.5% p.a.

🚗 Car Loan

10.5–16.5%

typical: 12.75% p.a.

💳 Processing Fee

1.5% of loan amount (capped at Rs. 25000)

🔁 Prepayment

Zero foreclosure charges on floating-rate home loans per RBI guidelines. 2-5% charges on fixed-rate, vehicle, and personal loans in early tenure, reducing over time.

About Equitas SFB

Why choose Equitas SFB?

Equitas Small Finance Bank completed its reverse merger with parent Equitas Holdings in 2023, simplifying its structure. It serves micro and small businesses, affordable housing borrowers, used commercial vehicle owners, and microfinance customers across 18 states. Equitas is known for its strong governance, technology adoption, and diversified loan book.

🎯 Unique angle

Product highlights

✓ used commercial vehicle buyers
✓ affordable housing borrowers
✓ small business owners
✓ microfinance clients

❓ Equitas SFB FAQ

Common questions.

Who should apply for an Equitas SFB loan?

Equitas SFB is ideal for used commercial vehicle buyers (where they hold meaningful market share), small business owners needing working capital, affordable housing borrowers (Rs. 5-30 lakh range), and women microfinance customers. Deposit rates are also higher than large banks.

How does Equitas SFB compare to traditional banks?

Equitas serves segments large banks find too risky or small - used CV, micro-LAP, and affordable housing in tier-2/3 cities. Lending rates are 100-250 basis points higher than top banks but deposit rates are 50-150 basis points better, making it a good choice for both borrowers and savers.

What is the eligibility for Equitas SFB loans?

Age 21-65, minimum income varies by product. Used CV loans need valid commercial license and vehicle in operating condition. Home loans need 20% down payment and standard documents. Self-employed accepted with bank statements or business proofs for 2+ years.

What is Equitas SFB's processing time?

Vehicle and personal loans typically disbursed in 3-7 days. Home loans take 7-15 days due to property verification. Microfinance loans (group model) processed within 5 days of group formation and training completion.

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