Mumbai: Equitas Small Finance Bank Limited (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), becomes the official retail banking partner for Chennai Super Kings.
The Bank becomes the official retail banking partner for the Chennai Super Kings Indian Premier League (IPL) team and offers various product offerings for its customers. The offering includes Video KYC, Higher interest rates on Fixed Deposits than before and Savings Account to name a few.
Mr. Murali Vaidyanathan, President & Country Head – Branch Banking, Liabilities, Product & Wealth, Equitas Small Finance Bank Ltd., said, “Equitas SFB is happy to announce its appointment as official retail banking partner of Chennai Super Kings which is one of the most followed franchisee in the IPL with lot of followers. We believe that becoming an official retail banking partner of Chennai Super Kings gives us an opportunity to reach a larger audience which follows the Indian Premier League. We believe, like the game of cricket which is being followed by people across various ages, the various product offering of Equitas SFB also is equipped to cater to all customer needs.”
Mr. KS Viswanathan, CEO, Chennai Super Kings said “We are delighted to have Equitas Small Finance Bank back as our official retail banking partner and are hopeful of a long and fruitful association.”
Just like the marquee player of Chennai Super Kings, Mr. Mahendra Singh Dhoni who dons the Number 7, similarly the Bank offers its customers with 7.35% interest per annum on FD for 888 days and 0.60% extra for Senior Citizens.
Mr. Murali Vaidhyanathan also adds, “Apart from offering competitive rates in the industry for customers we have also leveraged smart digital adoption of tech to free customers from physical contact or visits to branches. We believe Selfe FD is ideal for ‘Do-It-On-My-Own’ generation. These products offers customers to park their idle funds while earning interest”