Multi-temporal Synthetic Aperture Radar Interferometry (MT-InSAR) is the only geodetic technique allowing to measure ground deformation down to mm/yr over continuous areas. Vegetation cover in equatorial regions favors the use of L-band SAR data to improve interferometric coherence. However, the electron content of ionosphere, affecting the propagation of the SAR signal, shows particularly strong spatio-temporal variations near the equator, while the dispersive nature of the ionosphere makes its effect stronger on low-frequencies, such as L-band signals. To tackle this problem, range split-spectrum method can be implemented to compensate the ionospheric phase contribution. Here, we apply this technique for time-series of ALOS-PALSAR data, and propose optimizations for low-coherence areas. To evaluate the efficiency of this method to retrieve subtle deformation rates in equatorial regions, we compute time-series using four ALOS-PALSAR datasets in contexts of low to medium coherence, showing slow deformation rates (mm/yr to cm/yr). The processed tracks are located in Ecuador, Trinidad and Sumatra, and feature 15 to 19 acquisitions including very high, dominating ionospheric noise, corresponding to equivalent displacements of up to 2 m. The correction method performs well and allows to reduce drastically the noise level due to ionosphere, with significant improvement compared with a simple plane fitting method. This is due to frequent highly non-linear patterns of perturbation, characterizing equatorial TEC distribution. We use semivariograms to quantify the uncertainty of the corrected time-series, highlighting its dependence on spatial distance. Thus, using ALOS-PALSAR-like archive, one can expect a detection threshold on the Line-of-Sight velocity ranging between 3 and 6 mm/yr, depending on the spatial wavelength of the signal to be observed. These values are consistent with the accuracy derived from the comparison of velocities between two tracks in their overlapping area. In the case studies that we processed, the time-series corrected from ionosphere allows to retrieve accurately fault creep and volcanic signal but it is still too noisy for retrieving tiny long-wavelength signals such as slow (mm/yr) interseismic strain accumulation.