Yes Bank hikes FD interest rates: These investors can earn up to 8.25% fixed deposit rate

Yes Bank has hiked fixed deposit interest rates for deposits below Rs 2 crore on certain tenures by 10 basis points (bps). After the revision, the bank offers interest rates between 3.25% to 7.75% to general citizens. For senior citizens, the bank offers 3.75% to 8.25%, according to the Yes Bank website.

Latest Yes Bank FD Rates

The bank is now offering an interest rate of 3.25% on domestic term deposits maturing in 7 to 14 days, and Yes Bank is now offering an interest rate of 3.70% on domestic term deposits maturing in 15 to 45 days. Yes Bank is presently giving 4.10% interest on deposits maintained for 46 to 90 days and 4.75% interest on deposits held for 91 to 180 days.


Deposits maturing in 181 to 271 days will now yield 6.10% interest from earlier 6%, while deposits maturing in 272 to 1 year will receive 6.35% interest from previous 6.25%. Yes Bank will offer a rate of 7.50% on FDs due between 1 year to less than 18 months, and a rate of 7.75% on FDs maturing between 18 months to less than 36 months. The bank has added new tenure with maturities ranging from 36 to 60 months and will earn a 7.25% interest rate.

Deposits with maturities of between 60 and 120 months will fetch an interest rate of 7%.

Tenure	Regular	Senior Citizens***
	Interest Rates	Interest Rates
7 days to 14 days	3.25%	3.75%
15 days to 45 days	3.70%	4.20%
46 days to 90 days	4.10%	4.60%
91 days to 120 days	4.75%	5.25%
121 days to 180 days	5.00%	5.50%
181 days to 271 days	6.10%	6.60%
272 days to < 1 year	6.35%	6.85%
1 Year to < 18 Months	7.50%	8.00%
18 Month < 36 Months	7.75%	8.25%
36 months to < 60 months	7.25%	8.00%
60 months to <= 120 months	7.00%	7.75%

Senior citizens
The bank offers the highest interest rate of 8.25% on tenure of 18 months to less than 36 months.

Premature Penalty on Fixed Deposits
Premature withdrawal penalty shall be applicable on all deposits booked / renewed for amount less than Rs 5 crore as per the below table.
Penalty Structure for Fixed Deposits with value less than INR 5 Cr:

Tenure of Fixed Deposit (Completed)	Penalty Rate
	w.e.f. 5th July 2019	w.e.f. 16th May 2022*	w.e.f. 08th August 2022*
Less than equal to 181 days	Nil	0.25%	0.50%
182 days and above	0.50%	0.50%	0.75%