Yes Bank has introduced a special fixed deposit programme from October 12, 2022 for amounts below Rs,2 crore. The maximum interest rate offered is up to 7.25% for general citizens and 7.75% for senior citizens.
The tenure of the special FD is in the range of 20 months to less than 22 months.
Latest Yes Bank FD interest rates Yes Bank has revised its fixed deposit interest rates for amounts below Rs 2 crore with effect from October 12, 2022. The bank will now offer interest rates between 3.25% and 6.75% on tenures ranging from 7 days to 10 years. The bank will pay an interest rate of 3.25% on fixed deposits that mature in 7 to 14 days, and 3.70% for 15 to 45 days tenure. A 4.10% interest rate is applicable on deposits maturing in 46 days to 90 days, and a 4.75% interest rate will be charged on deposits maturing in 3 months to 6 months.
On FDs maturing in 6 months to 9 months and in 9 months to 1 year, Yes Bank is giving interest rates of 5.50% and 5.75%, respectively. For FDs maturing in 1 year to 18 months and in 18 months to 120 months, Yes Bank will offer interest rates of 6.25%. The bank will offer 6.75% interest on FDs maturing 18 months to less than 20 months, 22 months 1 day to less than 36 months and 36 months to less than120 months.
YES Bank FD interest rates Yes Bank offers senior citizens an additional interest rate of 50 basis points and 75 basis points on select tenures.
Key features of Yes bank FD scheme
Tenure ranging from 7 Days to 10 Years
Assured interest rates, independent of market
Sweep-in & Sweep-out facility available
FD can be pre-matured in multiple of Rs 1 with sweep-in facility
Get Overdraft facility up to 90% of your Principal Fixed Deposit amount
Re-investment FD option to get quarterly compounding interest
Get regular income with monthly/quarterly payout options
Option to get FD auto-renewed, so you need not worry for tracking the maturity date
