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Yes Bank Adjusts Interest Rates On Its FD: Check New Rates Here

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Yes Bank provides a plethora of fixed deposit (FD) schemes to the regular investors as well as senior citizens. Yes Bank provides a tenure of 7 days to 10 years on FDs and across this period the bank has now modified interest rate on its term deposits w.e.f. 8 Feb 2021. Yes Bank is now providing an interest rate of 3.50% on deposits maturing in seven to fourteen days, 4% on 15 to 45 days, and 4.5% on 46 to 90 days FDs respectively after the new update. On term deposits maturing in 3 months to less than 6 months and 6 months to less than 9 months, the bank is now giving an interest rate of 5% and 5.5% respectively. For a maturity period of 9 months to less than 1 year, the bank is currently offering an interest rate of 5.75% on deposits. Yes Bank provides both regular and senior citizens with a special interest rate on FDs maturing in a year to ten years. An interest rate of 6.25 per cent will be given on term deposits maturing in 1 year to less than 2 years. For deposits maturing in 2 years to less than 3 years and 3 years to 10 years Yes Bank is now giving an interest rate of 6.50% and 6.75% respectively.

Yes Bank Adjusts Interest Rates On Its FD: Check New Rates Here
 

Yes Bank FD Rates

You can visit the official website and login into your account in order to open an FD account at Yes Bank. To proceed further from the menu, select the Fixed Deposit option and type of FD account you are willing to open. You have to specify the deposit amount after this and choose the 'Senior Citizen' option if your age is 60 or above. Now you will have to select the tenure of deposit and interest payout frequency, once done click on 'Submit' to open your FD account successfully. To know more about the interest rates of Yes Bank FD in detail, check out the table below:

 
Yes Bank FD Rates For < 2 Crore w.e.f 08th February 2021
Tenure ROI for general public ROI for senior citizens
7 to 14 days 3.50% 4.00%
15 to 45 days 4.00% 4.50%
46 to 90 days 4.50% 5.00%
3 months to < 6 months 5.00% 5.50%
6 months to < 9 months 5.50% 6.00%
9 months to < 1 Year 5.75% 6.25%
1 years < 2 years 6.25% 6.75%
2 years < 3 years 6.50% 7.00%
3 Years to <= 10 years 6.75% 7.50%
Read more about: yes bank fd fixed deposit
Story first published: Wednesday, February 17, 2021, 14:26 [IST]
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