Yes Bank Revises Fixed Deposit Interest Rates: Check Latest Rates Here

Yes Bank offers a fixed deposit scheme for both regular and senior citizens, where they can deposit a fixed amount ranging from Rs 10,000 to Rs 2 Cr for a flexible period of 7 days to 10 years. The bank provides higher and stable deposit interest rates, as well as features such as reinvestment for a minimum of 6 months 1 day, a five-year tax-free fixed deposit, Sweep-in facility, auto-renewal, overdraft facility, online application, and more. Yes Bank has recently revised its interest rates on fixed deposits and recurring deposits which are discussed below in brief.

Yes Bank FD Rates For Regular Customers

Yes Bank modified its term deposit interest rates on November 3, 2021, and now provides a rate of 3.25 percent on deposits maturing in 7 to 14 days, 3.5 percent on deposits maturing in 15 to 45 days, and 4 percent on deposits maturing in 46 to 90 days. On term deposits maturing in 3 months to less than 6 months, Yes Bank offers 4.5 percent, and on deposits maturing in 6 months to less than 9 months, the bank offers a 5% interest rate.

The Bank offers a 5.25 percent interest rate on FDs with a maturity period of 9 months to less than one year and a 6% interest rate on term deposits with maturity duration of one year to less than three years. FDs with maturities ranging from three to less than ten years will return 6.25 percent interest to the general public as of now. For a deposit amount of less than Rs 2 Cr, here are the latest interest rates of Yes Bank on fixed deposits of regular customers.

Period	Interest rates per annum
7 to 14 days	3.25%
15 to 45 days	3.50%
46 to 90 days	4.00%
3 months to < 6 months	4.50%
6 months to < 9 months	5.00%
9 months to < 1 Year	5.25%
1 Year to < 3 years	6.00%
3 Years to <= 10 years	6.25%
Source: Bank Website

Yes Bank FD Rates For Senior Citizens

On their deposits of less than Rs 2 cr, elderly folks will continue to get an additional rate of 0.50% across all tenors. Following the latest adjustment made by the bank on fixed deposit interest rates, senior citizens will now get the following rates on their term deposits.

Period	Interest rates per annum
7 to 14 days	3.75%
15 to 45 days	4.00%
46 to 90 days	4.50%
3 months to < 6 months	5.00%
6 months to < 9 months	5.50%
9 months to < 1 Year	5.75%
1 Year to < 3 years	6.50%
3 Years to <= 10 years	7.00%
Source: Bank Website

Yes Bank Recurring Deposit Interest Rates

Yes Bank has also adjusted its recurring deposit interest rates. Yes Bank is providing the following interest rates on recurring deposits maturing in 6 months to less than 10 years, effective from November 3, 2021.

Period	Interest Rate (per annum)	Senior Citizen Rates (per annum)
6 Months	5.00%	5.50%
9 Months	5.25%	5.75%
12 Months	6.00%	6.50%
15 Months	6.00%	6.50%
18 Months	6.00%	6.50%
21 Months	6.00%	6.50%
24 Months	6.00%	6.50%
27 Months	6.00%	6.50%
30 Months	6.00%	6.50%
33 Months	6.00%	6.50%
36 Months	6.25%	7.00%
5 years upto 10 Years	6.25%	7.00%
Source: Bank Website