Yes Bank FCNR Rates 2026
The below table contains the FCNR rates for the 8 different currencies from tenure 1 year to 5 years:
| Period |
USD |
GBP |
EURO |
JPY |
CAD |
AUD |
HKD |
SGD |
| 1 year to less than 2 years |
4.85% |
4.50% |
2.80% |
0.40% |
3.50% |
4.40% |
0.50% |
1.90% |
| 2 years to less than 3 years |
4.25% |
4.45% |
2.65% |
0.40% |
3.20% |
4.20% |
0.50% |
1.65% |
| 3 years to less than 4 years |
4.25% |
3.65% |
2.00% |
0.40% |
2.95% |
4.00% |
0.50% |
0.75% |
| 4 years to less than 5 years |
4.25% |
3.50% |
1.75% |
0.30% |
3.00% |
3.70% |
0.50% |
0.75% |
| 5 years only |
4.20% |
3.30% |
1.70% |
0.30% |
3.05% |
3.60% |
0.50% |
0.75% |
Yes Bank FCNR Rates as of December 2025
Top Features & Benefits of YES Bank FCNR Rates
Find the top features of FCNr (B) Account along with their benefits:
-
8 Major Currencies:
Unlike some banks that only offer up to 4 to 5, YES Bank supports USD, GBP, EUR, JPY, AUD, CAD, SGD, and HKD.
-
Currency Protection:
Since the deposit is held in the foreign currency you choose, you are 100% shielded from any drop in the value of the Indian Rupee.
-
Tax-Free Earnings:
In accordance with Indian tax laws for 2026, the earned FCNR interest rates are completely exempt from Income Tax and TDS in India.
-
Full Repatriability:
You can move your entire principal and interest back to your country of residence at any time (after the 1-year lock-in).
-
Overdraft Facility:
You can take a loan against deposit in Indian Rupees for up to 90% of your deposit value without breaking the FD. This is useful if you need funds in India for an emergency.
Conclusion
YES Bank FCNR account offers highly competitive interest rates, currently peaking at 4.85% for USD and 4.50% for GBP. By maintaining funds in any of the 8 major supported currencies, investors are completely shielded from the risk of Rupee devaluation while enjoying 100% tax-free interest. With additional benefits like a 90% overdraft facility and flexible tenures from 1 to 5 years, these deposits serve as a secure and liquid financial bridge for those wanting to benefit from India's banking sector without exposing their savings to local currency or tax liabilities.
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