Yes Bank Savings Account

Yes Bank Savings Account Interest Rate

Here are the Yes Bank savings account interest rates amounting to ₹ 100 Crs for both domestic and non-resident Indian Rupee (INR) accounts

Note: Rates are applicable from April 2025. Interest is calculated on incremental balances per slab, effective October 1, 2023. Yes Bank interest rates are subject to change.

Features of Yes Bank Savings Account

A Savings Account enables you to build financial stability and prepare for future goals. The features of the Yes Bank Savings Account are: 

• Convenient Account Opening: Experience the easiest and fastest way to open a savings account at Yes Bank through video KYC.

• High Interest Rate: Yes Bank offers attractive interest rates on its savings accounts, aiming to maximize your savings.

• Online Banking and Its Perks: Manage your banking activities like fund transfers and bill payments in just a few clicks through Yes Bank's online platforms.

• YES Rewardz Loyalty Programme: Earn and redeem reward points on travel, movies, and more to make your expenditures more rewarding.

Types of Yes Bank Savings Account

The types of Yes Bank Savings Account are:

FD Calculator

Total Investment

₹

₹500 ₹30L

Enter Total Investment

Rate of Interest (Yearly)

%

1% 15%

Rate of Interest (Yearly)

Time Period

Years

1 Year 15 Years

Enter Time Period

Total Investment

Interest Earned

Maturity Amount

View Plans

Documents Required for Yes Bank Savings Accounts

The documents required for a Yes Bank Online Savings Account are minimal, including: 

• PAN Card 

• Aadhaar cards 

• Digital KYC

And the account will be activated instantly.

The bank personnel will inform the documents required for opening a Yes Bank Savings Account at a branch.

Yes Bank Savings Account Opening Procedure

The Yes Bank Savings Account can be opened online and offline.

1. Online Method:

   Step 1: Go to the Yes Bank official website.

   Step 2: Under the Accounts section, click on the Savings Account dropdown.

   Step 3: Click ‘Open Savings Account Online’.

   Step 4: Fill in your details and click on submit.

   Step 5: Bank personnel will likely contact you to complete the procedure and open your savings account.

   

2. Offline Method:

   Step 1: Visit your nearest Yes Bank branch.

   Step 2: Request a Savings Account opening form from the bank personnel.

   Step 3: Fill the form with all the required details.

   Step 4: Submit the form with the required KYC documents.

   Step 5: The bank personnel will guide you through the remaining steps to complete the account opening process.

Yes Bank Savings Account Eligibility

In order to open a savings account at Yes Bank, the following eligibility criteria is to be fulfilled by the candidate:  

• Must be a resident of India.

• Must be at least 18 years of age.

• Must have a valid ID.

• Must have an address proof.

Yes Bank Savings Account Minimum Account Balance

The Yes Bank Saving Account minimum balance varies significantly by account type. Options range from zero balance accounts for specific digital and welfare schemes, to higher requirements for premium offerings.

Yes Bank Savings Account Charges

Note: Charges are effective June 2025. For complete and definitive details, please always refer to the official Schedule of Charges provided by Yes Bank or their website.

Why Choose Yes Bank for Your Savings Account?

The Yes Bank Savings Account offers the following advantages: 

• 24/7 Account Access: View your account details, transaction history, and balances anytime, anywhere.

• Secure Transactions: Conduct your banking with robust security measures to protect your funds and data.

• Easy Fund Management: Effortlessly transfer funds between your own accounts or to others.

• Account Alerts: Receive timely notifications for transactions, balance updates, etc.

• Free Demand Drafts: Get free Demand Drafts up to a certain limit.

• Digital Statements: Sign up for free email or e-statements.

• 24/7 Personal Assistant: Access YES ROBOT, your 24/7 personal banking assistant, for tasks like creating Fixed Deposits, paying bills, sending money, recharges, and balance checks.

To Sum Up

A Yes Bank Savings Account helps you not just keep your money safe, but also grow it. Its liquidity makes it a highly prioritized account option globally. You can easily open the account online with minimal documentation, allowing you to worry less about banking processes and focus on accurate financial planning. This is your first step towards saving.