The type of bank account that offers a fixed tenure for your investment while paying your interest at regular intervals is called a fixed deposit account. The investment will be returned by the bank only after the tenure ends. The interest rate varies depending on the bank.
Yes Bank FD Rates in India | ||
---|---|---|
Tenure | General Public FD Rates | Senior Citizen FD Rates |
7 days to 45 days | 5.00% | 5.50% |
46 days to 90 days | 6.00% | 6.50% |
3 months to 5 months 29 days | 6.00% | 6.50% |
6 months to 8 months 29 days | 6.75% | 7.25% |
9 months to 364 days | 6.75% | 7.25% |
18 months 8 days to 18 months 18 days | 7.25% | 7.75% |
1 year to 10 years | 7.00% | 7.50% |
2 years to 3 years | 7.25% | 7.75% |
Name | Interest Rates | Tenure | |
---|---|---|---|
Axis Bank | 5.75% | 5 years to 10 years | View Details |
Bank of Baroda | 5.30% | 5 years 1 day to 10 years | View Details |
Bank of India | 5.40% | 5 years to 10 years | View Details |
Canara Bank | 5.45% | 3 years to 10 years | View Details |
Central Bank of India | 5.35% | 5 years to 10 years | View Details |
HDFC Bank | 5.50% | 5 years 1 day to 10 years | View Details |
ICICI Bank | 5.50% | 5 years 1 day to 10 years | View Details |
IDBI Bank | 5.70% | 7 years 1 day to 10 years | View Details |
State Bank Of India | 5.40% | 5 years to 10 years | View Details |
Yes Bank | 7.00% | 1 year to 10 years | View Details |
Be it a Yes Bank Fixed deposit account or a term deposit account in any bank in India, the basic rules that define the account are the same.
From protecting the depositor’s fund to boosting the economy of the country, a fixed deposit account has several benefits.
The types of Fixed Deposit Schemes offered by Yes Bank are:
The features of this scheme are:
Eligibility:
Any resident individual, Hindu Undivided Families, partnership firms, companies, sole proprietorship, associations, trusts, societies, and clubs are eligible.
The features of this FD scheme are:
Eligibility:
Any Hindu Undivided Family, resident individual, partnership firm, company, family trusts, sole proprietorship, clubs, societies, and associations are eligible.
The features of this scheme are:
Eligibility:
Indian residents who are of 60 years and above.
It is advisable to reconfirm the FD Rates from the bank before making any decision based on the data provided below.
Maturity Period |
With Pre-mature Withdrawal Facility |
Without Pre-mature Withdrawal Facility |
Senior Citizens |
Interest Rate (%) for Deposits 2 Cr to < 5 Cr |
Interest Rate (%) for Deposits 2 Cr to < 5 Cr |
Interest Rate (%) for Deposits 2 Cr to < 5 Cr |
|
7 days to 14 days |
4.00% |
4.00% |
4.00% |
15 days to 30 days |
5.00% |
5.00% |
5.00% |
31 days to 45 days |
5.00% |
5.00% |
5.00% |
46 days to 60 days |
5.50% |
5.50% |
5.50% |
61 days to 90 days |
5.50% |
5.50% |
5.50% |
91 days to 120 days |
6.00% |
6.00% |
6.00% |
121 days to 180 days |
6.00% |
6.00% |
6.00% |
181 days to 270 days |
6.50% |
6.50% |
6.75% |
271 days to less than one year |
6.50% |
6.50% |
6.75% |
One year |
7.00% |
7.00% |
7.45% |
12 months 1 day to less than 18 months |
7.00% |
7.00% |
7.45% |
18 months to less than 2 years |
7.00% |
7.00% |
7.25% |
2 years to less than 3 years |
7.00% |
7.00% |
7.25% |
3 years to less than 5 years |
6.75% |
6.75% |
7.00% |
5 years and above |
6.75% |
6.75% |
7.00% |
Note: The aforementioned Yes Bank FD rates are subject to change as per the decision of the Bank. These are revised interest rates W.E.F. 01st September 2020.
MATURITY PERIOD |
DEPOSIT AMOUNT |
INTEREST RATE (% p.a.) |
|
General |
Senior Citizen |
||
Tax Saver Deposits - 5 years |
Up to Rs. 1 lakh |
6.75% |
7.25% |
MATURITY PERIOD |
DEPOSIT AMOUNT |
INTEREST RATE (% p.a.) |
7 days to 45 days |
Less than Rs. 2cr |
5.00 |
46 days to 90 days |
Less than Rs. 2cr |
5.50 |
91 days to 180 days |
Less than Rs. 2cr |
6.00 |
181 days to 271 days |
Less than Rs. 2cr |
6.50 |
272 days to less than one year |
Less than Rs. 2cr |
6.61% |
3 years to < = 10 years |
Less than Rs. 2cr |
6.75 |
Special Rates |
||
One year < 2 years |
Less than Rs. 2cr |
7.00 |
2 years to < 3 years |
Less than Rs. 2cr |
7.00 |
Note: The aforementioned Yes Bank FD rates are subject to change from time to time as per the decision of the Bank and. These rates are for deposits less than Rs.2 Crore and are applicable W.E.F. 18. August.2020.
MATURITY PERIOD |
DEPOSIT AMOUNT |
INTEREST RATE (% p.a.) |
12 Months |
Less than Rs. 2cr |
7.00 |
15 Months |
Less than Rs. 2cr |
7.00 |
18 Months |
Less than Rs. 2cr |
7.00 |
21 Months |
Less than Rs. 2cr |
7.00 |
24 Months |
Less than Rs. 2cr |
7.00 |
27 Months |
Less than Rs. 2cr |
7.00 |
30 Months |
Less than Rs. 2cr |
7.00 |
33 Months |
Less than Rs. 2cr |
7.00 |
3 Years and More Up to 10 Years |
Less than Rs. 2cr |
6.75 |
Note: The aforementioned Yes Bank FD rates are subject to change from time to time as per the decision of the Bank and. These rates are for deposits less than Rs.2 Crore and are applicable W.E.F. 18. August.2020.
Yes Bank offers loans against fixed deposits. You can get a loan up to 90% of the amount of its fixed deposit. The bank does not offer you a loan against the FD of any other bank. The rate of interest that is offered against FD of Yes Bank is 6% to 8%. The maximum tenure of the loan is restricted to the FD tenure.
Fixed Deposits are considered one of the best ways for investing your surplus money. As per the tenure, the Yes Bank Fixed Deposit interest rates are further categorized into long-term, medium-term, and short-term deposits.
YES Bank has revised the fixed deposit (FD) interest rates for all deposits below Rs 2 crore. The leading private bank is offering a special interest rate for all FDs maturing in 3 years to 10 years to both general public and senior citizens. The new rates have come to effect starting 8th February 2021.
As per the new FD rates, YES Bank will now offer an interest rate of 3.50 per cent for deposits maturing between 7 days to 14 days. FDs with a maturity period of 15 days to 45 days and 46 days to 90 days will receive an interest of 4 per cent to 4.50 per cent respectively. Similarly, people with an FD maturing between 3 months to less than 6 months will get an FD rate of 5 per cent.
Customers who have a fixed deposit with a maturity period of 6 months to less than 9 months will get an FD rate of 5.50 per cent. FDs with a maturity period of 9 months to less than 1 year and 1 year to below 2 years will earn an interest of 5.75 per cent and 6.25 per cent respectively. Deposits with a maturity period of 2 years to less than 3 years will earn an interest of 6.50 per cent.
Moreover, YES Bank is offering a special interest rate to all fixed deposits with a maturity period of 3 years to 10 years. Customers with an FD maturing between 3 years to 10 years will earn an FD rate of 6.75 per cent.
Senior citizens who have a fixed deposit in YES Bank will continue to receive an interest rate of 50 basis points more than the general public. However, senior citizens who have an FD in Yes Bank with a maturity period of 3 years to 10 years will earn 75 basis points higher interest rate than the general public. Thus, YES Bank is offering a fixed deposit interest rate ranging between 4 per cent to 7.50 per cent to senior citizens.