New Delhi: If you are also planning to get FD in the bank, then this is good news for you. Yes Bank has revised the rates of FD. If you are also going to get this bank FD (Yes Bank FDs) then check the new rates. The new interest rates have come into effect from August 5. Fixed deposit facility is provided by the bank to the customers from 7 days to 10 years.
After the revision in FD rates, Yes Bank is giving the benefit of interest ranging from 3.25 percent to 6.50 percent. Bank FDs maturing in 7 to 14 days are getting interest at the rate of 3.25 percent. Apart from this, interest at the rate of 3.5 percent is being available on bank FDs of 15 to 45 days.
Yes Bank’s new interest rates (less than Rs 2 crore)
7 to 14 days 3.25 percent
15 to 45 days 3.50 percent
46 to 90 days 4 percent
3 months to < 6 months 4.50 percent
6 months to < 9 months 5 percent
9 months to < 1 year 5.25 percent
1 year < 18 months 5.75 percent
18 months to < 3 years 6.00%
3 years to < 5 years 6.25%
5 years to < 10 years 6.50 per cent
Yes Bank’s new interest rates for senior citizens (below 2 crores)
Talking about the interest rates of senior citizens, these customers get the benefit of 50 basis points more. The bank is giving the benefit of interest to senior citizens at the rate of 3.75 percent to 7.25 percent. The bank is also giving these customers the benefit of bank FDs ranging from 7 to 10 years.