How to find the best rates for YES BANK Fixed Deposit
YES BANK, which ranks 4th among India’s private sector banks, was founded by Rana Kapoor in 2003 and aspires to establish itself as a customer centric, high quality, service driven, private Indian Bank catering to businesses in India.
By ensuring superior customer experience for its retail, corporate and emerging corporate banking clients and a knowledge driven approach to banking YES BANK continues to evolve as a frontline bank to win trust of its customers. It aspires to “Building the Best Quality Bank of the World in India” by 2020.
YES BANK short term FD rates
YES BANK offers FDs with interest rate varying from 5.50% to 8.00% per annum for fixed deposits. For a tenor of 30 days, the bank offers 5.50% interest. For the next slab of 46 to 90 days and from 91 to 180 days respectively, the interest rate is 7.10% and 7.40% p.a. respectively.
For a tenor of 181 days to less than 9 months, the bank offers 7.75% p.a. For fixed deposits from 9 months to 1 year, the rate is 7.75% p.a.
YES BANK medium and long term FD rates
For 1 year and above but less than 10 years the rate jumps by 0.25% to 8.00% per annum. For tenure of 2,3,4.5 & 20 years the interest rate remains same as 8.00% p.a. YES BANK also provides tax saver deposits at 8.00% p.a. which are locked in for 5 years.
YES BANK Senior Citizen FD rates
YES BANK provides 0.50% more interest to senior citizens over 60 years of age. They can hope to earn 6.00% p.a. for deposits of 30 days and up to 8.50% p.a. for deposits from 3 years up to 5 years. However, this benefit is only available to resident senior citizens.
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