YES Bank offers various products to its customers including fixed deposit (FD). If you have savings that you are looking to maximize so that you can take care of your future financial requirements, then you can consider opening an YES Bank FD account.
You can invest for a certain period of time making monthly deposits on which you will earn interest. Once the tenure is over, you will receive a maturity amount which can then help you take care of your financial needs. Investing in FD can be a very good idea as it is safe and the returns are decent.
However, in order to open a fixed deposit account with YES Bank, you must know the steps to open one with the lender.
Through net banking
Through YES mobile
Through YES Robot
Through Phone Banking
You can visit the nearest YES Bank account along with all the necessary documents in order to open an FD account. A representative from the bank will help you with the process. Once you have submitted all the documents, the bank will verify them, and if they are found to be correct, then you will be able to open an FD account with YES Bank.
The minimum tenure of a fixed deposit at the bank is 7 days.
The maximum tenure of a fixed deposit with Yes Bank is 10 years.
Yes, senior citizens opening a fixed deposit account with Yes Bank will earn an additional 0.5% rate in comparison to other customers.
The minimum amount needed to open a fixed deposit account with the bank is Rs.10,000.
The minimum interest in the Yes Bank FD scheme is 3.25%.
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