If you have a bank account with YES Bank, then you can consider opening a Yes bank fixed deposit account which will allow you to maximise your savings over a period of time. Fixed deposits are considered to be a great investment option and is not only safe but also guarantees decent returns.
However, if you wish to close your fixed deposit account, then here are the steps you will have to follow to do the same.
The process to close your YES Bank fixed deposit before maturity will be similar to the one you would have followed had your fixed deposit account attained maturity. You will have to submit a duly filled account closure form, KYC documents, and your fixed deposit certificate. However, you must note that the bank may charge you a pre-closure fee before closing your account and disbursing the calculated amount to your bank account.
Yes, senior citizens will be able to earn an additional interest of 0.75% on their deposits.
You can earn up to 7% interest rate on your fixed deposits that have a repayment tenure ranging between 2 years and 3 years.
Yes, you can open a YES Bank FD account through net banking.
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