YES Bank FD Rates, September 2019

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The table below contains fixed deposit interest rates in YES Bank for deposits below Rs 2 crore as of 10 September 2019.

Tenure General FD rates (p.a.) Senior Citizen FD rates (p.a.)
7 to 45 days 5.00% 5.50%
46 to 90 days 6.25% 6.75%
91 to 180 days 6.25% 6.75%
181 to 270 days 6.85% 7.35%
271 days to 12 months 7.15% 7.65%
12 to 120 months 7.25% 7.75%

*The YES Bank FD rates tend to change at the discretion of the bank.

Important YES Bank Fixed Deposit Rates: Deposit Below Rs 2 crore

  • Yes Bank FD interest rates lie between 5.00% p.a. and 7.25% p.a.
  • The highest YES Bank Fixed deposit rate is 7.25% p.a. for all individual FDs held for a tenure that ranges from 1 year to 10 years.
  • The best rate of interest offered on senior citizen FDs is 7.75% on all deposits that are held for a time period that ranges from 1 year to 10 years.
  • The interest is compounded on a quarterly basis.

YES Bank is a well reputed bank that provides the best Fixed Deposit (FD) rates in the industry. The FDs offered by YES Bank comes with a lot more flexibility, greater earnings and different interest payout options. The bank provides a wide range of deposit options including Tax Saver Deposits. It is very easy to apply for a YES Bank FD and this can be done online at the click of a button. The best interest rate offered on YES Bank FDs is 7.25%

Term-wise YES Bank FD Rates

  • The rate of interest applicable on YES short-term deposits i.e. tenures ranging from 7 days to less than 1-year, ranges between 5.00% p.a. and 7.15% p.a. The highest rate of 7.15% p.a. is offered on deposits with tenures falling between 9 months and less than 1 year.
  • The rate associated on medium-term YES Bank deposits is 7.25% p.a. The tenures range from 1 year to 5 years.
  • The interest rates applicable on long-term YES Bank deposits stands at 7.25% p.a. The tenure on long-term term deposits ranges from 5 years to 10 years.

YES Bank Senior Citizens FD Rates

  • For senior citizens, YES Bank offers 0.50% higher interest rate on the deposits than the regular FD rates.
  • YES bank Senior citizens fixed deposit rates range between 5.50% p.a. and 7.75% p.a. depending on the tenure.
  • The rates on long-term senior citizens deposits is set at 7.75% p.a.
  • The highest rates offered on medium-term and long-term deposits are 7.75% p.a. and 7.65% p.a. respectively.

YES Bank Special Deposit rates

Tenure Regular FD rates (p.a) Senior Citizens FD rates (p.a)
12 Months 10 Days to 12 Months 20 Days 7.85% 8.35%
18 Months 8 Days to 18 Months 18 Days 7.55% 8.05%
2 years to less than 3 years 7.75% 8.25%

*The YES Bank Special FD rates tend to change at the discretion of the bank. The interest rates given here are valid as of 10 September 2019.

YES Bank Tax Saver Fixed Deposit rate

Tenure bracket Regular FD rates (per annum) Senior Citizens FD rates (per annum)
5 years 7.25% 7.75%

*The YES Bank Tax Saver FD rates tend to change at the discretion of the bank. The interest rates given here are valid as of 10 September 2019.

YES Bank NRO Term Deposit Rates: Less than Rs.2 crore

Tenure bracket Interest Rates on NRO FD (per annum)
7 to 45 days 5.00%
46 to 90 days 6.25%
91 days to 181 days 6.25%
181 days to 271 days 6.85%
271 days to 12 months 7.15%
12 months to 120 months 7.25%

*The YES Bank NRO Fixed Deposit rates tend to change at the discretion of the bank. The rates of interest mentioned here are applicable as of 10 September 2019.

YES Bank NRO FD Special Rates: Under Rs.2 crore

Tenure bracket Interest Rates on Special NRO FDs (p.a)
1 year 10 days to 1 year 20 days 7.85%
18 months 8 days to 18 months 10 days 7.55%
3 years 10 days to 3 years 21 days 7.75%

*The YES Bank NRO Fixed Deposit rates tend to change at the discretion of the bank. The rates of interest mentioned here are applicable as of 10 September 2019.

YES Bank FCNR (B) FD Rates

Tenure
FCNR (B) FD rates (per annum)
GBP JPY SGD EURO CAD HKD USD AUD
12 months to 24 months 1.55% 0.40% 2.25% 0.10% 2.60% 2.55% 3.60% 2.00%
24 months to 36 months 1.95% 0.40% 2.20% 0.10% 2.50% 2.35% 3.10% 2.30%
36 months to 48 months 1.55% 1.80% 1.65% 0.10% 2.45% 2.00% 3.00% 2.30%
48 months to 60 months 1.55% 0.15% 1.70% 0.10% 2.45% 2.00% 3.00% 2.35%
60 months 1.70% 1.60% 1.75% 0.10% 2.30% 2.00% 3.00% 2.30%

*The YES Bank FCNR (B) Term Deposit rates tend to change at the discretion of the bank. The rates of interest mentioned here are applicable as of 10 September 2019.

NRE Term Deposit Rates: Below Rs.2 crore

Tenure bracket Interest Rates on NRE FD (per annum)
12 months to 120 months 7.25%

*The YES Bank NRE Fixed Deposit rates tend to change at the discretion of the bank. The rates of interest mentioned here are applicable as of 10 September 2019.

YES Bank NRE FD Special Rates: Less than Rs.2 crore

Tenure bracket NRE FD Special Interest Rates (per annum)
1 year 10 days to 1 year 21 days 7.50%
18 months 8 days to 18 months 19 days 7.85%
3 years 10 days to 3 years 21 days 7.50%

*The YES Bank NRE Fixed Deposit rates tend to change at the discretion of the bank. The rates of interest mentioned here are applicable as of 10 September 2019.

FAQs for YES Bank FD rates

Is it a must to have an existing account with Yes Bank in order to open an FD online using their net banking/mobile banking service?

Yes, it is a must to have an existing account with Yes Bank to avail internet banking services and open a FD account.

Will interest rates change after I have applied for an FD?

In most cases, this is not likely to happen. The interest rates will remain the same ideally throughout the tenure of the FD.

Is it possible to add more money to the FD account once it is opened?

No. You have to wait until the FD matures.

Is it possible to change the tenure of an already opened FD?

Unfortunately, this is not possible.

Is providing PAN a must?

Yes. If you do not provide PAN when you open an FD:

  • A Tax Deducted at Source (TDS) certificate will not be issued
  • A higher TDS percentage of 20 will be deducted, instead of the usual 10%
Is the interest earned on an FD subject to tax?

Yes. TDS will be deducted if you earn more than Rs.10,000 in a financial year on a term deposits. The interest that is earned on fixed deposits are fully subject to tax.

Is the interest earned on tax-saver deposits subject to tax?

Yes.

Can FDs be closed at any time?

Yes. Except for tax-saver FDs, which come with a lock-in period of 5 years, all other FDs can be closed.

Is it possible to take a loan/overdraft against an FD?

Yes. This is possible.

Is there a penalty for premature withdrawal?

As of now, Yes bank does not charge a penalty for premature withdrawal.


News About YES BANK Fixed Deposit Rates

  • Yes Bank revised FD interest rates

    One of the leading private sector banks in India, Yes Bank revised its interest rates on certain select tenures.

    The bank revised interest rates on June 5, 2018 on deposits that are of less than Rs.1 crore. The FD rate offered for a tenure that ranges from 1 year to 10 years has been revised to 7.10% per annum from the earlier rate of 6.75% per annum. For 46 days to 90 days, the rate paid has changed from 6.70% per annum to 7.00% per annum. For 3 months to less than 6 months, the rate has been revised to 6.90% per annum from the earlier 6.75% per annum.

    8 June 2018

  • Get 8% interest on new Yes Bank FD

    Yes Bank has introduced a new 18-month fixed deposit scheme that pays interest up to 8.00% per annum.

    This fixed deposit can be held for a tenure of 18 Months 8 Days to 18 Months 18 Days, for which senior citizens will be eligible to get paid at the rate of 8% p.a., while regular deposit holders will get up to 7.50% for the same tenure.

    This new FD scheme was launched as part of World Environment Day to collect funds for the bank’s ‘Green Future: Deposit’ initiative. This rates will be paid as part of the ‘Special Rates’ deposits that are offered by the bank.

    7 June 2018

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YES BANK Fixed Deposit Reviews

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  • YES Bank Fixed Deposit
    "GOOD"
    YES BANK
    0.5 5.0/5 "Blown Away!"
    I am having the fixed deposit with the YES BANK where the banking process was simple also to open the account it is easy and there is no locking period with the account. The customer support is good and they are with good response, overall service is good.
    Was this review helpful? 108
    , kolkata
    Reviewed on Jul 17, 2019
  • YES Bank
    YES Bank Fixed Deposit
    "Good investment for future"
    YES BANK
    0.5 5.0/5 "Blown Away!"
    I opened fixed deposit account in YES, as per the government rules they are providing 8% of interest on yearly basis. I am investing Rs. 50,000 per months it has the tenure period of five months, the online accessibility is good with my Yes bank.
    Was this review helpful? 86
    , kolkata
    Reviewed on Jul 11, 2019
  • YES Bank Fixed Deposit
    "Excellent service"
    YES BANK
    0.5 5.0/5 "Blown Away!"
    I have the fixed deposit account with the Yes bank and the interest rate they have given me is good, and i had started this investment a long time back. The interest rate with them has also been good. They have given me up to 8% approx it high compare to other bank, that is best part, and On line banking services are fine one too and am really happy with them, but maturity period was not expired.
    Was this review helpful? 18
    , mumbai
    Reviewed on Jan 26, 2019
  • YES Bank Fixed Deposit
    "Fraud by Yes Bank"
    YES BANK
    0.5 1.0/5 "Really Bad"
    Yes Bank has not credited Interest for my Fixed Deposit. On enquiring they gave me a story that the interest amount has been adjusted towards TDS. They have not provided credit entry for the interest and the debit entry for the TDS respectively.
    Was this review helpful? 6
    , bhopal
    Reviewed on Jan 11, 2019
  • YES Bank Fixed Deposit
    "Excellent Service"
    YES BANK
    0.5 5.0/5 "Blown Away!"
    It has been a good service which they had been providing so far and i had started this investment a log time back. Their customer support has been helpful in guiding me in the investment plans and explaining with the growth of the investment. The interest rate with them has also been good.
    Was this review helpful? 6
    , bangalore
    Reviewed on Dec 14, 2018
  • YES Bank Fixed Deposit
    "Excellent service"
    YES BANK
    0.5 5.0/5 "Blown Away!"
    I have the fixed deposit account with the Yes bank and the interest rate they have given me is good, also the customer service is good too they have co-ordinated with me well they time to time update me about there date of pay my next fixed deposit date.On line banking services are fine one too and am really happy with them.
    Was this review helpful? 1
    , ahmedabad
    Reviewed on Dec 11, 2018
  • YES Bank Fixed Deposit
    "Better"
    YES BANK
    0.5 4.0/5 "Great!"
    I had the fixed deposit account with the Yes bank and the interest rate is around 8.5%, also the customer service is good too. I would like to say that the response is positive one with the Yes bank, also I am really happy with them till now.
    Was this review helpful? 13
    , hyderabad
    Reviewed on Jun 23, 2018
  • YES Bank Fixed Deposit
    "Wonderful"
    YES BANK
    0.5 4.5/5 "Excellent!"
    I am having the fixed deposit account with the Yes bank and the customer service is good too. Online banking services are fine one too and am really happy with them. Rate of interest for the fixed deposit is around 7% to 8%.
    Was this review helpful? 5
    , mumbai
    Reviewed on Jun 23, 2018
  • YES Bank Fixed Deposit
    "Wonderful "
    YES BANK
    0.5 5.0/5 "Blown Away!"
    I have the fixed deposit account with the Yes bank and the interest rate is around 6.5% above and the customer service is not yet experienced because everything used to dealt with through online experience. I have not faced any server down issues with the Yes bank.
    Was this review helpful? 5
    , ghaziabad
    Reviewed on Jun 12, 2017
  • YES Bank Fixed Deposit
    "Good Service"
    YES BANK
    0.5 3.0/5 "Satisfactory"
    Yes bank have some banking issues with them I believe. I have savings account, recurring and fixed deposit account with them. I never received quick response from the bank. But the bank is good for my fixed deposit account. Simply I opened an account with them and getting better service on it.
    Was this review helpful? 4
    , indore
    Reviewed on May 04, 2017
  • YES Bank Fixed Deposit
    "My FD experience"
    YES BANK
    0.5 5.0/5 "Blown Away!"
    I decided to park my funds with YES for my fixed deposit because they are providing the maximum interest rate. I am banking with them for quite some time now and no challenges with them till date. I am getting the interest paid certificate from them on a quarterly basis through email and hard copy.
    Was this review helpful? 6
    , ghaziabad
    Reviewed on Aug 27, 2016
  • YES Bank Fixed Deposit
    "Extremely good.."
    YES BANK
    0.5 5.0/5 "Blown Away!"
    For fixed deposit the rate of interest is compounding type and this type varies based on the tenure period that we choose for the deposit. Interest rate is 7.75% for fixed deposit and for senior citizens is 8.25%. YES bank is too good for all the products.
    Was this review helpful? 14
    , panipat
    Reviewed on Mar 10, 2016
  • YES Bank Fixed Deposit
    "Good interest rate"
    YES BANK
    0.5 5.0/5 "Blown Away!"
    I have been having a Fixed Deposit account in YES Bank since 2010. Every 2 year teh account gets auto renewed. I have invested cumulative deposit scheme. YES offered me 9.25% interest rate. Initial documentation was also very simple, the executive came and collected the documents from my office. I am satisfied with this investment that I have done.
    Was this review helpful? 13
    , new delhi
    Reviewed on Sep 04, 2015
  • YES Bank Fixed Deposit
    "Very good.."
    YES BANK
    0.5 5.0/5 "Blown Away!"
    Yes bank is fantastic in terms of returns and payment procedures. Also transparency is there with this bank. For fixed deposit they are giving up to 9% of rate on yearly basis as it is compounding range. Advantage in Yes bank is that we can break this deposit where no penalty will be there like other banks.
    Was this review helpful? 5
    , kanpur
    Reviewed on Aug 25, 2015
  • YES Bank Fixed Deposit
    "Excellent"
    YES BANK
    0.5 5.0/5 "Blown Away!"
    I can manage my deposit online as far as this YES Bank fixed deposit is concerned. There is no need for me to visit the Branch. I can easily transfer the funds from my savings account to this FD. Interest rate offered by them is the best in the market. There is no penalty and the amount would be transferred back to my savings account after the maturity . Further more I get interest on a quarterly basis.
    Was this review helpful? 3
    , hyderabad
    Reviewed on Apr 24, 2015
  • YES Bank Fixed Deposit
    "good service "
    YES BANK
    0.5 3.5/5 "Pretty good"
    Interest rate for Fixed deposit is 9.0% at that time but now the rate came down. Interest is on basis of compounding and they are processing the accumulated rate after the tenure gets completed. Nothing particular reason to have FD, just for investment. Bank officials are not much dedicated to their work thus it needs to be improved.
    Was this review helpful? 11
    , pune
    Reviewed on Jan 07, 2015
  • YES Bank Fixed Deposit
    "Good"
    YES BANK
    0.5 5.0/5 "Blown Away!"
    I am holding a Fixed deposit with YES Bank. They are very quick in processing the request. They provide excellent response. I have opened this account online. I used to get an interest of 9% its very easy to change the maturity instructions online by myself.
    Was this review helpful? 10
    , new delhi
    Reviewed on Dec 22, 2014
  • YES Bank Fixed Deposit
    "Wonderful bank!!"
    YES BANK
    0.5 5.0/5 "Blown Away!"
    FD is one of the best deposit so I availed it with YES bank where the interest rate is high. Actually I am working with YES bank so they offered 1% extra. In overall the interest rate is around 10.10% and tenure is 18 months. Getting compound interest on FD, the benefit on compound interest is that on every quarterly basis interest would be accumulated and get credited to principal amount. YES bank is excellent in all the parameters.
    Was this review helpful? 9
    , new delhi
    Reviewed on Dec 11, 2014
  • YES Bank Fixed Deposit
    "Fixed Deposit"
    YES BANK
    0.5 4.5/5 "Excellent!"
    I have open Fixed deposit in Yes Bank an i have good experience with the bank as i have earned rate of interest of 8.75 percent on my amount and fell blessed after earning that amount with was idle on my account. I suggest everyone to open at least on Fixed deposit.
    Was this review helpful? 7
    , gurgaon
    Reviewed on Nov 28, 2014
  • YES Bank Fixed Deposit
    "YES customer!!!"
    YES BANK
    0.5 5.0/5 "Blown Away!"
    The employees of YES bank asked me to open fixed deposit when I visited branch for some work. Website of YES bank is very user friendly and highly satisfied with customer executives as they are highly professional. If they unable to resolve queries they would get a callback and fix the issues. Whenever we want to visit branch we can go there because bank is not over crowded and employees treat customers with pleasing personality which admires us. Rate of interest is little comfortable where they offered like 9.5%. I opened FD for 18 months and canâ??t withdraw the amount until it gets matured. By seeing my experience, I opened saving account for my father and mother.
    Was this review helpful? 3
    , bangalore
    Reviewed on Nov 25, 2014
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