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    YES BANK Fixed Deposit Rates
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    1 Year to 10 Years
    5.75% - 7.6% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    7.5% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.72% - 8.65% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    YES BANK Fixed Deposit Rates is Rated as "Blown Away!" by 21 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    YES BANK Fixed Deposit Rates

    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 highest interest rates offered on Yes Bank FDs is 7.10% for all individual FDs held for a tenure that ranges from 1 year to 10 years. On the other hand, the highest rate of interest offered on senior citizen FDs is 7.60% on all deposits that are held for a time period that ranges from 1 year to 10 years.

    Yes Bank FD interest rates

    Given below are the revised Yes Bank fixed deposit interest rates for regular individuals and senior citizens with effect from 5 June, 2018:

    Period Regular Interest Rates (per annum) Senior Citizen Interest Rates (per annum)
    7 days to 45 days 5.00% 5.50%
    46 days to 90 days 7.00% 7.50%
    3 months to less than 6 months 6.90% 7.40%
    6 months to less than 1 year 6.70% 7.20%
    1 year to 10 years 7.10% 7.60%

    *Interest rates are applicable for deposits that are of less than Rs.1 crore

    Minimum and Maximum Yes Bank fd interest rates 2018 for Regular and Senior Citizen
    Yes Bank FD Rates

    Given below are the special fixed deposits rates offered by the bank:

    Period Regular Interest Rates (per annum) Senior Citizen Interest Rates (per annum)
    12 months 10 days to 12 months 20 days 7.40% 7.90%
    18 months 8 days to 18 months 18 days 7.50% 8.00%
    36 months 10 days to 36 months 20 days 7.25% 7.75%

    Yes Bank Short-Term FDs

    • Yes Bank offers an interest rate of 5.00% p.a. on fixed deposits that are held from 7 days to 45 days.
    • The rates paid for short-term FDs range from 5.00% p.a. and go up to 7.00% p.a.
    • The highest term deposit rate being 7.00% p.a., will be paid for a tenure slot that is from 46 days to 90 days.
    • An interesting thing to note about this bank is that it pays up to 7.00% p.a even on short-term deposits when compared to the banks.

    Yes Bank Medium-Term and Long-Term FDs

    • Any fixed deposit that has been opened for more than 1 year to 10 years will give the investor returns in range of 6.70% p.a. to 7.10% p.a.
    • The highest fixed deposit rate paid by Yes Bank is 7.10% p.a. for any deposit that is opened from 1 year to 10 years.
    • Yes Bank also offers special rates for selected tenures and these deposits pay a much higher rate of interest
    • All special FD schemes offer more than 7.00% p.a., and the highest interest rate paid is 7.50% for a tenure of 18 months 8 days to 18 months 18 days.

    Yes Bank Senior Citizen FDs

    • Applicants who are aged 60 years and above can expect to get interest in the range of 5.50% p.a. to 7.60% p.a.
    • For any investment made from 1 year to 10 years, a pensioner will be getting 7.60% pa., which is the highest FD rate paid by Yes Bank.
    • Special rates are also applicable to this category of investors and the rate paid will be 7.90% p.a., 8.00% p.a. and 7.75% p.a. (refer to special rate interest table for tenures).

    Yes Bank Tax Saver FD rates

    Period Regular Interest Rates (per annum) Senior Citizen Interest Rates (per annum)
    5 years 7.10% 7.60%

    Yes Bank NRE FD rates

    Period Regular Interest Rates (per annum) Senior Citizen Interest Rates (per annum)
    1 year to 10 years 7.10% NA
    Special rates
    12 months 10 days to 12 months 20 days 7.40% NA
    18 months 8 days to 18 months 18 days 7.50% NA
    36 months 10 days to 36 months 20 days 7.25% NA

    FAQs

    1. 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.

    2. 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.

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

      No. You have to wait until the FD matures.

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

      Unfortunately, this is not possible.

    5. 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%
    6. 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.

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

      Yes.

    8. 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.

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

      Yes. This is possible.

    10. Is there a penalty for premature withdrawal?

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


    YES BANK Fixed Deposit Reviews

    • YES Bank Fixed Deposit
      "Better"
      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? 9
      , hyderabad
      Reviewed on Jun 23, 2018
    • YES Bank Fixed Deposit
      "Wonderful"
      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? 3
      , mumbai
      Reviewed on Jun 23, 2018
    • YES Bank Fixed Deposit
      "Wonderful "
      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? 4
      , ghaziabad
      Reviewed on Jun 12, 2017
    • YES Bank Fixed Deposit
      "Good Service"
      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? 2
      , indore
      Reviewed on May 04, 2017
    • YES Bank Fixed Deposit
      "My FD experience"
      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? 5
      , ghaziabad
      Reviewed on Aug 27, 2016
    • YES Bank Fixed Deposit
      "Extremely good.."
      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? 11
      , panipat
      Reviewed on Mar 10, 2016
    • YES Bank Fixed Deposit
      "Good interest rate"
      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? 11
      , new delhi
      Reviewed on Sep 04, 2015
    • YES Bank Fixed Deposit
      "Very good.."
      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? 4
      , kanpur
      Reviewed on Aug 25, 2015
    • YES Bank Fixed Deposit
      "Excellent"
      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 "
      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"
      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!!"
      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? 8
      , new delhi
      Reviewed on Dec 11, 2014
    • YES Bank Fixed Deposit
      "Fixed Deposit"
      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!!!"
      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
    • YES Bank Fixed Deposit
      "Attractive rate!!"
      0.5 5.0/5 "Blown Away!"
      As the offered interest rate is higher, I chose fixed deposit in Yes bank. Rate of interest is 9.5% which is attractive rate provided. I prefer on line banking for depositing the amount as it is flexible. Even customer service team addresses the queries on time.
      Was this review helpful? 4
      , indore
      Reviewed on Nov 18, 2014
    • YES Bank Fixed Deposit
      "Really great"
      0.5 4.0/5 "Great!"
      Interest rate offered by Yes bank is 9.25% for fixed deposit. There is no penalty charged for processing of fixed deposit. I would do the deposit through on line banking which is quite user friendly and easier. Even the customer service of Yes bank is great and helpful.
      Was this review helpful? 6
      , bangalore
      Reviewed on Sep 08, 2014
    • YES Bank Fixed Deposit
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My fixed deposit with Yes bank is 3 years old. Yes bank customer service is very good and the response to my inquiries are much faster than other banks. Two to three people make a follow up and respond to my query because all the customers are very important for them. In fact Yes bank provides a high rate of interest for the fixed deposit than the savings account and I have already requested them to transfer the money from the savings account to the FD which is still not done because I had to visit the branch for completing the request. All the sources of the bank are very much encouraging.
      Was this review helpful? 10
      , chennai
      Reviewed on Aug 11, 2014
    • YES Bank Fixed Deposit
      "Interest rate is equivalent!!!"
      0.5 3.0/5 "Satisfactory"
      Interest rate is equivalent comparative with other banks with Yes bank fixed deposit. Customer service responsiveness is slow, when calling customer care , they are taking too time. I have around 9% interest rate. They can improve their customer person.
      Was this review helpful? 8
      , ghaziabad
      Reviewed on Aug 09, 2014
    • YES Bank Fixed Deposit
      "Everything on line!!!!"
      0.5 4.0/5 "Great!"
      Last 3 months before, I opened up the fixed deposit with the amount 50,000. It was around 9.5% interest rate with period of 1 year and the returns are quite happier. Everything is on line for any request regarding Recurring deposit, fixed deposit and net banking is user and customer friendly.
      Was this review helpful? 6
      , baramati
      Reviewed on Jul 28, 2014
    • YES Bank Fixed Deposit
      "Good interest rate"
      0.5 5.0/5 "Blown Away!"
      I started my fixed deposit with Yes bank in the year 2012. I personally visited the branch and opened the fixed deposit after inquiring about the interest rates. I think the interest rate is excellent and higher than other banks in the market. Customer service and online banking are too good. ATMs & online banking also have an option to start the fixed deposit.
      Was this review helpful? 5
      , new delhi
      Reviewed on Jun 12, 2014
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