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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
    7.39% - 7.95% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.39% - 7.95% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    YES BANK Fixed Deposit Rates is Rated as "Blown Away!" by 19 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 6.75% for all individual FDs held for a tenure that ranges from 3 months to 10 years. On the other hand, the highest rate of interest offered on senior citizen FDs is 7.25% on all deposits that are held for a time period that ranges from 3 months to 10 years.

    Yes Bank FD interest rates

    Below are the FD rates for all deposits less than Rs.1 crore

    Period Regular Interest Rates Senior Citizen Interest Rates
    7 to 45 days 5.00% 5.50%
    46 to 90 days 6.70% 7.20%
    3 months to < 6 months 6.75% 7.25%
    6 months to < 9 months 6.75% 7.25%
    9 months to < 1 Year 6.75% 7.25%
    1 Years to <= 10 years* 6.75% 7.25%

    *Interest rates are subject to change and will be changed subject to the discretion of the bank

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

    Yes Bank Short-Term FDs

    Yes Bank provides a wide range of short-term FD options for deposit holders. These types of time deposits are ideal for those who want to make an investment with a comparatively lesser lock in period. Yes Bank short-term FDs pay interest in the range of 5% to 6.75%. The tenure slab for this type of FD ranges from 7 days to less than 6 months, ideally. The highest interest rate that is offered on this slab is for a tenure that ranges from 3 months to less than 6 months, where the rate of interest is 6.75%.

    Yes Bank Medium-Term FDs

    Medium-term FDs are also an offering by Yes Bank. Here the period of investment is ideally more than 6 months or at least a minimum of 6 months, in most cases. This type of FD tenure is recommended for those who do not want to keep their money locked for too long but at the same time are ready to make a commitment for a 6-month period. The interest rate paid in this slab is 6.75% and the tenure extends from 6 months to less than 5 years.

    Yes Bank Long-Term FDs

    Long-term FDs are an ideal investment if you want to park your money for a long time and earn a good rate of interest on the same. One of the most common types of long-term FDs is the tax saver deposit, which comes with a lock in period of 5 years. These types of deposits offer account holders the tax benefit of up to Rs.1.5 lakh under Section 80C of the Income Tax Act. The interest rate offered is 6.75% and the tenure ranges from 5 years to 10 years.

    Yes Bank Senior Citizen FDs

    Yes Bank offers a higher interest rate for senior citizens, which is usually 0.50% higher than what is offered to other individuals. To avail this benefit senior citizens will have to provide valid age proof. The interest rate offered in this slab ranges from 5.50% to 7.25%. There are a wide range of FDs that are offered to those belonging to this group, including tax saver deposits. The highest rate of interest offered on senior citizen FDs is 7.25% on all deposits that are held for a time period that ranges from 3 months to 10 years.

    Yes Bank FD Interest Calculator

    It is very easy to calculate the maturity amount on a fixed deposit. All you need to do is to use an online FD interest calculator. This tool helps an investor know exactly how much he/she will earn from an FD. For example if you are investing Rs.1 lakh for a period of 1 year at the rate of 6.75%, the maturity value will be Rs.1,06,750. Here the total interest that you will earn on the investment will be Rs.6,750.

    There are various factors that are taken into consideration before calculating the interest earned on FDs.

    The following are the factors:

    • Rate of interest: The interest rate that offered on an FD is one of the factors that is used to calculate the total earnings that you will make out of your FD. Yes Bank offers a higher interest rate for deposits held for 3 months to 10 years.
    • Principal invested: The amount that you are putting into your FD plays a huge role in determining how much you will earn out of it.
    • Deposit tenure: The interest rate offered on an FD is directly proportional to the time period for which it is held. The deposit holder has the flexibility to choose the time period for which he wants his/her deposit to be held.
    • Compounding frequency: The interest compounding frequency plays a huge role in boosting the interest income on an FD. How frequently the interest is compounded, like monthly, quarterly, half-yearly, matters, when it comes to interest calculation.

    How to Calculate Yes Bank FD Interest

    Calculating the interest earned on a Yes Bank FD is an easy and simple process. This can be done at the click of a button using the FD interest calculator. There are many online portals where you can feed in data and check the interest that you will earn on the FD. BankBazaar is one such portal where you can use the FD calculator to see how much interest you will earn. To use the BankBazaar FD calculator, you have to provide information for the following details:

    • Initial Investment
    • Interest rate on investment
    • Duration of investment

    Once all these details are inputted, the system will automatically display the total return or maturity value that you will get on your investment.

    Key Information before Opening a Fixed Deposit

    Eligibility to Open a FD
    • Individual
    • Joint account but not exceeding 4 applicants
    • Minor with a guardian
    • Partnership
    • Company
    • Any association or Institute
    • NRIs
    Documents Required
    • Yes Bank Application Form
    • Depositor’s photograph (2 copies)
    • Identity proof & Address proof as per KYC Norms
    • PAN Card copy/ Form 60 or 61
    • Aadhaar Card Details
    Benefits of a Yes Bank FD
    • Nomination facility
    • Automatic renewal option after maturity
    • Part withdrawal facility on the deposits
    • Avail loan upto 90% of the deposit amount
    • Online operation for the FD account

    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
      "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? 3
      , 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? 1
      , 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? 4
      , 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? 8
      , 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? 10
      , 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? 3
      , 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
    • YES Bank Fixed Deposit
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      Yes bank fixed deposit is good they are providing 9.10%for 1 year and 3 months there are no premature charges and renewal charges applicable there are providing tax benefits schemes also which is very much beneficial.They have provided me a online copy and a hard copy as well for my reference and their branch banking is also fine.
      Was this review helpful? 8
      , faridabad
      Reviewed on May 28, 2014
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