YES Bank FD Rates 2021

YES Bank is a well-reputed bank that provides the good best fixed deposit 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 6.75% p.a.

YES Bank Fixed Deposit Rates Below 2 Crores - General Public

Tenure General FD rates (p.a.)
7 days to 14 days 3.50%
15 days to 45 days 4.00%
46 days to 90 days 4.50%
3 months to less than 6 months 5.00%
6 months to less than 9 months 5.50%
9 months to less than 1 year 5.75%
1 year to less than 2 years 6.25%
2 years to less than 3 years 6.50%
3 years to 10 years 6.75%

*The YES Bank FD rates tend to change at the discretion of the bank. The interest rates given here are valid as of 8 February 2021.

YES Bank Fixed Deposit Rates Below 2 Crores – Senior Citizen

Tenure Senior Citizen FD rates (p.a.)
7 days to 14 days 4.00%
15 days to 45 days 4.50%
46 days to 90 days 5.00%
3 months to less than 6 months 5.50%
6 months to less than 9 months 6.00%
9 months to less than 1 year 6.25%
1 year to less than 2 years 6.75%
2 years to less than 3 years 7.00%
3 years to 10 years 7.50%

*The YES Bank FD rates tend to change at the discretion of the bank. The interest rates given here are valid as of 8 February 2021.

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

  • YES Bank FD interest rates lie between 3.50% p.a. and 6.75% p.a. for general citizens and the same for senior citizens lies between 4.00% p.a. and 7.50% p.a.
  • The highest YES Bank Fixed deposit rate is 6.75% p.a. for all individual FDs held for a tenure that ranges from 3 year to 10 years.
  • The best rate of interest offered to senior citizen FDs is 7.50% p.a. on all deposits that are held for a time period that ranges from 3 year to 10 years.
  • The interest is compounded on a quarterly basis.

Term-wise YES Bank FD Rates

  • The rate of interest applicable on YES Bank short-term fixed deposits i.e. tenures ranging from 7 days to less than 1-year, ranges between 3.50% p.a. and 5.75% p.a. The highest rate of 6.75% p.a. is offered on deposits with tenures falling between 3 year to 10 years.
  • The rates associated on medium-term YES Bank deposits is 6.25% p.a. to 6.50% p.a.
  • The interest rates applicable on long-term YES Bank deposits stands at 6.50% p.a. The tenure on long-term term deposits ranges from 3 years to 10 years.

YES Bank Senior Citizens FD Rates

  • For senior citizens, YES Bank offers additional interest of 0.50% on deposits having a tenure between 7 days to less than 3 years. For deposits having a tenure between 3 years and 10 years, additional interest of 0.75% is offered.
  • YES bank Senior citizens fixed deposit rates range between 4.00% p.a. and 7.50% p.a. depending on the tenure.
  • The rates on short-term senior citizens deposits is in the range of 4.00% to 6.25% p.a.
  • The highest rates offered on medium-term and long-term deposits is in the range of 7.00% p.a. to 7.50% p.a.

YES Bank Special Deposit rates

Tenure Regular FD rates (p.a.) Senior Citizen FD rates (p.a.)
1 year to less than 2 years 7.00% 7.50%
2 years to less than 3 years 6.75% 7.50%

*The YES Bank Special FD rates tend to change at the discretion of the bank. The interest rates given here are valid as of 8 February 2021.

YES Bank Tax Saver Fixed Deposit rate

Tenure Regular FD rates (p.a.) Senior Citizen FD rates (p.a.)
5 years 6.50% 7.00%

*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 8 February 2021.

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

Tenure Interest Rates on NRO FD (per annum)
7 to 14 days 3.50%
15 to 45 days 4.00%
46 to 90 days 4.50%
91 days to 180 days 5.00%
181 days to 271 days 5.50%
272 days to 1 year 5.75%
1 year to less than 2 years 6.25%
2 years to less than 3 years 6.50%
3 years to 10 years 6.75%

*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 8 February 2021.

YES Bank FCNR (B) FD Rates

Tenure FCNR (B) FD rates (per annum)
GBP JPY SGD EURO CAD HKD USD AUD
1 year to less than 15 months 1.15% 1.00% 1.55% 1.00% 1.50% 1.20% 1.40% 1.30%
15 months 1.05% 1.50% 1.55% 1.00% 1.55% 1.25% 1.60% 1.40%
More than 15 months to less than 2 years 1.05% 1.00% 1.55% 1.00% 1.55% 1.30% 1.50% 1.40%
2 years to less than 3 years 1.40% 1.20% 1.75% 1.00% 1.75% 1.30% 1.80% 1.55%
3 years to less than 4 years 1.25% 1.90% 1.55% 1.00% 1.80% 1.40% 1.75% 1.60%
4 years to less than 5 years 1.45% 1.10% 1.55% 0.80% 1.85% 1.70% 1.75% 1.75%
5 years only 1.20% 1.60% 1.50% 0.75% 1.85% 1.70% 1.80% 1.75%

*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 1 March 2021.

YES Bank NRE Term Deposit Rates: Below Rs.2 Crore

Tenure bracket Interest Rates on NRE FD (per annum)
1 year to less than 2 years 6.25%
2 years to less than 3 years 6.50%
3 years to 10 years 6.75%

*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 8 February 2021.

FAQs Related to YES Bank FD Rates

  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 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.

Read News About Yes Bank Fixed Deposit Rates

  • Fixed deposit interest rates revised by Yes Bank

    There has been a revision in the interest rates of Yes Bank across all tenures. This is effective from 8 February 2021. The interest rate now ranges from 3.50% p.a. to 6.75% p.a. for a tenure ranging from 7 days to 10 years for the general public. Senior citizens get an interest rate with 50 basis points additionally and 75 basis points additionally for tenures ranging from 3 years upwards to 10 years. The interest rate is 3.50% for a tenure of 7 days to 2 weeks, 4% for a tenure of 15 days to 45 days, 4.50% for 46 to 90 days, 5.00% for 3 to 6 months, 5.50%, for 6 months to 9 months, 5.75% for 9 months to less than 1 year, 6.25% for 1 year to 2 years, 6.50% for 2 years to 3 years, and 6.75% for 3 years to 10 years.

    08 February 2021

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