|Tenure||Normal Citizen FD Rate||Senior Citizen FD Rate|
|7 days - 14 days||3.3%||3.8%|
|15 days - 1 month 15 days||3.7%||4.2%|
|1 month 16 days - 2 months 29 days||4.1%||4.6%|
|3 months 1 day - 3 months 28 days||4.8%||5.3%|
|4 months - 5 months 28 days||5%||5.5%|
|5 months 29 days - 8 months 28 days||6.1%||6.6%|
|8 months 29 days - 11 months 29 days||6.4%||6.9%|
|11 months 30 days - 1 year 6 months||7.3%||7.8%|
|1 year 6 months 1 day - 1 year 11 months 29 days||7.5%||8%|
|1 year 11 months 30 days - 2 years 11 months 29 days||7.3%||7.8%|
|2 years 11 months 30 days - 4 years 11 months 29 days||7.3%||8%|
|4 years 11 months 30 days - 9 years 11 months 28 days||7%||7.8%|
Note: All interest rates shown above are as on 6th Nov 2023
Yes Bank Limited is an Indian private sector bank headquartered in Mumbai, India and was founded by Rana Kapoor and Ashok Kapur in 2004. The bank has a balance sheet size of Rs. 2,57,832 Cr as on 31st March 2020. The bank recorded a Loss of Rs 16,432 Crs in FY20
3.3% - 7.5%
3.8% - 8%
FD Rate for Seniors
₹ 2 Crores
Loan against FD
|Investment Amount||For 3 years with interest of 7.3%||For 5 years with interest of 7.3%|
|₹ 50,000||₹ 62,200||₹ 71,946|
|₹ 1 lakh||₹ 1,24,401||₹ 1,43,892|
|₹ 2 lakh||₹ 2,48,801||₹ 2,87,784|
|₹ 5 lakh||₹ 6,22,003||₹ 7,19,461|
|₹ 10 lakh||₹ 12,44,006||₹ 14,38,922|
Use FD calculator to change values and compare your returns from top banks.
|Maturity Amount||₹ 1,07,549||₹ 1,07,763|
|Total Investment Amount||₹ 1,00,000||₹ 1,00,000|
|Total Interest Gained||₹7,549||₹ 7,763|
|Bank Name||FD Interest Rates|
|Kerala Gramin Bank FD||7.5% - 8%|
|Punjab and Sind Bank FD||6% - 6.5%|
|Ellaquai Dehati Bank FD||6.25% - 6.75%|
|Manipur Rural Bank FD||6.2% - 6.7%|
|Sarva Haryana Gramin Bank FD||6.75% - 7.25%|
|City Union Bank FD||6.5% - 6.75%|
|LIC Housing Finance FD||7.75% - 8%|
|Dhanlaxmi Bank FD||6.5% - 7%|
|Tamilnad Mercantile Bank FD||6.5% - 7%|
|Capital Small Finance Bank FD||7.15% - 7.65%|
YES Bank provides FDs for different tenures to meet customer needs. The YES Bank fixed deposit interest rates vary for different tenures. The minimum tenure is seven days, and the maximum is ten years. The Bank offers a 0.5% additional interest rate for senior citizens. The Bank also offers loans against the FD to meet uncertainties. Additionally, one can prematurely withdraw their investments at a penalty.
YES Bank offers the following two types of fixed deposits:
Floating rate term deposit gives the unique opportunity to enjoy the safety of a fixed deposit as well as dynamic returns. The interest rates for this scheme are linked to the prevailing REPO rates and, thus, are dynamic. Thus, this scheme is different from the regular fixed deposit, where the interest rates are fixed for the entire tenure of the deposit. For the floating rate fixed deposit scheme, the interest rates are automatically reset monthly as per the applicable REPO rate in the previous month.
The following are the key features of YES Bank Fixed Deposits:
YES Bank fixed deposit scheme offers guaranteed income at a fixed interest rate.
YES Bank allows investors to open their FD through online or offline mode. To open the FD offline, one will have to visit the nearest YES Bank branch and fill the account opening form and submit the necessary documents. For online mode, the investors have to visit YES Bank’s website, fill the form online, and submit the necessary documents.
Following are the documents required to open an FD in YES Bank.
Also, only eligible investors can invest in YES Bank FD. The eligibility criteria to invest in YES Bank FD are:
YES Bank offers loans against fixed deposits. The Bank offers loans up to 90% of the FD amount. Also, YES bank doesn’t provide loans against FD of any other bank. The rate at which YES bank offers loans is 6-8%. Additionally, the loan tenure (duration of the loan) has a restriction of up to maximum tenure of the fixed deposit.
Loans such as loan against property (home loan), business loan, an education loan, etc., can be taken against an FD. The loan interest rate varies depending on the Bank and type of loan. One can calculate their loan EMI using Scripbox’s online loan EMI calculator.
The loan EMI calculator works as a personal loan EMI calculator, home loan calculator and car loan EMI calculator. The investor can also use this EMI calculator in various scenarios by changing the personal loan interest rate, home loan interest rate, and car loan interest rate.
YES Bank provides a premature withdrawal facility to its depositors in times of need. However, there is a certain penalty to it. The penalty varies from time to time and also is different for different schemes. Following are the important features to consider while opting for premature withdrawal:
What is the highest Yes Bank FD rate today?
What is the highest interest rate on Yes Bank 1 year FD scheme?
What is Yes Bank FD scheme interest rate for 5 years?
How many years FD will double in Yes Bank?
What is Yes Bank FD minimum deposit amount?
What is senior citizen fixed deposit interest rates in Yes Bank?
What are the available FD tenures in Yes Bank?
What is Yes Bank FD ROI for 10 lakh deposit for 1 year?
The interest from the Yes Bank FD calculator for 10 lakh deposit for 1 year will be INR 75,493. The maturity value will be INR 10,75,493. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.
How to check the fixed deposit balance in Yes Bank?
How many FDs can be opened in Yes Bank?