Yes Bank FD Rate: Yes Bank increased FD rate, customers will get strong interest of 8%

Yes Bank FD Rates: Many private and public sector banks have increased FD rates (Fixed Deposit Interest Rates). Meanwhile, Yes Bank has also given good news for its customers. This private sector bank has increased the interest rates on fixed deposits of less than Rs 2 crore. According to the bank’s website, the increased rates will be considered effective from January 3, 2023.

After this increase, this bank is offering interest rate ranging from 7 days to 120 months, which ranges from 3.25% to 7% for common citizens. On the other hand, for senior citizens, the interest rate ranges from 3.75 per cent to 7.75 per cent. The bank has also introduced a special offer for 30 months tenure.

Up to 8 percent interest to senior citizens

Yes Bank is paying 7.50 per cent interest to general citizens and 8 per cent interest to senior citizens on a tenure of 30 months under Special Fixed Deposit. Yes Bank is offering an interest rate of 3.70 percent on maturity of 7 to 14 days and 3.25 percent on FDs of next 15 to 45 days.

4.1 percent interest is being given on the deposit period of 46 days to 90 days, while 4.75 percent interest is being given on the deposit period of 91 days to 180 days. Paying 5.75 percent on 181 days to 271 days, 6 percent on maturity of 272 days. Similarly, the bank is currently offering interest on deposits maturing in 1 year to 120 months with a maximum standard rate of 7 per cent per annum.

Special Fixed Deposit

Yes Bank had also introduced a special FD of 20 months to 22 months on October 12, 2022, under which an interest rate of 7.25 percent is being given to common citizens and 7.75 percent to senior citizens. A small FD of Rs 10,000 can be opened in Yes Bank with a minimum tenure of 7 days and a maximum tenure of 10 years.

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