Yes Bank FD Rates – Check Information about Yes Bank Fixed Deposit, Yes Bank Deposit Rates, Yes Bank Fixed Deposit Interest Rates, Yes Bank Interest Rates.
YES BANK is a major player when it comes to banking. Being the fourth largest private sector bank in India, it serves as the best bank amongst the rest.
The founded was founded recently in 2004. Growing rapidly, now the bank has 600+ branches and received “India’s Fastest Growing Bank of the Year” award in 2011.
When it comes to depositing money, YES bank is considered as a safest option to deposit the money.
They don’t charge any penalty on pre mature withdrawal of the term deposits.
ELIGIBILITY FOR FIXED DEPOSIT ACCOUNT OPENING
An individual—individually or jointly—or a Hindu Undivided Family (HUF) having a Permanent Account Number (PAN) can make deposit under the fixed deposit scheme. Minors, Associations, Clubs, Societies, Partnership Firms, Trusts, etc. Are also eligible.
- PAN card is a must to have while opening the term deposit account.
- In the absence of PAN, Form 15G/H and other exemption certificates will be invalid even if submitted & penal TDS will be applicable.
- Customer can submit form 15G/H to avail benefit of TDS exemption. In case the amount in 15G/H exceeds the applicable minimum tax exemption limit, the form would not be valid.
- Other identification and address proof to be kept handy.
Yes Bank FD Interest Rates 2017
|Resident Fixed Deposit Interest Rates (%p.a)|
|Period of Deposit||Rates for <1 Crore w.e.f.9th August 2017|
|Interest Rates||Annualised Yield||Interest Rates||Annualised Yield|
|7 to 45 days||5.00||5.00||5.50||5.50|
|46 to 90 days||6.70||6.70||7.20||7.20|
|3 months to < 6 months||6.75||6.75||7.25||7.25|
|6 months to < 9 months||6.75||6.81||7.25||7.31|
|9 months to < 1 year||6.75||6.86||7.25||7.38|
|1 year to <= 10 years||6.75||6.92||7.25||7.45|
|18 months 8 days to 18 months 18 days||6.95||7.13||7.45||7.66|
|36 months 10 days to 36 months 20 days||7.00||7.19||7.50||7.71|
**Interest rates are subject to change at the sole discretion of the bank.
***Senior Citizen rates are applicable only for domestic deposits.
Annualised yields published, compounded quarterly.
a. For reference purpose interest rate slabs considered are 3 months = 91 days; 6 months = 181 days; 9 months = 272 days.
b. Actual number of days will be calculated at the time of booking.
c. For less than 1 year deposit, please mention tenure in days.
d. Re-investment is available for minimum tenure of 6 months 1 day (actual number of days in the month)
Contact Details of Yes Bank
YES BANK Limited, Nehru Centre
9th Floor, Discovery of India
Dr.A.b Road, Worli, Mumbai
– 400018, India
1800-2000 (Toll Free)