YES BANK, as a company, understands the need for financial security in life. With a fixed deposit account from YES BANK, you receive a steady source of income with the flexibility of maintaining your funds in accessible units.
A fixed deposit is an investment account which is opened for a stipulated period of time by depositing a certain amount of money. The money with which this account is to be created is fixed, and has a fixed rate of interest.
Fixed deposits are a safe investment option, with guaranteed returns, as the money you deposit earns you a certain amount of interest till the date of maturity. You can also choose to collect your income, from the interest accrued on the deposit as per your convenience on a monthly or quarterly basis.
Click here to know about RESIDENT FIXED DEPOSIT INTEREST RATES Rates for < 2 Crore w.e.f. 2nd May, 2019
*All information has been sourced from the official website.
Opening a fixed (term) deposit account with YES BANK is a smart way to save your money, and earn dividends on your savings. Following are some of its key features:
Anyone falling under the following categories is eligible to open a fixed deposit account:
What is the interest rate for YES BANK Fixed Deposits for senior citizens?
The interest rates on YES BANK fixed deposits are an additional 0.50% over and above the standard rates.
Can I make alterations to the tenure of my ongoing Yes Bank Fixed Deposit?
No, you cannot change your FD tenure, once you have chosen it at the time of application.
How to open a YES BANK Fixed Deposit account without a PAN card?
You can open a Fixed Deposit at YES BANK by submitting Form 16, instead of your PAN card.
What is the highest interest rate that is offered by the YES BANK Fixed Deposit?
The highest interest rate on YES BANK FDs is 7.45% for regular annualized yield for a tenure of 1 year to 10 years.
What are the FD tenure options with Yes Bank Fixed Deposit?
The FD tenure options offered by YES BANK are:
What is the minimum amount required to start a Yes Bank Fixed Deposit account?
The minimum amount required to open a fixed deposit account at YES BANK is Rs. 10,000.
What is the eligibility criteria to open a YES BANK Fixed Deposit account?
Anyone falling under the following categories is eligible to open a fixed deposit account: