Yes Bank Special FD: Private sector lender Yes Bank has increased the interest rates on fixed deposits of less than 2 crores. Along with this, the bank has also introduced a 30-month special edfi. According to Yes Bank’s website, this increased rate will be effective from December 9. On behalf of the bank, interest on FD is being given from 3.25 percent to 6.75 percent for common citizens on maturity of 7 to 10 years.
At the same time, the interest rate on fixed deposits for senior citizens will be given from 3.75 percent to 7.50 percent. Apart from this, the bank has also started a 30-month special FD, which will give an interest rate of 7.50 percent to common citizens and 8 percent to senior citizens. If you are also going to invest on Yes Bank’s FD, then let us know on which tenure what interest is being given.
yes bank fd rates
This private sector bank is offering an interest rate of 3.25 percent on maturity of 7 days to 14 days. 3.70 percent interest will be given on maturity of 15 to 45 days. Yes Bank will offer 4.10 per cent interest on FDs maturing in 46 days to 90 days and the bank is offering an interest rate of 4.75 per cent on those maturing in 91 days to 180 days.
On the other hand, deposits maturing in 181 days to 271 days will now get an interest rate of 5.50 percent and those maturing in 272 days to 1 year will now get an interest rate of 5.75 percent. The bank is offering an interest rate of 7 per cent on deposits maturing in 1 year to 36 months, those maturing in 36 months to 120 months will now be given 6.75 per cent interest in Yes Bank.
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FD rates were increased on October 12
Earlier, on October 12, the bank had started a 20-month to 22-month fixed deposit scheme, on which interest would be given at the rate of 7.25 percent to the general public and 7.75 percent to senior citizens. It is worth noting that the minimum amount required to make an FD is Rs 10,000 and the maximum investment period is 10 years. Also, if you reinvest, the minimum maturity will be 6 months 1 day.
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