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Do you want to open a Fixed Deposit (FD) Account in Yes Bank? As you are reading this article, maybe you are. Cool! But when you are intending to open an FD account in Yes Bank or in any other bank, the most important thing to consider is the interest rate of FD. So, in this article, we will tell you about Yes Bank FD Rates of Interest, and all the other information regarding Yes Bank Fixed Deposit Account which you must know before opening an FD Account.
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Yes Bank FD Rates 2022
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Yes Bank Fixed Deposit Interest Rates for Residents of India (Rates for < 2 Crore)
| FOR REGULAR ACCOUNTS | ||
| Period | Interest Rate | Annualized Interest Rate |
| 7 to 14 days | 3.25% | 3.25% |
| 15 to 45 days | 3.50% | 3.50% |
| 46 to 90 days | 4.00% | 4.00% |
| 3 months to < 6 months | 4.50% | 4.50% |
| 6 months to < 9 months | 4.75% | 4.78% |
| 9 months to < 1 year | 5.00% | 5.06% |
| 1 Year < 18 months | 5.75% | 5.88% |
| 18 Months to < 3 years | 6.00% | 6.14% |
| 3 Years to <= 10 years | 6.25% | 6.40% |
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Yes Bank FD (Fixed Deposit) Interest Rates above 2 Crore (Rates for 2 Crore to 5 Crore)
| FOR BULK DEPOSITS | ||
| Period | With Premature Withdrawal Facility | Without Premature Withdrawal Facility |
| 7 to 14 days | 3.00% | 3.00% |
| 15 to 30 days | 3.15% | 3.15% |
| 31 to 45 days | 3.20% | 3.20% |
| 46 to 60 days | 3.45% | 3.45% |
| 61 to 90 days | 3.55% | 3.55% |
| 91 days to 120 days | 3.85% | 3.85% |
| 121 days to 180 days | 3.85% | 3.85% |
| 181 days to 270 days | 4.50% | 4.50% |
| 271 days to less than 1 Year | 4.85% | 4.85% |
| 1 Year | 5.25% | 5.25% |
| 12 Months 1 D to less than 18 M | 5.25% | 5.25% |
| 18 Months to less than 2 YR | 5.25% | 5.25% |
| 2 YR to less 3 Yrs | 5.50% | 5.50% |
| 3 YR to less 5 Yrs | 5.50% | 5.50% |
| 5 Years & Above | 5.50% | 5.50% |
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Yes Bank FD Rates for Senior Citizen
For Residents of India (Rates for < 2 Crore) | ||
| Period | Interest Rate | Annualized Interest Rate |
| 7 to 14 days | 3.75% | 3.75% |
| 15 to 45 days | 4.00% | 4.00% |
| 46 to 90 days | 4.50% | 4.50% |
| 3 months to < 6 months | 5.00% | 5.00% |
| 6 months to < 9 months | 5.25% | 5.28% |
| 9 months to < 1 year | 5.50% | 5.58% |
| 1 Year < 18 months | 6.25% | 6.40% |
| 18 Months to < 3 years | 6.50% | 6.66% |
| 3 Years to <= 10 years | 7.00% | 7.19% |
Yes Bank Bulk Fixed Deposit Interest Rates (Rates for 2 Crore to 5 Crore)
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| For Senior Citizens – BULK DEPOSITS | ||
| Period | With Premature Withdrawal Facility | Without Premature Withdrawal Facility |
| 7 to 14 days | 3.00% | 3.00% |
| 15 to 30 days | 3.15% | 3.15% |
| 31 to 45 days | 3.20% | 3.20% |
| 46 to 60 days | 3.45% | 3.45% |
| 61 to 90 days | 3.55% | 3.55% |
| 91 days to 120 days | 3.85% | 3.85% |
| 121 days to 180 days | 3.85% | 3.85% |
| 181 days to 270 days | 4.75% | 4.75% |
| 271 days to less than 1 Year | 5.10% | 5.10% |
| 1 Year | 5.70% | 5.70% |
| 12 Months 1 D to less than 18 M | 5.70% | 5.70% |
| 18 Months to less than 2 YR | 5.50% | 5.50% |
| 2 YR to less 3 Yrs | 5.75% | 5.75% |
| 3 YR to less 5 Yrs | 5.75% | 5.75% |
| 5 Years & Above | 5.75% | 5.75% |
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Features & Advantages of Yes Bank Fixed Deposit (FD) Accounts
- Tenure: – The tenure of FD accounts of Yes Bank ranges from 7 Days to 10 Years.
- Interest Rate: – Assured interest rates, independent of the market.
- Special Benefit: – Sweep-in & Sweep-out facility available.
- Premature withdrawal: – FD can be pre-matured in multiple of Rs 1 with the sweep-in facility.
- Get Overdraft facility up to 90% of your Principal Fixed Deposit amount.
- Re-investment FD option to get quarterly compounding interest.
- Get regular income with monthly/quarterly payout options.
- Option to get FD auto-renewed, so you need not worry about tracking the maturity date.
Types of Yes Bank Fixed Deposits (FDs)
- Yes Bank provides the customers three different types of Fixed Deposits –
- Yes Respect Fixed Deposits
- Yes Respect Plus Fixed Deposits
- Yes Tax Saver Fixed Deposits
Yes Respect Fixed Deposits
- Features & Advantages of Yes Respect Fixed Deposits
- FD tenure ranges from 7 Days to less than 3 Years.
- Additional mark up on regular interest rate of 0.50% for senior citizens.
- Assured interest rates, independent of the market.
- Sweep-in & Sweep-out facility is available.
- FD can be pre-matured in multiple of Rs 1 with the sweep-in facility.
- Get Overdraft facility up to 90% of your Principal Fixed Deposit amount.
- Re-investment FD option to get quarterly compounding interest.
- Get regular income with monthly/quarterly payout options.
- Option to get FD auto-renewed, so you need not worry about tracking the maturity date.
Yes Respect Plus Fixed Deposits
- Features & Advantages of Yes Respect Fixed Deposits
- Tenure ranging from 3 Years to 10 Years.
- The additional mark-up on a regular interest rate of 0.75% for senior citizens.
- Assured interest rates, independent of the market.
- Sweep-in & Sweep-out facility is available.
- FD can be pre-matured in multiple of Rs 1 with the sweep-in facility.
- Get Overdraft facility up to 90% of your Principal Fixed Deposit amount.
- Re-investment FD option to get quarterly compounding interest.
- Get regular income with monthly/quarterly payout options.
- Option to get FD auto-renewed, so you need not worry about tracking the maturity date.
Yes Respect Tax Saver Fixed Deposits
- Features & Advantages of Yes Bank Tax Saver Fixed Deposits
- Avail Tax exemption under section 80C of Income Tax Act up to INR 1,50,000 per FY.
- Tenure: 5 Years with lock-in for the entire tenure.
- The minimum amount of INR10,000 & Maximum of INR. 1,50,000 per FY.
- Assured interest rates, independent of the market.
- Option to avail quarterly payout or re-investment.
Yes Bank FD Rates Calculator
- If a customer deposits 1,00,000 in the Yes Bank Fixed Deposit for 3 years/36 months, his/her maturity amount will be, 1,20,448.
Premature Penalty on Fixed Deposits
- The premature penalty on Yes Bank Fixed Deposit is as below –
| Tenure of Fixed Deposit (Completed) | Penalty |
| Less than equal to 181 days | Nil |
| 182 days and above | 0.50% |
Frequently Asked Questions about Yes Bank Fixed Deposit (FD)
- What is the minimum & maximum tenure for a Fixed Deposit (FD)?
- The minimum tenure for an FD is 7 days and the maximum is 10 years.
- Is there any minimum amount for booking a Fixed Deposit?
- Yes, the minimum amount for booking an FD is INR. 10000.
- What are the interest frequency options available to the customer?
- Customers can opt for Monthly, Quarterly, or at maturity interest payout (for FD with less than 6 months tenure).
- Is there any minimum tenure for reinvestment?
- The minimum tenure for reinvestment is 6 months and 1 day.
- How can a customer opt for a sweep-in facility?
- Customers can opt for the sweep-in facility, either at the time of booking the FD or by submitting the request at any of the YES BANK branches.
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Last Words
- Yes Bank gives the depositors to invest in various types of FD accounts. They provide a nice interest rate and some special facilities. Hence, a depositor may consider Yes Bank to open an FD account.
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