Yes Bank releases new FD rates, check how much benefit will it get now?
New Delhi: If you are also planning to get an FD (Bank FD) in the bank, it is good news for you. Yes Bank has revised the rates of FDs. If you’re also going to get an FD (Yes Bank FDs) in the bank, check the new rates. The new interest rates have come into effect from August 5. Customers are provided with fixed deposits (fixed deposit) from 7 days to 10 years by the bank.
Yes Bank is offering interest benefits ranging from 3.25 per cent to 6.50 per cent after the revision of FD rates. Bank FDs, which mature in 7 to 14 days, are getting interest at the rate of 3.25 per cent. In addition, bank FDs of 15 to 45 days are benefiting from interest at the rate of 3.5 per cent.
New interest rates of Yes Bank (less than Rs 2 crore)
7 to 14 days 3.25 per cent
15 to 45 days 3.50 per cent
46 to 90 days 4 per cent
3 months to < 6 months 4.50 per cent
6 months to < 9 months 5%
9 months to < 1 year 5.25 per cent
1 year < 18 months 5.75 per cent
18 months to < 3 years 6.00 per cent
3 years to < 5 years 6.25 per cent
< for 5 years = 10 years 6.50 per cent
Yes Bank’s new interest rates for senior citizens (less than Rs 2 crore)
Coming to the interest rates of senior citizens, these customers get a profit of 50 basis points more. The bank is offering interest benefits to senior citizens at the rate of 3.75 per cent to 7.25 per cent. The bank is also offering these customers the benefit of bank FDs ranging from 7 to 10 years.