Yes Bank hikes FD Interest Rates: Private sector lender Yes Bank has increased the interest rates for Fixed Deposits of less than Rs 2 crore. According to the bank’s website, the new rates have come into effect from today i.e.
January 3, 2023. According to the new rates, now common investors will get interest ranging from 3.25 percent to 7 percent on FDs ranging from 7 days to 120 months. Whereas, senior citizens will get 3.75% to 7.75% returns on FDs of the same duration. Let us know how much return Yes Bank is giving on FDs of different tenures.
Up to 8 percent interest will be available in this special FD scheme
Investors will get up to 8% returns on Yes Bank’s special FD scheme. Under this, common investors will get 7.25 per cent interest while senior citizens will get 7.75 per cent return on 15-month FD. On 30 months FD, general investors will get 7.50 percent return and senior citizens will get 8 percent return. On FDs of 20 to 22 months, general investors will get 7.25 percent and senior citizens will get 7.75 percent return.
Interest rates on FDs of different tenors (for general investors)
On FD of 7 to 14 days – 3.25 percent interest
On FD of 15 to 45 days – 3.70 percent interest
On FD of 46 to 90 days – 4.10 percent interest
91 to 180 days on FD – 4.75 percent interest
On FD of 181 to 271 days – 5.75 percent interest
272 to less than 1 year on FD – 6 percent interest
On FD of 1 year to 120 months – 7 percent interest
