Yes Bank increased interest rates on FD, know how much benefit you will get on one year FD

Private sector Yes Bank has increased the interest rates on select FDs of less than Rs 2 crore. After the increase in interest rates, general investors are getting interest ranging from 3.25 percent to 7.75 percent and senior investors are getting interest ranging from 3.75 percent to 8.25 percent. This is being given on FD ranging from 7 days to 10 years.

FD interest in Yes Bank 

• 7 days to 14 days -3.25 percent 
• 15 days to 45 days – 3.70 percent 
• 46 days to 90 days – 4.10 percent 
• 91 days to 120 days – 4.75 percent 
• 121 days to 180 days – 5.00 percent 
• From 181 days to 271 days – 6.10 percent 
• From 272 days to less than one year – 6.35 percent 
• One year – 7.25 percent 
• One year one day to less than 18 months – 7.50 percent 
• From 18 months to less than 24 months – 7.75 percent 
• From 24 months to less than 60 months -7.25 percent 
• 60 months – 7.25 percent
• 60 Months to 120 Days – 7.00 Percent 

Let us tell you that the bank is giving additional interest of 0.50 percent to senior citizens. 

Interest rates on FD in SBI, ICICI and HDFC Bank 

SBI is offering interest ranging from 3 percent to 7.1 percent on FDs of 7 days to 10 years. The bank is giving additional interest of 50 basis points to senior citizens. ICEICI Bank is offering interest ranging from 3 percent to 7.1 percent to general investors and 3.5 percent to 7.65 percent to senior investors on FDs ranging from 7 days to 10 years. Apart from this, HDFC Bank is offering 3 percent to 7.20 percent interest on FDs ranging from 7 days to 10 years. At the same time, senior citizens are getting interest ranging from 3.5 percent to 7.75 percent.