Yes Bank New FD Rates: A major private bank of the country has changed the interest rates of its fixed deposits. This bank is Yes Bank and the changed rates of its FD have come into effect from today i.e. 3rd July.
Yes Bank has changed these rates for FDs below Rs 2 crore. After this amendment, Yes Bank is offering interest rates ranging from 3.25 per cent to 7.75 per cent on FDs ranging from 7 days to 10 years, which is for the general public. These changes have also been updated on the official website of Yes Bank.
Know the new Fixed Deposit rates of Yes Bank
The bank is offering 3.25 per cent interest on domestic term deposits of 7 to 14 days and 3.70 per cent interest rate on FDs of 15 days to 45 days. 4.10 percent interest will be given on FDs of 46 days to 90 days, 4.75 percent interest will be given on FDs of 91 days to 180 days. Yes Bank is offering an interest rate of 5 percent on FDs of 121 days to 180 days.
Interest rate increased on FD of this period as well
Yes Bank has increased interest rates by 10 basis points on fixed deposits from 181 days to 271 days. At the same time, the interest rate has also been increased by 10 basis points on FDs of 272 days to 1 year. Fixed deposits of 181 days to 271 days will get 6.10 percent interest from now on, while 6.35 percent interest will be available on FDs of 272 days to 1 year.
Up to 7.50 percent interest will be available on these FDs
The bank is offering 7.50 per cent interest on FDs of 1 year to 18 months, while 7.75 per cent interest is being given by Yes Bank on FDs of 18 months to 36 months. On the other hand, the term deposits maturing in 36 months and 120 months are paying 7% interest.
New FD rates applicable for senior citizens from today
Senior citizens will be given an additional interest of 0.50 per cent as compared to normal FD holders. Under this, interest ranging from 3.75 percent to 8.25 percent will be available for senior citizens on fixed deposits ranging from 7 days to 10 years.
