Rate of Interest on Fixed Deposit in Yes Bank - 2018-2019 StudyChaCha

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Old April 7th, 2016, 07:24 PM
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Default Rate of Interest on Fixed Deposit in Yes Bank

Hello, I want to know the details of the Rate of Interest on Fixed Deposit in Yes Bank. Please provide me.
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Old April 8th, 2016, 10:31 AM
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Default Re: Rate of Interest on Fixed Deposit in Yes Bank

Hello, here I am providing you the details of the Rate of Interest on Fixed Deposit in Yes Bank as under:

About the bank:
Yes Bank, is India's fifth largest private sector Bank, co-founded by Rana Kapoor in 2004 Yes Bank is the only Greenfield Bank licence awarded by the RBI in the last two decades.

RESIDENT FIXED DEPOSIT INTEREST RATES (% p.a)
Period Rates for < 1 Crore w.e.f 19th October 2015
Regular Senior Citizen
Interest Rates Interest Rates
7 to 45 days 5.50% 6.00%
46 to 90 days 7.00% 7.50%
3 months to < 6 months 7.25% 7.75%
6 months to < 9 months 7.25% 7.75%
9 months to < 1 Year 7.25% 7.75%
1 Year to <= 10 years 7.75% 8.25%

Special Rates
12 Months 10 Days to 7.90% 8.40%
12 Months 20 Days
18 Months 8 Days to 7.90% 8.40%
18 Months 18 Days
24 Months 12 Days to 7.95% 8.45%
24 Months 24 Days

Note:
For reference purpose interest rate slabs considered are 3 months = 91 days; 6 months = 181 days; 9 months =272 days
Actual number of days will be calculated at the time of booking
For less than 1 year deposit, please mention tenure in days
Reinvestment is available for minimum tenure of 6 months 1 day (actual number of days in the month)
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