Yes Bank revises fastened deposit charges. Check newest FD rates of interest right here

Yes Bank provides a number of fastened deposit (FD) schemes to each common and senior residents. The financial institution gives fastened deposit schemes for a tenure ranging from a interval of seven days (brief time period) to 10 years (long-term). The Bank has revised the rate of interest on its time period deposits efficient 3 June 2021. After the most recent revision, Yes Bank provides an rate of interest of three.25% on deposits maturing in seven to 14 days, 3.5% on 15 to 45 days, and 4% on 46 to 90 days FDs. Yes Bank offers 4.5%, 5% on time period deposits maturing in 3 months to lower than 6 months and 6 months to lower than 9 months respectively.

For FDs with a maturity interval of 9 months to lower than 1 12 months, the Bank offers an rate of interest of 5.75%.

Term deposits maturing in 1 12 months to lower than 2 years will fetch an rate of interest of 6%. FDs maturing in 2 years to lower than 3 years will give 6.25% whereas deposits maturing in 3 years to 10 years will give 6.50%.

Yes Bank newest FD charges (beneath ₹2 crores) for most of the people efficient 3 June 2021

7 to 14 days 3.25%

15 to 45 days 3.50%

46 to 90 days 4%

3 months to < 6 months 4.50%

6 months to < 9 months 5%

9 months to < 1 Year 5.25%

1 years < 2 years 6%

2 years < 3 years 6.25%

3 Years to <= 10 years* 6.50%

Yes Bank newest FD charges (beneath ₹2 crore) for senior residents

Senior residents proceed to get 50 foundation factors increased rates of interest than most of the people. The financial institution provides rates of interest from 3.75% to 7.25% on FDs maturing in 7 days to 10 years.

Meanwhile, On Friday, Yes Bank reported a ₹3,790 crore loss on a consolidated foundation for the March quarter, as towards a revenue of ₹2,665 crore within the year-ago interval, because the asset high quality reverses confronted as a result of COVID-19 pandemic compelled the financial institution to put aside cash for potential mortgage losses.

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