Started On | 2004 |
Head Quarters | Mumbai |
CRISIL Rating | NA |
CEO | Prashant Kumar |
Listed on exchange as | Yes Bank Ltd. |
ICRA Rating | NA |
Tenure | Regular customers | Senior citizens |
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For Yes Bank FDs with tenure ranging from 7 days to 12 months, the interest rate ranges from 3.00% p.a. to 5.75% p.a. These deposits are known as short term deposits as their tenure is less than 1 year.
Medium-term fixed deposits have their tenures ranging from more than 1 year to less than 5 years. The interest offered by the bank on these deposits is around 6.50%
These deposits have their tenure ranging from 5 years to 10 years and offer an interest rate of 6.75%.
Name | Tenure | Interest rate |
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Here are the ways through which one can open a Yes bank FD Account-
1) NetBanking
2) Mobile App - Yes Mobile
3) Booking FD with Yes Robot
4) Phone Banking
5) Booking FD through Whatsapp
All individuals belonging to any of the following categories can open a Yes Bank FD online-
The following documents have to be submitted by applicants for successful activation of Yes Bank FD -
Is there any minimum amount needed to open a Yes Bank FD account?
The minimum deposit amount for Yes Bank FD is Rs. 10,000.
What is the minimum and maximum tenure for Yes Bank FD?
Yes Bank FD tenure ranges from 7 days to a maximum of 10 years.
What is the interest frequency options available for customers?
Customers can go for monthly, quarterly or at maturity interest payout (for FDs with less than 6 months tenure)
Does Yes Bank FD provide an auto-renewal facility?
Yes, the bank provides an auto-renewal facility.
Does Yes Bank Fixed deposit have any minimum tenure for reinvestment?
Yes, the minimum tenure for reinvestment is 6 months and 1 day.
Is there any penalty levied in the case of premature withdrawal of Fixed Deposit?
Yes, premature withdrawal penalty is applicable on Fixed Deposits which is: