Last Update: December 07, 2022, 15:04 IST
Private sector bank Yes Bank has revised its fixed deposit interest rates for deposits below Rs 2 crore with effect from December 5, 2022. The new interest rates offered by the bank now range between 3.25% and 6.75% for tenors ranging from 7 days to 10 days. years.
The bank is currently offering an interest rate of 3.75% to 7.50% for senior citizens on deposits maturing in 7 days to 120 months. Now people will get a maximum interest rate of 7 percent on deposits with maturity between one year and 3 years.
Interest rate For FDs maturing in 7 to 14 days, the interest rate offered is 3.25%, and for FDs maturing in 15 to 45 days, it is 3.70%. The interest rate offered on FDs maturing in 46 to 90 days is 4.10% and for FDs maturing in 3 to 6 months is 4.75%.
The interest rates on FDs with tenures of 6 to 9 months and 9 months to 1 year are 5.50% and 5.75% respectively. Yes Bank will offer an interest rate of 6.25% on FDs maturing in 1 year to 36 months, fetching an interest rate of 7% and maturing in 36 months to 120 months, Yes Bank will offer an interest rate of 6.75%. Used to be.
Yes Bank also launched a special fixed deposit scheme on October 12, 2022, with a maturity period of 20 months to 222 months. The special FD scheme is still in vogue and the general public will be offered an interest rate of 7.25% on these FDs, while senior citizens will be offered an interest rate of 7.75% under the same scheme.
The recurring deposit interest rates offered by Yes Bank are also effective from December 5, 2022. The interest rates offered by the bank on RDs maturing in 6 months to 10 years range from 5.50% to 6.75% for general public and 6.00% to 7.50% for general public. % for senior citizens.
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