Yes Bank FD Rates: After Diwali, the private sector Yes Bank has changed the interest rates on fixed deposits. So if you are planning to opt for a fixed deposit, check the new rates of the bank well in advance. The bank provides the facility of FD to the customers from 7 days to 10 years. The new rates of the bank have come into effect from November 3.
It may be noted that bank FDs are a safe option for investors at this point in time. Not only do you get the benefit of interest but it also secures your money. FDs are considered to be one of the best options to secure money during the COVID period.
How much interest do you get?
The bank is giving interest at the rate of 3.25 percent to 6.25 percent on fixed deposits to the general public. On the other hand, senior citizens get more interest benefit than the general public.
Check Latest Bank FD Rates Here:
- On 7-day to 14-day FD – 3.25 percent
- 15-day to 45-day FD – 3.50 percent
- 46-day to 90-day FD – 4 percent
- More than 3 months Less than 6 months – 4.50 percent
- 6 months or more but less than 9 months – 5 percent
- 9 months or more but less than one year – 5.25 percent
- 1 year or more but less than 3 years – 6.00 percent
- On FDs from 3 years to 10 years – 6.25 percent
Senior citizens get additional interest
In addition, additional interest is provided by the bank to senior citizens. The bank offers senior citizens the option of FDs ranging from 7 days to 10 years. It has an interest benefit ranging from 3.75 per cent to 7 per cent.
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