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Yes Bank To Now Offer 8% Interest Rate To Senior Citizens In Revised FDs

For the next 25-month period, the general public will receive an interest rate of 7.50%, while senior citizens will receive an interest rate of 8%.

Yes Bank, one of the well-known lenders in the private sector, has announced new fixed deposit terms of 25 and 35 months. For the next 25-month period, the general public will receive an interest rate of 7.50%, while senior citizens will receive an interest rate of 8%. Yes Bank provides a standard interest rate of 7.75% and 8.25% for older residents under the new fixed deposit duration of 35 months.

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The recent Yes Bank fixed deposit (FD) interest rates are in effect as of January 12, 2023. After its implementation, the bank will now guarantee an interest rate of 3.70% on deposits maturing in 15 days or more. Previously, the bank promised an interest rate of 3.25% on deposits maturing in 7 days to 14 days. Yes Bank is currently promising an interest rate of 4.75% on deposits, with a tenor of 91 days or more; and an interest rate of 4.10% on deposits with a tenor of 46 days to 90 days.

A rate of 5.75% will be paid on deposits maturing in the next 181 to 271 days, and a rate of 6.00% will be paid on deposits maturing in the next 272 to 1 year. Yes Bank is giving the general public an interest rate of 7% on deposits maturing in one year to one hundred and twenty months.

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The bank introduced a tenure of 20 to 22 months on October 12, with a 7.25% interest rate for the general public and a 7.75% interest rate for elderly persons. The bank introduced a new 30-month fixed deposit term on December 9, with a 7.50% interest rate for the general public and an 8.00% interest rate for senior citizens. Yes Bank announced a new 15-month fixed deposit period on January 3, with a standard interest rate of 7.25% and a senior citizen interest rate of 7.75%.

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