This bank gave this gift to the customers on New Year, because this bank is giving you the highest interest on FD of 30 months, customers are standing in long queues to invest in the bank.
Private sector bank Yes Bank has increased the interest rates of its Fixed Deposits. The bank has changed the interest rates on deposits of less than two crore rupees. According to the official website of the bank, the new rates have come into effect from January 3, 2023. After the change in rates, the bank is offering interest ranging from 3.25 percent to 7 percent on deposits ranging from seven days to 120 months. At the same time, senior citizens are getting interest ranging from 3.75 percent to 7.75 percent on deposits for this period.
Yes bank FD rates
At present, Yes Bank is paying interest at the rate of 3.70 percent on deposits maturing in 7 to 14 days. The bank is guaranteeing an interest rate of 3.25 percent on deposits maturing in 15 to 45 days. According to a recent statement from Yes Bank, interest will now be available at the rate of 4.10 percent on deposits of 46 days to 90 days. While the deposit period of 91 days to 180 days will get interested at the rate of 4.75 percent.
Yes, Bank is now offering a maximum interest rate of 7.50 percent for the general public and 8 percent for senior citizens on investment in a 30-month special fixed deposit.
The interest rate on a 10-year FD
Deposits maturing in the next 181 days to 271 days will now get interest at the rate of 5.75 percent. While deposits maturing in the next 272 days in a year will now get interest at the rate of 6.00 percent. Yes, Bank is offering interest with a maximum standard rate of 7 percent per annum on deposits maturing in 1 year to 120 months.
Special Fixed Deposit Scheme
Yes, Bank has introduced a new special tenure of 15 months. On investing in this fixed deposit scheme, the common man will get interest at the rate of 7.25 percent. Senior citizens will get interest at the rate of 7.75 percent. Yes, Bank introduced Special Tenure Fixed Deposit Scheme from 20 months to 22 months on 12 October 22. The common people will get interest at the rate of 7.25 percent on the amount of investment to the depositor in this tenure. At the same time, the bank is offering an interest rate of 7.75 percent for senior citizens.
After increasing the repo rate of the Reserve Bank, the private and government banks of the country are increasing the interest rates of their fixed deposit schemes.
