Yes Bank Revises Interest Rates On Fixed Deposits of Less Than Rs. 2 Cr (W.e.f. 4th January 2022)

The private sector lender Yes Bank has revised its interest rates today on fixed deposits of less than Rs. 2 Cr. Following the most recent modification, the bank is now offering regular citizens an interest rate of 3.25 percent to 6.25 percent and senior citizens an interest rate of 3.75 percent to 7.00 percent on fixed deposits of less than Rs. 2 crores. The bank has also made interest rate revisions on NRE Deposits, Recurring deposits, and NRE Recurring deposits.

Yes Bank Fixed Deposit Interest Rates

On fixed deposits of less than Rs. 2 Cr maturing in 7 to 14 days, 15 to 45 days, 46 to 90 days and 3 months to < 6 months, Yes Bank is now offering an interest rate of 3.25%, 3.50%, 4.00% and 4.50% to the general public. Regular citizens will now get an interest rate of 4.75%, and 5.00% on their deposits maturing in 6 months to < 9 months and 9 months to < 1 Year. Whereas deposits maturing in 1 year < 18 months, 18 months < 3 years and 3 years <= 10 years will fetch an interest rate of 5.75%, 6.00% and 6.25% to the general public. Senior citizens will continue to get an additional rate of 0.50% on their deposits across tenors ranging from 7 days to less than 3 years. Senior citizens will also get an additional rate of 0.75% on their deposits maturing in 3 years to less than or equal to 10 years.

Period	Regular Interest Rates	Annualised Yield	Senior Citizen Interest Rates	Annualised Yield
7 to 14 days	3.25%	3.25%	3.75%	3.75%
15 to 45 days	3.50%	3.50%	4.00%	4.00%
46 to 90 days	4.00%	4.00%	4.50%	4.50%
3 months to < 6 months	4.50%	4.50%	5.00%	5.00%
6 months to < 9 months	4.75%	4.78%	5.25%	5.28%
9 months to < 1 year	5.00%	5.06%	5.50%	5.58%
1 Year < 18 months	5.75%	5.88%	6.25%	6.40%
18 Months to < 3 years	6.00%	6.14%	6.50%	6.66%
3 Years to <= 10 years	6.25%	6.40%	7.00%	7.19%
Source: Bank Website. W.e.f 4th January 2022

Yes Bank NRE Fixed Deposits Interest Rates

Yes Bank is giving the following interest rates per annum on NRE Fixed Deposits of less than Rs. 2 crores as of January 4, 2022. Customers should be aware that the additional interest rate on fixed deposits for senior citizens is not applicable on NRE and NRO Fixed Deposits.

Period	Interest Rate
12 Months	5.75%
15 Months	5.75%
18 Months	6.00%
21 Months	6.00%
24 Months	6.00%
27 Months	6.00%
30 Months	6.00%
33 Months	6.00%
36 Months	6.25%
5 years and above upto 10 Years	6.25%
Source: Bank Website. W.e.f 4th January 2022

Yes Bank Resident Recurring Deposit Interest Rates (W.e.f. 4th January 2022)

Yes Bank is now granting the following interest rates per annum on recurring deposits of up to Rs. 1.99 Cr per month.

Period	Regular Interest Rates	Senior Citizen Interest Rates
6 Months	4.75%	5.25%
9 Months	5.00%	5.50%
12 Months	5.75%	6.25%
15 Months	5.75%	6.25%
18 Months	6.00%	6.50%
21 Months	6.00%	6.50%
24 Months	6.00%	6.50%
27 Months	6.00%	6.50%
30 Months	6.00%	6.50%
33 Months	6.00%	6.50%
36 Months	6.25%	7.00%
5 years upto 10 Years	6.25%	7.00%
Source: Bank Website. W.e.f 4th January 2022

Yes Bank NRE Recurring Deposit Interest Rates

Yes Bank is now guaranteeing the interest rates per annum indicated below on NRE Recurring Deposits of up to Rs. 1.99 Cr per month, following a modification made on January 4, 2022.

Period	Interest rates per annum
12 Months	5.75%
15 Months	5.75%
18 Months	6.00%
21 Months	6.00%
24 Months	6.00%
27 Months	6.00%
30 Months	6.00%
33 Months	6.00%
36 Months	6.25%
5 years and above up to 10 Years	6.25%
Source: Bank Website. W.e.f 4th January 2022