New Delhi: Yes Bank has revised its interest rates for fixed deposit (FD) schemes. The adjustments within the interest rates are relevant for each common and senior residents, and are efficient from June 3, 2021.
The non-public lender at the moment provides FD schemes for tenures as brief as 7 days and so long as 10 years. With the revision in place, interest rates have modified for nearly all the FD schemes supplied by YES Bank.
Here are the revised interest rates of Yes Bank’s fixed deposit (FD) schemes:
– For FDs maturing in seven to 14 days, Yes Bank is providing a 3.25% interest price.
– 15 days to 45 days FD will fetch a 3.5% interest price.
– Yes Bank is providing a 4% interest rates on FDs maturing inside 46 to 90 days.
– On long run investments for FDs with a maturity interval of 9 months to lower than 1 12 months, traders will get a 5.75% annual price.
– 6% interest price is obtainable on all FDs maturing between 1 to 2 years.
– Yes Bank provides a 6.25% interest price on FDs maturing between 2 to three years.
– 6.50% interest price is supplied on all FD investments maturing in 3 years to 10 years.
Revised interest rates for FD schemes for senior residents
In India, banks often provide a better interest price to FD investments of senior residents. Yes Bank provides a 0.5% further interest rates on all such FDs. With the revised interest rates of FDs, the brand new rates for senior residents vary from 3.75% to 7.25%, relying on the maturity interval.
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