This Bank has changed the interest rates on fixed deposits. Interest rates have been increased for FD schemes of less than 2 crores. The new rates have also become effective.
Bank FD: Fixed Deposit is considered a better option for savings than a savings account. FD offers safe returns and attractive interest. There are many banks which are currently offering great interest. Yes Bank has recently changed the interest rates available on FD schemes with an amount of less than 2 crores. It is one of the major banks of the country. The new rates have also become effective by the bank.
Yes Bank is currently offering interest ranging from 3.75 per cent to 825 per cent on FD schemes maturing in different tenures. According to the official website of the bank, the bank is paying 3.25 per cent interest on FDs of 7-14 days. At the same time, 3.70 percent interest is being received on FD of 15-45 days. The highest interest is being received from FDs ranging from 18 months to less than 36 months. The interest rate is 8.25 percent.
4.10 per cent on FDs of 46 to 90 days, 4.75 per cent on FDs of 91 to 180 days, 6 per cent on FDs of 181 to 271 days and 6.25 per cent on FDs of 271 to 1 year are being given by the bank to the customers. 7% interest will be available on FDs of 36 to 120 months. The bank is paying 6.75 per cent interest on FD scheme of 18 months to 3 years and 7.50 per cent interest on FDs of 1 year to 18 months.
