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Yes Bank Revises Interest Rates On FDs, Now Offers Highest 8.25% To Senior Citizens
Leading private sector lender, Yes Bank has revised the interest rates on fixed deposits (FDs) below Rs 2 crore. The revised rates are effective from Tuesday, May 02, 2023, according to the bank's official website.
According to Yes Bank's website, following the revision, the bank now offers interest rates ranging between 3.25% to 7.75% to general citizens, while for senior citizens, the interest rates range from 3.75% to 8.25%. The abovementioned interest rates are applicable on the deposit period of 7 days to 120 months.
The Bank offers the highest interest rate of 7.75% for the general public and 8.25% for senior citizens on a deposit period of 18 to 36 months. While on the deposit period of 1 year to 18 months, the bank offers 7.50% to the general public and 8% to senior citizens.
According to the Yes Bank, senior citizens rates are applicable only for Domestic Deposits.
Fixed Deposit Interest Rates (% P.A) for
| Period | Regular Interest Rates | Senior Citizens Interest Rates |
|---|---|---|
| 7 days to 14 days | 3.25% | 3.75% |
| 15 days to 45 days | 3.70% | 4.20% |
| 46 days to 90 days | 4.10% | 4.60% |
| 91 days to 180 days | 4.75% | 5.25% |
| 181 days to 271 days | 6.00% | 6.50% |
| 272 days to | 6.25% | 6.75% |
| 1 Year to | 7.50% | 8.00% |
| 18 Month | 7.75% | 8.25% |
| 36 months to | 7.00% | 7.75% |
Source - Yesbank.in
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