How much is the YES Bank FD rate for senior citizens?

Senior citizens get an additional 0.50%-0.75% on their investments with YES Bank across different FD tenures. The highest interest rate for senior citizens is 7.75% for FDs ranging from 36 - 60 months.

Can I avail myself of a loan against the FD offered by YES Bank?

YES Bank offers loans against FD for up to 90% of the investment amount to its customers.

Is FD in YES Bank safe now?

Yes, FDs are very safe as the YES Bank has obtained a banking license from the RBI. They offer a wide range of tenures to suit different financial goals.

What is the interest rate of 272 days FD in Yes Bank?

Yes Bank offers a 6.25% interest rate on 272 days FD.

What is the interest rate of 18 months FD in Yes Bank?

Yes Bank offers a 6.75% interest rate on 18 months FD.

Can I add or update nominees in my Yes Bank FD?

Yes, you can add or even update the nominee details in your Yes Bank FD whenever you want, using different online channels or by contacting the customer care number 1800 1200.

What are the modes available for opening FDs with YES Bank?

You can open a YES Bank Fixed Deposit through NetBanking, YES Mobile App or YES Robot on the website, via WhatsApp or offline at any YES Bank branch.

What are the benefits of sweep-out fixed deposits in Yes Bank?

The YES Bank Sweep-Out FD allows automatic transfer of funds from a Fixed Deposit to a savings account when the balance is low. It provides easy access, liquidity and higher returns by automatically managing funds between a high-interest FD and a savings account.

What do you mean by YES Bank Floating Rate Fixed Deposit?

YES Bank Floating Rate Fixed Deposit is a type of FD where the interest rate changes with the RBI Repo Rate. It provides the safety of a fixed deposit along with the potential for higher growth when rates rise.

Will I be charged a fee to apply for a fixed deposit scheme in Yes Bank?

No, YES Bank does not charge any fee to apply for an FD. However, penalties may apply only if you withdraw the FD before maturity.

YES Bank Fixed Deposit Rates 2026: High Returns & Flexible Tenures

Name: YES Bank Fixed Deposit Rates
Brand: Interest Rates
Rating: 4.8 (8622 reviews)

Individuals who maintain a fixed deposit account with YES Bank for 36 -60 months can get up to 7.75% returns. For senior citizens, the FD rates range between 3.75%-7.75% across various tenures. Moreover, a person can start investing in YES Bank FDs with just ₹10,000. To learn everything related to the latest YES Bank fixed deposit rates, keep reading!

Key Highlights

YES Bank offers FD rates of up to 7% (regular) and 7.75% (senior citizens).
You can open FDs for different tenures ranging from 7 days to 120 months.
To invest in Yes Bank FDs, you need to start with a minimum of ₹10,000.

If you book a fixed deposit with a principal amount of less than ₹3 crore for 1 year 1 day, you will get 6.75% interest. In addition, senior citizens can get an extra 0.50% - 0.75% returns across different tenures.

For more clarity, you can verify through the Stable Money chart for interest rates of FD in YES Bank given on our mobile application.

Types of YES Bank FD Schemes

There are 3 different types of Fixed Deposit schemes at Yes Bank. You can choose any of them depending on your investment plan and eligibility:

Regular FD Scheme

You can invest in the regular FD with a minimum of ₹10,000 for flexible tenures (from 7 days to 10 years). These FDs come with an overdraft facility up to 90% of the FD value and a sweep-in facility.

For general customers, the rates vary between 3.25% and 7.00%. For customers aged 60+ years, the rate can be between 3.75% to 7.75%.

Floating Rate Fixed Deposit

YES Bank’s Floating Rate Fixed Deposit offers interest rates linked to the REPO rate with monthly resets. It helps you to adjust the returns to market conditions.

You can open it with a minimum of ₹10,000 for 1 to 3 years. It also comes with an overdraft facility of up to 90%, and provides additional interest benefits for senior citizens.

However, if you make premature withdrawals, it will attract penalties ranging from 1.00% to 3.00%.

Tax Saver Fixed Deposits

YES Bank Tax Saver Fixed Deposit helps investors claim tax deductions up to ₹1.5 lakh under Section 80C while earning assured returns. It offers higher interest rates and YES Rewardz benefits on investment.

The FD has a fixed 5-year lock-in period, allows investments between ₹10,000 and ₹1.5 lakh per financial year and provides quarterly or maturity-based interest payouts.

Term Wise YES Bank Fixed Deposit Rates

Once you have checked the YES Bank fixed deposit rates PDF online, you can refer to the following section to get return estimates over different periods.

Short Term: Let us assume that a person below 60 years decides to invest ₹2,50,000 in a YES Bank fixed deposit for 6 months. The bank will offer him/her ₹7,391 after maturity at 6.00% p.a. interest. However, for senior citizens, the total return will be ₹7,998 as they will receive an additional 0.50%.
Medium Term: For mid-term financial goals, a person can open a YES Bank fixed deposit and maintain their investment for 3 years. In this case, they will receive ₹57,860 on a principal of ₹2,50,000, as the bank offers a 7% return compounded quarterly.
Long Term: To fulfil long-term goals, a person can invest for 5-10 years and earn competitive interest rates of FD in YES Bank. For instance, if someone puts ₹4,00,000 in an FD for 10 years with YES Bank, they will be entitled to receive ₹3,81,202 at maturity.

Benefits of YES Bank Fixed Deposit

Some key benefits of opening a YES Bank FD account are:

Versatile Interest Payouts: Both cumulative and non-cumulative FD schemes offer attractive annual rates. Moreover, those availing a non-cumulative FD can choose monthly, quarterly or yearly interest.
Enhanced Flexibility: By verifying the interest rate chart, customers can pick a tenure that offers suitable interest rates. YES Bank FDs can be retained for a period of 7 days to 10 years.
Quarterly Compounding: Instead of yearly compounding, your principal and the accrued interest amount are quarterly compounded in YES Bank FD schemes.

In addition, customers can avail overdraft facilities against their FDs for up to 90% of their investment at the time of an emergency.

Eligibility to Avail YES Bank FD Interest Rates

The following entities can receive the attractive interest rate of FD in YES Bank:

Resident Indians
Non-Resident Indians
Sole proprietorship and partnerships
Family trusts
Associations and clubs

Documents Required to Avail YES Bank FD Interest Rates

To start receiving interest income from YES Bank fixed deposit rates, you must create an account by submitting:

Permanent Account Number (PAN)
KYC verification documents like Aadhaar card
Address proof documents like electricity/gas bill
Certificate of Incorporation/Registration (for companies)
Trust deed and registration certificate (for family trusts)
Copy of the by-laws when the applicant is a club, society or association

How to Open a YES Bank Fixed Deposit?

There are multiple ways to open a new Yes Bank FD online if you are an existing customer. These are the ways you can follow:

Using YES Mobile App

Log in to the YES Mobile app using your username and password. Tap on “Deposit” and then select “Fixed Deposit”. Choose your source account, FD type, deposit amount, tenure, maturity instructions and add a nominee if required.

Select whether you want the sweep-in facility or not, enter your MPIN and your FD will be opened successfully.

Through YES Robot

You can also open a Fixed Deposit using YES Robot in a few easy steps. Visit the YES Bank website and click on the YES Robot icon at the bottom-right of the screen or search for YES Robot on Facebook Messenger.

Start the chat by saying “Hi”, then type “Open FD” or “Open Deposit”. Log in using your customer ID and the OTP sent to your registered mobile number.

Choose the deposit type, enter the required details and once everything is verified, your FD will be opened successfully.

Through Net Banking

To open a Fixed Deposit online, visit the YES Bank website and log in to the customer portal using your username and password. After logging in, click on “Open New Fixed Deposit” from the left-hand menu.

Enter the required details such as the source account, deposit amount, branch, tenure and nominee. Choose whether you want the sweep-in facility, then click on “Open FD”. Enter the OTP sent to your registered mobile number and your FD will be opened successfully.

Through Phone Banking

You can also open a Fixed Deposit by calling 1800 1200. Choose the “Savings Account Related Query” option on the IVR menu, then select to speak with a customer care executive. The executive will guide you through the process and help you open your FD account.

Premature Withdrawal of YES Bank FD

No principal amount is deducted for early withdrawals on YES Bank fixed deposits. However, a 0.75% penalty can be levied on YES Bank fixed deposit rates if you redeem your funds in less than 181 days. The penalty increases to 1% of the promised interest if a person withdraws funds after 182 days or more but before maturity.

Calculate your premature FD withdrawal amount instantly! Use our Premature FD Calculator to find out how much you will receive.

Tax on YES Bank Fixed Deposit

The income that you generate from YES Bank fixed deposit rates is subject to 10% TDS if the amount exceeds ₹50,000 in a financial year. For senior citizens, TDS is deducted when their interest earnings become more than ₹1,00,000 in a single year.

To save the tax liabilities for up to ₹1.5 lakh every year, you can invest in YES Bank 5-year tax-saving fixed deposits. It helps to lawfully reduce your taxable income.

Compare YES Bank FD Interest Rates with Other Banks

Here, we have mentioned the highest interest rates on fixed deposits of some of the top private banks in India after the recent repo rate changes:

Tenure	Yes Bank	SBI	HDFC Bank	ICICI Bank	Axis Bank	Kotak Mahindra Bank
1 year	6.65% - 7.15%	6.25% - 6.75%	6.25% - 6.75%	6.25% - 6.75%	6.25% - 6.75%	6.00% - 6.50%
2 years	7.00% - 7.50%	6.40% - 6.90%	6.45% - 6.95%	6.45% - 6.95%	6.45% - 6.95%	6.70% - 7.20%
3 years	7.00% - 7.75%	6.30% - 6.80%	6.45% - 6.95%	6.45% - 6.95%	6.45% - 6.95%	6.40% - 6.90%
4 years	7.00% - 7.75%	6.30% - 6.80%	6.50% - 7.00%	6.50% - 7.10%	6.45% - 6.95%	6.40% - 6.90%
5 years	6.75% - 7.50%	6.05% - 7.05%	6.15% - 6.65%	6.50% - 7.10%	6.45% - 7.20%	6.25% - 6.75%

Yes Bank Overdraft Against Fixed Deposits

Overdraft against fixed deposits offers easy access to the funds in your fixed deposits without breaking them. You can easily avail an overdraft facility against your Yes Bank fixed deposit. Bank offers an overdraft facility of up to 90% of your fixed deposit ensuring liquidity whenever it is required.

Yes Bank FD Interest Calculator

You can calculate your returns from the Yes Bank fixed deposit using the Yes Bank FD Calculator given below:

Why Should You Choose Stable Money to Book Fixed Deposit?

Stable Money is a user-friendly platform that allows online investors to compare safe and secure FD deals in one place. Here, you can get fixed deposits that can earn you 8.30% interest per annum. Moreover, your deposits remain totally safe as they are insured under DICGC, a subsidiary of the RBI.

We advise you to compare the YES Bank fixed deposit rates with other providers via our app and choose the investment plan that best suits your needs.