Yes Bank has given a gift to its customers by revising the interest rates of fixed deposits. Let us know about them in detail…
The bank has increased interest rates on fixed deposits of less than Rs 2 crore. Now the interest rate on FDs maturing in seven days to 10 years has increased from 3.25 percent to 7.75 percent. It will be even more beneficial for senior citizens and they will get 0.50 percent more interest on getting Yes Bank FD.
That means, for senior citizens, interest ranging from 3.75 percent to 8.25 percent is being offered on making FD in the bank.
The bank is giving 7.25 percent interest to common citizens on FD of 1 year and 7.75 percent interest on FD of 18 to 24 months.
The new interest rates determined by Yes Bank after the latest changes have been implemented from November 21, 2023.
If compared with other banks, ICICI Bank is giving 3% to 7.1% interest on FDs maturing in 7 days to 10 years.
HDFC Bank is offering FD rates ranging from 3 percent to 7.20 percent to common citizens for this tenure period.
At the same time, the FD rates of SBI, the country’s largest bank, are fixed from 3 percent to 7.1 percent on FDs of 7 days to 10 years.
