Yes Bank revises fixed deposit rates. Check latest FD interest rates here

Yes Bank offers multiple fixed deposit (FD) schemes to both regular and senior citizens. The bank provides fixed deposit schemes for a tenure starting from a period of 7 days (short term) to 10 years (long-term). The Bank has revised the interest rate on its term deposits effective 3 June 2021. After the latest revision, Yes Bank offers an interest rate of 3.25% on deposits maturing in seven to fourteen days, 3.5% on 15 to 45 days, and 4% on 46 to 90 days FDs. Yes Bank gives 4.5%, 5% on term deposits maturing in 3 months to less than 6 months and 6 months to less than 9 months respectively.

For FDs with a maturity period of 9 months to less than 1 year, the Bank gives an interest rate of 5.75%.

Term deposits maturing in 1 year to less than 2 years will fetch an interest rate of 6%. FDs maturing in 2 years to less than 3 years will give 6.25% whereas deposits maturing in 3 years to 10 years will give 6.50%.

Yes Bank latest FD rates (below ₹2 crores) for the general public effective 3 June 2021

7 to 14 days 3.25%

15 to 45 days 3.50%

46 to 90 days 4%

3 months to < 6 months 4.50%

6 months to < 9 months 5%

9 months to < 1 Year 5.25%

1 years < 2 years 6%

2 years < 3 years 6.25%

3 Years to <= 10 years* 6.50%

Yes Bank latest FD rates (below ₹2 crore) for senior citizens

Senior citizens continue to get 50 basis points higher interest rates than the general public. The bank offers interest rates from 3.75% to 7.25% on FDs maturing in 7 days to 10 years.

Meanwhile, On Friday, Yes Bank reported a ₹3,790 crore loss on a consolidated basis for the March quarter, as against a profit of ₹2,665 crore in the year-ago period, as the asset quality reverses faced due to the COVID-19 pandemic forced the bank to set aside money for potential loan losses.