Yes advantages

• Favourable interest earnings
• Withdraw your deposit in units as low as Re 1/-
• Easy funds withdrawal through our sweep-in facility
• Avail of overdrafts against your deposits at competitive rates, giving you complete funds liquidity
• Auto Renewal, ensuring that your Fixed Deposit will be rolled over for the existing period of the deposit, even if you forget to give instructions
• Tax Saver Deposits - (5 years tax free Fixed Deposit)

Important :
As per section 206AA introduced by Finance (No. 2) Act, 2009 wef 01.04.2010, every person who receives income on which TDS is deductible shall furnish his PAN, failing which TDS shall be deducted at the rate of 20%(as against 10% which is existing TDS rate) in case of Domestic deposits and 30.90% in case of NRO deposits

Please further note that in the absence of PAN, Form 15G/H and other exemption certificates will be invalid even if submitted & penal TDS will be applicable.

Please visit nearest YES BANK branch to submit or confirm updation of your PAN with the bank.

• Interest Rates for Fixed Deposits




Rates applicable for General Category
Period	Interest rates ( per annum)
	Rates applicable from 7th August, 10
	Less than INR 15 lacs
7 to14 Days	3.50%
15 to 30 Days	3.50%
31 to 45 Days	4.00%
46 to 90 Days	4.50%
91 Days	5.25%
92 Days to 180 Days	5.50%
181 Days	6.50%
182 Days to 270 Days	6.25%
271 Days	6.25%
272 Days to less than 1 Year	6.75%
1 Year to 13 Months	7.10%
13 Months 1 Day	7.25%
13 Months 2 Days to 18 Months	7.10%
18 Months 1 Day to 2 Years	7.25%
2 Years 1 Day to 3 Years	7.75%
3 Years 1 Day to 5 Years	7.75%
Greater than 5 Years	7.75%





Rates applicable for Senior Citizens
Period	Interest rates ( per annum)
	Rates applicable from 7th August, 10
	Less than INR 15 lacs
7 to14 Days	4.50%
15 to 30 Days	4.50%
31 to 45 Days	5.00%
46 to 90 Days	5.50%
91 Days	6.25%
92 Days to 180 Days	6.50%
181 Days	7.50%
182 Days to 270 Days	7.25%
271 Days	7.25%
272 Days to less than 1 Year	7.75%
1 Year to 13 Months	8.10%
13 Months 1 Day	8.25%
13 Months 2 Days to 18 Months	8.10%
18 Months 1 Day to 2 Years	8.25%
2 Years 1 Day to 3 Years	8.75%
3 Years 1 Day to 5 Years	8.75%
Greater than 5 Years	8.75%

Note:

• Please contact our nearest Branch for Interest Rates for values equal or above Rs. 15 lacs
• Rates for monthly interest payout will be discounted based on the prevailing rates
• No penal charges on pre-mature withdrawal, however the rate applicable will be lower of:
• The original rate at which the deposit has been booked or
• The rate applicable for the tenure for which the deposit has been in force with the Bank.
• Your interest is calculated on a quarterly basis for deposits of over 6 months. For those deposits with a tenure of 6 months and below, the interest is calculated at maturity as Simple Interest.


• Term Deposit Account Opening Form

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• Documentation Checklist
• Download Application Form (in PDF fromat) and mail it to our Branch
  • Savings Account Form
  • Current Account Form
• Download Form 15G and 15H (in PDF format) and mail it to our Branch
  • Form 15G
  • Form 15H
• Terms and Conditions