At YES BANK we understand that Senior Citizens have specific needs when it comes to Fixed Deposits. We therfore offer flexible deposits at preferential interest rates for Senior Citizens.
Unmatched convenience & rates of return --
• Best in Class Fixed Deposit rates
• AQB requirement of only Rs 5,000 (Rs. 2500 in select branches) which is relaxed to a zero if a Fixed Deposit of Rs 50,000 is maintained with YES BANK
• Free for life Debit Cards giving you customizable withdrawal limits
• Free and unlimited withdrawals at all MasterCard/Cash tree/NFS ATMs across the country
• Easy to use Internet Banking for transactions & requests
YES, We Care – Insurance offers for Senior Citizens
• Personal Accident Insurance up to Rs 1 lakh
Family is everything – Special Pricing offers for families of Senior Citizens
• Balances across the main account & accounts of family members will be taken into consideration to cover the minimum expected relationship size
• Flexibility to maintain balances across both Savings Accounts & Fixed Deposits
Other Discounts
• Preferential Pricing on Demat Accounts with a one year waiver on Annual Maintenance Charges
• Special pricing on Broking charges on online trading accounts available through our partnerships with reputed firms
• Free Research backed financial planning
(Assuring you of our Best Service Always)
• A dedicated service Relationship Manager at the branch
• State of the art branches with lounges for your banking comfort
• A YES Money Plant as a token of our respect from our Founder, MD & CEO, when a Senior Citizen first opens an account
Interest Rates for Fixed Deposits for Senior Citizens :
|
Tenor |
Interest Rate ** (% p.a) w.e.f 1st April 2013 |
|
For deposit less than INR 1 Crore |
| 7 to 45 days |
5.75% |
| 46 to 90 days |
7.00% |
| 3 months to < 6 months |
8.75% |
| 6 months to < 9 months * |
9.00% |
| 9 months to < 1 Year |
9.50% |
| 1 Year to < 3 Years * |
9.75% |
| 3 Years to <= 10 Years |
9.50% |
|
|
|
*Special Rates |
|
| 271 days |
9.50% |
| 15 Months 15 Days to 16 Months |
10.00% |
Note:
1. For reference purpose interest rate slabs considered are 3 months = 91 days; 6 months = 181 days; 9 months =272 days
2. Actual Number of days will be calculated at the time of booking
3. For less than 1 year deposit, please mention tenure in days
4. Reinvestment is available for minimum tenure of 6 months 1 day (actual number of days in the month)
** Interest rates are subject to change at the sole discretion of the Bank.
