Institutional Banking
Innovative products and services for various Trusts & NGOs
YES BANK Institutional Banking, a comprehensive offer delivering the finest banking solutions through innovative products and services, combined with special privileges, best in industry savings deposit interest rate and uncompromising service commitment, to suit the needs of Trusts including PF Trusts, Associations, Societies including Co-operative Societies and Housing Societies, Clubs, Educational Institutions, Non-Government Organizations (NGOs), Section 25/ 8 Companies, Hospitals, Government Institutions and Defense Establishments.
Comprehensive Banking Solutions with innovative products and services and special privileges.
High Interest Rate: 6% p.a. to quickly increase your savings
Across all YES BANK Branches ATMs Free unlimited transactions at YES BANK and other bank ATMs across India
True “Anywhere Banking” across all YES BANK Branches & ATMs: Free unlimited transactions at YES BANK and other bank ATMs across India
Best-in-class Fixed Deposit interest rates
Free Unlimited Pay Orders and Demand Drafts at YES BANK locations
Free personalized Payable at Par Cheque Books
Free Local Cheque Collection
Free Outstation Cheque collection (at YES BANK locations)***
Free Physical Account statements
Debit Card available on request
Dedicated Relationship Manager - a Single point of contact for all banking needs
Free Standing Instruction Maintenance
*** Conditions Apply
YES FIRST – Premium Banking Solutions for Trustees**
Pick-up of cash/cheques from the organization premises
Internet Payment Gateway
Online Donation Portal on YES BANK website
Convenience of other superior new age online modes of collections
Online and Offline Payment Solutions
Tax Payment Solutions
Preferential pricing on POS machines
FCRA Account for receiving foreign contribution subject to approval from Ministry of Home Affairs
YES FIRST – Premium Banking Solutions for Trustees**
Best in class Fixed Deposit Rates with additional 0.50% extra for Senior Citizen Trustees
No pre-payment penalty on Fixed Deposits***
** Subject to fulfilment of Program Criteria
*** Conditions Apply
Documents Required
Q. Which document needs to be submitted in case the Trust/Society is exempt from payment of Income-tax?
A. Certificate of Tax exemption issued under section 12A of the Income Tax Act, 1961
Q. Can Resolution of Account Opening be accepted as a Relationship Proof between Trust/Society AND Unit of Trust/Society?
A. YES Resolution of Account Opening be accepted as a Relationship Proof between Trust/Society AND Unit of Trust/Society
Digital Wallet with free Virtual card and UPI which can be used to send/receive money, mobile/DTH recharge, pay bills and much more
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