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YES BANK strengthens its presence in Uttar Pradesh

Becomes the 1st Private Sector Bank to launch a state-of-the-art branch in Kunda, Pratapgarh

Kunda, September 05 2013: YES BANK, India’s fourth largest private sector Bank, further strengthened its presence in Uttar Pradesh with the opening of its first branch in the Kunda tehsil in Pratapgarh district, and it’s 21st in the state of Uttar Pradesh. This state-of-the-art branch at Kunda will further leverage the Bank’s growing business opportunities in North India and will offer comprehensive financial solutions, specifically catering to the requirements of the region.

YES BANK was the first Bank to offer an Interest rate of 7.0% for Resident as well as Non-Resident Indians (NRE/NRO) Savings accounts, with balances over Rs. 1 Lakh and 6% interest for balances below Rs. 1 Lakh. Customers in Kunda can now pay life and non-life insurance premiums as well as telephone and cellular bills across multiple service providers. Voice enabled Phone Banking services and Mobile payment from one mobile number to another are amongst the many other convenient services also being introduced.

YES BANK currently has a network of over 500 branches pan India with over 1050+ ATMs, and 2 National Operating Centres in Mumbai and Gurgaon. This high-tech branch in Kunda will showcase cutting edge banking technologies which achieves YES BANK’s objective to transform branches from being just a transaction outlet to a ‘Service Oriented Advisory Centers’, thus shifting the focus from providing plain vanilla transactions to high-end value added services.

YES BANK’s Innovative offerings

Savings Account: 7% interest on balances over Rs 1 Lakh and 6 % for less than 1 Lakh.

NRI Deposits: Fixed deposit rates of upto 9.10% pa.

Single Password Access to all banking channels.

Comprehensive Life Cycle banking solutions for SMEs including Cash Management and Trade solutions

Wealth Advisory: Financial advice across Mutual Funds, Life and General Insurance, Real Estate, Art and Structured Products

YES BANK has been widely recognized with various national and international awards and accolades for its differentiated approach, world class service and business initiatives and performance. Recently, YES BANK was recognized as the Best Managed Bank in India for a 3-Year Period, 2011-2013 at the Asian Banker Leadership Achievement Awards 2013 at Jakarta, Indonesia and was also awarded with the coveted Golden Peacock Global Business Excellence Award at the Dubai Global Convention, 2013.

ABOUT YES BANK

YES BANK, India’s fourth largest private sector Bank, is the outcome of the professional & entrepreneurial commitment of its Founder, Rana Kapoor and his top management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the Future Businesses of India. YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers. YES BANK has a knowledge driven approach to banking, and a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the vision of “Building the Best Quality Bank of the World in India” by 2015.

For media queries, please contact:

Ajay Aswani
YES BANK
Ph.: +91 9820415593
Email: ajay.aswani@yesbank.in

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