• Close

Press Release

YES BANK Launches YES: Head: Startup a Banking Service for Startup

  • Unique Start-up banking proposition complemented by a first-of-its-kind privileges program
  • Wide network of Alliance Partners to provide clients with unprecedented benefits
  • Access to YES BANK’s seamless Digital Banking services

Mumbai, September 28, 2016: YES BANK, India’s 5th largest private sector bank, today announced the launch of YES:Head-STARTUP; a full service banking proposition for tech or tech-enabled Start-ups, complemented by a first-of-its-kind privilege program.

In keeping with unique and specialized banking requirements of start ups, the YES:Head-STARTUP program will offer Customized Current Account, Innovative Digital & Cash Management Solutions, Comprehensive Trade-Forex Advisory Services, Dedicated ‘Start-Up’ focused Branches, Personal Banking Products / Credit Cards, Loan Products (Business & Personal) and Useful Alliances / Event Partnerships / Mentorship & Guidance Programmes for startups.

YES:Head-STARTUP clients will also get access to YES BANK’s seamless digital banking services which include India’s first UPI Banking platform and the award-winning API banking facility to enhance transactional efficiency.

Mr. Rana Kapoor, MD & CEO, YES BANK said, “The wave of new age Indian entrepreneurship is characterized by Design, Innovation and Creativity-led Entrepreneurship. At YES BANK, we believe that this phase of entrepreneurship in India can be furthered using the F.I.V.E. approach, which involves support at key life-stages of enterprises - Funding, Incubation, Vesting and Expansion. The ‘F.I.V.E.’ approach involves financial institutions at the fulcrum, delivering catalytic change by harnessing the power of entrepreneurship. The launch of YES:Head-STARTUP reinforces our unstinted commitment to nurturing and promoting entrepreneurship and innovation in India.”

In addition to comprehensive Banking services, YES BANK has partnered with marquee service providers in the startup space including Indian Angel Network (IAN), T-Hub, Registrationwala, Awfis, ISDI and VC Circle, to provide bespoke privileges as outlined below

Alliance Partner

Value Proposition

VC Circle

  • Special discounted price for VCCircle trainings calendar planned for the year
  • Assist Yes HeadSTART-UP(YHS) clients select suitable training programs and nominate team members to build a talent pool with relevant functional knowledge

Indian Angel Network

  • YHS clients to get First track opportunity at fund raising from IAN


  • 30% discount on fee charged for professional services rendered by Registrationwala to YES BANK clients registered under YES HeadSTART-UP Program


  • 15% discount on working space at awfis premises in Delhi, Mumbai & Bangalore for YES HeadSTART-UP clients
  • Cloud Credits & Service Providers – USD 3,000 in AWS Promotional Credit valid for 2 years & 1 year of AWS Support (up to $ 5,000)
  • Focused knowledge & banking sessions for YBL clients in AWFIS premises


  • 1 ½ day Design thinking Boot Camp once a Quarter
  • Deep discount on co-working space & ISDI Incubation services


  • Deep Discounts on Co-Working Spaces
  • A monthly business pitch program for YES BANK Clients to help reach out to Investors
  • Quarterly workshops by T-Hub mentors for YHS clients

Entrepreneur Magazine

  • Free 6 month subscription to Entrepreneur Magazine
  • Free registration to workshops & events
  • Bytes or column writing opportunity in Entrepreneur Magazine for YES HeadSTART-UP clients

The unique YES:Head-STARTUP Current Account provides maximum cost-saving features including the following:

  • No balance commitment for 1st year of relationship
  • Anywhere Banking any YES BANK location with no additional charges
  • Free anywhere payments and collections through cheque
  • Free RTGS/NEFT/Intra-Bank FT collections & payments
  • Best-in-class YES FIRST World Business Debit Card with higher transaction limits
  • Free banking through NetBanking, MobileBanking, PhoneBanking
  • Free At-Par Cheque book and Demand Drafts
10 YES BANK Branches across India strategically located in StartUp hubs in Mumbai, Pune, Gurgaon, Noida, Bangalore, Hyderabad, Ahmadabad, Chennai, Chandigarh & Kolkata, will serve target StartUp companies. Each of these branches will have dedicated staff to cater to the unique needs of startup entrepreneurs.


YES BANK is a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients.

YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 28 states and 8 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.

For more information, please visit the Bank’s website at  


Jitesh Patel

YES BANK Limited
Aniruddha Ghosh

Delna Irani

Elim Panda

download app

Android App for YES BANK
App Store for YES BANK
yes pay wallet

Digital Wallet with free Virtual card and UPI which can be used to send/receive money, mobile/DTH recharge, pay bills and much more

Read More