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YES BANK: Revised Savings Account Interest Rate slabs

Mumbai, August 16, 2017: YES BANK, India’s fifth largest private sector Bank, has announced changes in its Savings deposit Interest Rates slabs for Resident & Non-resident customers, with effect from September 1, 2017.

Savings balances

Current Rate

New Rate w.e.f

1st Sept’17

Less than INR 1 Lakh

6% p.a.

5% p.a.

1 Lakh to less than 1 Crore

6% p.a.

6% p.a.- unchanged

1 Cr and above

6.5% p.a.

6.25% p.a.

 

YES BANK today leverages its network of 1,020 branches, over 1,800 ATMs, and provides a wide range of product offerings along with a strong digital presence to offer best-in-class banking services for all customer segments with growing emphasis on retail banking customers.

About YES BANK

YES BANK, India’s fourth largest private sector bank is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. 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 29 states and 7 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 http://www.yesbank.in/

YES BANK Limited
Jitesh Patel
Email: jitesh.patel@yesbank.in

Adfactors
Jyothi Goswami
Email: jyothi@adfactorspr.com

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