YES BANK will offer its special banking programme YES VIJAY at National Defence Academy, Pune
- Savings Account: Superior interest rates on Savings Accounts with no minimum balance requirement
- Cash Management Solutions for CSDs, Defence Clubs and Schools
- Preferential Interest Rates: Preferential interest rates for loans and fixed deposits
- Free unlimited ATM cash withdrawal
- No IMPS or NEFT transaction charges: Multi-channel 24/7 easy Digital Banking service access with no IMPS or NEFT transaction charges levied
- Enhanced Personal Accidental Insurance cover of Rs. 30 lakh for serving personnel
- Wealth Advisory: Financial advice across Mutual Funds, Life and General Insurance and Equity markets
Mumbai, October 9, 2017: YES BANK, India’s fifth largest private sector Bank, further strengthened its presence in the state of Maharashtra, with the launch of its branch at National Defence Academy, Pune, to provide the customised banking solution, YES VIJAY, to officers of the Indian Army, their families and civilians working at NDA. The branch was inaugurated by Brig. Zubin A. Minwalla, YSM (Brigadier Adm, NDA).
Brig. Zubin A. Minwalla inaugurating YES BANK branch at National Defence Academy, Pune
Speaking on the occasion, Pralay Mondal, Senior Group President, Retail and Business Banking, YES BANK, said “YES BANK salutes the Armed Forces for their indomitable spirit and contribution to the nation. Defence Personnel need specific financial guidance to suit needs that are unique to their lifestyle. At YES BANK, we follow a novel knowledge-based approach that provides our customers well-researched customized solutions; YES-Vijay programme for Defence Personnel is an outcome of this philosophy. The officers and their family members can now enjoy finest banking experience with YES BANK being their trusted partner.”
Under YES-Vijay programme for Defence Personnel, YES BANK offers digitally-powered zero balance Savings Account to all defence personnel with unlimited free ATM transactions in India. When compared to other large banks, YES BANK offers up to 70% higher return on Savings Interest rate with balances of INR 1 lakh and above attracting interest rate of 6% p.a. YES BANK has also increased the personal accident cover for serving Defence personnel from the existing Rs. 5 lakh cover to Rs. 30 lakh. Additionally, YES BANK will offer a host of cash management and POS solutions to CSDs, Defence clubs and Schools.
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/