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The YES BANK NRE Recurring Deposit is designed to help you prepare for the future. It enables you to make a financial provision by investing a fixed amount every month for a defined period. At the end of pre-defined period you are paid back the lump sum including the principal and interest.
Earn up to 6.75% p.a.*
Open an NRE RD with as little as INR 1,000
Interest of NRE recurring deposit is Taxfree in India
No interest is payable if NRE Recurring deposit is withdrawn before completion of 12 months
Minimum monthly installment of INR 1,000 and in multiples of INR 100 thereof
Easy way of paying monthly installment by providing a one-time standing instruction from your YES BANK NRE Savings Account
Minimum monthly installment of INR 1,000 and in multiples of INR 100 thereof
Interest rates similar to NRE Fixed Deposit rates
Interest rates similar to NRE Fixed Deposit rates
Interest rate on NRE Recurring Deposit is subject to change from time to time
Minimum tenure of 12 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years
Minimum tenure of 12 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years
No interest is payable if NRE Recurring Deposit is withdrawn before completion of 12 months
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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