Recurring Deposit
Save up for your future by putting away a sum as low as Rs. 1000 into a Recurring Deposit every month!
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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.
key attractions
EARN
Earn up to 7.00% p.a.*
NRE RD
Open an NRE RD with as little as INR 1,000
features & benefits
tax-free
Interest of NRE recurring deposit is Taxfree in India
No interest is payable if NRE Recurring deposit is withdrawn before completion of 12 months
easy installment
Minimum monthly installment of INR 1,000 and in multiples of INR 100 thereof
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Easy way of paying monthly installment by providing a one-time standing instruction from your YES BANK NRE Savings Account
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Minimum monthly installment of INR 1,000 and in multiples of INR 100 thereof
Interest rates
Interest rates similar to NRE Fixed Deposit rates
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Interest rates similar to NRE Fixed Deposit rates
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Interest rate on NRE Recurring Deposit is subject to change from time to time
flexi-tenure
Minimum tenure of 12 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years
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Minimum tenure of 12 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years
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No interest is payable if NRE Recurring Deposit is withdrawn before completion of 12 months
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