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Recurring Deposit

Recurring Deposit

Save up for your future by putting away a sum as low as Rs. 1000 into a Recurring Deposit every month!

NRI Recurring Deposit

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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 7.10% 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No interest is payable if NRE Recurring deposit is withdrawn before completion of 12 months 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

  • 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

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

flexi-tenure

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  • No interest is payable if NRE Recurring Deposit is withdrawn before completion of 12 months

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Documents Required

  • Interest Rates
  • GIB Schedule of Charges
  • Terms and conditions - P.O. Box Facility
  • Promotional Offer for GIB 2017-18
  • Promotional Offer - FD Campaign 19th February 2018
  • Documents Required for Account Opening

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