My First YES Personal Banking Program

My First Yes

A bank account that gives your child financial literacy and you an avenue to save for your child's future

My First YES

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Watch money grow in your child's piggy bank with My First YES Account, which gives you the benefit of higher returns along with an opportunity to guide your child to manage their savings.

My First YES Account is the first step towards financial literacy for your child. This bank account gives your child the platform to learn the basics of banking and parents an avenue to save for their child's future in the form of Fixed Deposits and Recurring Deposits. The Debit Card with variable limits allows teenagers to an easy access to their pocket money.

key attractions


Average Monthly Balance (AMB) requirement of just INR 2,500


Earn higher interest rate of 6% p.a. with your YES BANK Savings Account^

features and benefits

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Earn higher interest rate of 6% p.a. with your YES BANK Savings Account^

  • Earn higher interest rate of 6% p.a. with your YES BANK Savings Account^

  • Quarterly payout of Savings interest


Disclaimer: ^With effect from September 1, 2017 interest rate of 5% p.a. for balances upto INR 1 lakh, 6% p.a. for balances of INR 1 lakh upto INR 1 Crore, , 6.25% p.a. is applicable for balances of INR 1 Crore upto INR 100 Cr. For amounts greater than INR 100 Crore, please contact the branch or your designated Relationship Manager. Rates are subject to change at the sole discretion of YES BANK. Conditions apply.

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Waiver on AMB requirement with a Fixed Deposit**

  • Waiver on AMB requirement with a Fixed Deposit**

  • Free RTGS/NEFT payment facility through NetBanking

  • Free Demand Draft issuance upto defined limits through Branch and NetBanking

  • Free utility bill payment facility through Net Banking for registered billers

**Refer to Schedule of Charges

More Convenience

Unlimited access to ATMs of any bank across India

  • Facility to customize withdrawal limits on Debit Cards^ allowing parents to set the limit that a child can withdraw in a day (INR 1,000/INR 2,000/INR 5,000). This facility is available for minors of age 10 years and above on request.

  • Free Personalized Under Guardian cheque book

  • View only access on request to the Minor and transactional access to the Guardian

  • Unlimited access to ATMs of any bank across India*

  • True Anywhere Banking facility for access to any YES Bank branch across India*

  • Mobile and SMS Banking to keep you updated on the account activity on-the-go

  • Convenience of Single Personal Identification Number for all electronic channels including Internet, Mobile, Phone and ATM Banking.

^Platinum International Chip Debit Card for international transactions with higher limits on ATM and POS available on request

*Please refer Schedule of Charges applicable as per Saving account variant


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Have any other query?

Q. Who is eligible to open My First YES Account?

A.The account is available to children in age group of 1 day to 18 yrs. It is a pre-requisite for the parent/ guardian to also hold an account with YES Bank. In event of the parent/ guardian not holding a YES Bank Savings Account, both the accounts (parent's Saving Account and My First YES Savings Account) can be simultaneously opened.


Q. How can I receive my account statements?

  1. Every customer receives his/her physical account statement at pre-defined frequency at his/her mailing address as provided in account opening form. You can also register your email id with YES Bank to receive monthly e-statement for your account. You can also view your account summary and account statement through your internet banking login on our YES Bank Website.


In spite of countless investment opportunities available in India, fixed deposits continue to be the most popular investment scheme. Know More

Other accounts & programmes

Customizable Savings Accounts Online

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YES GRACE Personal Banking Program

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Recurring Deposit Online

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Fixed Deposit Schemes

  • apply
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Android App for YES BANK
App Store for YES BANK
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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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Download Forms

  • Account opening form individual (English)
  • Account opening form individual (Hindi)
  • Debit card net banking registration form
  • Add on account opening form individual
  • Schedule of Charges