Yes Bank, a leading private sector bank, has surprised its customers by lowering the interest rates on Fixed Deposits (FDs).
Effective from April 1, 2025, the bank has reduced the interest rate on some FD tenures by 0.25%.
This change comes after the Reserve Bank of India (RBI) reduced the repo rate, prompting many banks, including HDFC Bank, to follow suit.
The RBI is also expected to hold another meeting in April, where further repo rate cuts may be announced.
New FD Interest Rates at Yes Bank
Yes Bank’s revised FD interest rates are now between 3.25% and 7.75% for general customers and between 3.75% and 8.25% for senior citizens.
The highest interest rate is offered on a 12-month FD, with general customers receiving 7.75% and senior citizens getting 8.25%. These rates apply to FDs up to ₹3 crore.
Detailed Yes Bank FD Rates
7 to 14 days: 3.25% (general) / 3.75% (senior citizens)
15 to 45 days: 3.70% (general) / 4.20% (senior citizens)
46 to 90 days: 5.00% (general) / 4.60% (senior citizens)
91 to 120 days: 5.00% (general) / 5.25% (senior citizens)
121 to 180 days: 5.00% (general) / 5.50% (senior citizens)
181 to 271 days: 6.25% (general) / 6.75% (senior citizens)
272 days to less than 1 year: 6.50% (general) / 7.00% (senior citizens)
1 year to less than 24 months: 7.75% (general) / 8.25% (senior citizens)
24 months 1 day to less than 36 months: 7.25% (general) / 7.75% (senior citizens)
36 months to 60 months: 7.25% (general) / 8.00% (senior citizens)
60 months: 7.25% (general) / 8.00% (senior citizens)
60 months 1 day to 120 months: 7.00% (general) / 7.75% (senior citizens)
These new rates provide an updated overview of Yes Bank’s FD options, ensuring customers are informed about their savings potential.
