Fixed Deposit

Yes Bank fixed deposit (FD) rates for senior citizens range from 5.50% to 7.75%.IndusInd, IDFC First Bank and Yes Bank offer interest rates upto or higher than 7%.

  1. Fixed deposits offer better interest rates v/s Saving Accounts and are safe (no – risk investment) when compared to market linked investments. Interest rates on fixed deposits increase with longer tenures and higher deposit amounts. MORE REASONS TO SAY YES! Safeguard your savings by investing in Fixed Deposit with YES BANK.
  2. Yes Bank offers fixed deposit schemes for Non-Resident Indians (NRIs) that have attractive interest rates of up to 6.75% p.a. With flexible tenures starting from 1 year onwards and a minimum deposit amount of Rs.10,000. The NRE fixed deposits are tax-free in India and come with auto-renewal and 24x7 internet banking options.

Why let your money lie idle in your savings account? Put it to work in a high interest rate fixed deposit instead.

Rate

Earn a higher interest than a savings account and that too with total security of your funds with Deutsche Bank Fixed Deposit.

  • The minimum amount you can invest is Rs. 20,000
  • The maximum tenure is 5 years
  • Avail overdraft^ upto 95% against your fixed deposit at competitive rates
  • Nomination facility available
  • Online booking facility available

Domestic and NRO Fixed Deposit rates

w.e.f. February 18, 2021

Tenure < Rs. 2 crores
Interest RateInterest Rate for Senior Citizens*
7 Days1.801.80
8 - 14 Days1.801.80
15 - 29 Days2.502.50
30 Days3.003.00
31 - 45 Days3.003.00
46 - 59 Days3.003.00
60 - 89 Days3.253.25
90 - 99 Days3.503.50
100 Days3.253.25
101 - 180 Days3.253.25
181 - 270 Days3.653.65
271 Days - 1 Yr3.853.85
> 1 Yr - 1.5 Yrs4.004.00
> 1.5 Yrs - 2 Yrs4.254.25
> 2 Yrs - 3 Yrs4.504.50
> 3 Yrs - 4 Yrs5.005.00
> 4 Yrs - < 5 Yrs5.255.25
5 Yrs6.006.00

Please note :

  • Interest Rate per annum (%).
  • Special interest rates quoted above are applicable for deposits of value less than Rs. 2 crores only.
  • No interest is payable for deposits withdrawn prematurely before 7 days.
  • Premature withdrawal
    In case of premature withdrawal of fixed deposits on 7th day or thereafter, the interest rate will be 1.00% below the applicable interest rate for the deposit. The applicable interest rate will be the rate as on the date of booking for the period for which the deposit has run. This will be applicable for all deposits including renewals.
  • Minimum fixed deposit amount is Rs. 20,000.
  • Interest Rates are subject to change without prior notice.
  • The following interest payout options available for the customer
    • Monthly
    • Quarterly
    • Cumulative
  • *Applicable only for Retail Deposits - Resident Indian Senior Citizens i.e. Resident Individuals of age
    60 years & above and excludes Non-Resident individuals, Individuals in their capacity as a Karta in HUFs and all non individuals. Incase of joint accounts the first holder should be a senior citizen to avail of these rates.
  • These interest rates will be applicable for new fixed deposits and renewal of existing fixed deposits booked from the effective date given above. These rates will not be applicable for existing deposits booked at earlier rates. As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of the fixed deposit and interest will be paid at the contracted rate irrespective of change in the fixed deposit rates thereafter.
  • In case of monthly interest payout, interest shall be calculated for the quarter and paid monthly at a discounted rate in line with RBI directives.
  • In case of deposits where interest is paid out at maturity (cumulative interest bearing deposits), interest is calculated and compounded every quarter, basis account opening date. This interest amount so calculated is added to the principal amount in your term deposit account at the end of every calendar quarter.
  • The Bank considers both a leap year (366 days) and a non-leap year (365 days) as 1 completed year for calculating the tenure of a fixed deposit. In case a customer books a fixed deposit for 1 year in a leap or a non-leap year, the interest applicable on this deposit will be for the tenure 1 year. Similarly if a customer books a fixed deposit for 2 years, which is spread over a leap year and a non-leap year, the interest applicable on this deposit will be for the tenure > 1.5 Yrs - 2 Yrs. This condition will be applicable for all tenures >=1 year spanning a leap year and a non-leap year

Systematic Investment Plan (SIP)

Small investment today will go a long way to build wealth for tomorrow.

Yes Bank Fixed Deposit Rates Today

Invest in SIP today!

Yes Bank Fixed Deposit Rates Nri

More Fixed Deposit options

Nre

Senior Citizen Fixed Deposit

Live carefree with special interest rate on selective tenures. Know more

NRI Fixed Deposit

Enjoy attractive returns with maximum liquidity with NRE or NRO Fixed Deposits.

Know more

Tax Saver Fixed Deposit

Invest in 5 year Tax Saver Fixed Deposit to earn higher interest and also save tax.

Know more

Apply for Fixed Deposit

SMS FD to 561615

Call 18602666601#


#Customers outside India need to dial +91 22 6601 6601. Customers in Mumbai can also call at +91 22 6601 6601. Call charges apply.

Useful Information

  • ^This is applicable only for certain tenures. Please refer to the Interest Rates for more details.
  • *Conditions apply - Fixed Deposit:
    • No interest is payable for all deposits withdrawn prematurely before 7 days
    • Premature withdrawal: In case of premature withdrawal of fixed deposits on 7th day or thereafter, the interest rate will be 1.00% below the applicable interest rate for the deposit. The applicable interest rate will be the rate as on the date of booking for the period for which the deposit has run. This will be applicable for all deposits including renewals
    • Minimum fixed deposit amount is Rs. 20,000
    • Interest Rates are subject to change without prior notice
    • The stated documentation is subject to change and is at the sole discretion of Deutsche Bank AG
    • Deutsche Bank Tax Saver Fixed Deposit is structured to benefit you the most in terms of this provision. Amount invested up to Rs. 1.5 lakh for a fixed period of 5 years in Tax Saver Fixed Deposit is eligible for deduction under Section 80 (C) of Income Tax Act, 1961
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