Bank made changes in fixed deposits: Fixed deposits are changed by banks from time to time. After the change in repo rate, banks change the interest rates of their fixed deposits. Private lender Yes Bank has also changed its selected fixed deposit interest rates. The bank has reduced FD rates by 25 basis points (bps) on some tenures.
At present, the bank is offering interest rates ranging from 3.25% to 7.25% to general customers and 3.75% to 8% interest rates to senior citizens.
Now you will get this much interest rate
The bank will offer 7.25% interest on FDs maturing in one year to less than 18 months and 18 months to less than 36 months and 7.50% interest on FDs maturing in 18 months to less than 36 months.
Bank 3.70% on fixed deposits of 15 days to 45 days, 4.10% on fixed deposits of 46 days to 90 days, 4.75% on fixed deposits of 91 days to 120 days, 5.00% on FDs of 121 days to 180 days. % is giving the benefit of interest rate of 6.10% on FD ranging from 181 days to 271 days. The new rates are applicable from October 4.
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