Yes Bank has revised its fixed deposit and savings account interest rates, with changes impacting both regular customers and senior citizens, effective from April 21, 2025.
Saloni Kumari | Apr 21, 2025 |
Yes Bank Revises FD Rates Once Again: Top Interest Rate Reduced to 7.50%, While Rates on Certain Tenures See a 25 Basis Points Increase
Earlier this month, Yes Bank cut FD rates by 25 basis points for some tenures. Now, the bank has made more changes, reducing its highest fixed deposit rate again by 25 basis points, from 7.75% to 7.50%. At the same time, it has increased FD rates by 25 basis points on some medium to long-term deposits.
This change happened after the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points in its recent policy meeting. Since the repo rate is the rate at which the RBI lends money to banks, any change in it usually affects the interest rates that banks offer on deposits and charge on loans.
Savings Account interest rates have also been revised
Current FD Interest Rates at Yes Bank
After the latest update, Yes Bank now offers fixed deposit interest rates between 3.25% and 7.50% for regular customers, on deposits below Rs 3 crore, for periods ranging from 7 days to 10 years. Earlier, the rates ranged from 3.25% to 7.75%. The highest rate of 7.50% is now given for FDs with a tenure of 12 months to less than 60 months, which was earlier 7.75%.
Interest Rates on These FDS have Gone Up
The bank has raised the interest rate on fixed deposits with tenures between 36 months and 60 months by 25 basis points, increasing it from 7.25% to 7.50%.
| Tenure | Regular Interest Rates (% P.A.)* |
| 7 days to 14 days | 3.25% |
| 15 days to 45 days | 3.70% |
| 46 days to 90 days | 5.00% |
| 91 days to 120 days | 5.00% |
| 121 days to 180 days | 5.00% |
| 181 days to 271 days | 6.25% |
| 272 days to < 12 months | 6.50% |
| 12 months | 7.00% |
| 12 months 1 day to < 36 months | 7.50% |
| 36 months to < 60 months | 7.50% |
| 60 months | 7.50% |
| 60 months 1 day to ≤ 120 months | 7.00% |
FD Rates for Senior Citizens
For senior citizens, Yes Bank now offers fixed deposit interest rates ranging from 3.75% to 8.25% per year for deposits below Rs 3 crore. Earlier, the rates were between 3.75% and 8.50%. The highest interest rate of 8.25% is now given for FDs with a tenure of 12 months to less than 24 months, which was earlier 8.50%.
Interest Rates on These FDS have Risen for Senior Citizens
Yes Bank has increased the interest rate on fixed deposits with a tenure of 36 months to 60 months for senior citizens by 25 basis points, raising it from 8% to 8.25%.
| Tenure | Senior Citizen Interest Rates (% P.A.) |
| 7 days to 14 days | 3.75% |
| 15 days to 45 days | 4.20% |
| 46 days to 90 days | 5.50% |
| 91 days to 120 days | 5.50% |
| 121 days to 180 days | 5.50% |
| 181 days to 271 days | 6.75% |
| 272 days to < 12 months | 7.00% |
| 12 months | 7.50% |
| 12 months 1 day to < 36 months | 8.00% |
| 36 months to < 60 months | 8.25% |
| 60 months | 8.25% |
| 60 months 1 day to ≤ 120 months | 7.75% |
Saving Account Interest Rates of Yes Bank
Yes Bank has updated its savings account interest rates for both domestic and non-resident accounts. The new rates, which range from 3% to 5%, will depend on the balance in the account.
| Daily Balance in the Savings Account (INR) | Applicable Interest Rates (p.a.) |
| Up to Rs. 10 Lac | 3.00% |
| Rs. 10 Lac and above to less than Rs. 25 Lac | 3.50% |
| Rs. 25 Lac and above to less than Rs. 50 Lac | 4.00% |
| Rs. 50 Lac and above to less than Rs. 100 Crs | 5.00% |
These revised rates will take effect from April 21, 2025. Interest will be calculated on the additional balance in each rate category, based on the applicable interest rates for those amounts.
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