The Yes bank is provides facility for to open NRE account. The Non Resident External (NRE) Savings Account and Non Resident Ordinary (NRO) Savings Account W.e.f. April 1, 2011 interest for all rupee savings accounts will be calculated on the daily closing balances maintained in the account.

The Interest rate will be calculated @ 6% p.a. for balances below INR 1 Crore.

Fixed Deposits:

FCNR (B) Deposit - Foreign Currency Non Resident
FCNR (B) Deposit Interest Rates p.a. from 6th March 2017 to 31st March 2017
Period USD GBP EURO JPY CAD AUD SGD HKD
1 Yr to < 2 Yrs 2.25% 0.85% 0.00% 0.00% 2.10% 2.70% 2.10% 1.65%
2 Yrs to < 3 Yrs 2.60% 0.90% 0.00% 0.00% 1.80% 2.80% 2.25% 2.00%
3 Yrs to < 4 Yrs 2.75% 0.90% 0.00% 0.00% 1.85% 2.70% 2.25% 1.90%
4 Yrs to < 5 Yrs 2.90% 1.00% 0.00% 0.00% 1.70% 2.80% 2.30% 2.00%
5 Yrs only 3.00% 1.00% 0.00% 0.00% 1.70% 2.80% 2.25% 1.85%

Non Resident External (NRE) Fixed Deposit
NRE Fixed Deposits Interest Rates (% p.a.)
Period Rates for < INR 1 Crore
(w.e.f. 21st November 2016)
1 Years to <= 10 years 7.10%

Special Rates
18 Months 8 Days to 18 Months 18 Days 7.15%

Non Resident Ordinary (NRO) Fixed Deposit:

Period Rates for < INR 1 Crore
7 to 45 days 5.50%
46 to 90 days 6.75%
3 months to < 6 months 6.75%
6 months to < 9 months 6.75%
9 months to < 1 Year 7.00%
1 Years to <= 10 years* 7.10%

Special Rates
18 Months 8 Days to 18 Months 18 Days 7.15%

Rate of interest:

For domestic deposits - Less than Rs. 1cr (last revised on Nov 21, 2016)
Maturity Period Deposit Amount Interest Rate (% p.a)
General Senior Citizen

7 days to 45 days Less than Rs. 1cr 5.5 6
46 days to 90 days Less than Rs. 1cr 6.75 7.25
3 months to less than 6 months Less than Rs. 1cr 6.75 7.25
6 months to less than 9 months Less than Rs. 1cr 6.75 7.25
9 months to less than 1 year Less than Rs. 1cr 7 7.5
1 Year to 10 years Less than Rs. 1cr 7.1 7.6
12 Months 12 Days to 12 Months 20 Days Less than Rs. 1cr 7.75 8.25
18 Months 8 Days to 18 Months 18 Days Less than Rs. 1cr 7.15 7.65
24 Months 12 Days to 24 Months 24 Days Less than Rs. 1cr 7.75 8.25