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January 19th, 2016, 01:16 PM
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Join Date: Mar 2012
RD Interest Rates in Yes Bank

Hello sir, I am Rachit, will you please tell me what the Interest Rates are for Recurring Deposits in Yes Bank???

The YES BANK Recurring Deposit enables you to make a financial provision by investing a fixed amount every month for a defined period. At the end of pre-defined period you are paid back the lump sum including the principal and interest.

Features of YES Recurring Deposits:

-Easy way of paying monthly installment by providing a one-time standing instruction from your YES BANK Savings Account

-Interest rates similar to Fixed Deposit rates

-Senior citizens get an extra benefit in the interest rates (0.50% extra)

-Minimum monthly installment of Rs 1,000 and in multiples of Rs 100 thereof

-No upper cap on the maximum amount of monthly installment

-Minimum tenure of 6 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years

Interest Rates:

Interest Rates for installments upto Rs 14,99,900 per month


Last edited by Neelurk; February 26th, 2020 at 09:38 AM.
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