Yes bank will be provides 5 years for FD tax saver. Any fixed deposit taken for a period of more than 5 years is covered under the tax-saver scheme in line with the Income Tax Act 1956.

YES BANK is one of the most popular private banks of the country. The bank was established in the year 2004 and has been excelling continuously with its customer-centric attitude and high quality, service-driven approach.

YES BANK offers few deposit schemes which provide customers with various benefits like tax saving, overdraft and auto-renewal.

Domestic Deposits
Tax-Saver Deposits
NRO Deposits
NRE Deposits

Features:

Withdrawal options available for as low as 1
Sweep-in facility which allows deposited funds to be withdrawn
Overdraft available against fixed deposits
Auto-renewal facility so that your deposits are auto-rolled over for existing deposit tenure
Highly competitive rate of interest
Nomination facility is available for deposit schemes
Pre-closure facility is available without any penalty fee
Tax-saver scheme is available
Senior citizens get to avail better rates by about 0.5%

Fixed Deposit Interest Rates--

Resident Fixed Deposit Interest Rates (% P.A)

Period Rates for < 1 Crore Regular Senior Citizen
Interest Rates Annualised Yield Interest Rates Annualised Yield
7 to 45 days 5.50% 5.50% 6.00% 6.00%
46 to 90 days 7.00% 7.00% 7.50% 7.50%
3 months to < 6 months 7.25% 7.25% 7.75% 7.75%
6 months to < 9 months 7.25% 7.31% 7.75% 7.82%
9 months to < 1 Year 7.25% 7.38% 7.75% 7.90%
1 Year to <= 10 years 7.75% 7.98% 8.25% 8.51%