- Advertisement -
HomeNewsFD Rates: This bank has reduced the interest on Fixed Deposit, still...

FD Rates: This bank has reduced the interest on Fixed Deposit, still you will get up to 8.25% interest

- Advertisement -
- Advertisement -

Yes Bank has made a big cut in FD rates. The bank has reduced the interest rates by 25 basis points on FDs of less than Rs 3 crore.

Yes Bank has made a big cut in FD rates. The bank has reduced the interest rates by 25 basis points on FDs of less than Rs 3 crore. The revised FD rates have come into effect from November 5, 2024.

After revising the interest rates on FD, the bank is now giving interest ranging from 3.25 percent to 7.75 percent. Senior citizens are being given interest ranging from 3.75 percent to 8.25 percent. The highest interest of 7.75 percent is being given to general citizens on FD of 18 months. Senior citizens are being given 8.25 percent interest for this period.

Earlier, the bank used to give higher interest for the 18-month period. The interest given for the same period has been reduced by 25 basis points. Earlier, those who made FDs for this period used to get 8 percent interest, which has now been reduced by 25 basis points to 7.75 percent.

fd rates

If you also want to get an FD in Yes Bank, then you will have to invest at least 10 thousand rupees. Also, the minimum period of FD for reinvestment is 6 months and 1 day. So if you are thinking of getting an FD in Yes Bank, then keep these things in mind.

Deepak Kumar
Deepak Kumar
Deepak Kumar has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @deepakmaurya152004@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments