Yes Bank FD Calculator
Enter your details to calculate
₹
%
yrs
Total value of investment
₹1,38,042
Invested amount
₹1,00,000
Estimated returns
₹38,042
YES Bank Domestic Deposits Interest Rates (Below Rs.2 crore) - General Public
| Tenure | Interest rate p.a. (General citizens) |
| 7 days – 14 days | 3.25% |
| 15 days – 45 days | 3.70% |
| 46 days – 90 days | 4.10% |
| 3 months – Less than 6 months | 4.75% |
| 6 months – Less than 9 months | 5.50% |
| 9 months – Less than 1 year | 5.75% |
| 1 year – less than 18 months | 6.25% |
| 18 months – less than 3 years | 6.75% |
| 3 years – 10 years | 6.75% |
Note: The interest rates mentioned in the table are as of 10 Auguest 2022.
YES Bank Domestic Deposits Interest Rates (Below Rs.2 crore) - Senior Citizens
| Tenure | Interest rate p.a. (Senior citizens) |
| 7 days – 14 days | 3.75% |
| 15 days – 45 days | 4.20% |
| 46 days – 90 days | 4.60% |
| 3 months – Less than 6 months | 5.25% |
| 6 months – Less than 9 months | 6.00% |
| 9 months – Less than 1 year | 6.25% |
| 1 year – less than 18 months | 6.75% |
| 18 months – less than 3 years | 7.25% |
| 3 years – 10 years | 7.50% |
Note: The interest rates mentioned in the table are as of 10 Auguest 2022.
YES Bank FD Rates on Domestic Deposits of Rs 2 crore to less than Rs 5 crore
| Tenure | Regular Citizens (% p.a.) |
| 7 days to 14 days | 3.25 |
| 15 days to 30 days | 3.7 |
| 31 days to 45 days | 3.7 |
| 46 days to 60 days | 4.1 |
| 61 days to 90 days | 4.1 |
| 91 days to 120 days | 4.75 |
| 121 days to 180 days | 4.75 |
| 181 days to 271 days | 5.5 |
| 272 days to less than 1 year | 5.75 |
| 12 months (1 year) | 6.25 |
| 12 months 1 day to less than 18 months | 6.25 |
| 18 months to less than 2 years | 6.75 |
| 2 years to less than 3 years | 6.75 |
| 3 years to less than 5 years | 6.75 |
| 5 years and above | 6.75 |
Note: The interest rates mentioned in the table are as of 10 Auguest 2022.
Interest Rates of Floating Rate Fixed Deposits of less than Rs 5 crores
| Tenure | REPO Rate | Mark-up rate | Interest Rates (p.a.) |
| 1 year to less than 18 months | 4.90% | 1.10% | 6.00% |
| 18 months to less than 3 years | 4.90% | 1.60% | 6.50% |
YES Bank Fixed Deposit rates on Non-Resident External (NRE) Fixed Deposits of less than Rs 2 crore
| Period | Interest Rates (% p.a.) |
| 1 year to less than 18 months | 7.01 |
| 18 months to 10 years | 7.25 |
Note: The interest rates mentioned in the table are as of 1 August 2022.
YES Bank NRO Fixed Deposit Interest Rates
| Period | Interest Rates (% p.a.) |
| 7 days – 14 days | 3.25% |
| 15 days – 45 days | 3.70% |
| 46 days – 90 days | 4.10% |
| 3 months – Less than 6 months | 4.75% |
| 6 months – Less than 9 months | 5.50% |
| 9 months – Less than 1 year | 5.75% |
| 1 year – Less than 18 months | 6.25% |
| 18 months – 10 years | 6.75% |
Note: The interest rates mentioned in the table are as of 10 August 2022.
Interest Rates on FCNR (B) Deposits
| Tenure | USD | GBP | EURO | JPY | CAD | AUD | HKD | SGD |
| 1 year to less than 2 years | 4.05 | 3.25 | 1.25 | 0.25 | 3.5 | 3.5 | 2.2 | 3.05 |
| 2 years to less than 3 years | 4.25 | 3.6 | 1.7 | 0.85 | 3.75 | 4 | 1.35 | 2.75 |
| 3 years to less than 4 years | 3.75 | 3.1 | 1.4 | 0.85 | 3.75 | 4.1 | 1.35 | 1.25 |
| 4 years to less than 5 years | 3.65 | 3.05 | 1.4 | 0.05 | 3.75 | 4.1 | 1.35 | 1.25 |
| 5 years only | 3.25 | 3.05 | 1.4 | 0.6 | 3.6 | 4.1 | 1.35 | 1.25 |
Note: The interest rates mentioned in the table are as of 2 September 2022.
Interest Rates on RFC Deposits
| Tenure | USD | GBP | EURO | JPY | CAD | AUD |
| 1 year to less than 2 years | 4.05 | 3.25 | 1.25 | 0.25 | 3.5 | 3.5 |
| 2 years to less than 3 years | 4.25 | 3.6 | 1.7 | 0.85 | 3.75 | 4 |
| 3 years to less than 4 years | 3.75 | 3.1 | 1.4 | 0.85 | 3.75 | 4.1 |
Note: The interest rates mentioned in the table are as of 2 September 2022.
YES Bank Tax Saver Deposit
| Tenure | Interest Rate (% p.a.) |
| 5 years | 6.75 |
Yes Bank FD Calculator
Fixed deposits are one of the most preferred investment avenues for many individuals in India. This is due to the fact that it offers guaranteed returns and has the lowest risks involved. Yes Bank fixed deposit is one such investment option that comes with highly attractive interest rates.
You might find it beneficial if you have the knowledge of the maturity amount of your FD beforehand. This will help to plan your future finances. Let’s learn about the online Yes Bank fixed deposit calculator in detail here.
Yes Bank Fixed Deposit (FD) Calculator
Yes Bank offers interest rates on fixed deposits which vary between 3.25% and 7.00% for general citizens, whereas for senior citizens, these rates can be a maximum of 7.50% and a minimum of 3.75% for an investment of less than ₹2 crore.
The interest rate varies depending upon the investment tenure, it might get troublesome for you to calculate the maturity amount manually for different possibilities and choose the scheme suitable for you. For this purpose, you will find the online calculator tool to be extremely useful. You can use this tool to compute the amount without any chances of error. You will get accurate results instantly.
How Does the Yes Bank FD Calculator Work?
Yes Bank fixed deposit calculator is easy to use and provides results:
1. Enter your preferred investment amount on the “Total Investment” box
2. Drag the cursor to draw a purple line until you reach the preferred tenure, or you can also enter the number of years in the box provided
3. Finally, provide the interest rate and view the right side of the page
4. It will show the “Estimated Return” and “Total Value” received against your FD investment
You can get either a simple or compound interest fixed deposit.
If the FD has a compound interest rate, you can use the following formula for manual calculation:
A = P (1 + r/n) ^ n*t
Here,
“A” denotes the amount receivable at maturity
“P” denotes your fixed deposit investment amount
“r” suggests the annual Yes Bank fixed deposit interest rate
“n” signifies the frequency of compounding interest
“t” represents the investment term or tenure
You need to provide the correct information, such as deposit amount, tenure and rate of interest, to get accurate results.
Let’s understand this formula with the help of an example:
Suppose you want to invest ₹40,000 for 5 years with an annual interest rate of 6%.
Putting the value in the above formula, you can evaluate-
A = 40,000 (1 + 6/1) ^ 1*5
A= ₹53,874
Hence, the accrued interest will be ₹53,874-₹40,000= ₹13,874
In case of simple interest, you can use the following formula:
M= P+ (PXRXT/100)
Here, M is the maturity amount, P is your investment amount, T denotes tenure of investment, and R is the applicable interest rate.
Benefits of an Online Yes Bank FD Calculator
- This tool is free to use, and you can use it as many times as you wish.
- As this calculator uses algorithms, there is absolutely no chance of error.
- The Yes Bank fixed deposit interest rate varies depending on investment tenure. So, you can try out as many possibilities as you wish to find a suitable FD tenure that aligns with your financial planning.
- You can plan your finances more efficiently by knowing your options.
This tool is completely free and can be used anytime, anywhere. You don’t need to provide any personal details or sign up.
If you are planning to invest in Yes Bank FD, you can use the Upstox Yes Bank FD calculator for quick and hassle-free maturity and interest calculations.
Frequently Asked Questions
What is the highest interest rate on Yes Bank FD?
The highest interest rates on Yes Bank FD can go up to 7.00% depending upon tenure and types of fixed deposits for general citizens. For senior citizens, this can be a maximum of 7.50% for investment less than ₹2 crore.
What is the minimum amount of investment for FDs under Yes Bank?
The minimum amount of investment for FDs under Yes Bank is ₹10,000.
What is the penalty for early withdrawal in Yes Bank FD?
A penalty of 0.50% will be applicable if you close the FD within 181 days. If the investment tenure exceeds 181 days, a penalty of 0.75% will be applicable. However, Yes Bank does not charge any penalty for early withdrawal for senior citizens.
Can new customers open an FD online? If not, how can they do so?
No, you cannot open a Yes Bank FD online if you are not an existing customer. You need to have a net banking account and login credentials to open an FD online with Yes Bank.
Can I deposit an extra amount into an already existing FD?
No, you cannot deposit an extra amount into an already existing FD. You have to open a new fixed deposit account.
Who are eligible to open a Yes Bank fixed deposit account?
Any Hindu Undivided Family (HUF), family trust, company, partnership firm, sole proprietorship, association, club and society or individual can open a fixed deposit account with Yes Bank being an Indian Citizen, given they fulfil the eligibility criteria.
What is the lock-in period for Tax Saving FD scheme?
The lock-in period for tax-saving fixed deposit schemes is of 5 years. Premature withdrawal and loans against these FDs are not allowed.
