Get up to 8.25% return on one year FD, this private bank has revised the interest rates

Yes Bank has updated its interest rates for fixed deposits. The new rates apply to deposits under Rs 3 crore, with interest ranging from 3.25% to 8% for terms between 7 days and 120 months. Senior citizens can enjoy an additional 0.50% on these rates, bringing their interest to between 3.75% and 8.50%.

The best returns are available on the 18-month FD, and there’s also a good rate for the 60-month option. Regular customers can earn 7.25% interest, while senior citizens can get 8%.

For a one-year FD, the interest rate is set at 7.75% for general customers and 8.25% for senior citizens. The same 7.75% applies to deposits from one year and one day up to less than 18 months, while senior citizens enjoy the higher rate of 8.25%. Additionally, deposits for 2 to 3 years also offer more than 7.5% interest.

Here’s a breakdown of the FD interest rates based on tenure:

– 7 to 14 days: 3.25%

– 15 to 45 days: 3.70%

– 46 to 90 days: 5%

– 91 to 120 days: 5%

– 121 to 180 days: 5%

– 181 to 271 days: 6.25%

– 272 days to less than 1 year: 6.50%

– 1 Year: 7.75%

– 1 year 1 day to less than 18 months: 7.75%

– 18 months 1 day to less than 24 months: 7.75%

– 24 months to less than 36 months: 7.25%

– 36 months to less than 60 months: 7.25%

– 60 Months: 7.25%

– 60 months 1 day to 120 months or more: 7%.