FD interest rate up to 8.55%: YES Bank, DCB Bank revise FD interest rates; check details
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However, ahead of the Reserve Bank of India (RBI)’s Monetary Policy Committee meeting on February 7, 2025, several banks, including Union Bank of India, PNB, Axis, Shivalik Small Finance Bank, Karnataka Bank, and Federal Bank, have revised their interest rates on fixed deposits.
Read more –Ahead of RBI MPC meeting in Feb, these 6 banks have revised FD rates in January
YES Bank latest FD interest rates
After revision, YES Bank offers annual interest rates between 3.25% and 8% for FD amounts below Rs 3 crore for general citizens for tenures ranging from 7 days to 10 years, compared 3.25% and 7.75% earlier. The bank offers the highest interest rate of 8% for a tenure of 18 months.
For senior citizens, the bank offers interest rates between 3.75% and 8.50% per annum for amounts below Rs 3 crore, compared to 3.75% to 8.25% earlier. The highest interest rate of 8.50% per annum is offered on tenure of 18 months for senior citizens.
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