Key Points
Yes Bank has increased the penalty for early withdrawal from fixed deposits for value less than Rs 5 crore..
Yes Bank hikes FD interest rates: These investors can now earn up to 8.25% fixed deposit interest rate..
Yes Bank now charges 0.75% as penalty for FD less than equal to 181 days from earlier 0.50% and 1% from earlier 0.75% on 182 days and above..
Tenure of Fixed Deposit (Completed)w.e.f. 03rd November 2023Less than equal to 181 daysNil0.25%0.50%0.75%182.
Yes Bank has raised the interest rates on fixed deposits under Rs 2 crore by up to 25 basis points (bps) for certain durations..
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