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Book FDs at Interest rate upto 8.00% p.a
| YES BANK NRE FD Rates Highlights | |
| Highest slab rate | 7.00% p.a. (35 months 1 day to less than 60 months ) |
| For 1 year | 6.65% p.a. |
| For 2 years | 6.05% p.a. |
| For 3 years | 7.00% p.a. |
| For 4 years | 7.00% p.a. |
| For 5 years | 6.75% p.a. |
Note: Rates as of 18th March 2026
YES BANK NRE FD Interest Rates
For deposits below Rs. 3 w.e.f. 5th March 2026
| Tenure | Interest Rates (p.a.) |
| 12 months | 6.65% |
| 12 months 1 day to less than 18 months | 6.75% |
| 18 months | 6.40% |
| 18 months 1 day to less than 24 months | 6.30% |
| 24 months to to less than 35 months | 6.05% |
| 35 months | 6.90% |
| 35 months 1 days to to less than 36 months | 7.00% |
| 36 months to to less than 60 months | 7.00% |
| 60 months | 6.75% |
| 60 months 1 day to 120 months | 6.75% |
Book FDs at Interest rate upto 8.00% p.a
Manage all FDs in one place
No Bank A/C Required
Features and Benefits of YES BANK NRE FD Rates
Some features and benefits of YES BANK FD are given below:
- Flexible Tenure: Choose from a wide range of tenure options, ranging from 1 to 10 years.
- Tax-Free Returns: Both principal and interest earned are exempt from income tax in India.
- Fully Repatriable: Easily transfer both principal and interest abroad.
- Loan facility: Overdraft facility against the NRE deposit is available.
- Premature Withdrawal: Partial withdrawal facility is available, subject to applicable penalty.
- Other Benefits: Nomination and sweep-in facility is available.
Eligibility Criteria for Opening NRE Fixed Deposit in YES BANK
Both Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs), as defined under Foreign Exchange Management Act. (FEMA) regulations, are eligible to open an NRE Fixed Deposit with YES BANK. Additionally, Indian government employees holding diplomatic passports and students pursuing education abroad can also invest in YES BANK NRE FDs. Also note that it is necessary to have an active NRE account with YES BANK to book an NRE Fixed Deposit.
Premature Withdrawal of YES BANK NRE FD
Partial withdrawal is allowed in YES BANK NRE Fixed Deposits. However, it may result in a reduced interest rate along with an applicable penalty.
Interest on Premature Withdrawal
- No interest will be paid if the FD is withdrawn before completing 12 months.
- For withdrawals after 12 months, the interest will be calculated at:
- The rate applicable for the actual tenure the FD was held, or the contracted interest rate, whichever is lower, along with the applicable penalty (if any).
Premature Withdrawal Penalty
The penalty is applicable on all deposits below INR 5 Crore, as per the following table:
| Tenure |
Penalty Rate |
|||
| w.e.f. 5 July 2019 | w.e.f. 16 May 2022* | w.e.f. 8 August 2022* | w.e.f. 3 Nov 2023* | |
| Less than equal to 181 days | Nil | 0.25% | 0.50% | 0.75% |
| 182 days and above | 0.50% | 0.50% | 0.75% | 1.00% |
Important Points to Note
- The penalty will be charged on both partial and full withdrawals.
- For deposits of ₹5 Crore and above, the penalty remains 0.25% across all tenures & value.
FAQs
Who can invest in YES BANK NRE FD?
Both NRIs and PIOs are eligible to open NRE FDs with YES BANK.
What is the tenure for YES BANK NRE Fixed Deposit Accounts?
Consumers can open an NRE FD in YES BANK for a minimum tenure of 1 year and a maximum tenure of 10 years.
Is a partial withdrawal facility available in the YES BANK NRE FD rates?
Yes, partial withdrawal is allowed in YES BANK NRE Fixed Deposits, subject to applicable terms and penalties.
Can I avail overdraft against my YES BANK NRI FD?
Yes, you can avail an overdraft facility against your YES BANK NRE FD.
Does YES BANK offer additional interest rates for senior citizens on NRE FDs?
No, additional interest rates for senior citizens do not apply to NRE Fixed Deposits.