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YES Bank RD Rates

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Yes Bank offers Recurring Deposit (RD) Interest Rates of 6.50% to 7.85% p.a. to senior citizens and 6.00% to 7.10% p.a. to other depositors. Depositors can open Yes Bank RD for a minimum amount of Rs 1,000 and thereafter in multiples of Rs 100, for tenures ranging between 6 months and 10 years. Yes Bank also offers a Flexigain Recurring Deposit scheme along with the regular recurring deposit scheme.

Updated: 16-06-2025 06:26:39 AM

Yes Bank RD Interest Rates

Yes Bank RD interest rates are the same as the Yes Bank Fixed Deposit rates for senior citizens and other depositors. Mentioned below are the card rates published by Yes Bank for its recurring deposit scheme:

Resident Recurring Deposit Rates w.e.f. 12th June 2025

Tenure Interest Rates (% p.a.)
Regular Citizens Senior Citizens
6 months 6.00% 6.50%
9 months 6.25% 7.25%
12 months 6.85% 7.35%
15 months 6.85% 7.35%
18 months 6.85% 7.35%
21 months 7.00% 7.50%
24 months 7.00% 7.50%
27 months 7.00% 7.50%
30 months 7.00% 7.50%
33 months 7.00% 7.50%
36 months<60 months 7.10% 7.85%
60 months 6.75% 7.50%
60 months 1 day and above 6.75% 7.50%

Note: Senior Citizen rates are applicable only for Resident Individual deposits.
Rates are subject to change from time to time at the sole discretion of YES BANK.

Note: Rates are updated as of 16 June 2025.

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Types of Yes Bank Recurring Deposit Scheme

Yes Bank offers two types of RD schemes as mentioned below:

Flexigain Recurring Deposit

The Yes Bank Flexigain Recurring Deposit scheme offers the flexibility of depositing any amount based on the financial situation of the depositor within the tenure set by the bank. Unlike regular RD, there is no monthly commitment of instalments in Yes Bank Flexigain RD.

Interest

  • Minimum interest earning period is one month
  • Interest will be paid from the date of top-up amount paid
  • Interest is compounded on quarterly basis

Features

  • Minimum booking amount: Rs 1,000
  • Maximum booking amount: Rs 5 lakh
  • Minimum top-up amount: Rs 100
  • Maximum top-up amount: 3 times of the initial booking amount
  • Tenure: Minimum 6 months and thereafter in multiples of 3 months for maximum up to 10 years
  • Anytime top-up option available on the same account
  • Nomination facility: Available
  • Premature withdrawal: Available with no penalty
  • Mode of application: Yes Online and Yes Bank Branch

Recurring Deposit

The Yes Bank Recurring Deposit (RD) scheme enables depositors to invest a fixed monthly amount for a specified period. This scheme is ideal for depositors having fixed incomes.

Features

  • Minimum amount: Rs 1,000 and thereafter in multiples of Rs 100
  • Maximum amount: Rs 1.99 crore
  • Minimum tenure: 6 months
  • Maximum tenure: In multiples of 3 months, up to 10 years
  • Preclosure facility: Depositors can choose to close their RD prematurely. However, in this case, Yes Bank will pay the interest at the rate applicable on the date the depositor opened the RD and only for the period for which the deposit has remained with the bank. The bank will also charge a penalty of 1% for the premature withdrawal of RD.
  • Missed instalment penalty: 1% on the pre-contracted interest rate for that month’s instalment. Depositors can pay their missed instalments on a later date by visiting the nearest branch of Yes Bank.
  • Standing instructions available
  • Modes of application: Yes Online, Yes Mobile, Yes Robot and Yes Branch

 

 

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