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Old 22nd May 2007, 05:52 PM
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Default Yes Bank Offering Attractive Interest Rates



Yes Bank is currently offering very attractive fixed deposit rates to its customers.

The bank is relatively new. It doesn't have a strong brand like ICICI and other leading banks.

Thus in order to attract more customers, the bank is offering higher interest rates than these banks.

Interest Rates(Effective 23rd April 2007)

Period Upto Rs.15 Lakhs Senior Citizens


7-14 Days 4.50% 4.50% 15 Days TO 30 Days 4.75% 4.75% 31 Days TO 45 Days 5.25% 5.25% 46 Days TO 60 Days 5.50% 5.50% 61 Days TO 90 Days 5.50% 5.50% 91 Days TO 120 Days 5.75% 5.75% 121 Days TO 180 Days 6.00% 6.00% 6 Months 1 Day TO 200 Days 7.00% 7.00% 201 Days 9.25% 9.75% 202 Days TO 250 Days 7.00% 7.00% 251 Days 9.25% 9.75% 252 Days TO 1 Year 7.00% 7.00% 1 Year 1 Day TO 18 Months 10.25% 10.50% 18 Months 1 Day TO 2 Years 10.25% 10.50% 2 Years 1 Day TO 3 Years 9.50% 10.00% 3 Years 1 Day TO 5 Years 9.00% 9.50% Greater than 5 Years 8.25% 8.75%
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Old 26th May 2007, 06:21 AM
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1 Year 1 Day TO 18 Months 10.25% 10.50%

does this mean if we keep FD for 1 yr and 1 day we would get 10.25% interest rate.

what is the maximum interest rate that any bank is providing currently for 1 yr FD
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Old 26th May 2007, 07:18 AM
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Originally Posted by SticKer View Post
1 Year 1 Day TO 18 Months 10.25% 10.50%

does this mean if we keep FD for 1 yr and 1 day we would get 10.25% interest rate.

what is the maximum interest rate that any bank is providing currently for 1 yr FD
Yes for 366 days you will get 10.25%....I think this is the maximum that any bank is providing...I am yet to come across any other bank offering higher rates...most of them are offering 9.5% or so.
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