Yes Bank Recurring Deposit Rates 2026

YES Bank has designed Recurring deposit (RD) scheme in a way that it will help you prepare for the future. It enables customers to make a financial provision by Investing a fixed amount every month for a defined period.

A recurring deposit is an investment cum savings option for those who want to save regularly over a certain period of time and earn a higher interest rate. It is a type of term deposit which allows one to save a fixed amount of money every month systematically. If you are familiar with SIP in Mutual Funds, RD works similarly in banking. Every month, a fixed amount of money is deducted either from a savings or a current account. And, at the end of the maturity, investors are paid back their invested money with accrued interest.

A user willing to open an Recurring Deposit account with Yes Bank can choose any amount and term according to your convenience.

Yes Bank RD Interest Rates 2026

Here's the list of resident recurring deposit interest rates offered by Yes Bank.

Interest rates are subject to change from time to time. Kindly contact the bank branch to know the latest RD rates

*Interest Rates for installments upto INR 1.99 Cr per month.

#Senior Citizen rates are applicable only for Domestic Deposits.

Key Features of Yes RD Account

Some of the key features of opening an recurring deposit account with Yes Bank are:

• The bank allows you to safely deposit a small amount of money on a regular basis rather
• The minimum opening balance for Yes RD account is INR 1000 and in multiples of INR 100 thereof. No cap on the maximum amount.
• It enables you to track and view your deposits on a regular basis, so the growth of your RD is visible
• One can invest right from a few months to several years
• Senior citizens enjoy extra 0.5 percent on interest
• There is no risk involved. Your monthly remittance remains secure, with guaranteed returns at Yes Bank RD account
• Users may easily avail a loan or overdraft against your RD in case of an emergency

Yes Bank RD Calculator

A Recurring Deposit calculator is a good way of calculating maturity amount on RD. You can follow this method to estimate your RD amount on maturity.

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Documents Required to Open Yes Bank RD Account

1. Proof of Identity

• Passport
• PAN Card
• Driving license
• Voter ID card
• Government ID card
• Photo ration card
• Senior citizen ID card

2. Address proof

• Passport
• Electricity bill
• Telephone bill
• Bank statement with Cheque
• Certificate/ ID card issued by Post Office

Why Investing in SIP is Beneficial?

• Systematic Investment plan (SIP) is a way to put your money in mutual funds. Investment can be done on a periodic basis - daily, weekly, monthly or quarterly.

• You need to deposit a small amount of money at every interval. The minimum amount can be as low as INR 500.

• SIPs can help in all kinds of investment goals, whether short- or long –term, depending on the frequency of investment, funds chosen and other factors.

• SIPs offer flexible instalment plans of daily, weekly, monthly, quarterly etc.

• Returns can be earned better here. The longer you invest via a SIP in mutual funds, especially in an Equity Fund, the higher are the chances to earn good returns.

• To Cancel SIP, the investors can simply close their investment and withdraw their money without any penal charges.

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