Yes Bank NRI Fixed Deposit Rates

Yes Bank offers a plethora of schemes to their customers residing in India and NRIs (Non-Resident Indians). NRIs can easily invest their money in India through various investment options, from low to high-risk involvement.

Returns as high
as 7.1%^##

Includes life cover

Completely Tax free^{^}

We are rated^~

7.7 Crore

Registered Consumer

Insurance Partners

4.2 Crore

Policies Sold

In-built life cover

Get Guaranteed returns upto 7.1%* With Life Cover

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We are rated^~

7.7 Crore

Registered Consumer

Insurance Partners

4.2 Crore

Policies Sold

Disclaimer: *The Guaranteed Returns are dependent on the policy term and premium term availed along with the other variable factors. 7.1% rate of return is for an 18 years old, healthy male for a policy term of 20 years and premium term of 10 years with Rs.10,000 monthly installment premium. All plans listed here are of insurance companies’ funds.

Yes Bank offers the following Yes Bank NRI FD Rates Schemes for their customers:

Yes Bank NRE FD Rates Scheme
Yes Bank NRO FD Rates Scheme
Yes Bank FCNR Rates Scheme

It is essential to know that Yes Bank NRE FD Rates do not apply to NRI senior citizens and are exclusive only to Senior Citizens residing in India.

The minimum tenure for the NRE deposit interest rates is 1 year. Rates for FD range from 0.05% to 7.50% depending on the tenure and the investment amount.

Difference Between NRE, NRO, and FCNR (B) Accounts

It is essential to know the difference between the 3 NRI FD account types before depositing the money:

Particulars	NRE Account	NRO Account	FCNR-B Account
Account Purpose	Income earned in a foreign country is deposited in an ICICI NRE Interest Rate account.	Income earned in India by NRIs is deposited in an ICICI NRO Interest Rate account.	Income earned in foreign currency is deposited in ICICI FCNR (B) Deposit account.
Account Type	Savings, Recurring, or Current Account	Savings, Recurring, or Current Account	Fixed Deposit accounts with a 1-year minimum tenure
Currency denomination	Indian Rupee	Indian Rupee	AUD, CAD, CHF, EUR, GBP, HKD, JPY, SGD, USD
Joint holding facility	It can be held with other NRI.	It can be held with other Indian residents or NRI.	It can be held with other NRI.
Repatriation Facility	Balance is fully repatriable.	Interest earned is fully repatriated.	Interest earned, and the principal amount is fully repatriable.
Taxability	Tax is exempted from the interest income.	Interest income is taxable.	Tax is exempted from the interest income.

Yes Bank NRE FD Rates for Less Than Rs. 2 Crores

Tenure	General Citizens
1 year <15 months	7.25%
15 months <35 months	7.50%
35 months 1 day < 36 months	7.50%
36 months to <= 120 months	7.00%

Rates are effective as of 4th April 2023.

Disclaimer: Policybazaar does not endorse, rate, or recommend any particular company or product. The policyholder bears the investment risk in the investment portfolio.

Yes Bank NRO FD Rates for Less Than Rs. 2 Crores

Tenure	General Citizens
7 to 14 days	3.25%
15 to 45 days	3.70%
46 to 90 days	4.10%
91 days to 180 days	4.75%
181 days to 271 days	6.00%
272 days to <1 year	6.25%
1 year to <15 months	7.25%
15 months to <35 months	7.50%
35 months 1 day <36 months	7.50%
36 months to <=12 months	7.50%

Rates are effective as of 5th April 2023.

Disclaimer: Policybazaar does not endorse, rate, or recommend any particular company or product. The policyholder bears the investment risk in the investment portfolio.

Yes Bank FCNR Rates

Period	USD	GBP	EURO	JPY	CAD	AUD	HKD	SGD
1 year to less than 2 years	5.55%	4.50%	2.15%	0.05%	3.50%	4.30%	3.00%	3.95%
2 years to less than 3 years	5.30%	4.60%	2.70%	1.50%	3.75%	4.00%	3.00%	3.15%
3 years to less than 4 years	4.50%	4.00%	2.00%	1.25%	3.75%	4.10%	1.35%	3.60%
4 years to less than 5 years	4.30%	4.00%	2.00%	0.05%	3.75%	4.10%	1.35%	1.40%
5 years only	4.30%	4.00%	2.00%	1.10%	3.60%	4.10%	1.35%	1.40%

Rates are effective as of 5th April 2023.

In the End!

All the Yes Bank NRI Interest Rate accounts, that is, Non-Resident External (NRE), Non-Resident Ordinary (NRO), and Foreign Currency Non-Resident (FCNR), allow the NRIs to deposit their income money efficiently and hassle-free in India. These accounts are entirely safe for saving income and earning decent returns on the invested amount.

†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

* Applicable for Titanium variant of Max Life Smart Fixed-return Digital (Premium payment of 5 years, Policy term of 10 years) and a healthy male of 18 years old paying Rs. 30,000/- monthly (exclusive of all applicable taxes)

** Fixed deposit rate applicable for 5 year's 1 day to 10 years for investment amount less< 2 Crore ( Not for senior citizens).

*** PPF interest rate applicable for 15 years for investment amount upto 1.5 Lac

+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023

#Discount offered by insurance company

## The Guaranteed Returns are dependent on the policy term and premium term availed along with the other variable factors. 7.1% rate of return is for an 18 years old, healthy male for a policy term of 20 years and premium term of 10 years with Rs.10,000 monthly installment premium. All plans listed here are of insurance companies’ funds.

~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ