Maturity Amount
₹12,64,264
Interest Earned
₹2,64,264
Deposit Amount
₹10,00,000
ROI
7.75%
p.a.
Maturity Month
Feb 2028
Using the YES BANK FD calculator, you can easily calculate your estimated returns on ₹1 Lakh deposit for 5 years. If you are investing in a regular account, you can earn ₹43,226 as returns on maturity.
However, the returns after maturity will be ₹48,595 for senior citizens. Remember that these are estimates, and your actual returns may vary.
Using the YES BANK FD calculator is very simple, as it is a formula-based tool. So to use it, enter the principal amount, choose a tenure, select the interest rate, and click on calculate. This way, you can get an estimate of the interest earnings and maturity amount.
The interest rates on your deposits depend on your age, tenor, and a few other factors. However, for non-senior citizen investors, the interest rate ranges from 3.25% to 7.00% per annum.
On the other hand, the interest rates for senior citizens FD are between 3.75% and 7.75% per annum. You can use a YES BANK FD calculator to choose a tenor that gives the best rates and returns.
YES BANK offers a maximum of 7.00% to regular citizens and 7.75% to senior citizens. The YES BANK fixed deposit calculator can help you understand which tenor and terms and can give you these rates and maximum returns.