A fixed deposit is a lucrative investment option that gives you steady returns on your surplus funds. However, to get the maximum returns on your deposit, use a YES BANK FD calculator and plan your investment to make the most of it.
The calculator works by giving you an estimate of your returns, which you can use to determine the ideal tenor and investment amount. Moreover, you can do multiple calculations without errors using a YES BANK fixed deposit calculator, helping you make informed decisions.
Read on to know the latest YES BANK FD interest rates, the benefits of using a YES BANK FD calculator, and more.
Here are the YES BANK FD interest rates for domestic deposits under ₹2 Crores:
Investment Tenors |
Regular Citizens (in p.a.) |
Senior Citizens (in p.a.) |
7 days to 10 years |
3.25% - 7.50% |
3.75% - 8.00% |
Disclaimer: The above interest rates are as of October 2023 and are subject to change as per the bank’s policy.
Here are some of the other benefits of using the YES BANK FD calculator:
Before you book an FD, ensuring you get the highest possible returns on your investment is crucial. For this, you can use a YES BANK fixed deposit calculator, as it gives you the interest amount and maturity amount instantly based on the inputs you enter.
You can get the results by entering the required values, such as the deposit amount and tenor, on the YES BANK FD calculator. Once you have entered the information, the calculator will instantly show the interest earned and maturity amount.
The YES BANK FD calculator can help you choose a tenor generating the returns you expect. You can adjust the tenor as many times as you want until you find an option that fits your goals and finances.
When calculating your estimated returns manually, there are high chances of errors. However, the YES BANK fixed deposit calculator can do the same calculations quickly and without any errors. As such, it becomes a more reliable option.
The YES BANK FD calculator can help you find terms that fit your current budget without having to compromise on the required maturity amount. You can also use the calculator to plan FDs in a way that helps you save tax on the interest income.
With these benefits, you can simplify your financial planning and choose options that align with your preferences. In addition, you can also use an FD calculator to compare the interest rates of top FD schemes available on Bajaj Markets.
Once you decide on the scheme, you can begin the online investment process that requires minimum documents. As such, with Bajaj Markets, you can begin your investment journey in just a few clicks online.
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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 tenor, 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 7.50% per annum.
On the other hand, the interest rates for senior citizens are between 3.75% and 8.00% 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 7.50% to regular citizens and 8.00% 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.