Fixed Deposit Interest Rate: Every person wants to increase his money and for this people adopt many ways. Some start a business, while many make big money by investing. If you are also planning to invest, then this news is of your use. Many such schemes are being run by the government and banks, in which people can earn good profits by investing their money.
However, most people believe that FD is the safest option in terms of investment. In India, from youth to senior citizens like to invest in FD. The biggest reason for this is that guaranteed returns are available on FD and banks keep updating the interest rates of FD from time to time. This is the reason why people like to invest in FD (FD Rate) the most.
If you are also one of those people who want to earn huge profits by investing money (investment tips), for this, you take the help of bank FD, then this news is going to be very important for you. Before investing in any bank FD, you must know which bank is offering you the highest interest by investing in its FD. In this article, we will tell you in detail about Yes Bank's FD scheme. How much profit can you earn in how much time by investing in the FD of this bank? Let's know -
Yes Bank FD Interest Rate -
Yes Bank (Yes Bank FD Interest Rate) is offering a good deal to its customers in FD. In this bank, you can invest in FDs with a duration of 7 days to 10 years. In this bank, you can get a return of up to 8.50 percent interest rate.
If you invest in Yes Bank's FD of 18 months duration, then you will get a return of 8 percent interest rate.
For Senior Citizens (Senior Citizen FD Interest Rate), this interest rate is 8.50 percent. Yes Bank is providing 0.50 percent interest to senior citizens as compared to general customers. If you invest Rs 5 lakh in this FD with a duration of 18 months, you will get a huge fund of Rs 5,63,081 on maturity. At the same time, senior citizens will get Rs 5,67,234. In this way, you will get a profit of about Rs 68,000.
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