Particularly designed for the convenience and hassle free banking experience for the senior citizens YES Bank introduces YES Respect, that shall take care of the specific needs for the senior citizens in order of lifestyle and dealing with finances.
Features
Annual Maintenance Charges | There is 1 year waiver for Annual Maintenance Charges on Demat Account |
High Returns | Relish on the privilege of higher return of 6% per annum on Saving Bank Account |
Tax Free Income | You get tax-free interest income up to Rs 10,000 on Saving Account |
Locker Charges | There is a 40% off on locker charges |
Interest Payment | Senior Citizens gets to enjoy an additional benefit of 0.50% interest rate on Term Deposit |
Standing Instruction | Available |
Debit Card | Free, Silver Debit Card |
RTGS/NEFT | Free |
Demand Draft | Free, through branch and NetBanking up to a defined limits, demand draft is issued. |
Utility Bill | You can pay your utility bills for free through NetBanking for registered billers. |
Insurance Cover | Free Personal Accident Death Cover of Rs 1 lac |
Lost Card Liability | You get the convenience of Lost Card Liability as well as Purchase Protection benefit. |
Deposit Scheme Offered By Yes Bank
YES Grace Deposit Scheme
Yes Bank Deposit Scheme MY FIRST YES – Interest Rates