Yes Bank Savings India-review Yes Bank Savings India Rating: Yes Bank Savings India Welcome Bonus Savings accounts for your funds! Join Yes Bank Savings India Now

About Yes Bank

YES BANK is one of India’s leading private sector banks, offering a wide range of banking products and services to individuals, businesses, and corporates. Among its offerings, YES BANK provides various types of savings accounts tailored to meet the diverse financial needs of its customers across India. Here’s an overview of YES BANK Savings India:

  1. Savings Accounts:
    • YES BANK offers a variety of savings accounts designed to cater to different customer segments, including individuals, families, senior citizens, and minors. Each type of savings account comes with its features, benefits, and eligibility criteria to suit the specific requirements of customers.
  2. Features and Benefits:
    • YES BANK savings accounts come with a host of features and benefits, such as competitive interest rates, personalized banking services, easy fund transfers, online banking facilities, access to ATMs, debit cards, mobile banking apps, and more. Customers can also enjoy value-added services like cashback offers, discounts on shopping, reward points, and insurance coverage, depending on the type of savings account.
  3. Minimum Balance Requirement:
    • YES BANK may require customers to maintain a minimum balance in their savings accounts to avoid penalties or charges. The minimum balance requirement varies depending on the type of savings account and the location of the account holder.
  4. Interest Rates:
    • YES BANK offers attractive interest rates on savings account balances, allowing customers to earn returns on their idle funds. The interest rates may vary based on factors such as the account balance, account type, and prevailing market conditions.
  5. Convenience and Accessibility:
    • YES BANK provides customers with convenient access to their savings accounts through a network of branches, ATMs, and digital channels. Customers can manage their accounts, check balances, transfer funds, pay bills, and perform other banking transactions seamlessly through YES BANK’s internet banking portal, mobile banking app, or phone banking services.
  6. Personalized Services:
    • YES BANK strives to offer personalized banking services to its customers, ensuring a hassle-free and delightful banking experience. Whether it’s assistance with account-related queries, guidance on financial products, or support with transactions, YES BANK’s customer service team is committed to providing prompt and efficient service to meet customer needs.
  7. Security and Reliability:
    • YES BANK prioritizes the security and confidentiality of its customers’ financial information and transactions. The bank employs robust security measures, encryption protocols, and multi-factor authentication methods to safeguard customer data and prevent unauthorized access or fraud.
  8. Financial Inclusion Initiatives:
    • As part of its commitment to financial inclusion, YES BANK extends banking services to underserved and unbanked segments of the population, empowering them with access to formal banking channels, savings accounts, and other financial products. Through initiatives like no-frills accounts and mobile banking solutions, YES BANK aims to promote financial literacy and inclusion across India.

In summary, YES BANK Savings India offers a comprehensive range of savings accounts with attractive features, competitive interest rates, convenient access, and personalized services to meet the diverse banking needs of customers across India. With a focus on innovation, customer-centricity, and financial inclusion, YES BANK continues to be a preferred banking partner for individuals seeking reliable and rewarding savings solutions.

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YES BANK offers various savings accounts at attractive interest rates. Savings accounts have various features and benefits. Customers also have the option to open a savings account online.

Interest rates:

  • Up to 1 lakh – 4.00%
  • Between 1 lakh to 5 lakhs – 4.25%
  • From 5 lakhs to 10 lakhs – 5.00%
  • From 10 lakhs to 1 crore – 6.00%
  • From 1 to 10 crore rupees – 6.25%
  • 10 to 25 crore rupees – 6.00%

Features and advantages of YES BANK savings account

  • Free NEFT / RTGS payment facilities through online banking.
  • Debit card with exciting offers.
  • Unlimited access to ATMs of any bank across the country.
  • High yield up to 6.25% per annum on savings account.
  • Quarterly payment of interest on savings is available.
  • Free on-demand promissory notes both through online banking and branches.
  • Pay utility bills with ease using YES BANK savings account.
  • Life insurance, purchase protection insurance.
  • Account number of the customer’s choice.
  • Access to mobile and SMS banking.
  • YES BANK also provides home banking services.

Below are the different types of savings accounts offered by YES BANK and some of their features:


  • Minimum balance of Rs. 50,000.
  • Customer can use the debit card for free for the first year; after that, a fee of Rs. 599.
  • Two-month Amazon Prime membership.
  • Two-month Uber, BigBasket and Domino’s Pizza voucher worth Rs 100 for three months.


  • An Indian citizen must be at least 60 years of age. The senior citizen must be the primary or original account holder.
  • Fixed deposit accounts with YES Bank are eligible for an additional interest rate of 5%.
  • Regular banking activity allows you to earn loyalty bonus points. These bonus points can be used for account top-ups, purchases in stores and gift cards. All YES Bank branches offer convenient and free banking services. There is no fee for cash withdrawals from YES Bank ATMs. Through NEFT, RTGS and UPI, customers can pay their bills and send money online anytime at no charge. A dedicated customer service representative is assigned for senior citizens.


Attractive promotional offers, cashbacks and reward system.


Free e-mail and SMS alerts. ENGAGE personalized debit card, increased daily withdrawal limit. With the ENGAGE debit card the customer can earn five times more bonus points for all domestic retail purchases. All YES Bank ATMs offer free currency withdrawals. 24×7 access to NEFT, RTGS and UPI for bill payments and money transfers.


The minimum monthly balance is Rs. 10,000. If the customer has a fixed deposit of Rs. 50,000, they are exempted from the monthly average balance requirement. ELEMENT Debit Card. Ability to accumulate reward points through normal banking transactions. 10% discount on safe deposit box rental fee for the first year.


Indian citizen must be at least 60 years of age. Senior citizen must be the primary or original account holder. Senior citizens receive specialized customer support. Convenient and free banking services at all YES Bank branches. Cash withdrawal at YES Bank ATMs is free of charge. On term deposits with YES Bank you can get additional interest at the rate of 5%. You can get loyalty bonus points for typical banking operations. These bonus points can be used for top-ups, in-store purchases and shopping vouchers. Through NEFT, RTGS and UPI, customer can pay bills and send money online round the clock for free.


The normal monthly balance is Rs. 2500. Investment in children with regular fixed deposits. Debit card withdrawal limits which customer can set up for mobile and SMS banking to keep abreast of account activity.


500 bonus points are awarded when the account is first opened. Unlimited access to all ATMs of any bank across India. Customer can access SMS and mobile banking services to stay updated on all account transactions. Interest is paid every three months.


The recommended average monthly balance is Rs. 50,000. Fixed deposit of at least Rs. 5,000,000. Primary customer receives a free voucher from Taj Hotels worth Rs. 5,000. ELECTRIC debit card offers Rs 1.6 lakh and YES FIRST credit card offers free benefits for family members. A team of experts will help manage banking services. Opportunity to triple your banking rewards. The account includes additional benefits such as free tickets from BookMyShow. Safe deposit box of any size is free for the first year, after that all family members get a lifetime discount of 60%.


Customers can earn significant returns on their savings. The RuPay PMJDY debit card comes with special offers. Customers in India have unlimited access to ATMs of any bank. Account holders can purchase accident insurance.

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Documents required to open an account

  • Aadhaar card
  • PAN card
  • Cell phone number linked to Aadhaar card


Customer Requirements

  • Age: 18 years and above
  • Income Type: Self-employed or Salaried Employee

FAQ about Yes Bank Savings India

YES BANK offers a range of savings accounts tailored to different customer segments, including regular savings accounts, salary accounts, senior citizen accounts, and accounts for minors. Each type of account comes with its features and benefits designed to meet specific customer needs.

You can open a savings account with YES BANK by visiting any YES BANK branch or applying online through the bank’s official website. You will need to provide certain documents such as proof of identity, proof of address, photographs, and PAN card as per the bank’s requirements.

The minimum balance requirement varies depending on the type of savings account you choose and your location. YES BANK may have different minimum balance requirements for urban, semi-urban, and rural branches.

YES BANK offers competitive interest rates on savings account balances. The interest rates may vary depending on factors such as the account balance, type of savings account, and prevailing market conditions. You can check the latest interest rates on the bank’s website or inquire at a YES BANK branch.

Yes, YES BANK provides online banking facilities to its customers, allowing them to access their savings accounts, check balances, transfer funds, pay bills, and perform other banking transactions through the bank’s internet banking portal or mobile banking app.

YES BANK may levy certain charges or fees for services such as non-maintenance of minimum balance, ATM withdrawals beyond a certain limit, chequebook issuance, and more. It’s advisable to familiarize yourself with the applicable charges before opening an account.

Holding a YES BANK savings account comes with various benefits such as competitive interest rates, personalized banking services, access to digital banking channels, rewards and discounts on transactions, and value-added services like insurance coverage and cashback offers.

You can contact YES BANK’s customer service helpline or visit a branch for assistance with your savings account-related queries, account management, transaction issues, or any other banking assistance. YES BANK’s customer service team is available to assist you with prompt and efficient service.

Yes, you can link your YES BANK savings account with other financial products or services offered by the bank, such as fixed deposits, recurring deposits, mutual funds, insurance policies, and more. Linking your accounts allows for seamless fund transfers and integrated banking services.

YES BANK is regulated by the Reserve Bank of India (RBI) and adheres to stringent regulatory standards and security protocols to ensure the safety and security of customers’ funds. Your money is protected by the bank’s robust infrastructure, risk management practices, and deposit insurance coverage provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC) up to a certain limit.

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