Highest FD interest rate of 7.85% for senior citizens: This bank revises FD interest rates after RBI repo rate cut

Private sector lender YES Bank has revised its interest rates on fixed deposits (FDs) for amounts below Rs 3 crore after the Reserve Bank of India (RBI) cut the repo rate by 50 basis points in its Monetary Policy Committee's meeting on June 6, 2025.

Banks' deposit and lending rates are closely tied to the repo rate-the rate at which the Reserve Bank of India (RBI) lends to commercial banks.

Latest FD rates of Canara Bank, Axis Bank, Indian Bank, Kotak Mahindra Bank after RBI’s repo rate cut

After the revision, YES Bank offers interest rates between 3.25% and 7.10% for FD amounts less than Rs 3 crore for general citizens for tenures ranging from 7 days to 10 years, compared to 3.25% and 7.5% earlier. The bank offers the highest interest rate of 7.1% for a tenure ranging from 36 months to less than 60 months.

Latest YES Bank FD interest rates

Tenure	Regular
Interest Rates (%P.A.)*
7 days to 14 days	3.25%
15 days to 45 days	3.50%
46 days to 90 days	4.50%
91 days to 120 days	4.75%
121 days to 180 days	4.75%
181 days to 271 days	6.00%
272 days to 12 months	6.25%
12 months	6.75%
12 months 1 day 18 months	6.85%
18 months	6.85%
18 months 1 day 24 months	7.00%
24 months 36 months	7.00%
36 months to 60 months	7.10%
60 months	6.75%
60 months 1 day to = 120 months	6.75%

Senior Citizen FD rates

For senior citizens, YES Bank now offers interest rates between 3.75% and 7.85% per annum for amounts less than Rs 3 crore, compared to 3.75-8.25% earlier.

The highest interest rate of 7.85% per annum is offered on tenures ranging from 36 months to less than 60 months for senior citizens.

"Resident senior citizens earn additional interest of 0.5% for tenure less than 3 years and 0.75% p.a. for tenure of 3 years and above on fixed deposits value less than INR 5 Crore," YES Bank stated on its website.
Tenure Senior Citizen**
Interest Rates (%P.A.)*

Tenure	Senior Citizen**
Interest Rates (%P.A.)*
7 days to 14 days	3.75%
15 days to 45 days	4.00%
46 days to 90 days	5.00%
91 days to 120 days	5.25%
121 days to 180 days	5.25%
181 days to 271 days	6.50%
272 days to 12 months	6.75%
12 months	7.25%
12 months 1 day 18 months	7.35%
18 months	7.35%
18 months 1 day 24 months	7.50%
24 months 36 months	7.50%
36 months to 60 months	7.85%
60 months	7.50%
60 months 1 day to = 120 months	7.50%

Source- Bank website