Individuals looking to save some money for their future can open a savings account with Yes Bank. The options offered by the bank come with the best banking features and privileges. Yes Bank offers its customers a better rate of interest on deposits than other banks.
Steps to Open Yes Bank Savings Account
Yes Bank gives you the power to create your own savings account and add features accordingly. In addition, you can enjoy the services and benefits of other savings account options available under the umbrella of Yes Bank. Follow the below-given steps to open Yes Bank savings account online:
| Steps to Open Yes Bank Savings Account Online |
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| Steps to Open Yes Bank Savings Account Offline |
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For those who do not want or know how to apply online can directly visit the branch to follow the steps to open Yes Bank savings account. A representative of the bank will guide you and suggest you the right option as per your savings needs. |
Yes Bank Savings Account Interest Rate
| Yes Bank Savings Account | Rate of Interest (w.e.f. September 1, 2017) |
| Up to Rs. 1 Lakh | 5.00% p.a. |
| Rs. 1 Lakh to Rs. 1 Crore | 6.00% p.a. |
| Rs. 1 Crore to Rs. 100 Crore | 6.25% p.a. |
With effect from September 1, 2017 interest rate of 5% p.a. on balances up to Rs. 1 lakh, 6% p.a. on balances of Rs. 1 lakh up to Rs. 1 Crore, 6.25% p.a. on balances of Rs. 1 Crore up to INR 100 Cr. For savings account balance greater than Rs. 100 Crore, please contact the branch or your designated Relationship Manager. Rates are subject to change at the sole discretion of YES BANK.
Savings Account Options Offered by Yes Bank
| Types of Yes Bank Savings Accounts | ||
| Insta Savings Account | Savings Exclusive Account | Smart Salary Platinum Account |
| Smart Salary Exclusive Account | Smart Salary Advantage Savings Account | Yes Family |
| My First YES Account | YES First for Women | Yes Honour |
| Customizable Savings Account | Savings Value | Yes Vijay |
| 3 – In – 1 Savings account | ||
Documents Required for Yes Bank Savings Account
Yes Bank will ask you for certain documents at the time of application submission. Look at the following list of documents needed for Yes Bank savings account:
- A duly filled account opening form
- PAN card or Form 60 for stating the reason of not having PAN card
- Proof of address
- Proof of Identity and signature
- Recently clicked passport size photographs of the applicant
| Documents Required for Yes Bank Savings Account | |
| Application Form | Duly filled application form will be required |
| Proof of ID |
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| Proof of Address |
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| Photographs | Latest passport size photographs of the applicant. |
| Proof of Signature |
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