[www.keralites.net] Earn 7% (Highest) Savings Bank Deposit Interest from YES Bank

 

Earn 7% (Highest) Savings Bank Deposit Interest from YES Bank

Buoyed by an over 30% spike in savings deposits after it increased the interest rate to 6% two months ago, private sector lender Yes Bank today again increased the same to 7% to further  attract  more such low-cost funds.

The bank raised its savings deposit rate by 1 percentage point to 7% on deposits of over Rs 1 lakh effective today.  It, however, has retained the pricing on deposits under Rs. One lakh at the previous level of 6%.

 

Best Regards

 

Prakash Nair

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www.keralites.net

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