With the festive season round the corner, Yes Bank has rolled out a special series of Festive Fixed Deposit (FD) schemes for 2025 with an exclusive offering of 400, 444, and 555 days as tenures. These limited periodic offerings are aimed at attracting new as well as old customers searching for a safe and highly profitable investment option during the festive months. These new FD plans thus provide a good combination of safety, convenience, and handsome returns and remain quite attractive for investors looking for short to medium-term saving options.
Key Features of the Festive FD Plans
Now, as per this scheme, the investors can select the flexible tenures of 400 days, 444 days, and 555 days, each attracting competitive interest rates compared to regular FDs. These schemes have been launched by the bank to promote saving and to reward customers during the festive season when expenses generally rise. The banker accepts deposits starting from minimum amounts as specified by the bank for a particular FD and both cumulative and non-cumulative interest payout facilities are offered.
Interest Rates and Perks for Investors
Yes Bank offers interest rates slightly higher than usual term deposits during the festive season. Senior citizens get an extra benefit on the interest rate, thereby increasing their returns. Capital protection is ensured by these FD plans, with assured returns untainted by any market fluctuations.
Customers can either reinvest their interest or have payouts decided according to their financial needs. Online booking via the Yes Bank app and website completes the ultimate ease of investment.
Reasons Behind Investors Choosing Yes Bank Festive FDs
Under fluctuating market conditions, fixed deposits remain popular amongst Indian investors. The festive FD schemes offered by Yes Bank stand out for their unique durations and attractive interest rates.
Short FDs are often considered by investors to strike a balance between liquidity and steady returns. The 400, 444, and 555-day terms are also particularly suitable for near-term financial planning focused on holidays, purchases, or festival-related expenses.
Endnote
The launch of festive FDs for 2025 by Yes Bank speaks volumes about their aim to provide customer-centric and rewarding financial products. These new fixed deposits with flexible tenures and enhanced interest rates are easily accessible for individuals looking for a smart and safe investment avenue to grow their savings during the festive season.