Yes Bank Recurring Deposit Calculator
Calculate your RD returns with latest Yes Bank rates
Highest RD Rate
7.75% p.a.
Best available rate by Yes Bank across tenures
Five Thousand rupees
Minimum amount varies by bank (typically ₹100 - ₹500)
Minimum period: 1 month (30 days). RDs are designed for regular monthly savings.
Used to calculate actual tax on RD interest. Select 0% if income below ₹3L
Maturity Amount
₹61,067
After 1 years
Total Investment
₹60,000
Interest Earned
₹1,067
Current Interest Rate
Yes Bank General Rate
per annum
Yes Bank Recurring Deposit Calculator Results
Year-wise breakdown of your monthly investments and returns
Yes Bank Recurring Deposit Interest Rates
Latest interest rates for different tenures
| Tenure | General Rate | General Maturity | Senior Citizen Rate | Senior Maturity |
|---|---|---|---|---|
| 7 days to 14 days | 3.25% | ₹5,014 | 3.75% | ₹5,016 |
| 15 days to 45 days | 3.5% | ₹5,015 | 4% | ₹5,017 |
| 46 days to 90 days | 4.9% | ₹15,123 | 5.4% | ₹15,135 |
| 91 days to 120 days | 4.75% | ₹20,199 | 5.25% | ₹20,220 |
| 121 days to 180 days | 4.75% | ₹30,418 | 5.25% | ₹30,463 |
| 181 days to 271 days | 6% | ₹46,140 | 6.5% | ₹46,237 |
| 272 days to less than 12 months | 6.25% | ₹62,071 | 6.75% | ₹62,240 |
| 12 months | 6.8% | ₹62,257 | 7.75% | ₹62,579 |
| 12 months 1 day < 18 months | 6.75% | ₹94,966 | 7.25% | ₹95,347 |
| 18 months | 6.75% | ₹94,966 | 7.25% | ₹95,347 |
| 18 months 1 day < 24 months | 7% | ₹129,154 | 7.5% | ₹129,840 |
| 24 months < 36 months | 7% | ₹194,651 | 7.5% | ₹196,157 |
| 36 months to < 60 months | 7% | ₹360,053 | 7.5% | ₹364,902 |
| 60 months | 6.75% | ₹357,658 | 7.5% | ₹364,902 |
| 60 months 1 day to <= 120 months | 6.75% | ₹858,421 | 7.3% | ₹885,213 |
Important Notes
- Min monthly: ₹100
- Penalty: 1% on premature closure
- TDS applicable if annual interest exceeds ₹40,000
- 15 days grace period for missed installments
Key Benefits
- Disciplined monthly savings habit
- Higher rates than savings accounts
- Auto-debit facility available
- DICGC insurance up to ₹5,00,000
Tax & TDS on Yes Bank Recurring Deposits
Understanding tax implications and deductions on your RD investments
Section 80C
Tax-saving RDs (5-year lock-in) qualify for deduction up to ₹1.5 lakh under Section 80C
Senior Citizens
Higher TDS exemption limit of ₹50,000 for citizens above 60 years
• Regular RDs don't qualify for Section 80C deduction
• Interest income is fully taxable as per income tax slab
• Form 15G/15H can be submitted to avoid TDS
• NSC and other alternatives also qualify for 80C
TDS Rate
10%
Exemption Limit
₹40,000
TDS Calculation
TDS is deducted at 10% if total interest from all RDs with Yes Bank exceeds ₹40,000 in a financial year
TDS is calculated on maturity amount
No TDS on monthly installments
Form 26AS shows TDS deducted at maturity
Can be claimed as advance tax while filing ITR
₹5,000/month RD
At 7% for 3 years
₹22,680
Total Interest
TDS: ₹0
₹10,000/month RD
At 7% for 3 years
₹45,360
Total Interest
TDS: ₹536
₹25,000/month RD
At 7% for 3 years
₹113,400
Total Interest
TDS: ₹7,340
Yes Bank Recurring Deposit FAQs
Everything you need to know about Yes Bank Recurring Deposits, RD interest rates, and systematic savings planning
What is the minimum amount required for Yes Bank RD?
What is the current highest RD rate offered by Yes Bank?
Is the interest earned on Yes Bank RD taxable?
Can I miss a monthly installment in Yes Bank RD?
Compare RD Rates Across Banks
Calculate Recurring Deposit returns with different banks and find the best rates
