Yes Bank Fixed Deposit Calculator
The YES Bank Fixed Deposit Calculator is a free, online tool designed to help you estimate the returns on your fixed deposit investment. By entering key details like the deposit amount, interest rate, and tenure, you can instantly view the maturity amount and total interest earned. This calculator simplifies financial planning by allowing you to compare different investment scenarios and choose the most suitable FD option offered by YES Bank.
Benefits of Using the YES Bank FD Calculator
- Quick and Accurate Estimations - Instantly calculate the maturity amount and interest earned, saving time and avoiding manual errors.
- Easy to Use Interface - The tool is designed for simplicity—just enter your deposit amount, interest rate, and tenure to get instant results.
- Helps in Financial Planning - Allows you to compare different FD tenures and interest rates so you can choose the most profitable investment option.
- Supports Multiple Simulations - You can use the calculator multiple times, adjusting variables like deposit amount or tenure to explore various investment scenarios.
- No Registration Required - Accessible to everyone—no login or personal details are needed to use the calculator.
- Works for Senior Citizens Too - You can input the special interest rate applicable to senior citizens to calculate accurate returns for their FD plans.
How to Use the Wishfin YES Bank FD Calculator?
To use Wishfin YES Bank FD Calculator, you need to follow the steps carefully -
-
Access the Calculator -
Go to the Wishfin YES Bank FD Calculator.
- Enter Investment Details
-
- Deposit Amount: Enter the amount you wish to place in the fixed deposit.
- Interest Rate : Specify the applicable annual interest rate.
- Tenure : Select the duration of the deposit in years, months, or days.
-
View Results -
The calculator will display:
- Interest Earned : The total interest accrued over the tenure.
- Maturity Amount : The final amount you’ll receive upon completion of the fixed deposit tenure.
Formula for Calculating YES Bank Fixed Deposit Return
Simple Interest (SI)= 100P×R×T
Where:
- SI = Simple Interest
- P = Principal (initial deposit amount)
- R = Rate of interest per annum (%)
- T = Period (in years)
Total Maturity Amount: = P (1 + r/n)^n*t
Where:
- A (Maturity Amount): The total amount you receive at the end of the investment period, including both the initial principal and the interest earned.
- P (Principal): The original amount of money you deposit into the fixed deposit.
- R (Rate of Interest): The yearly interest rate provided on the fixed deposit, represented as a percentage.
-
n (Compounding Frequency):
The number of times interest is compounded during the year.
- Monthly compounding: n = 12
- Quarterly compounding: n = 4
- Half-yearly compounding: n = 2
- Annually compounding: n = 1
- T (Tenure) : The total duration (in years) for which the fixed deposit is held.
Compound Interest Formula (used for most YES Bank FDs) =
A=P×(1+nr)n×t
Where:
- A = Maturity Amount
- P = Principal (deposit amount)
- r = Annual interest rate
- n = The frequency at which interest is compounded annually (typically 4 times for quarterly compounding).
- t = Tenure in years
YES Bank Fixed Deposit Interest Rate
Here is the table, where you can find below the YES Bank Fixed Deposit Interest Rates for 2025 -
|
Fixed Deposit Interest Rates w.e.f. 21st April, 2025 (less than INR 3 Cr) |
||
|
Tenure |
Regular |
Senior Citizen |
|
Interest Rates (%P.A. |
Interest Rates (%P.A.) |
|
|
7 days to 14 days |
3.25% |
3.75% |
|
15 days to 45 days |
3.70% |
4.20% |
|
46 days to 90 days |
5.00% |
5.50% |
|
91 days to 120 days |
5.00% |
5.50% |
|
121 days to 180 days |
5.00% |
5.50% |
|
181 days to 271 days |
6.25% |
6.75% |
|
272 days to < 12 months |
6.50% |
7.00% |
|
12 months |
7.00% |
7.50% |
|
12 months 1 day to < 36 months |
7.50% |
8.00% |
|
36 months to < 60 months |
7.50% |
8.25% |
|
60 months |
7.50% |
8.25% |
|
60 months 1 day to <= 120 months |
7.00% |
7.75% |
Top Benefits of YES Bank Fidex Deposit
1. Flexible Deposit Options
Choose from a range of deposit products tailored to your financial goals, such as:
- Regular Fixed Deposit (FD)
- Floating Rate Fixed Deposit (FRFD)
- Tax Saver FD
- FlexiGain FD
- Recurring Deposit (RD)
2. Dual Benefits with Sweep-Out Feature
Enjoy the combined advantages of a Savings Account and a Fixed Deposit with YES Bank's Sweep-Out facility:
- Automatically transfer excess savings into an FD
- Earn higher interest on idle funds
- Maintain liquidity with ease
- Access an overdraft facility of up to 90% of your FD value.
3. Exclusive Senior Citizen Benefits
Special privileges for senior citizens include:
- Additional interest of up to 0.75% p.a.
- No penalty on premature withdrawal, ensuring both safety and flexibility
4. Earn YES Rewardz on Online FD Booking
Get rewarded for digital banking!
-
Earn 250 or more YES Rewardz points when you book your FD through:
- YES Online
- YES Robot
- IRIS App
- Other digital platforms
Frequently Asked Questions (FAQs)
