Yes Bank Monthly Income Plan

Hello sir, I want to know about the monthly income plan of yes bank? Is there any monthly income plan is present in yes bank? Please provide me detail of yes bank monthly plan?

[Shaleen]

As per my knowledge there is no any monthly plan is provided by yes bank.

Here I’m providing you detail for monthly plan:

The Monthly Income Plan is tailored for those individuals who regularly need money to supplement their income i.e. each month. Interest earned on your deposit becomes another source of income.

Key Benefits

This plan does not demand any extra formalities, as concerns overdrafts and withdrawals, hence enabling you to withdraw as much as 95% of the deposit amount.

This plan is Provides you the comfort of liquidity along with a security of your money being in safe hands.

An additional 0.50% interest for senior citizens (applicable only for deposits of Rs. 10000/- and above).

Provision for nomination

Terms & Conditions

Deposit account can be opened with minimum amount of Rs. 1,000/- and subsequent deposits in multiples of Rs.100/-.

Deposit Tenure:

Minimum - 12 months.
Maximum - 120 months.

Interest will be paid on monthly basis at discounted rate.