Yes Bank Saving Account Interest Rate – Updated Guide

Key Takeaways
 

• The Yes Bank Saving Account Interest Rate Latest can go up to 4.00% per annum on higher balances. 
   
• IndusInd Bank Savings Account Interest Rate can go up to 5.00% on high balances.
   
• Kotak Bank Savings Account Interest Rate is about 2.50% per annum lately.
   

Bonus Tip: Yes Bank offers competitive Fixed Deposit rates up to 7.98% per annum, excellent for locking surplus funds. 

 Ronit, a realtor in Delhi, once joked that selling houses was easier than finding a bank that gave decent returns. He wanted to park his earnings at someplace that worked as hard as he did. That’s when he started comparing banks. His primary target was the Yes Bank Saving Account Interest Rate. But he also went through the Kotak Bank Savings Account interest rate and the Indusind Bank Savings Account interest rate. He also considered Bandhan Bank Savings Account interest rate before he finally decided which one to go forward with. Kotak Savings Account interest rate goes up to 5.5% per annum. Indusind Bank Savings Account interest rate ranges between 2.5% and 5% per annum. Bandhan Bank Savings Account interest rate ranges between 2.7% and 6% per annum.

Think of a savings account like a rented shop where you pay a token rent (minimum balance). The bank, like a generous landlord, gives you a share of profits (interest). The Yes savings account interest rate is that share, increasing slightly as your balance grows. 

Ronit said, “I kept ₹20,00,000 from a Delhi penthouse in my Yes Bank savings account. I earned more Yes Bank savings account interest rate than if I parked ₹1,00,000, due to slabwise incremental rates.”

Latest Yes Bank Savings Account Interest Rates 2025-26

Here’s what Ronit found on the Yes Bank Saving Account Interest Rate Latest structure: 
 

The slabwise system means bigger deposits generally earn higher returns.

Yes Bank Savings Account Features and Benefits

Before sealing deals near Hauz Khas Village, Ronit wanted perks too! Yes Bank Savings Account offers more than interest:
 

Yes Bank savings accounts now offer digital convenience, reward-based debit cards, free fund transfer facilities, and quarterly interest credits. They cater well to both tech-savvy savers and salaried professionals. These features make saving easy for busy Delhi realtors like Ronit who want both convenience and returns.

Yes Bank Savings Account Fees and Charges

Yes Bank savings accounts have minimum balance requirements (₹1000-₹5000) and charges for non-maintenance depending on variant and city category. 
 

Always check the latest schedule for Yes Bank fees and charges. Ronit looked out for these fees so they wouldn't consume his gains.

Yes Bank Savings Account Types

In his search, Ronit found different types of Yes Bank Savings Accounts. Yes Bank’s savings accounts are tailored to different needs:
 

Ronit’s realtor colleagues joked that it’s like choosing between a 1 BHK, a 2 BHK, or a villa. More space (features) costs more but gives more returns (perks). Slab rates still apply across types, but perks vary from rewards points to reduced charges on services. Always confirm account-specific details before applying.

Conclusion

Like Ronit’s favourite chai, finding the right Yes Bank Saving Account Interest Rate brought a wide grin to his face. Whether saving ₹2,00,000 or ₹20,00,000 from a site sale, slabwise interest often felt like a bonus “commission.” Kotak Bank savings account interest rate and Indusind Bank savings account interest rate gave him comparison points. 

Yes Bank’s perks and competitive slabs won in his spreadsheet battles. Even his realtor pals joked, “Ronit, your money dances 4% steps faster than market rates!” So, if savings were a song, Yes Bank might just be the chartbuster.

FAQs Related to Yes Bank Savings Account Interest Rates

How is Yes Bank savings interest calculated?
Interest is calculated on incremental daily balances across slabs, not one flat rate on the total balance. So if an individual has ₹10,00,000, part gets the lower slabs’ rate, part gets the higher.

Can interest rates change?
Yes! Interest rates can change when the RBI policy shifts or the bank revises slabs. History shows banks cut or revise rates after the RBI rate moves.

How does Yes Bank compare with Bandhan Bank savings interest?
Bandhan Bank savings account interest rate can go up to high percentages like 6.15% for certain balances above ₹10,00,000 in some slabs.

Is savings interest taxable?
Yes, interest earned is taxable as per your income tax slab. Always check with your tax expert before filing returns.

What is the current Yes savings account interest rate on lower balances?
As of early 2026, it starts around 2.50% for balances up to ₹1,00,000.

Is it worthwhile to keep ₹25,000 in a Yes Bank savings account instead of a fixed deposit?
Yes, many users on discussion forums say keeping a modest amount like ₹25,000 in a high-yield savings account (like Yes Bank’s slab-wise interest) gives easy liquidity with steady interest while you plan bigger FDs later.

Is it a good idea to open NRI/NRO accounts and park savings with Yes Bank because of its interest rates and services?
Many users highlight that Yes Bank offers competitive NRI savings interest rates and FD returns with dedicated service, making it an attractive option for NRIs looking for higher returns and good support.