Yes Bank is India's fourth[2] largest

private sector bank, founded by Rana

Kapoor and Ashok Kapur in 2004.
Yes Bank is the only Greenfield Bank
licence awarded by the RBI in the
last two decades. YES BANK is a
“Full Service Commercial Bank”, and
has steadily built a Corporate, Retail
& SME Banking franchise, Financial
Markets, Investment Banking,
Corporate Finance, Branch Banking,
Business and Transaction Banking,
and Wealth Management business
lines across the country.

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ACCOUNT OPENING

Choose an Institution

Go to the Bank or Website

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 Pick the Product You Want

Provide Your Information

Agree to Terms

Print, Sign, and Mail (If Applicable)

Congratulate Yourself!

PRODUCT/SERVICES PROFILE OF YES BANK

1. Current account
-CA30000
-CA70000
-CA200000
-CA500000
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2. Savings account
-Silver savings account
-Gold savings account

3. FD
4. Smart Saver
5. Smart Access
6. Non resident account (different varient)

CURRENT ACCOUNTS
Current Account is primarily meant for the purpose of facilitating business
transactions.
Current Accounts – Benefits
The main advantage of Current Account is its high liquidity and also provides
safety of funds to the customer. Current account serves as a low cost of funds for
the Bank, provides an opportunity for cross sell and creates stickiness /
engagement of the customer because of their transactional nature.

SAVINGS ACCOUNTS
Savings Bank Accounts are meant to promote the habit of saving among the
citizens while allowing them to use their funds when required. Savings accounts
are opened for purpose of personal banking transactions.
Savings Accounts – Benefits
The main advantage of Savings Bank Account is its high liquidity and safety.
Savings account serves as a low cost of funds for the Bank, provides a platform for

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cross sell and creates stickiness / engagement of the customer because of its
transactional nature.

FIXED DEPOSITS
In a Fixed Deposit Account, a certain sum of money is deposited in the bank for a
specified time period with a fixed rate of interest. The rate of interest for Bank
Fixed Deposits depends on the maturity period.

Bank deposits are fairly safe because banks are subject to control of the Reserve
Bank of India (RBI) with regard to several policy and operational parameters. The
banks are free to offer varying interests in fixed deposits of different maturities.
Interest is compounded once a quarter, leading to a higher effective rate.

The minimum deposit amount varies with each bank. The minimum amount of
Fixed deposit that can be placed with YES Bank can range from as low as Rs.
10,000 to an unlimited amount.

Interest Rates for Fixed Deposits

Less thanAnnualized
INR 15 lacs Yield

7 to14 Days 2.25% 2.25%

15 to 30 Days 2.50% 2.50%

31 to 45 Days 3.00% 3.00%

46 to 60 Days 3.50% 3.50%

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 61 to 90 Days 4.00% 4.00%

91 to 120 Days 4.50% 4.50%

121 Days to 180 Days 4.75% 4.75%

181 Days to 270 Days 6.00% 6.14%

271 Days to less than 1 Year 6.00% 6.14%

1 Year to 13 Months 6.60% 6.77%

13 Months 1 Day 6.75% 6.92%

13 Months 2 Days to 15 Months6.60% 6.77%

15 Months 1 Day to 18 Months 6.60% 6.77%

18 Months 1 Day to 2 Years 7.10% 7.29%

2 Years 1 Day to 25 Months 7.10% 7.29%

25 Months 1 Day 7.25% 7.45%

25 Months 2 Days to 3 Years 7.10% 7.29%
3 Years 1 Day to 5 Years 7.50% 7.71%
Greater than 5 Years 7.50% 7.71%

Returns

The rate of interest for Bank Fixed Deposits depends on the maturity period
(duration) of the FD and the amount invested. Interest rate also varies between each
bank. Some banks have facility to pay interest every quarter or every month, but the interest paid
may be at a discounted rate in case of monthly interest. The Interest payable on Fixed Deposit
can also be transferred to Savings Bank or Current Account of the customer or could be paid
back by a PO.

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 FD Minimum Tenure Account Type
Value(Rs.)

Rs.200,000 6 Months 1 Day Gold Account

Rs.25,000 6 Months 1 Day Silver Account

RECURRING DEPOSIT

Given the volatility and risk of capital and return across various investment
options, customers look for avenues to park funds with assured returns and safety
of principal. Recurring Deposit scheme enables the depositor to make a financial
provision by paying equated monthly installments for a pre-agreed period. At the
end of pre-determined period you are paid back the lump sum including the
principal and interest.

Features and benefits of Recurring Deposit

 Open a Recurring Deposit with a minimum monthly installment of Rs 1,000
 Choose the convenience of duration between minimum 6 months to maximum 2
years.
 Lock your interest rate now for future bookings (identical to the Term Deposit
interest rates).
 Senior citizens get an extra benefit in the interest rates (extra 50 basis points).
 Non-applicability of Tax Deduction at Source (TDS).
 Encourages savings without stress on customer’s finances.
 Easy way of paying monthly installment by providing a onetime standing
instruction from customers YES Bank Savings Account.

SMART ACCESS
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Money kept in the Savings Account earns a lower rate of interest vis a vis the same
if placed as a Term Deposit. Money in the Savings account provides liquidity and
cover for day to day or immediately foreseeable expenses. SMART ACCESS
account gives you the flexibility by linking your term deposit(s) to your savings or
current account. Whenever there is a need of funds, the same is swept in from the
linked term deposit to meet the requirements.

Features & Benefits

 Earn high Term Deposit interest rates on your savings
 Enjoy the flexibility of a YES Bank Savings Account or a Current Account.
 Get easy access to you money whenever you need it through a ATM or any
YES Bank branch
 Your Deposit is broken in multiples of Re 1
 Link multiple Term Deposits to your account.
 Get a personalized cheque book in the Savings Account
 Your complete access to your account related information on your fingertips
with our phone banking services.
 No extra fee or cost will be charged to the customer for this facility. The
Savings/Current Account AQB requirements as well as associated service
charges will be as per applicable Schedule of Charges.

DEBIT/ATM CARDS

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 FREE Unlimited Access to over 19000 ATMs across India
 Free Unlimited Access to over 1.25 million MasterCard ATM’s worldwide
and over 19,000 ATM’s in India
 1st Indian debit card to offer 0% surcharge on fuel purchases at any petrol
pump in India- instant 2.5% saving
 Daily cash withdrawal limit of Rs. 75,000 & purchase limit of Rs.75,000
 International transactions are always reflected in Indian Rupees
 Free access to clipper lounges at Airports in major metros

 FREE Unlimited Access to over 19000 ATMs

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  Daily cash withdrawal limit of Rs. 25,000 & purchase limit of Rs. 25,000
 Instant updation of account to reflect your debit card transactions. Keeping
you in the know, so you can manage your money better
 International transactions are always reflected in Indian Rupees
 Annual fee of only Rs149

 India’s most economical US$ Travel Card: Low fees and cross-currency
exchange mark-up not applicable in U.S.
 FREE Access to over 9000 Chase ATMs in the U.S.

WORK FLOW MODEL

DEPOSITS

Customer Approaching the

Bank/Enquiry

Introduction

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 Documentation

Saving, Fixed, Current

and Recurring A/C

A/C holder facility

Deposits Withdrawal

Cashier Cashier

Cash supervision Cash supervision

Account for the customer

General utility services

 Corporate and Institutional
Banking
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 Commercial Banking
 Investment Banking
 Corporate Finance
 Financial Marketing
 Retail Banking

Agency functions of commercial

banks
Agency Services or Agency functions of commercial
banks are elaborated in detail below

1. Collection of Cheques, Dividends,

Interests etc.:.
2. Payment of Subscription, Rent, Insurance
Premium etc.: 3. Conduct of Stock Exchange
Transactions:
4. Acting as Executor, Trustees, Attorneys
etc.: 5. Preparation of Income Tax Returns:
6. Conducting Foreign Exchange
Transactions:.
7. Banker acts as an agent to the customer.

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8. As the customer has to pay certain periodical
payments such as monthly, quarterly, half yearly, the
banker is informed by a standing instruction.
9. As the customer may be a shareholder or debenture
holder of companies, he will be receiving dividend
warrants and interest warrants, which will be
deposited by the customer in the bank..
10.. The banker will be able to advise customers
about various investment opportunities as he
has the services of experts.
11. When customers die suddenly leaving behind minor
children, the court may appoint the banker to act as
executor of will. Similarly, in the case of certain
companies, the bank may act as trustee for their
property in the interest of creditors of the company.
12. In certain business transactions, payments are made
with the help of banks by transferring funds to different
centres..
13. In the case of foreign transactions or even domestic
transactions, the banks will undertake collection
of funds on behalf of customers.
14. Salary disbursement:.
15. On the basis of the credit worthiness of the
customer, banks issue credit card.

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