Do you want to close your Yes Bank Fixed Deposit account? If yes then here we will tell you how to close Yes Bank FD account and get back the FD amount in saving account.
For some reason, if you wish to premature withdraw your Yes FD, then you can do it by login to net banking. After closing your FD account, the amount will be credited to your saving/current account.
Yes Bank offers an online fixed deposit opening facility so you can open your FD account online through Mobile Banking and net banking. The interest rate also very attractive compared to other banks.
- Read Also: How to open RD Account in Yes Bank Online
How To Close YES Bank FD Account
Login to Yes Net Banking.
After login, you can see banking options on your left side, click on Fixed Deposit – Premature Withdrawal
Now select your Deposit account and click on Go.
Next screen select your saving account number and submit. The FD amount will be transferred to your saving/current account.
Premature withdrawal of Fixed Deposit on YES BANK NetBanking is available only for Single holding deposits of Individual customers. On premature withdrawal of the Fixed Deposit, interest rate prevailing at the date of deposit, for the period for which deposit was with the Bank, shall be payable.
Q.1: How to premature Withdraw my Yes Bank FD?
Ans: You can withdraw your Yes Bank FD amount through net banking. The money will be credited back to your saving account.
Q.2: Can I transfer FD amount to another bank account?
Ans: No, after closing your FD account, the amount will be transferred to your saving account only. After getting your FD amount in your saving account, you can transfer it to other bank accounts.
Q.3: How can I break Yes Bank FD online?
Ans: You can break Yes Bank FD online using Internet Banking. The full FD amount with the applicable interest rates will be credited to your bank saving account.