How to Fill Out the Yes Bank Fixed Deposit Account Opening Form

The Yes Bank Fixed Deposit Account Opening Form is the single document that books your deposit at a locked-in rate for a fixed tenure. You can download it as a PDF from the Yes Bank Form Centre, pick up a printed copy at any branch, or skip the paper entirely and open the FD through internet banking or the mobile app if you already hold a Yes Bank savings or current account. The minimum deposit is ₹10,000, tenures run from 7 days to 10 years, and once your paperwork is verified the account is usually live within one to two business days.1YES BANK. What Is the Difference Between Fixed Deposit and Recurring Deposit

What to Have Ready Before You Sit Down

A few missing details are the most common reason a branch officer sends the form back. Gather these first.

  • KYC identity and address proof. Yes Bank accepts an Aadhaar card, passport, driving licence, voter identity card, NREGA job card, or a letter issued by the National Population Register as officially valid documents.2YES BANK. YES HEAD STARTUP – Documentation
  • PAN card, or Form 60. The bank needs your Permanent Account Number to deduct TDS on interest and report it to the Income Tax Department. If you don’t have a PAN, a completed Form 60 is the required substitute; the deposit cannot be processed without one or the other.3Income Tax Department. Income-tax Act, 1961 – Section 139A4Press Information Bureau. Income-tax Rules Amended to Provide That Bank Shall Obtain and Link PAN or Form No 60
  • Your Yes Bank savings or current account number. The FD is funded from this account, and interest payouts and maturity proceeds credit back to it.
  • Nominee details. You can appoint up to four nominees. For each, keep the full name, date of birth, relationship to you, and share percentage handy. If any nominee is a minor, you also need to name an adult guardian.5YES BANK. Nomination Form for Accounts and Deposits

Where to Get the Form

The paper form is titled “Fixed Deposit and Recurring Deposit Account Opening Form (For Resident Individual, Non-Individual & Non-Residents, Existing Customers)” and sits on the Form Centre page of the Yes Bank website. Branches keep printed copies as well.

If you already hold a Yes Bank savings account, the internet banking portal and the mobile app let you book the same FD without a physical form. The online route pre-fills your personal and account details, but it asks for the same core choices the paper form does: deposit amount, tenure, interest payout type, and maturity instructions.

Filling Out the Form Section by Section

Personal Details

Write your full legal name, date of birth, occupation, and contact information exactly as they appear on your KYC documents. A minor spelling mismatch between the form and your Aadhaar or passport can trigger a verification hold. Enter your existing Yes Bank account number in the space provided so the FD is linked for funding and payouts.

Deposit Amount and Tenure

Fill in the amount you want to deposit (minimum ₹10,000) and the tenure. Yes Bank offers terms from 7 days up to 10 years. Your interest rate locks in at the rate prevailing on the booking date, so the tenure you pick directly sets your return. Rates change periodically, so confirm the current schedule on the Yes Bank site or with a branch officer before you commit.

Cumulative or Non-Cumulative Interest

The form asks you to pick one of two payout structures.

  • Cumulative. Interest compounds through the term and is paid in one lump sum at maturity. Each quarter’s interest earns interest in later quarters, so the effective return is higher. Choose this if you don’t need periodic income.
  • Non-cumulative. Interest is paid monthly, quarterly, or at the end of each interest period into your linked savings account. The total return is lower, but you receive a steady cash flow.

Maturity Instructions

Tell the bank what to do when the term ends. Two standard options apply.

  • Auto-renewal. The bank rolls your principal (and compounded interest, if cumulative) into a fresh FD at whatever rate applies on the maturity date. Your money stays invested without any action from you.
  • Credit to linked account. The maturity proceeds are deposited into your savings or current account.

Your choice becomes a standing instruction. To change it later, submit a written request at the branch or update it through internet banking before the maturity date.

Nomination

The FD form has a short nomination section, but the detailed appointment is done through the separate Nomination Form (Form DA1). Under the Banking Companies (Nomination) Rules, 2025, you can appoint up to four nominees in one of two arrangements.5YES BANK. Nomination Form for Accounts and Deposits

  • Simultaneous. All nominees share the proceeds together, in percentage shares you define, totalling 100%.
  • Successive. Nominees are ranked in priority order; a lower-ranked nominee receives the funds only if every higher-ranked nominee has died.

Joint deposits need every account holder to sign the nomination. If you choose not to nominate anyone, the form carries a separate declaration you must sign acknowledging that your legal heirs will have to go through a claims process, including court or authority-issued documents, to access the funds.

Funding the Deposit

Specify how the bank should collect the deposit amount. The default method is a debit from your linked Yes Bank account. If you are funding by cheque, enter the cheque number, date, and the drawee bank and branch. The cheque amount must match the deposit amount written earlier on the form; a mismatch sends the application back for correction.

Submitting the Form

Attach self-attested photocopies of your KYC documents and PAN card (or Form 60) to the completed form. Carry the originals so the branch officer can verify them against the copies. Sign the form in front of the bank representative, and make sure the signature matches the one Yes Bank has on file for your existing account.

Applications submitted through internet banking or the mobile app are verified digitally. You upload scans of any additional documents the system asks for, confirm the deposit details on screen, and authorize the debit with your transaction password or OTP.

After the bank checks data consistency and your signature, you receive a Fixed Deposit Receipt (FDR) or an electronic FD advice showing the account number, deposit amount, interest rate, tenure, and maturity date. Branch applications typically complete in 24 to 48 business hours. Online bookings are usually instant.

Choosing a Tenure: A Snapshot of Current Rates

Because the tenure box on the form sets your return, it helps to see how rates move across the term structure. The figures below are effective 2 June 2026 for deposits under ₹3 crore.6YES BANK. Savings and Fixed Deposit Interest Rate at a Quick Glance

  • 7–14 days: 3.25% (regular) / 3.75% (senior citizen)
  • 46–90 days: 4.50% / 5.00%
  • 181–271 days: 6.00% / 6.50%
  • 12 months: 6.65% / 7.15%
  • Over 18 months to less than 24 months: 7.25% / 7.75%
  • 36 months to less than 60 months: 7.00% / 7.75%
  • 60 months to 120 months: 6.75% / 7.50%

Senior citizens, meaning depositors aged 60 and above, earn an additional 0.50% on tenures under 3 years and 0.75% on tenures of 3 years and above, for domestic deposits under ₹3 crore. Rates can change at the bank’s discretion, so confirm the live figure before you write it into the form.

If You Need to Break the FD Early

You can withdraw before maturity, but Yes Bank charges a penalty that reduces your effective interest rate. For deposits under ₹5 crore:6YES BANK. Savings and Fixed Deposit Interest Rate at a Quick Glance

  • Completed tenure of 181 days or less: 0.75% penalty on the applicable rate.
  • Completed tenure of 182 days or more: 1.00% penalty on the applicable rate.

The bank pays interest at the rate that was in effect on the booking date for the period the deposit actually stayed, less the penalty. The penalty applies to both full and partial withdrawals.

TDS and Form 15G or 15H

Yes Bank is required to deduct TDS on FD interest when your total interest income from the bank exceeds ₹40,000 in a financial year, or ₹50,000 for senior citizens. The rate is 10% if your PAN is on file, and 20% without one. That is why the PAN field on the form is not optional.

If your total income for the year falls below the basic exemption limit, submit Form 15G, or Form 15H if you are a senior citizen, at the start of each financial year to request that no TDS be deducted. The form is a self-declaration that your tax liability is nil. Miss it, and TDS gets deducted; you can then claim a refund when you file your income tax return.