YES Bank Regular Savings Account vs HDFC Bank Savings Account

Interest Rate

4.00% - 5.25% p.a
3.00% - 3.50% p.a.

Minimum Balance

NIL or Rs. 10,000/Rs. 25,000
Rs. 10,000 for Urban branches; Rs. 5,000 for Semi Urban branches; Rs. 2,500 for Rural branches

Monthly Average balance

For Savings Account PRO: Rs. 10,000; For Savings Account PRO Plus: Rs. 25,000; Freedom from maintaining average monthly balance (AMB) subject to FD value five times of AMB requirement
Rs. 10,000 for urban branches; Rs.5000 for semi-urban branches; Average quarterly balance of Rs. 2500 or FD of Rs.10,000 for minimum 1 year 1 day for rural branches

Features

Internet and Banking facility available

Mobile and SMS banking SMS & Email alert facility for day end balance/ transactions above a threshold/low balance (free for Savings account PRO Plus customers)

TRUE Anywhere banking facility – Free banking across all YES Bank branches

Free cash withdrawal facility across all YES Bank ATMs

Access your account detail anytime, anywhere with easy access to digital channels like YES ONLINE, YES Mobile, YES ROBOT & WhatsApp Banking

24*7 online fund transfer & bill payment through free NEFT, RTGS & UPI facility 

Free Utility Bill Payment              

Sweep-In/Email and SMS Alerts

E-Statement

Payable-at-par Chequebook

BillPay

NetBanking and MobileBanking

ATM facility

Documents Required

* Duly-filled account opening form

* PAN Card/Form 60 with reasons for not having a PAN Card

* Recent photographs of the applicant

* Valid Driving License

* Valid Passport, Voter’s ID, Aadhaar Card E-Aadhaar (downloaded from UIDAI website)

To open a YES Bank Savings Account, please click here  

* A filled-up application form

* Passport, Voter ID card, PAN card, Permanent Driving license, Aadhar card, NREGA job card, or ID card issued by central or state governments, PSUs, scheduled commercial banks

* Employment Proof

* Latest passport size photographs


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