Yes Bank has launched a fixed deposit product with a health cover for COVID-19 illness. The bank has tied up with Reliance General Insurance for the product, under which it will bear the premium cost for a cover of Rs 25,000 for new fixed deposits of over Rs 1 lakh.
Under the new scheme, new fixed deposit openings of Rs 1 lakh for one year and above will get the complimentary health insurance cover apart from an interest of around 7.25 per cent.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
