Yes Bank Savings Account Opening is an online process, it’s easy steps to complete the application. Minimum Account Balance ₹10,000 and within account creation time is 2 days (48 hours): minimum Documents Requirements and free account with free virtual debit card.
The mobile number entered by the customer on your Yes Bank Savings link should be the same as that customer enters during their account opening journey.
Contents
Benefits:
- Open savings account digitally in minutes
- 24*7 online fund transfer & bill payment
- Free IMPS, NEFT, RTGS, and UPI facility
- Free virtual debit card
- Get reward points for account opening and transactions.
- Access your account anytime with the Mobile app & Whatsapp Banking
Required:
- Age: 24 to 55 years
- Available for all locations in India
- Documents Required:
- PAN card – Original for Video KYC
- Aadhar Card along with registered mobile number
- White Paper and Black Pen for signature
How to Open Yes Bank Savings Account Online
1. Click on your link to Open Yes Bank Savings Account
2. Will be directed to the Yes Bank website.
3. Enter the mobile number & complete the verification via OTP
4. Enter your email address & complete the email verification process.
5. Enter your Aadhaar number & verify it by entering OTP received on your registered mobile number.
6. Enter your PAN card number & proceed with the declaration.
7. Confirm address details
8. Enter personal & professional details.
9. Select one of the variants “Savings Account Pro” or “Savings Account Pro Plus” depending on the features and benefits.
10. Agree to maintain an Average Monthly Balance of ₹10000 or ₹25000 in savings account as applicable.
11. Enter Nominee Details & select your home branch (this is limited to a 30km radius of your permanent address)
12. Account details will be sent to the registered email id. Simultaneously, the process to complete VKYC.
13. Once Video KYC is completed, customer details will be verified by the bank and the account will be activated within 48 hours.
14. Once the customer’s account is successfully opened (confirmation email received), your income gets credited to your linked bank account during the payout cycle.
Terms & Conditions
The mobile number entered by the customer on your Yes Bank Savings link should be the same as that customer enters during their account opening journey.
1. Applicable only for new users. Users with existing Yes bank savings accounts are not eligible for commissions.
2. Full KYC via video call is mandatory for account opening.
3. Original PAN Card will be required at the time of video KYC.
4. Customers need to be present in India physically.
5. Customers can choose either Yes Bank Saving
Accounts Pro or Yes Bank Saving Accounts Pro Plus and need to maintain an average monthly balance of 10,000 and325,000 respectively
6. Account can be opened only during Bank business hours/working days (8 AM- 9 PM)
7. The entire account opening process should be completed in one go.
8. Select the account variant carefully. If the funding of 25,000 or above is done in Savings Account Pro, the payout will be ₹625 & not ₹825
