Yes Bank Launches Digital Savings Account
Money & Banking
Private sector lender Yes Bank has launched a full service digital savings account which would ensure physical distancing and eliminate the need for a branch visit, physical documentation or any in-person interaction in times of the current pandemic.
It will also help the lender to cater to a diverse customer base, especially in tier 1 and tier 2 cities, in line with the its strategy of building a transformed ‘Digital Bank’.
“Yes Bank’s digital savings account comes with a virtual debit card, unlocking over 100 features on mobile through YES Mobile and web including transactions, fund transfers and online shopping using the virtual debit card,” it said in a release, adding that the account will offer six per cent interest.
Published on
June 27, 2020
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Private sector lender Yes Bank has launched a full service digital savings account which would ensure physical distancing and eliminate the need for a branch visit, physical documentation or any in-person interaction in times of the current pandemic.
It will also help the lender to cater to a diverse customer base, especially in tier 1 and tier 2 cities, in line with the its strategy of building a transformed ‘Digital Bank’.
“Yes Bank’s digital savings account comes with a virtual debit card, unlocking over 100 features on mobile through YES Mobile and web including transactions, fund transfers and online shopping using the virtual debit card,” it said in a release, adding that the account will offer six per cent interest.
Published on
A letter from the Editor
Dear Readers,
The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill.
In these difficult times, we, at BusinessLine, are trying our best to ensure the newspaper reaches your hands every day. You can also access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute.
But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.
I appeal to all our readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. You can help us by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section.
Our subscriptions start as low as Rs 199/- per month. A yearly package costs just Rs. 999 – a mere Rs 2.75 per day, less than a third the price of a cup of roadside chai..
A little help from you can make a huge difference to the cause of quality journalism!
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