Yes Bank Rule: If you have an account in Yes Bank, then you should be careful. The bank has changed many rules. At the same time, the bank has changed the charges and rules related to salary, defense, and merchant accounts. These changes will come into effect from October 1, 2025. It will affect millions of customers. Especially those customers who have a salary account, a Yes Vijay account, a Defense Pension account, and a Merchant Easy Prime account.
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Smart Salary Account Rules
According to the news, the holder of a Smart Salary account will now get a RuPay Debit Card. For this, a joining fee of Rs 199 will also be charged. At the same time, customers on Smart Salary Expensive and above variants will get the Engage or Explore Debit Card, whose fees can be waived under certain conditions. At the same time, joining and renewal charges will be waived. Monthly transactions at ATMs of other banks will be free up to 3 times in metro cities and 5 times in non-metro cities.
Salary account has on zero balance
Let us tell you that a charge of Rs 23 will be levied on financial transactions and Rs 10 on non-financial transactions. Rs 150 will be charged for ATM withdrawal, and Rs 20 for balance inquiry. If the cheque bounces, a charge of Rs 500 will be levied for the first time and Rs 750 for the second time. Zero balance is currently valid for salary accounts. On the other hand, if salary is not received for three consecutive months, the account will be converted into a regular account.
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Know the new rules of the Yes Vijay account
Yes, Vijay account holders will get a debit card for free. Cash transactions will be free up to Rs 1 lakh or twice. After this, a charge of Rs 4.5 per 1000 will be levied. If the cheque bounces, a fine of Rs 350 will have to be paid for the first time and Rs 750 thereafter. ECS return charge will be increased from Rs 500 to Rs 550. Defense and pension account holders will get unlimited ATM transactions as before.
No changes will be made in defense and pension accounts. Customers will get unlimited ATM transactions and free digital banking services as before. Along with this, the cash deposit limit has been increased in Merchant Easy and Merchant Prime accounts. A charge of Rs 4 per Rs 1000 will be levied on deposits above the limit. 2% will be levied on small notes and 5% on coin deposits above Rs 1000.