Product Details
Bank Name
Yes Bank
Account Name
Smart Salary Platinum Pro Account
Account Type
Salary Account
Interest Rate
Upto 10 lakh: 3.00%, above 10 lakh but less than 25 lakh: 3.50%, above 25 lakhs but less than 50 lakhs: 4%. Above 50 Lakhs: 5%
Free Debit Card
Explore Debit Card
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
Debit Card Charges
NIL
NEFT Charges
Free online
IMPS Charges
Free online
Fees and Charges
Smart Salary Platinum Pro Account
Special Features
Users can earn up to 16,000 YES Rewardz on an array of banking transactions in the 1st year.
A complimentary Explore debit card loaded with offers on BookMyShow, Shopping & Lifestyle.
No account opening charges & free brokerage on trades of up to INR 25 Lakhs for 365 days from date of account opening.
First-year free and 30% lifetime discount on Demat AMC from second year onwards
First-year free and 30% lifetime discount on Demat AMC from second year onwards.
Eligibility Criteria
Not specified by the bank.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Free RTGS/IMPS transactions.
Free SMS & Email alert facility.
Users can earn up to 16,000 YES Rewardz on an array of banking transactions in the 1st year.
A complimentary Explore debit card loaded with offers on BookMyShow, Shopping & Lifestyle.
No account opening charges & free brokerage on trades of up to INR 25 Lakhs for 365 days from date of account opening.
First-year free and 30% lifetime discount on Demat AMC from second year onwards
First-year free and 30% lifetime discount on Demat AMC from second year onwards.
Cons
Limited benefits.
Low interest rates.
Yes Bank Smart Salary Platinum Pro Account Review
The account comes loaded with a number of value add features. However, the account offers low interest rate. It can be considered by individuals who are looking for a good package of value add features.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Account Opening and Procedure
How to open an Account?
Visit a Yes Bank Branch: Go to your nearest Yes Bank branch with the required documents.
Submit Application Form: Fill out the account opening form and submit it to the bank representative.
Provide Necessary Documents: You'll need to provide documents like your PAN card, address proof, and proof of employment.
Complete KYC: The bank will conduct Know Your Customer (KYC) verification.
Account Activation: Once the verification is complete, your account will be activated.