Yes Bank launches YES Essence, a banking proposition customized for women; Details inside

Yes Bank launches YES Essence, a banking proposition customized for women; Details inside 

New Delhi: On the occasion of International Women’s Day, Yes Bank has announced the launch of YES Essence, a holistic banking proposition for women across customer segments – homemakers, salaried professionals, entrepreneurs and senior citizens. The private bank will celebrate the launch of this proposition with women customers throughout the Bank’s network of branches across India from March 8 to March 10, 2021.

"Every woman is unique and has different aspirations, each equally important. Coming from different walks of life and viewing success in innumerable ways, they craft their own unique stories. Power packed with a range of attractive offers, solutions and products for women covering categories like lifestyle, wellness, education, protection and investment, YES Essence celebrates the uniqueness of women through curated offerings and inspires them to fulfill their aspirations, by encouraging them to be who they essentially are - #BeYourself," the lender said in its release.

The proposition offers a bouquet of solutions including complementary healthcare benefits, earn on auto sweep to FD, preferential pricing on loans, fee waiver on demat and trading account, wealth management, offers on upskilling through partnerships, attractive lifestyle and shopping offers, among many more.

Benefits for homemakers:

• Discount on Locker rentals
• Complimentary My First Account for children*
• Holistic learning program for kids (YOGO) at Rs 499 only with a  free trial period for one month
• Bouquet of assured lifestyle benefits worth Rs 3,000 on multiple brands

Benefits for salaried women:

• Earn more with Auto sweep facility to Fixed Deposits
• Lifestyle & shopping offers on Debit Cards up to Rs 1.65 Lakh
• Bouquet of assured lifestyle benefits worth Rs 3000 on multiple brands

Benefits for women entrepreneurs:

• Preferential Rates on Business Loan & access to Standup India
• Benefits on MSME solutions like Zoho Books, Cleartax, Zaggle and more
• YES Essence Plus - Accelerator Program with acess to VCs and mentors
• Upskilling with Amazon Saheli and Tech Sakhi programs

Benefits for senior citizen:

• 0.5% extra interest rate on Fixed Deposits
• Enhanced service with skip IVR option on phone banking
• Discount on locker rentals
• Wealth & Succession Planning Advisory
• Financial advisory with expert services from partners

Benefits for all:

• Accelerated YES REWARDZ points
• Complimentary healthcare package
• Preferential pricing on loans
• Fee waiver on Demat and trading account
• High cash withdrawal & Shopping limits on Debit Cards

Speaking on the launch, Rajan Pental, Global Head - Retail Banking, YES BANK, said, “The holistic proposition has been thoughtfully curated to empower women in the very roles that they have chosen for themselves - extending opportunities for self-enrichment, right from finance to healthcare. This unique proposition with exclusive privileges aims to empower women and support them in the pursuit of their dreams and aspirations while also making their banking experience a rewarding one.”