91 views 2 mins 0 comments

YES BANK: Collection Banking Partner for PM CARES Fund

In Business
April 08, 2020

MUMBAI:
YES BANK pledges its support to its fellow citizens, as a contribution collection banking partner, by the Government of India for collection of donations for the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund).

In solidarity, through this opportunity to support the ongoing relief and rehabilitation measures towards Covid-19, the Bank’s employees have also pledged to voluntarily contribute to the fund. The Bank had recently committed INR 10 crore to the PM CARES Fund to help combat COVID-19 and support ongoing relief efforts.

Individuals and organizations can now donate to the PM CARES Fund from the comfort of their home using the Bank’s digital banking channels like YES BANK NetBanking and mobile banking. The donations can be made using details at the link, https://www.yesbank.in/donations-to-pm-cares-fund. We are currently only accepting domestic contributions.

In line with this, the Bank has also enabled redemption of YES BANK Credit Cards reward points towards contribution to the PM Cares Fund. Customers can redeem their rewards points in denominations of INR 250, INR 500 and INR 1000 on
www.yesrewardz.com/CreditCard/. However, card members will not receive a tax exemption certificate for contributions made using reward points.

YES BANK takes this opportunity to acknowledge and salute the spirit of our fellow citizens and communities, in coming together to combat the COVID-19 situation, bringing the Government, organizations from across industries, sectors and individuals together, in combating this. As an essential services provider, the Bank remains committed to assist and serve its customers, while ensuring the health and safety of employees and their families.