- 1-min Approval: Get your Rs. 1 lakh personal loan approved in a minute
- No Collateral: Access funds without the need for collateral
- Flexible Repayments: Enjoy a flexible repayment option
- Convenient Online Application: Experience an easy and hassle-free application with a complete digital process
YES BANK Rs. 1 Lakh Personal Loan
Get a YES BANK Rs. 1 Lakh personal loan with interest starting from 10.85% p.a. The personal loan comes with instant approval, flexible repayment tenure and easy application. Apply for YES BANK Rs. 1 lakh loan through Paisabazaar and enjoy multiple benefits.
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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee₹ 6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto ₹25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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End-to-End Digital Process
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
Apply Now
Features of YES BANK Rs. 1 Lakh Personal Loan
YES BANK Rs. 1 Lakh Personal Loan Interest Rate
Yes Bank offers a Rs. 1 lakh personal loan at an interest rate starting from 10.85% p.a. onwards. The lenders will offer the final rate of interest on your personal loan based on your credit profile, credit history, and loan tenure. The following factors can help you get a lower interest rate:
Fees and Charges of YES BANK Rs. 1 Lakh Personal Loan
| Particulars | Charges |
|---|---|
| Processing Fee | Upto 2.50% of loan amount |
| Part Pre-payment Charges | 3% plus applicable taxes on part payment amount paid.
Part payment of loan is allowed post repayment of 12 EMIs. Before 12 months it is not permitted. • Part payment should only be allowed once in a financial year and twice during the loan tenure. • Amount received as part payment will be adjusted against the principal outstanding. • No. of EMIs will be reduced, EMI Amount will remain same for remaining tenure. 13-24 Months of EMI repayment – 20% of POS 25-36 Months of EMI repayment – 20% of POS 37-48 Months of EMI repayment – 25% of POS >48 Months of EMI repayment – 25% of POS |
| Foreclosure Charges | Foreclosure of Loan is allowed post repayment of 12 EMI’s.
Charges applicable after 12 months are as under 13-24 Months of EMI repayment – 4% of POS 25-36 Months of EMI repayment – 3% of POS 37-48 Months of EMI repayment – 2% of POS >48 Months of EMI repayment – NIL |
| Late Payment Fees/Penal Charges | At *contractual Rate for overdue amount/period after 30 days grace period |
| Cheque Bounce/Return Charges | Rs. 750/- per presentation |
| Stamp Duty & other Statutory Charges | At actuals as per state laws applicable from time to time.
Additionally, we shall levy Rs.125/- (inclusive of GST) as service charges for every stamp paper/e-stamp Paper. |
| Note: GST and other government charges, taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges | |
Who is Eligible for YES BANK Rs. 1 Lakh Personal Loan:
To be eligible for YES BANK’s Rs. 1 lakh loan, an applicant must fulfill the following criteria:
Documents Required:
Keeping the documents needed for a YES BANK Rs. 1 lakh personal loan will help with an easy and fast application:
EMI Calculation of YES BANK Rs. 1 lakh Personal Loan:
| Loan Amount | Interest Rate | Tenure | EMI |
|---|---|---|---|
| Rs. 1,00,000 | 10.85% p.a. | 1 year | Rs. 8,831 |
| Rs. 1,00,000 | 10.85% p.a. | 2 years | Rs. 4,654 |
| Rs. 1,00,000 | 10.85% p.a. | 3 years | Rs. 3,267 |
| Rs. 1,00,000 | 10.85% p.a. | 4 years | Rs. 2,577 |
| Rs. 1,00,000 | 10.85% p.a. | 5 years | Rs. 2,167 |
| Rs. 1,00,000 | 10.85% p.a. | 6 years | Rs. 1,896 |
| Rs. 1,00,000 | 10.85% p.a. | 7 years | Rs. 1.704 |
Use an online personal loan emi calculator from Paisabazaar to plan better.
Reasons for Personal Loan Rejection:
How Can I Apply for a Personal Loan Online?
Get up to ₹40 Lakh in 5 Simple Steps
Step 1: Enter your mobile number in the application form
Step 2: Provide your personal details
Step 3: Enter OTP to verify your mobile number
Step 4: Select the loan purpose and loan amount
Step 5: Compare offers and apply for the best-suited loan
Apply Now
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FAQs
What is the interest rate on a YES BANK Rs. 1 lakh personal loan?
YES BANK personal loan interest rates start from 10.85% p.a., depending on your eligibility, credit profile, and income.
Who can apply for a Rs. 1 lakh personal loan from YES BANK?
Both salaried and self-employed individuals meeting the bank’s age, income, and credit score requirements can apply.
What is the repayment tenure available for the YES BANK Rs. 1 Lakh Personal Loan?
You can choose a flexible repayment tenure ranging from 12 to 60 months
What is the processing fee for a YES BANK Rs. 1 Lakh Personal Loan?
YES BANK charges a processing fee up to 2.50% of the loan amount (plus applicable taxes).
How long does it take to get a YES BANK Rs. 1 Lakh Personal Loan amount disbursed?
With instant approval and digital processing, disbursal can happen within a few hours to a couple of days.
Is collateral or security required for the YES BANK Rs. 1 Lakh Personal Loan?
No, this is an unsecured personal loan, so no collateral or guarantor is required.
How can I apply for a YES BANK Personal loan?
You can apply online via the YES BANK website or app, or through Paisabazaar. Pre-approved customers get faster processing.
Personal Loan Articles
View All ArticlesPaisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
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