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YES BANK 5 Lakh Personal Loan

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Wide Choice

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Quick Disbursal

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SmartMatch

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Digital Process

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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
Axis Bank
Low Processing fee
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max. Loan Amt.Upto ₹25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%

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Compare & Choose the Best Offer

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Pre-approved Offers with Instant Disbursals

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Know Your Chances of Approval

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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

YES BANK Rs. 5 Lakh Personal Loan Interest Rate

The present interest rate levied by YES BANK on personal loans begins at 10.85% p.a. To get the best interest rate on your personal loan, maintain a healthy credit score and history, keep your debt-to-income ratio low and show a stable income.

Fees and Charges of Yes Bank Rs. 5 Lakh Personal Loan

Apart from the interest rate, personal loans also come with various fees and charges. Listed below are a few pertinent fees and charges.

  • Processing fee: Up to 2.50% of the loan amount
  • Part Pre-payment Charges: Allowed only after 12 months of repayment.
    • 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
  • Cheque Bounce/Return Charges: 750 per instance
  • Stamp Duty: As per actuals

YES BANK Rs. 5 Lakh Loan: Eligibility Criteria

Criteria Requirement
Employment Salaried employee in a private or public enterprise
Age Between 21 and 60 years
Income Min. Rs 25,000 stable monthly income
Credit Profile Excellent credit history and high credit score preferred

Check Personal Loan Eligibility Online on Paisabazaar.

YES BANK Rs. 5 Lakh Personal Loan: Documents Required

When applying for a YES BANK Rs. 5 lakh personal loan, the following documents will be needed:

Document Type Details Required
Proof of Identity Government-issued photo ID such as Aadhaar, passport, or driver’s license
Proof of Address Recent utility bills, rental agreement, etc.
Income Proof Last 3 months’ salary slips and bank statements showing financial stability
Photographs A few recent passport-sized photos

Also Read: Documents Needed for Personal Loan

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EMI Calculation of YES BANK Rs. 5 lakh Personal Loan

To give you a fair idea about the loan EMI payable on a YES BANK Rs. 5 lakh loan, we have provided a detailed table below:

Loan Amount Interest Rate Tenure EMI
Rs. 5,00,000 10.85% p.a. 1 year Rs. 44,156
Rs. 5,00,000 10.85% p.a. 2 years Rs. 23,269
Rs. 5,00,000 10.85% p.a. 3 years Rs. 16,334
Rs. 5,00,000 10.85% p.a. 4 years Rs. 12,886
Rs. 5,00,000 10.85% p.a. 5 years Rs.10,834

To calculate personal loan EMI for other loan amounts, you can visit Paisabazaar and try the free Personal Loan EMI Calculator online.

Swipe to see more table data

Benefits of Yes Bank Rs. 5 Lakh Personal Loan

  • 1 Minute Approval: Secure approval for your personal loan of Rs. 5 lakh within a minute.
  • No Security Required: Avail funds without having to provide collateral.l
  • Adaptable Repayment Terms: Benefit from repayment options that can extend up to 6 years.
  • User-Friendly Online Application: Take advantage of a fully digital application process that is simple and free of complications.

Also Read:  Factors To Consider While Selecting a Personal Loan Lender

Loan Dos and Don’ts

Dos:
  • Maintain a good credit score to get the best interest rate.
  • Repay EMIs on time to avoid penalties and protect your credit history.
  • Keep track of your loan tenure and consider part-prepayments to save interest.
Don’ts:
  • Don’t take a loan beyond your repayment capacity.
  • Don’t miss EMIs; it can attract late fees and affect your credit score.
  • Don’t ignore processing fees, prepayment charges, or other hidden costs.

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

Explore Our Yes Bank Lenders

HDFC BANKHDFC BANKAxis BankAxis BankKotak Mahindra BankKotak Mahindra BankICICI BankICICI BankFederal BankFederal BankIDFC First BankIDFC First BankIndusind BankIndusind BankRBL BankRBL BankTata CapitalTata Capital
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FAQs

The interest rate for YES BANK Rs. 5 Lakh personal loan starts from 10.85% p.a. Borrowers with excellent credit score and stable income may get the best rates.

Salaried individuals aged between 21-60 years with a minimum income of ₹25,000 and a good credit profile are eligible for a YES BANK Rs. 5 Lakh personal loan.

You need proof of identity, proof of address, income proof (last 3 months salary slips and bank statements), and passport-sized photographs for YES BANK Rs. 5 Lakh personal loan application.

Yes, YES BANK offers an unsecured Rs. 5 Lakh personal loan, which means no collateral is required.

You can apply online via YES BANK website or through Paisabazaar for fast processing of your Rs. 5 Lakh personal loan.

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What our customers say

Loan from Paisabazaar was actually paperless

I always used to think that the paperless loan is a myth. But on Paisabazaar, I applied for the pre approved loan from IDFC Bank and all documentation was already done. I just filled the form, did kyc and my loan was approved and disbuursed one the same day.

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Tanmay BorkatakiDec 12, 2025

Best place for a small loan

I have take loan of 60-70000 three times from paisabazaar in 4 years and every time it has been a very good experience. They provide the loan without failure and have also helped me improve my cibil.

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Aridaman Singh ParhichaDec 11, 2025

My loan got approved immediately

I wanted a loan and I was able to get it approved through Paisabazaar. It was instantaneous and I got the amount in my account in 2 days only.

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Priyam Sarkar MajumdarDec 10, 2025

I get loan from here

I get loan from Paisabazaar here and it is very quickly given to me.

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Bilal ZaidiDec 9, 2025

Excellant EMI calculator and expert assistance available

The EMI calculator helped me choose the right repayment plan. Clear guidance at every step made the loan process really easy.

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Mohit YadavDec 3, 2025

Fully Digital Process for Real.

Loved the real-time loan status updates.Everything was handled online — didn’t have to visit any branch.

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Gautam BakshiDec 3, 2025

Lower Rate than My Own Bank

Got a lower interest rate than my bank was offering.Smooth digital verification and quick disbursal.

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Pre-approved offers with quick approval

I liked how Paisabazaar showed pre-approved offers without affecting my credit score. Customer support was prompt and helped me close the loan quickly.

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Suraj VermaDec 3, 2025

Same day approval. wow.

The loan was approved the same day — super smooth and transparent process.

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Shiv KumarDec 3, 2025

Best Loan Terms on My Credit Score in the Market

Paisabazaar helped me get a loan even with a borderline credit score. Really impressed with how smooth everything was.

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