YES BANK 5 Lakh Personal Loan

• 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

• 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

• 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’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.