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YES BANK 5 Lakh Personal Loan

4.5/5

15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
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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 Fee6,500
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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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

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.

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

Apply Now

Avail Personal Loan for
All Your Needs

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Avail Personal Loan for
All Your Needs

FAQs

What is the interest rate for YES BANK Rs. 5 Lakh Personal Loan?

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.

Who is eligible for a YES BANK Rs. 5 Lakh Personal Loan?

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.

What documents are required for 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.

Can I get a YES BANK Rs. 5 Lakh Personal Loan without collateral?

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

How can I apply for a YES BANK Rs. 5 Lakh Personal Loan?

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

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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Anubhuti Agrawal profile
Written ByLinkedIn icon
Anubhuti Agrawal
Shamik Ghosh profile
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Shamik Ghosh

Paisabazaar 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%.

Address: Paisabazaar Marketing & Consulting Pvt. Ltd. 135 P, Sector 44, Gurugram (HR) 122001

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