Personal loans offered by Yes Bank can be used for covering any type of financial expense including paying medical bills, getting married, going on a vacation, renovating your home, etc. A personal loan of upto Rs. 20 lakh can be availed by the individuals meeting the eligibility criteria of Yes Bank. Also, Yes Bank Personal Loan can easily be repaid within flexible tenure ranging from 12 to 60 months.
Yes Bank Personal Loan Eligibility Criteria
- You should either be a salaried professional or a self- employed individual
- You should be at least 21 years old and your maximum age should be 60 years
- You must have stayed at the current place of residence, own or rented, for at least past 1 year
- You must be working with the current employer for a minimum of 6 months
- Your minimum monthly income should be Rs. 18,000 or above
Yes Bank Personal Loan- Eligibility Calculator
If you are unsure about your eligibility regarding Yes Bank Personal Loan, you can visit Paisabazaar’s Personal Loan Eligibility Calculator, which is an online tool and lets you know your eligibility just after completing a few steps. All you need to do is to fill some mandatory information.
How to Improve Your Yes Bank Personal Loan Eligibility?
- Keep a check on your credit score: A credit score that tells a lot about your financial behavior and past repayments plays an important role in boosting your personal loan eligibility. Therefore, higher the credit score, more eligible you would be for a personal loan
- Go for a longer tenure: If you choose a longer tenure, the lender tends to believe that you have the ability to repay the loan in the long run and hence selecting a longer tenure might boosts your eligibility
- Pay your credit card bills on time: Paying the credit card bills and EMIs on time is one habit that everyone should follow as being disciplined with the repayments increases your eligibility
Frequently Asked Questions
How do I get a personal loan from Yes Bank?
You can check your Yes Bank Personal Loan eligibility and then apply for it at Paisabazaar.com.
What is the interest rate of Yes Bank Personal Loan?
The interest rate of Yes Bank Personal Loan starts from 10.75%.
What is the processing fee of Yes Bank Personal Loan?
The processing fee of Yes Bank Personal Loan is up to 2.50% of the loan amount subject to a minimum of Rs. 999 plus GST.
How do I get in touch with Yes Bank customer care?
You can call the bank on 1800 1200 (Toll Free Number).