- Evaluates the EMIs, total interest cost and overall borrowing cost instantly.
- The calculations are automated, accurate and fast.
- It is free of cost and available online 24*7.
- Applicants can modify the parameters and check how your EMI changes with the change in interest cost, loan tenure and loan amount.
- Assesses the loan affordability of the applicants and allows them plan their budget efficiently.
YES Bank Personal Loan EMI Calculator
Calculate Your Personal Loan EMI
Select Your Bank
₹
5K1Cr
8%30%
1Y 7Y
Your Monthly EMI Payment
₹0
Principal Amount₹0
Interest Amount₹0
Total Amount₹0
Tip Paying one extra EMI every year saves ₹19.6K in interest and closes the loan 8 months earlier.
Amortisation schedule
Monthly EMI
₹ 16,134
Total interest
₹ 80,809
Total payment
₹ 5,80,809
Principal 86%Interest 14%
Year
Principal
Interest
EMI paid
Balance
Sep
₹12.0K
₹4.2K
₹16.1K
₹4.88L
Oct
₹12.1K
₹4.1K
₹16.1K
₹4.76L
Nov
₹12.2K
₹4.0K
₹16.1K
₹4.64L
Dec
₹12.3K
₹3.9K
₹16.1K
₹4.52L
Tip Paying one extra EMI every year saves ₹5.0K in interest and closes the loan 2 months earlier.
Reducing-balance method. Final EMI may differ slightly due to rounding.
What Does This Mean?
Your EMI explained in simple language.
- Loan amount
- ₹ 5,00,000
- Interest rate
- 10% p.a.
- Tenure
- 3 yr (36 mo)
- Monthly EMI is ₹ 16,134
- Total repayment is ₹5.81 lakh
- Interest contributes 13.9% of total repayment
- Your EMI is well-balanced between principal and interest. Ensure the monthly payment stays within 55% of your net income.
- Extending tenure may reduce your EMI but increase the total interest paid
Monthly EMI
₹ 16,134
Total Interest
₹ 80,809
Total Repayment
₹ 5,80,809
Interest Share
13.9%
YES Bank Personal Loan EMI Calculator - Highlights
Comparison of YES Bank Personal Loan EMI with Top Banks
| Lenders | Interest rate (% p.a.) | Loan Amount – Rs. 5 lakh Tenure – 5 years | Loan Amount – Rs. 1 lakh Tenure – 5 years |
|---|---|---|---|
| YES Bank | 13.00 - 16.00 | 11,377 - 12,159 | 2,275 - 2,432 |
| HDFC Bank | 9.99 - 12.50 | 10,621- 11,249 | 2,124 - 2,250 |
| Tata Capital | 11.50 onwards | 10,996 onwards | 2,199 onwards |
| ICICI Bank | 11.00 - 13.00 | 10,871-11,377 | 2,174-2,275 |
| Bank of Baroda | 10.40-18.10 | 10,722-12,724 | 2,144-2,545 |
| Axis Bank | 9.99 - 17.15 | 10,621 - 12,467 | 2,124 - 2,493 |
| Kotak Mahindra Bank | 10.5 - 17.20 | 10,747-12,480 | 2,149 - 2,496 |
| Bank of India | 11.10-16.15 | 10,896-12,199 | 2,179-2,440 |
| Canara Bank | 9.95-15.40 | 10,611-12,000 | 2,122-2,400 |
Factors Affecting YES Bank Personal Loan EMI
The EMI of YES Bank Personal Loan depends on three major factors:
Interest Rate
YES Bank personal loan interest rate starts from 13% p.a. onwards. A higher interest rate usually increases the EMI and the overall interest cost and vice-versa. Therefore, prospective borrowers should compare the personal loan interest rates offered by various lenders and opt for lower interest rates to save on EMIs and interest cost.
Loan Amount
The loan amount borrowed is directly proportional to the EMI and interest cost. The higher the loan amount, the higher the EMI and interest cost provided the loan tenure and interest rate is constant.
Loan Tenure
EMIs are lower for longer repayment tenures and vice-versa. Therefore, individuals should opt for repayment tenures wisely after assessing their repayment capacity using the EMI calculators.
YES Bank Personal Loan Amortisation Schedule
Suppose you borrow a loan of Rs. 12 lakh @ 13% p.a. for a tenure of 5 years, then the following will be your amortization schedule for 1 year. For the remaining period, the principal component will continue to increase at the same pace, while the interest portion will gradually decrease.
| Month | EMI (₹) | Principal Paid (₹) | Interest Paid (₹) | Outstanding Balance (₹) |
|---|---|---|---|---|
| 1 | 27,152 | 17,652 | 9,500 | 11,82,348 |
| 2 | 27,152 | 17,890 | 9,262 | 11,64,458 |
| 3 | 27,152 | 18,129 | 9,023 | 11,46,329 |
| 4 | 27,152 | 18,370 | 8,782 | 11,27,959 |
| 5 | 27,152 | 18,612 | 8,540 | 11,09,347 |
| 6 | 27,152 | 18,855 | 8,297 | 10,90,492 |
| 7 | 27,152 | 19,098 | 8,054 | 10,71,394 |
| 8 | 27,152 | 19,343 | 7,809 | 10,52,051 |
| 9 | 27,152 | 19,589 | 7,563 | 10,32,462 |
| 10 | 27,152 | 19,836 | 7,316 | 10,12,626 |
| 11 | 27,152 | 20,084 | 7,068 | 9,92,542 |
| 12 | 27,152 | 20,333 | 6,819 | 9,72,209 |
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Benefits of YES Bank Personal Loan EMI Calculator
The personal loan EMI calculator provided by YES Bank has the following benefits:
What Happens if you Miss Your YES Bank Personal Loan EMIs
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FAQs
How does a YES Bank personal loan EMI calculator work
YES Bank personal loan EMI calculator evaluates the EMI, interest cost and the overall credit cost payable throughout the loan tenure. All you need to do is enter the loan amount, interest rate and loan tenure in the EMI calculator and get results instantly.
Does loan tenure affect the personal loan EMIs?
Yes loan tenure affects the personal loan EMIs. The longer the tenure, lower is the EMI and vice-versa. However, longer tenures results in high interest cost.
What would be the EMI of Rs. 10 lakh personal loan availed from YES Bank @ 13% p.a. for tenure of 5 years?
The EMI of Rs. 10 lakh personal loan availed from YES Bank @ 13% p.a. For tenure of 5 years would be Rs. 22,753.
What would be the interest cost of Rs. 5 lakh personal loan availed from YES Bank @ 13% p.a. for tenure of 5 years?
The interest cost of Rs. 5 lakh personal loan availed from YES Bank @ 13% p.a. for tenure of 5 years would be Rs. 1,82,592.
How can I reduce my personal loan EMIs?
You can reduce your personal loan EMIs by opting for a longer tenure. Additionally, you can opt for lenders offering lower interest rate to reduce your EMI burden.
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