Yes Bank offers personal loans up to Rs. 40 lakh at an interest rate starting from 10.99% p.a. You can use the loan amount to fulfill various personal expenses, such as those related to wedding, holiday, debt consolidation or even a medical treatment. Read this article to know how you can check the status of your personal loan application and the details of an active Yes Bank personal loan after disbursal.
How to Track Yes Bank Personal Loan Application Status?
You can track the status of your personal loan application submitted to Yes Bank in the following ways:
- Call on the toll-free customer care number, 1800-1200. Alternatively, you can call on the chargeable number, (+91)22-6121-9000.
- Send an email to email@example.com
- SMS “HELP” space <Customer ID> to (+91)9552220020
- Visit the nearest branch of Yes Bank.
How do I Register my Yes Bank Personal Loan Account Online?
You can register on the Yes Bank NetBanking portal with the help of your customer ID and debit/ credit card details. Following is the step-by-step guide for the same:
Step 1: Visit the Yes Bank NetBanking portal
Step 2: Enter your Customer ID and debit card details.
Step 3: Create a password as per the instructions provided and check the box to accept Terms and Conditions.
Step 4: Finally, click “Register Online” to complete the registration process. Once you are registered, you can easily log into your internet banking account and access the various online services offered by Yes Bank.
Details Required to Check Personal Loan Status
You need the following details to check your personal loan application status on the Yes Bank website:
- Loan Application/ Reference Number,
- Your registered email address, and
- Your registered mobile number.
How do I Check Yes Bank Personal Loan Status after Disbursal?
Yes Bank offers both online and offline methods that allow you to check your Yes Bank personal loan status after disbursal:
You can login into the Yes Bank NetBanking portal to check your personal loan account details.
Step 1: Go to the Yes Bank Online portal.
Step 2: Enter your login credentials, captcha code and click “Login”. Once logged in, you can check various active loan details such as principal outstanding, EMI due details, overdue amount details and more.
Alternatively, you can send an email to firstname.lastname@example.org to know the details of your ongoing personal loan with the bank. Do remember to mention your loan account number in the email.
You can contact Yes Bank customer care or visit the nearest branch to know the details of your active loan with the bank.
Frequently Asked Questions (FAQs)
Q1. What are the minimum and maximum amounts offered as personal loan by Yes Bank?
Ans. The minimum and maximum amounts offered as personal loan by Yes Bank are Rs. 1 lakh and Rs. 40 lakh, respectively.
Q2. How to get Yes Bank personal loan account statement?
Ans. You can get the personal loan account statement via logging to your NetBanking account or visiting the nearest branch of Yes Bank.
Q3. What is the interest rate on Yes Bank personal loan?
Ans. The interest rate on Yes Bank personal loan starts from 10.99% per annum. However personal loan interest rates offered to specific applicants depend on various factors specific to the individual applying for the loan.
Q4. Can I check the status of my personal loan application with the help of my name?
Ans. No, you cannot check the status of your loan application with the help of your name. You need to provide the personal loan application number along with your registered email ID/ mobile number to track the status.
Q5. What is the maximum repayment tenure allowed for Yes Bank personal loan?
Ans. Yes Bank allows a maximum of 5 years to repay a personal loan.
Q6. How much does Yes Bank charge as processing fee on personal loan?
Ans. Yes Bank charges up to 2.5% of the loan amount as processing fee on personal loan.
Q7. Who can get a personal loan from Yes Bank?
Ans. Both salaried and self-employed individuals can apply for a personal loan at Yes Bank.
Q8. Does Yes Bank allow personal loan prepayment?
Ans. Yes, you can prepay your Yes Bank personal loan after payment of 12 EMIs. However, you will have to pay the following foreclosure charges.
- 4% of the outstanding principal, if foreclosed between 13-24 months.
- 3% of the outstanding principal, if foreclosed between 25-36 months.
- 2% of the outstanding principal, if foreclosed between 37-48 months.
- Nil, if foreclosed after 48 months.
Q9. How can I calculate EMIs for my personal loan taken from Yes Bank?
Ans. You can use Paisabazaar Personal Loan EMI Calculator to know the EMIs for your personal loan taken from Yes Bank.
Q10. What services can I avail through the Yes Bank NetBanking portal?
Ans. You can avail the following services by logging to the Yes Bank NetBanking portal:
- Set up standing instructions to pay the loan EMIs.
- View your personal loan account details and statement on real time basis.
- View the applicable schedule of charges and contact details of your relationship manager.
- Register for e-statements.