YES Bank personal loan is a quick and the most convenient way to fulfill your dream of going to your favorite holiday destination, planning a destination wedding, purchasing an expensive gadget or a household item or renovating your house. The loan comes with flexible end use and amount varies from Rs 1 lakh to Rs. 20 lakh, which can be repaid within tenure ranging from 12 to 60 months.
Yes Bank Personal Loan - Features and Benefits
- Loan amount: The personal loan amount of Yes Bank starts from Rs. 1 lakh and goes upto Rs. 20 lakh
- Flexible tenure: With the help of a personal loan EMI calculator, quickly determine your loan EMI and choose the loan tenure that suits you best. The tenure varies from 12 to 60 months
- Quick disbursal: Once your personal loan gets approved, your funds get disbursed within a few hours
- Minimal documentation: To apply for YES Bank personal loan, you only need to submit basic documentation, thus speeding up your loan approval process
- Transfer existing loan: You can transfer your high cost personal loan to Yes Bank at lowest interest rates. Also, you can avail top- up funding to get more funds during the same tenure
Yes Bank Personal Loan - Interest Rate
|Interest Rate||10.75% onwards|
|Loan Tenure||12-60 Months|
|Loan Processing Charges||Up to 2.50% of the loan amount subject to a minimum of Rs. 999/- plus GST|
|Pre-Payment Charges||Prepayment is applicable post repayment of 12 EMIs. 2% plus GST on part prepayment amount paid.|
|Duplicate No Due Certificate/No Objection Certificate (NOC)||Rs. 250 per event|
|Late Payment Charges||24% per annum on amount outstanding from date of Default|
Yes Bank Personal Loan for Holiday
Yes Bank personal loan for holiday is apt to finance your dream vacation. It covers most of the vacation expenses such as flight tickets and hotel charges. Depending upon the amount of your holiday loan, it can also cover travel accessories, among other things.
Yes Bank Personal Loan for Wedding
Yes Bank personal loan for wedding ensures that your wedding costs are well covered. It is flexible enough to incorporate your various wedding expenses pertaining jewelry, clothing, decoration, catering, accommodation for guests, etc.
Yes Bank Personal Loan for Home Renovation
Yes Bank personal loan for home renovation can help you create your dream home with no financial constraints. Yes Bank provides you the best of plans that are custom-made to meet your home renovation requirements.
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 - Documents Required
- Application Form
- Identity Proof:Passport, Driving License, Aadhaar Card, Voter ID
- Address Proof:A valid form of ID proof with the permanent address (should be at least a year old)
- Income Proof:Bank statement from the last three months
Yes Bank Personal Loan - EMI Calculator
Paisabazaar’s Personal Loan EMI Calculator calculates EMI for Yes Bank Personal Loan on the basis of inputs given by you. The EMI Calculator asks for the following details:
- Loan Amount
- Loan Tenure
- Interest Rate
Once you enter the required details, the EMI calculator will show you the results instantly.
Compare Yes Bank Personal Loan VS Other Lenders
|Particulars||Yes Bank||HDFC Bank||Citi Bank||Axis Bank||ICICI Bank||Bajaj Finserv|
|Interest Rate||Starting from 10.75%||11.25% to 21.50%||Starting from 10.99%||11.49% to 17.49%||11.50% to 19.25%||Starting from 12.99%|
|Tenure||12 to 60 months||12 to 60 months||12 to 60 months||12 to 60 months||12 to 60 months||12 to 60 months|
|Loan amount||Upto Rs. 40 lakh||Upto Rs. 40 lakh||Upto Rs. 30 lakh||Rs. 50,000 to Rs. 15 lakh||Upto Rs. 20 lakh||Upto Rs. 25 lakh|
|Processing Fee||Up to 2.50% of the loan amount plus GST||Upto 2.50% of the loan amount||Upto 3% of the loan amount||2% of loan amount plus GST||Upto 2.25% of loan amount plus GST||Up to 3.99% of the loan amount|
|Apply Now||Apply Now||Apply Now||Apply Now||Apply Now||Apply Now|
Yes Bank Personal Loan - Top Up
When you transfer your existing personal loan from any bank or NBFC to Yes Bank for lower interest rate, you also get the option of opting for a top- up loan. This way, you get to avail some extra funds during the same tenure.
Is the option of part payment available at Yes Bank?
Yes, part payment of loan is allowed only after paying the 12TH EMI along with the applicable charges
Is it possible to prepay the Yes Bank personal loan?
Yes, you can prepay the personal loan with Yes Bank only after paying the 12th EMI.
What documents should I carry if I wish to avail personal loan from Yes Bank branch?
You need to carry the KYC and income documents. If required, the bank will ask you to bring more documents.
Where can I locate the nearest branch of Yes Bank?
How long will it take for my personal loan to get processed?
Yes Bank will confirm the approval within 5 working days from the date of receipt of application.