YES Bank Personal Loan @ 11.05% * - Apply Online for (Instant Approval)

YES Bank Personal Loan

4.4

Currently not available! for similar products

Processing Fee

1.0%

Max Tenure

12-72 Months.

Best Rate

11.05% P.A.

YES Bank Personal Loans

Yes Bank gives personal loans for loan amounts up to Rs. 40 Lakhs, for durations up to 5 years, and with interest rates of 10.99% per annum onwards. Apply for a Yes Bank Personal loan with CreditMantri and get quick cash.

Highlights of The Yes Bank Personal Loans

Interest Rate	10.99% per annum onwards
Loan Amount	Rs. 1 to Rs. 40 Lakhs
Tenure	1 to 5 years
Minimum Monthly Salary	Rs. 25,000
Processing Fees	2.50% (one-time fee)

Comparison With Other Lenders

Lender	Interest Rates	Processing Fees
Yes Bank	10.99% per annum onwards	2.50% (one-time fee)
ICICI	10.75% onwards	Up to 2.50%
SBI	10.30%-15.10%	Up to 1.50%
Citibank	9.99% p.a. To 16.49% p.a.	0.25% to 3.00%
Axis	10.25% onwards	1.5% to 2%
IndusInd	11.00%	2.5% onwards
HDFC	11.00% onwards	Up to 2.50%
Shriram City	11.49% p.a. To 23% p.a.	2.50%

Benefits

Collateral-free
No end-use restriction
Quick processing
Fixed interest rate
Repayment flexibility
Tax benefits

Eligibility Criteria For Yes Bank Personal Loans

Criteria	Salaried	Self-Employed
CIBILTM Score	700 and above	700 and above
Age	Contact the bank for details	Contact the bank for information
Loan Amount	Rs. 1 Lakh to 40 Lakhs	Rs. 1 Lakh to 40 Lakhs
Interest Rate	10.99% per annum	10.99% per annum
Loan Tenure	1 to 5 years	1 to 5 years
Prepayment Charge	4% of principal outstanding + Service Tax after 12 EMIs	4% of principal outstanding + Service Tax after 12 EMIs

Documents Required For Yes Bank Personal Loans

Application form
Identity proof: Driving license, Aadhaar card, passport, voter ID
Address proof: Aadhaar card, PAN card, driving license, voter’s ID, or any valid id proof with permanent address that is a year old.
Income proof – Bank statement for the past 3 months

Yes Bank Personal Loans Interest Rates and Fees

Interest rate	10.99% per annum onwards
Foreclosure charges	2% to 4% of the outstanding principal amount.
Cheque Bounce Charges	Rs. 750 for each bounced cheque + applicable taxes.
Part prepayment charges	2% of the amount paid towards part payment + applicable taxes
Loan cancellation charges	Rs. 1000 + applicable taxes
Late payment charges	24% per annum on the outstanding amount from the default date.
Stamp duty	It is according to the laws applicable in the state

How To Apply For A Yes Bank Personal Loan?

Online Apply Via CreditMantri

1) After checking the features, pricing, and documents required, click on check eligibility

2) You will be forwarded to the application page. Input the basic details asked for.

3) Click on view eligible offers to check the Yes Bank offers available according to your eligibility.

4) Click Next.

5) An OTP will be sent to your mobile. Enter this OTP for verification.

6) Submit the application.

Features of Yes Bank personal loans

You can avail personal loans starting from Rs.1 lakh up to Rs.40 Lakhs
Get a repayment duration of 12 to 60 months for comfortable monthly EMIs.
Customers can use the personal loan EMI calculator available on the YES bank website to calculate their tentative monthly EMI amount before opting for the tenure on their personal loan.
Yes Bank personal loans are collateral-free loans which help you get the much required finance for emergencies.
You can Get in-principle approval in less than a minute. Customers can check their eligibility using the personal loan eligibility calculator and also get an in-principle loan approval through the YES Bank mPower Bot in just a minute.
Quick approval of your loan within 5 business days of application submission, provided that all the relevant documents have been submitted.
Funds are disbursed within a few hours as soon as the loan has been processed and approved.
YES Bank Personal Loans come with low-interest rates beginning at just 10.99%.
Apply online – YES Bank has a user-friendly website that directs you and allows you to apply for personal loans entirely online. It also requires just some basic documentation. You can complete the application formalities and the documentation process from the convenience of your home.
Doorstep Banking - For convenience and due to the hectic schedules of people, Yes Bank has made arrangements for door-step banking. An authorized bank executive will come to your home and complete all the due processes required.
Net banking and mobile banking services are available to manage your loan account, pay EMIs, and other account-related services.
Loan transfer from other banks – YES Bank provides lower interest rates for personal loans you transfer from other banks. You can also avail top-up amounts while moving your loan.
Part Pre-payment options are available. This is one of the best features of a personal loan. YES Bank enables you to make part pre-payments towards your personal loan account so that you can decrease your interest burden. You can make part pre-payments once you have paid 12 EMIs.

Types of Yes Bank Personal Loans

Yes Bank’s personal loans for holidays: Are you planning to go on your dream vacation and are you facing a financial crunch? If so, Yes Bank personal loans will aid you in transforming your dreams into reality. Yes Bank personal loans for holidays covers most of your expenses including flight tickets, hotel charges,and travel accessories (depending on the size of your loan).
Yes Bank’s personal loans for weddings: Weddings are often a grand affair and cost quite a lot. Many people cannot conduct weddings just with their salaries or savings. In that case, they can go in for wedding loans. Yes Bank personal loans for weddings will help you cover all the costs for marriage including jewelry, makeup, clothing, decoration, wedding halls, and catering.
Yes Bank’s personal loans for home renovation: if you need money for refurbishing or decorating your home, Yes Bank’s personal loans for home renovation will come in handy. They can be customized to fulfill your needs.

Yes Bank Personal Loan Customer Care

For any general queries about a personal loan, customers can contact Yes Bank personal loan customer care. You can ask any doubts regarding the personal loan application, interest rate, EMI computation, loan disbursal etc. You can reach out to Yes Bank customer care through the following ways:

Yes Bank Toll-Free number: 1800 1200
Email: yestouch@yesbank.in
SMS: Send ‘HELP’ space customer to +91 9552220020

Yes Bank Personal Loan Interest Rates

Yes Bank offers personal loans at interest rates starting from 10.99%. You can avail lowest interest rates on Yes Bank personal loans if you are an existing customer of the bank or working with a reputed company.

Yes Bank Personal Loan Eligibility

There are certain eligibility criteria that you have to know before applying for a personal loan. Yes Bank customers can now check their personal loan eligibility instantly with Yes Bank in 60 seconds. After logging in, Yes Bank customers will be required to fill in details such as age, monthly income, recurring monthly expenses, employer, employment history, years in the present job, and the period spent living at current residence (whether rented or owned). Once you enter this and submit, you will know your eligibility.

Yes Bank Personal Loan Status Check

If you have applied for a personal loan with Yes Bank and want to track its status, then Yes Bank offers various tracking options. You can check the Yes Bank personal loan through the application form number, identity details, and mobile number online. Offline, you can track it by calling customer care, sending an SMS, and visiting the branch.

Yes Bank Personal Loan EMI Calculator

Using a personal loan EMI calculator will help you choose the right lender. You have to pay your loan EMIs regularly in order to maintain your credit score. So, before you finalize your loan, know the quantum of your EMIs. Use the Yes Bank Personal Loan EMI calculator on the CreditMantri website to compute your EMIs.

Conclusion

Yes Bank provides personal loans with flexible tenures and affordable interest rates. You can get the loan amounts desired according to your eligibility.

Yes Bank Personal Loan FAQs

1. What is the best rate of interest I can get on my YES Bank personal loan?

The interest rate charged for a personal loan from YES BANK is determined by a number of factors, including age, income, employment status of the customer. However, YES BANK provides some of the most competitive interest rates available in the market, beginning from just 10.99%. Usually, the lowest interest is applicable to salaried individuals.

2. What is the maximum loan amount I can get as a personal loan?

YES Bank offers personal loans starting from Rs.1 lakh up to Rs.40 lakhs.

3. How long do I get to repay the personal loan?

YES Bank personal loans come with tenures ranging from 12 months to 60 months to give you a comfortable repayment.

4. Can I make part payment on my personal loan?

Yes, you can make part pre-payments on your personal loan. However, this can be done only after you pay at least 12 EMIs. There are also some charges levied for part pre-payments. Check with the bank for the relevant charges before you exercise this option.

5. How can I know how much personal loan can be availed?

To help you with this, YES Bank has the YES Bank Loan Eligibility calculator. This is a chatbot that will ask you for some basic information like age, income and location and give you an approximate loan eligibility amount. This will help in your decision making.

6. How long does it take for Yes Bank to disburse a personal loan?

Yes Bank claims to process the loan application within 5 days of applying and disburses the loan amount within a few hours of approval.

7. How can I increase my credit limit in Yes Bank?

Yes Bank customers can contact the bank and request to increase their credit limit on the credit card. Customers can call on 1800 103 1212 and make the request.

8. Can I convert Yes Bank reward points to cash?

YES Rewardz point is equal to 0.25 paisa. The balance of YES Rewardz redeemable points should be a minimum of 250 points to be eligible for redemption. The customer needs to redeem a minimum of 250 points for every redemption.

YES Bank Personal Loan