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FEATURES & BENEFITS

Yes Bank Personal Loans

Available for salaried individuals

Loan amount from 1,00,000 to 50,00,000

Tenure options: 12 to 60 months

Best-in-class interest rates

Transfer higher-rate loans to Yes Bank via Balance Transfer

Simplified documentation

Quick approval with minimal paperwork

ELIGIBILITY CRITERIA

  • Yes Bank Personal Loan Interest Rate, Eligibility EMI Calculator Online
  • Yes Bank Personal Loan Minimum age of applicant: 21 years
  • Maximum age of applicant at loan maturity: 60 years
  • Minimum Net Monthly Income: Rs 20,000
  • Maximum loan available: Rs 50 lacs

INTERESTRATE CHARGES

Rate of Interest Yes Bank Personal loan Interest Rate depends on salary, company, and loan amount. Please fill the details to get the Rate of Interest online.
Loan Processing Charges Depends on salary, company, and loan amount. Please fill the details to get the Processing Charges online + GST applicable.
Cheque Bounce Charges Rs. 500 per cheque bounce + GST applicable
 
Prepayment/ Forclosure Charges Nil (Any loan amount)
Default Interest Rate Max rate of interest (APR) 24%
 
Issuance Charges for Photocopy of Loan Agreement/ Documents Rs 250 per instance + GST applicable

* (Subject to change as per Bank's discretion from time to time)

* Loan approval is sole decision of the bank

* GST as applicable will be levied

* Refer for more details on charges:

EXAMPLE

Personal loan amount Rs 2000000

Rate of Interest 10.99
Loan Processing Charges Rs 999
GST 18% on processing charges = 180
Tenure 60 Month
EMI Rs 43475
Total amount Payable Processing fee (999) + GST(180) + Interest for 60 Month (608500) + Principal(2000000) = Rs 2609679