Yes Bank is the fourth largest private sector bank in India and is the only Greenfield bank license awarded by the RBI in the last 10 years. Founded in 2004 by Rana Kapoor and Ashok Kapoor, the bank has received several national and international honours for their various businesses.
One of the popular product that has helped the bank grow is Yes Bank personal loan. With interest rates starting 10.75%, you can get easy approval on loan amount up to ₹25 lacs. Be it for purchasing consumer durables or for medical emergencies, a Yes bank personal loan can be the answer to all your money problems.
Following are some of the reasons for you to choose Yes bank personal loan:
The rate of interest for personal loan from Yes Bank starts from 10.75%. However, factors such as your credit score, credit history, your relationship with the bank, and the bank’s internal policies are also considered.
22 to 60 years (at the time of loan maturity)
Up to 2.50% of the loan amount subject to a minimum of Rs. 999/- plus taxes
Prepayment allowed only after 12 months.
Foreclosure of Loan is allowed post repayment of 12 EMI’s
Competitive Interest Rates
Yes Bank offers attractive interest rates starting from 10.75% to its applicants. However, the interest rate offered depends on the applicant’s credit history too.
Flexible repayment options
The applicant can choose the tenure of his/her loan. As per the Equated Monthly Instalments(EMIs), the individual can manage their funds accordingly.
Balance Transfer Available
With Yes bank personal loan, you can get your high-interest personal loan transferred at lower interest rates. Moreover, you can additionally avail for more during the process.
You can also opt to part pay or prepay your personal loan at very nominal charges.
No Security, No Guarantor
You are not required to provide any security or guarantor when taking a Yes bank personal loan.
Get easy approval on personal loan from Yes bank with minimum documentation. The application process is simple and hassle-free.
Take advantage of the efficient customer support that provides 100% transparency throughout the lending procedure.
Once the application is processed, the funds will get disbursed within a few days.
An applicant must fulfill the following eligibility criteria to get easy approval on a personal loan from Yes Bank.
Monthly Net Salary should be at least ₹25,000/- in hand (Net Salary)
Age – 22 to 60 years (at the time of loan maturity)
Nature of Employment- Salaried
Total work experience must be at least of 2 years with a minimum of 6 months at the current place of work.
Minimum of 2 years at current residence if it is rented. Owned/parental owned requires no condition.
Proof of Identity & Age
(Aadhaar Card/Passport/Voter ID/Driving License)
Proof of Address
(Aadhaar Card/Passport/Telephone or Electricity bill/Ration card/ Rental Agreement)
(Salary slips of last three months with Form 16)
(IT returns for the last two years)
(Bank statement of salary account for the last 6 months)
The collaboration of Yes bank with IndiaLends can help customers get the best loan offers as per their requirements. With a simple online application process and easy personal loan eligibility check, personal loan is now available with ease. Moreover, you can calculate your Equated Monthly Instalments (EMIs) with our EMI calculator.
After filling the online application, you can get easy and fast approval subject to your profile.
With few documents and verification check, the loan process becomes simple and easy.
We never need any room for delay. Which is why we try our best to get funds transferred to your bank account as soon as possible.
IndiaLends provides a dedicated customer support team that is proactive in resolving queries and helping in any grievances.
With IndiaLends, you can track your application after submission. You will also get on-time updates about your loan status via both, email and SMS.
Fill our easy & simple online application.
We will review your application and
get back to you shortly.
Get money in your bank account in no time.
We will forward your loan application to your nearest Yes Bank branch. You can also check the loan application status via IndiaLends App/web using "Track My Application."