Yes Bank Personal Loan – Check Eligibility, Interest Rate & Documentation

Instant Approval
Minimal Documentation
Flexible Tenure Options

Apply online for a Yes Bank personal loan and access quick funds with minimal paperwork. Compare eligibility, interest rates, and documents in one place. Ideal for home renovation, medical needs, education, weddings, travel, or debt consolidation. Enjoy fast approval, flexible tenure, and a smooth 100% digital process designed for convenience.

Interest Rate
Starting at 10.99% onwards
Loan Amount
₹ 40 lakhs
Processing Fees
2%
Loan Tenure
1 to 5 years
Check the offer

Get a Personal Loan upto ₹25 Lakh in 30 Minutes*

100% digital and secure process, 45% lower EMIs starting at ₹1104/Lakh, Pay interest only on what you use with flexi loan.

Instant e-KYC No collateral Flexible tenure Trusted partner
Approval in 2 minutes & Disbursal in 30 Mins*
Disclaimer: Fincrif India Pvt Ltd is not associated with Yes Bank for personal loans. Information here is for general guidance only. For official details, contact Yes Bank directly.
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Rs. 250+ crore

Monthly Personal Loans Disbursal

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What is a Yes Bank personal loan?


A Yes Bank personal loan is an unsecured, collateral-free loan for diverse needs—home renovation, medical emergencies, travel, debt consolidation, and other personal expenses. With competitive interest rates, minimal documentation, and a seamless digital journey, a Yes Bank personal loan offers fast access to funds without guarantors.

Features of Yes Bank Personal Loan

  1. Loan Amount: Avail ₹1 lakh to ₹40 lakhs under a Yes Bank personal loan.
  2. Interest Rates: Competitive rates starting at 10.99% p.a.
  3. Loan Tenure: Flexible repayment from 1 to 5 years.
  4. Processing Fees: Up to 2.50% of the loan amount.
  5. Quick Disbursal: Disbursal typically within hours post approval and document submission.
  6. No Collateral Required: 100% unsecured Yes Bank personal loan; no guarantor needed.
  7. Part Prepayment Facility: Available after 12 EMIs, with applicable charges.
  8. Foreclosure Facility: Permitted post 12 EMIs with charges based on repayment period.

Eligibility Criteria

  1. Age: 21 to 60 years at loan maturity.
  2. Income: Minimum net monthly income of ₹25,000.
  3. Employment: Salaried or self-employed with stable income.
  4. Work Experience: At least 2 years total, with 6 months in the current organization.

Documents Required

  1. Identity Proof: PAN Card and Aadhaar Card.
  2. Income Proof: Last 3 months’ salary slips, last 3 months’ bank statements, and Form 16.
  3. Address Proof: Utility bills/telephone bills/rental agreement.
  4. Photographs: Two recent passport-size photographs.

Fees and Charges

  1. Foreclosure Charges:
    1. 13–24 months: 4% of principal outstanding
    2. 25–36 months: 3% of principal outstanding
    3. 37–48 months: 2% of principal outstanding
    4. 48 months: NIL
  2. Part Prepayment Charges: 2% plus applicable taxes (allowed after 12 EMIs).
  3. EMI Bounce Charges: ₹600 – ₹1,200 per bounce.
  4. Cheque/SI/ECS Dishonor Charges: ₹750 per instance.
  5. Duplicate Statement of Account: ₹750 per statement.
  6. Loan Cancellation & Rebooking: ₹1,000 plus taxes.
  7. Processing Fee: Up to 2.50% of the Yes Bank personal loan amount.

Key Benefits of Yes Bank Personal Loan

  1. Unsecured Loan: No collateral or guarantor is required for a Yes Bank personal loan.
  2. Flexible Repayment: Use the online EMI calculator to tailor your EMI plan.
  3. Instant Approval: In-principle approval within ~60 seconds if eligible.
  4. Competitive Rates: Starting from 10.99% p.a. for cost-effective borrowing.
  5. Speedy Disbursal: Funds typically disbursed within hours after approval.

Application Process

  1. Online Application: Visit the FinCrif website and complete the personal loan form.
  2. Document Submission: Upload required documents for verification.
  3. Approval: Receive instant in-principle approval if you meet Yes Bank personal loan eligibility.
  4. Disbursal: Quick disbursal post successful verification.

Frequently Asked Questions (FAQs)

  1. What are the minimum and maximum loan amounts?
    1. You can avail a Yes Bank personal loan from ₹1 lakh to ₹40 lakhs.
  2. How can I apply for a Yes Bank personal loan?
    1. Apply online via the official FinCrif website or visit a Yes Bank branch.
  3. Is prepayment or foreclosure allowed?
    1. Yes, part prepayment and foreclosure are allowed after 12 EMIs with applicable charges.
  4. What is the processing fee?
    1. Processing fee is up to 2.50% of the loan amount.
  5. How long does disbursal take?
    1. Disbursal typically occurs within a few hours of approval and document submission.

EMI Calculator

Calculate Your EMI Instantly

A Multi-Purpose Loan EMI Calculator helps you estimate your monthly repayment amount before applying for a loan. Whether it’s for education, travel, wedding, home renovation, or business needs—know your EMI and plan smarter.

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