Yes Bank Personal Loan

With affordable interest rates, Yes Bank offers personal loans. Additionally, Yes Bank provides paperless digital loan processing along with online, quick personal loan. Yes Bank with interest rates starting at 10.99% onwards. A maximum loan from Rs 1lacs to 40 lacs with a maximum 1 to 5 year repayment period is available to you.

Interest Rate 10.99% onwards
Maximum Loan Rs 1lacs to 40 lacs
Processing Fees 2%
Maximum Loan Tenure 1 to 5 year

Loan Disbursal in 3 hrs*
100% Online Process

A Four-Step Guide to Efficient Financing

Complete Your Basic Details
Check Your Soft Eligibilty
Complete Your Details
Get Disbursal in account

Yes Bank Personal Loan EMI Calculator



% Interest



Total Payable

Documents Required for Yes Bank Personal Loan 

Here are the list of Yes Bank Personal Loan documents required:

  • An application for a loan that has been completed and has all the required information, including income, employment information, and personal data.

  • Identical copies of the applicant's PAN and Aadhaar cards.

  • Copies of documents proving income, such as pay stubs from the previous three months, bank statements from the preceding three months, and a Form 16 copy.

  • Copies of residence documentation attested by the applicant, such as utility bills, phone bills, or rental agreements.

  • Recent passport-size photos in two copies.

For loan amounts up to Rs 40 lakh and for terms up to 5 years, YES Bank Personal Loan is available at 10.99% p.a. and higher. The loan application will be processed by YES Bank Loan within five days after submission, and the funds will be disbursed shortly after the application has been approved. It enables balance transfers of current personal loans to YES Bank at reduced interest rates from other banks/NBFCs. Additionally, it permits partial prepayment of its personal loan after 12 EMIs.

Feature and Benefits of Yes Bank Personal Loan 

The following alluring advantages are abundant in the Yes Bank Personal Loan: You must become familiar with the features and advantages of the product before submitting an application for a Yes Bank Personal Loan apply .

1. Unsecured Loan: No collateral, loan security, or guarantor is necessary to apply for a YES Bank Personal Loan. It is being offered as a 100 percent unsecured loan.

2. Flexible Repayment: No predetermined EMI schedule must be adhered to. A borrower can utilize an online calculator to select the repayment plan based on their ability to make payments. As a matter of policy, Yes Bank offers personal loans with variable terms; you can select a loan term up to five years.

3. Approval in 60 seconds:  Instant in-principle approval for qualified applicants, according to YES Bank, is claimed to be possible. Simply complete out the online form, and your application will be quickly accepted as successful if you meet the eligibility requirements.

4. Eligibility: Yes Bank offers personal loans up to Rs. 40 lakhs to salaried or self-employed individuals with a solid monthly income of at least Rs. 25,000. At loan maturity, the applicant must be at least 21 years old and no older than 60 years. KYC, address, and income verification are the only types of documentation that are required.

5. Speedy Loan Disbursal: The processing of loans is as quick as it can be. Loan distribution will be handled within a few hours after your application is accepted and you provide the necessary paperwork.

6. Competitive Interest Rates: If you choose YES Bank as your lender, you may anticipate competitive YES Bank Personal Loans interest rate starting at 10.99% p.a.

Process of applying Yes Bank Personal Loan 

Given that you can access the bank through your phone, you don't need to leave your house to do so. Applying for a Yes Bank instant loan online is a viable option if you don't want to go to the bank branch. It is not only time-saving, but also quite simple, to apply for a personal loan from Yes Bank online. 

Applying online for a personal loan from Yes Bank involves the following steps:

    • Visit the official website .

    • Firstly , login with your name and number .

    • Then fulfill your employment type.

    • Verify OTP.

    • Upload all the documents and submit .

    • Last , you will get a call from the Fincrif team and help you to proceed next.

Frequently Asked Questions ( FAQ ) 

  1. Where can I find the application for a personal loan from Yes Bank?

ANS.  You might think about picking up an application form by going to one of the YES BANK branches. Additionally, you can download and print the application from the YES BANK official website by going there.

  1. Can I get the online statement for my Yes Bank personal loan?

ANS. Customers can contact the bank to request the most recent statement of accounts, although doing so will incur fees of Rs. 750 each statement.

  1. How long does the YES BANK personal loan processing process take?

ANS. The loan is typically handled within 5 working days from the date of submission of the documents once all the paperwork has been delivered to the bank in accordance with their policies.

Eligibility Criteria for Yes Bank Personal Loan 

You must fulfill the requirements listed below in order to be Yes Bank Personal Loan eligibility : 

  • Anyone earning a salary from a private or public limited firm who has at least five years of MCA Vintage experience may apply for the personal loan.

  • The age range for applicants is 22 to 60.

  • The minimum net monthly wage should be INR 15,000, INR 30,000, or INR 35,000 (depending on the locality and the customer's profile).

  • Added monthly costs, including any EMIs currently outstanding:– 55%–75% (FOIR)

  • 2 years' worth of work experience overall, at least six of which must be at the current organization.

Fees and Charges of Yes Bank Personal Loan 

Foreclosure Charges-Full prepayment chargesAllowed post repayment of 12 EMIs Charges after 12 months: 13-24 months- 4% of principal outstanding 25-36 months- 3% of principal outstanding 37-48 months- 2% of principal outstanding >48 months- NIL
Pre Part payment Charges2% + taxes
Pre Part payment allowedAllowed post repayment of 12 EMIs 13-24 months- 20% of principal outstanding 25-36 months- 20% of principal outstanding 37-48 months- 25% of principal outstanding >48 months- 25% of principal outstanding
Pre Part-Payment or foreclosure is not allowed upto payment of12 EMIs
Duplicate No Due Certificate/No Objection CertificateRs 250 per statement
Duplicate statement of account chargesRS 750 per statement
Penal Interest24% p.a.
Stamp Duty and other Statutory ChargesAs applicable
Cheque/SI/ECS/NACH swapping chargesRs 750
Cheque/SI/ECS Dishonour ChargesRs 750
Loan cancellation and rebooking chargesRs 1,000 + tax
Statement of account chargesRs 750
Legal/Incidental/Collection ChargesAt actuals
Duplicate Repayment ScheduleRs 750
NeSL fee per loan/debt record of borrower per yearRs 25
NeSL Annual Renewal Fee per loan/debt record of a borrowerNIL

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