Yes Bank is one of the largest private sector banks in India. Apart from this, Yes Bank is also the only bank to get a Greenfield Bank License in the last 20 years. Yes Bank is also one of the fastest growing banks in India with more than 1,000 branches across the country. Founded in the year 2004 by Rana Kapoor and Ashok Kapoor, the bank has received several national and international accolades for its various businesses. Yes Bank Personal Loan is one of the popular products that has helped the bank grow. With interest rates starting at 10.75%, you can easily get a loan of up to Rs.25 lakh.
Be it buying consumer durables or medical emergencies, Yes Bank Personal Loan is the leader in solving your problems. How to get loan from Yes Bank? Along with giving this related information, here you are being given complete information about the documents, eligibility and interest rate for loan from Yes Bank.
Yes Bank Loan Types
Apart from its customers, Yes Bank offers various types of quick loans at the convenience of the citizens of the country, which are as follows –
Loan Against Securities
What is Yes Bank Personal Loan? (Yes Bank Personal Loan)
You can avail Yes Bank Personal Loan for various financial expenses like payment of medical bills, wedding expenses, holiday expenses, home renovation etc. If you meet the eligibility criteria set by the bank, you can easily get a loan of up to Rs.20 lakh. Moreover, yes bank personal loan repayment is easy as the bank gives you a period of 12 to 60 months to repay the loan amount.
Yes Bank Maximum Rs. 40 lakhs. Rs. Offers personal loans up to It is available to both salaried and self-employed persons. Before approving and disbursing the personal loan application, Yes Bank verifies the applicant’s age, monthly income, outstanding liabilities, employment status, work experience and years of residence at the current specified residence. It also checks the credit history of a person before granting a personal loan.
Yes Bank Personal Loan Types
Yes Bank is known for its high quality and customer centric banking solutions. Over the years of services provided by the bank to its customers, the bank has created several custom-made personal loan solutions for their needs. The main three categories of which are as follows –
for the holiday
Personal loans for holidays are specially designed to make your holiday dreams come true. A loan for your dreams helps you cover all your travel related expenses and stay at your desired destination. This loan also helps you cover the cost of travel accessories required for your trip.
A wedding day marks the beginning of a new phase in a person’s life, so the bank values it as one of the most important days. Personal loans for weddings can take care of all the requirements related to jewellery, decorations, dresses and more.
For home renovation
If you want to repair or renovate your home and don’t have enough funds, this loan from Yes Bank can make your dream come true. These custom-made loans are designed to meet your demands with the best plans and interest rates.
Yes Bank Personal Loan Fee
The charges applicable on Yes Bank Personal Loan are as follows –
Foreclosure Charges – Foreclosure of personal loan is allowed only after paying the first 12 EMIs. Thereafter, foreclosure charges of 2% to 4% of the outstanding principal amount are levied.
Partial Prepayment Charge – 2% of the amount paid for partial payment + applicable tax (Partial payment is allowed only after payment of first 12 EMIs)
Loan Cancellation Fee – Rs. 1,000 + applicable taxes.
Late Payment Charges – 24% p.a. on outstanding balance from the date of default.
Stamp Duty – As per the law in force in the State.
Check bounce charges – For each bounced check Rs. 750 + applicable tax.
How to Apply Yes Bank Personal Loan Online
To take a personal loan from Yes Bank, first of all you have to go to its official website.
Now home page will open in front of you, here you have to click on personal loan option.
Now a new page will open in front of you, here you have to enter your name, mobile number and mail id and click on Apply Now after reading complete details related to personal loan.
Now a new page will open in front of you, here after filling your name and requested information you have to click on Click to Apply.
Now you will get a call from the bank, in which the complete information will be confirmed from you and the further process for the loan will be told.
Yes Bank Toll Free Number
Phone Number (for India)
+91 22-6121-9000 (charges apply)
E-mail address: firstname.lastname@example.org
SMS: Send ‘HELP’ space to +91 9552220020