Yes Bank Personal Loan Key Features
|Age||21-60 (at loan maturity)|
|CIBIL Score||Minimum 750 or above|
|Yes Bank Interest Rate||9.99% per annum|
|Lowest EMI per lakh||Rs. 2174|
|Tenure||12 to 60 months|
|Yes Bank Personal Loan Processing Fee||1% to 2% of Loan Amount|
|Prepayment Charges||0% – 4%|
|Minimum Loan Amount||₹1 lakh|
|Maximum Loan Amount||₹40 Lakh|
Each Feature Explained in Detail Below
Advantages of Yes Bank Personal Loan
Yes Bank Personal Loan Eligibility Criteria
Eligibility criteria for a personal loan:
|CIBIL Score Criteria||750 and Above|
|Age Criteria||21-60 years|
|Min Income Criteria||Rs 25000/month|
Yes Bank Personal Loan Interest Rates and Charges
The interest rate, fees, and other charges for Personal Loan are:
|Yes Bank Personal Loan Interest Rate||9.99% per annum|
|Yes Bank Personal Loan Processing Charges||1% to 2% of Loan Amount + GST|
|Prepayment Charges||Up to 4% + GST (Allowed after 12 EMIs)|
|Stamp Duty||As per state laws|
Yes Bank Personal Loan Documents Required
The following documents are required for Yes Bank Personal Loan:
|Proof of Identity||Copy of:
> Driving License
> Aadhar Card
> Voter ID Card
|Proof of Address||Rent Agreement (Min. 1 year of stay)
Passport (Proof of permanent residence)
|Proof of Income||> ITR: Last two Assessment years
> Salary Slip: Last 6 months
> Bank Statement: Last 3 months
Yes Bank Personal Loan EMI Calculator
Yes Bank Personal Loan Compared to Other Banks
|Bank||Interest Rate||Tenure||Loan Amount & Proc Fee|
|Yes Bank||9.99%||12 to 60 months||Up to Rs. 40 lakh / 1% to 2% of Loan Amount|
|HDFC Bank||11.25% to 21.50%||12 to 60 months||Up to Rs. 40 lakh / Up to 2.50% of the loan amount|
|Bajaj Finserv||Starting from 12.99%||12 to 60 months||Up to Rs. 25 lakh / Up to 3.99% of the loan amount|
|Axis Bank||15.75% to 24%||12 to 60 months||Rs. 50,000 to Rs. 15 lakh / Up to 2% of the loan amount|
|Citibank||Starting from 10.99%||12 to 60 months||Up to Rs. 30 lakh / Up to 3% of the loan amount|
|ICICI Bank||11.50% to 19.25%||12 to 60 months||Upto Rs. 20 lakh / Up to 2.25% of the loan amount|
Other Loan Products from Yes Bank
|Yes Bank Gold Loan||Yes Bank Car Loan||Yes Bank Home Loan||Yes Bank Business Loan|
|Yes Bank TWL||Yes Bank LAP||Yes Bank Credit Card||Yes Bank Education Loan|
Why should you apply for Yes Bank Personal Loan with Dialabank?
Dialabank is a team of professionals that will help you find the right financial product according to your personal needs. We provide a wide range of products and have served many happy customers. With Dialabank, you get trust and convenience at your fingertips.
How to Calculate EMIs for Yes Bank Personal Loan
Use the EMI calculator given below to find your monthly EMIs
Processing Time of Personal Loan by Yes Bank
Usual processing time for a personal loan application can be up to a week before approval. With Yes Bank, you can get your loan approved within 72 hours, if you are a customer of the Bank.
Yes Bank Personal Loan Preclosure charges
Prepayment of personal loan with Yes Bank is allowed after 12 months, and you will be charged with a prepayment fee of up to 4% of your outstanding loan amount.
Pre Calculated EMI for Personal Loan
Different Personal Loan offers by Yes Bank
Personal Loan for Wedding
Weddings are special occasions and Yes Bank makes it even more special by providing you with quick disbursing loans to meet all the expenses of your dream wedding.
Personal Loan for Government Employees
Government employees get extra benefits and reduced interest rates for their personal loans. If you are defense personnel, you will be levied off of processing fees.
Yes Bank Doctor Loan
Medical professionals and doctors working for at least 4 years receive extra benefits and an extended period to repay their loan. They can use a personal loan for both their personal and professional needs.
Personal Loan for Pensioners
Yes Bank provides offers and schemes specially tailored to the needs of pensioners and elderly citizens to help them fulfill their post-retirement financial needs.
Personal Loan Balance Transfer
If the existing personal loan has a high-interest rate and heavy EMIs, you can apply for a personal loan balance transfer with Yes Bank and avail low-interest personal loans.
Personal Loan Top Up
If you feel the need for extra money, instead of applying for a fresh loan, you can get a loan top-up on your existing personal loan from Yes Bank. This facility can help you meet your growing financial needs.
Personal Loan Status
You can check the status of your personal loan by visiting the nearest Yes Bank branch or through the online portal using your loan ID.
How to apply for Yes Bank Personal Loan
Follow the following steps to apply for Personal Loan in Yes Bank
- Visit Dialabank.
- Fill in the form your details
- You will receive a call from our relationship manager.
- Share your documents and get instant approval.
FAQs About Yes Bank Personal Loan
✅ How to apply for Yes Bank Personal Loan?
You can apply for Yes Bank Loan through the official website of Yes Bank
Or, Dialabank is also providing you with this facility with less paperwork and more ease.
✅ What is the Interest Rate for Yes Bank Personal Loan?
Interest Rate for Personal Loan in Yes bank is 9.99% per Annum. This rate varies with time.
✅ What is the minimum age for getting a Personal Loan from Yes Bank?
Your minimum age to apply for a Personal Loan is 21 years.
✅ What is the maximum age for getting a Personal Loan from Yes Bank?
The maximum age you need for applying for a Personal Loan is 60 years.
✅ What is the minimum loan amount for Yes Bank Personal Loan?
The minimum loan amount for Yes Bank is Rs. 1 lakh
✅ What is the maximum loan amount for Yes Bank Personal Loan?
The maximum loan amount for Personal Loan is Rs. 40 lakh.
✅ What are the documents required for Yes Bank Personal Loan?
You need to show Proof of Identity, Proof of income, and address proof to apply for Personal Loan.
✅ What is the Processing Fee for Yes Bank Personal Loan?
The processing fee for Yes Bank loan is 1% to 2% of the Loan Amount.
✅ How to get Yes Bank Personal Loan for Self Employed?
You must have a good and rigid source of income and your credit history should be good to avoid rejection.
✅ What is the Maximum Loan Tenure for Yes Bank Personal Loan?
Maximum Loan tenure for Personal Loan is 60 months
✅ What should be the CIBIL Score for Yes Bank Personal Loan?
A good CIBIL Score less chance of Rejection. For Personal Loan, you must have a 750 or above CIBIL Score.
✅ Do I have a preapproved offer for Yes Bank Personal Loan?
Information about the preapproved offer for Personal Loan can be extracted from the branch by calling the customer care or visiting the branch.
For your ease, Dialabank will provide you with every detail in one call
✅ How to calculate EMI for Yes Bank Personal Loan?
You can calculate your EMI at any EMI calculator just you have to put the loan amount, Interest rate, and Tenure of loan.
✅ How to pay Yes Bank Personal Loan EMI?
Net Banking facility will be provided to you
Or, the amount will automatically get deducted from your account.
✅ How to close Yes Bank Personal Loan?
If your funds are ready then you can apply for Preclosure or after all the EMI’s are paid your loan will get closed.
✅ How to check Yes Bank Personal Loan Status?
To know the status of Personal Loan you need to call the bank or check on the official website i.e provided by the bank.
✅ How to close Yes Bank Personal Loan Online?
Dialabank is the best option for applying for Personal Loan with less paperwork and ease or visit the official site of the bank apply for the loan
✅ How to pay Yes Bank Personal Loan EMI Online?
Through Netbanking you can pay EMI for Personal Loan.
✅ How to check Personal Loan Balance in Yes Bank?
You can call the bank customer care or a timely message will be sent on your registered no.
✅ How to download Yes Bank Personal Loan Statement?
From the official website of the Yes Bank, you can download the statement.
✅ How to Top Up Personal Loan in Yes Bank?
You can Top up the Personal Loan in Yes Bank by filling the simple form or by visiting the nearest branch.
Or contacting Dialabank may bring ease in the process.
✅ What happens if I don’t pay my Yes Bank Personal Loan EMIs?
You may face action against you and also your CIBIL score will get affected. So regular is like safety for the future.
✅ How to find Yes Bank Personal Loan account number?
After your application gets approved you will be provided with your account number for Personal Loan.