YES

What you'll love

• Yes Bank enables the customers to choose their loan tenure.
• Yes Bank continues to be a top choice of customers as it provides several features and benefits on a personal loan.
• 
   

Fees & Charges

• At Yes Bank, customers can avail personal loan anywhere from Rs. 1 Lakh to Rs. 40 Lakh at attractive interest rates for tenure ranging from 12 to 60 months. This extended tenure period enables you to repay your loan amount as and when you wish in order to reduce pressure on your monthly budget. Pre-closure charges: Pre-closure of Yes Bank personal loan is Allowed with Nil charges
• Part-payment charges: Not allowed for a personal loan
• Minimal Prepaid fees: Yes Bank Personal Loans are subject to fixed prepaid fees.
• Hassle-free loan processing: You can apply on the Web site, through Net Banking, an ATM, or visit your nearest branch to apply for a Yes Bank personal loan. The application process is quick and paperwork is minimal.
• Instant disbursement: You will get a pre-approved Personal Loan in ten seconds* if you are a Yes Bank customer. Some will receive one in 4 hours*.

Eligibility Criteria

• Yes Bank Personal loans are accessible for both, self-employed individuals and salaried working professionals. 
• Self and paying customers are entitled to a personal loan of up to 40 lakh and are entitled to make use of the money to meet 

Documents

The paperwork needed for personal loans and the processing time are much less than for most other loans. With the following documents, you can secure a loan: ID information, address information, and income proof. You cannot even need to send documentation if you are pre-approved for a Personal Loan.

Perks

●        1-minute in-principle approval: Customers can take the eligibility test for YES BANK personal loan in 60 seconds or less by using the personal loan eligibility calculator here. Alternatively, customers can also use YES BANK mPower Bot for 1-minute in-principle loan approval.

●        Quick disbursal of loan funds: After your YES BANK personal loan has been successfully processed and sanctioned, your funds will be disbursed in matter of hours, thereby ensuring the funds are available at moment’s notice for any emergencies such as medical payments.

●        Lucrative interest rates: Starting at merely 10.99%, YES BANK offers one of the best interest rates available in the industry.

Features of Yes Bank Personal Loan

• Online application and instant approval: You can easily apply for personal loans by Yes Bank through online channels to receive instant approvals in less than 1 minute.
• Quick Disbursal: The loan figure will be disbursed to your bank account in less than 24 hours following the approval of your application.
• Minimal Prepaid fees: Yes Bank Personal Loans are subject to fixed prepaid fees.
• No collateral required: Collateral is not needed for availing the loan.
• Flexible repayment options: YES BANK enables the customers to choose their loan tenure. Customers can calculate the equated monthly instalment (EMI) that is to be paid by them across various loan tenure to determine a repayment schedule that would suit them the best. Personal loan EMI calculator helps you to quickly determine the EMI payable by you across various tenures and choose a repayment schedule that suits you the best.

Yes Bank Personal Loan Details

●        Transfer existing Loan: Customers are provided with an option to transfer their high-cost personal loan from other banks or institutions at lower interest rates. Furthermore, they have the option of acquiring additional Top-up funding to add on to the loan during the same tenure.

●        Doorstep banking: To enhance your convenience in banking with YES BANK, we also provide doorstep banking services. If you apply for a personal loan with YES BANK, a representative from the bank will visit your place for completion of the application form as well as the documentation process for personal Loan.

Fees and Charges

• At Yes Bank, customers can avail personal loan anywhere from Rs. 1 Lakh to Rs. 40 Lakh at attractive interest rates for tenure ranging from 12 to 60 months.
•  This extended tenure period enables you to repay your loan amount as and when you wish in order to reduce pressure on your monthly budget. 
• Pre-closure charges: Pre-closure of Yes Bank personal loan is Allowed with Nil charges
• Part-payment charges: Not allowed for a personal loan

Eligibility Criteria

• High Loan amount: Self and paying customers are entitled to a personal loan of up to 40 lakh and are entitled to make use of the money to meet 
• Minimal Prepaid fees: Yes Bank Personal Loans are subject to fixed prepaid fees.
• Hassle-free loan processing: You can apply on the Web site, through Net Banking, an ATM, or visit your nearest branch to apply for a Yes Bank personal loan. The application process is quick and paperwork is minimal.

Documents Required

Yes Bank Personal Loan FAQ

      How can I repay my loan?

You can repay your loan amount in Equated Monthly Instalments (EMIs). The loan repayments can be done via post-dated cheques, ECS, or via a standing instruction to debit the repayment amount from your Yes Bank account.

      When can I take a Yes Bank top up loan?

You can take a top up loan from Yes Bank when you opt for a balance transfer with Yes Bank.

      Can business owners take personal loans from Yes Bank?

Yes, Yes Bank offers personal loans to salaried individuals and Self-Employed. Applicants are required to be employed with a private, public sector, or government body at the time of taking the loan and also Business registration proof.

      What is the repayment tenure for personal loans issued by Yes Bank?

If you take a personal loan from Yes Bank, you will need to repay the due amount within 1 year to 5 years (12 to 60 months).

      How to check Yes Bank personal loan status?

You can check the status of your Yes Bank personal loan application by visiting the website of Yes Bank. 

      How to contact Yes Bank personal loan customer care?

Listed below numbers can be contacted for Yes Bank personal loan customer care executives 

You can call our customer care between 9 a.m. and 5 p.m. on all days including Sundays and bank holidays.