YES Bank Credit Card Loan

Fast Processing ✓ Great Discounts & Offers ✓ Easy EMI Facility | Apply for Credit Card now!

Loan on YES Bank Credit Card

**Disclaimer: YES Bank Credit Card is not a Bajaj Markets product. Offers would be from partner Banks/NBFCs only.

 

YES Bank offers its select customers the facility to avail a quick loan against their credit card. This loan can be taken against the credit limit set on the YES Bank credit card and can be used in case of emergencies or if the cardholder is short on funds for travel, education, and home renovation, among other things.

How to Apply For YES Bank Credit Card Loan

You can apply for a YES Bank loan on credit card in two ways:

1. Apply Online on the YES Bank website

  • Step 1: Click here to apply for a YES Bank credit card loan via the official website.

  • Step 2: Select ‘Credit Card’ from the service options.

  • Step 3: Choose the option for ‘Credit Card Loan’.

  • Step 4: Enter details such as your credit card number, CVV, credit card PIN, expiry date, etc., and click on ‘Submit’.

2. Call on the 24x7 Customer Care Numbers

You can call on the following YES Bank credit card customer care numbers to apply for YES Bank quick loan on credit card:

YES FIRST Credit Cards

  • 1800 103 6000 - If you are calling from India

  • +91 22 4935 0000 - If you are calling from abroad

YES Prosperity Credit Cards

  • 1800 103 1212 - If you are calling from India

  • +91 22 4935 000 - If you are calling from abroad

Eligibility Criteria & Documents Required for YES Bank Credit Card 

  • Eligibility Criteria

  1. The facility for YES Bank loan on credit card is available only to select cardholders. 

  2. The eligible cardholders are contacted by the bank via mail, SMS, or call.

  3. If the bank calls the customer and gets his/her consent, only then will the YES Bank credit card loan offer be processed.

  4. In case you haven't received any communication from the bank, you can call on the YES Bank credit card customer care number to check your eligibility.

  • Documents Required

Since this facility is pre-approved in most cases, no separate documentation is required to apply for a YES Bank credit card loan. 

Features and Benefits of YES Credit Card Loan

  • Zero Documentation: The YES Bank credit card quick loan facility is pre-approved for select cardholders only. Hence, the eligible cardholders need not submit any added credit card documents to avail the loan.

  • One-Time Processing Fee: YES Bank charges a one-time processing fee, which is upto 2% of the loan amount. No other credit card fees or charges need to be paid.

  • Flexible Tenor: A cardholder can repay the loan within 6-36 months of availing the facility.

  • No Guarantor Required: Unlike most loan applications, the facility for YES Bank loan on credit card doesn't require the applicant to provide a guarantor or the need to submit a post-dated cheque.

  • Attractive Interest Rates: Cardholders can avail a YES bank credit card loan at an attractive rate of 8.99%-17.99%.

Modes of Disbursal of YES Credit Card Loan

Category

Disbursal Mode

For YBL Savings Account Holder

Via account transfer

For Non-YBL Savings Account Holder

Via NEFT

Note: For Non-YBL savings’ account holders, the amount will be transferred only after validating the beneficiary account details. The beneficiary account must be in the name of the credit card holder. The validation process incurs ₹1/- credit. Once the validation is complete, it takes around 3 working days to complete the disbursal process. 

YES Bank Credit Card Loan Interest Calculation 

The repayment of your YES credit card loan is done in EMIs. The monthly EMIs would be decided based on  the loan amount, total tenor, and the applied interest. You can calculate the EMI interest rate and the total repayment amount with the YES Bank credit card loan calculator.

Just enter the amount, inter-est applied, and the total tenor to calculate the total EMI amount on the online calculator. For instance, if you have taken a credit card loan of ₹1 lakh taken at 10% interest rate for a tenor of 12 months, then your monthly EMIs would be ₹8,792.

YES Bank Credit Card Loan Repayment Process

  • The repayment for YES Bank credit card loan must be done via EMI

  • The EMI interest rate can range anywhere between 8.99%-17.99% and would be informed by the bank at the time of making the offer

  • Once the loan is disbursed, EMI recovery would start every month as per the selected repayment tenor

  • GST taxes would be applied as applicable

  • The EMIs would be debited every month from the credit card account

FAQ on YES Bank Credit Card Loan

  • ✔️ Can I take a loan on my YES Credit Card?

    The YES Bank credit card loan facility is available only for select cardholders. You can contact the bank’s customer care to know whether you are eligible for the facility.

  • ✔️ Can I get an interest-free loan on YES credit card?

    No. The YES Bank credit card loan attracts interest ranging from 8.99%-17.99%.

  • ✔️ What is meant by YES credit card loan?

    YES Bank offers Quick Loan facility, wherein a YES Bank credit card holder can avail a loan against her/his credit limit in case of any financial crunch or other emergencies. 

  • ✔️What is Quick Loan on Yes Bank credit card?

    Quick Loan is a facility provided by YES Bank wherein you can avail a loan against your credit card limit. 

  • ✔️Are there any offers on Yes Bank credit card loan?

    Currently, there are no offers on a YES Bank credit card loan. Pre-approved cardholders will receive the notification as and when they are eligible for one.