✓Minimal Documentation ✓Flexible Repayment ✓Collateral Free Loan | Apply for Business Loan Now! Apply Now

The YES Bank business loan caters to the varying needs of businesses at various stages. Whether it’s getting your new venture off the ground or expanding the business line, the loan can help you get the financing you need to accomplish your goals. 

From purchasing commercial assets to upgrading operations, you can avail the YES Bank business loan for a maximum amount of up to ₹50 Lakhs. Furthermore, you do not need to pledge your assets as security as it is an unsecured loan. 

That’s not all, in terms of the business loan interest rate, YES Bank is one of the leading lenders offering competitive rates. To better understand the YES Bank business loan eligibility criteria and its features, read on.

YES Bank Business Loan Interest Rate & Charges

The YES Bank business loan rate of interest varies according to the business requirements and existing MCLR (Marginal Cost of Funds based Lending Rate). MCLR works as the benchmark for the interest rates at which banks offer loans.

Fixing this rate creates transparency among banks and NBFCs when deciding their interest rates. According to the current data, YES Bank’s MCLR varies from 7.60% to 9.05%. These rates are revised by the bank every month, based on which the bank fixes the interest rates for loans.

In addition, following the charges associated with a YES Bank business loan:

Interest rate

Starting from 16% per annum

Processing fee

2% - 3%

Loan prepayment charges

Charges for prepayment/foreclosure after 6 months:

7-24 months – 4% of the outstanding

25-36 months – 3% of the outstanding

37-48 months – 2% of the outstanding

>48 months – Nil

Late payment of EMI charges

24% per annum

Renewal fee

Starting at ₹50, varies as per the debt record

Cheque bounce charges

₹750 per incident

Loan cancellation/ rebooking charges

₹1000 + interest for the period between disbursement date and cancellation date

**Disclaimer The above rates are subject to change at the bank’s discretion.

Regarding the charges, note that you can foreclose or prepay the loan only after paying at least 6 EMI payments. Before availing the YES Bank business loan, assess all these charges properly to get a better idea about your borrowing costs. This can then help you manage the loan hassle-free.

YES Bank Business Loan EMI Calculator

The YES Bank business loan calculator is an online tool that helps determine your monthly payments. Thanks to the digital option, you can calculate your EMIs from anywhere and any number of times.

Simply enter the amount you want to borrow, the prevailing interest rate and the repayment tenure. In just a few clicks, you can get the following details on your screen:

  • Monthly EMI

  • Principal Amount

  • Total Interest

  • Total amount payable

For a better understanding, consider this example. Assume you avail a YES Bank business loan of ₹20 Lakhs at an interest rate of 17.75% for a repayment tenure of 3 years. Here is an estimate of your repayment using the business loan EMI calculator.

  • Principal Amount: ₹20 Lakhs

  • Monthly EMI: ₹72,054

  • Total Interest Payable: ₹5,93,952

  • Total Amount: ₹25,93,952

With this information you can assess your repayment capacity in advance and plan your finances efficiently.

YES Bank Business Loan Documents

For quick loan approval, you must submit all the paperwork required by the lender. Here are a few essential YES Bank business loan documents to submit and ensure a seamless, hassle-free approval.

  • Application form along with recent passport-size photographs

  • PAN Card of self or the company

  • Voter ID card

  • Aadhaar card

  • Driving licence

  • Passport

  • Bank statement of previous 6 months

  • Latest ITR copies with financial statements

  • Trade licence or other continuation proof (sales tax certificate, ITR, establishment certification)

  • Mandatory documents such as Memorandum copy, Partnership Deed copy, Original Board Resolution

Apart from the above YES Bank business loan documents, you may or may not need to submit additional documents. This depends on the type of loan you avail and should be confirmed while applying.

YES Bank Business Loan Eligibility

Meeting the YES Bank business loan eligibility criteria is crucial before availing a loan. Here are a few parameters you need to match, per the bank’s norms.

  • Minimum age requirement is between 21 and 25 years

  • Maximum age limit is between 65-68 years at loan maturity

  • CIBIL score of 750 or above

The following entities can avail the YES Bank business loan:

  • Sole Proprietorships

  • Limited Liability Partnerships

  • Self-employed individuals

  • Private firms

  • Traders

  • Manufacturers

  • Professionals, including doctors, chartered accountants, architects etc.

Features and Benefits of YES Bank Business Loan

Here are a few essential features of the business loan:

  • No need to pledge any collateral

  • Quick loan disbursement of up to ₹50 Lakhs after approval

  • Flexibility in using the loan amount, from purchasing machinery to setting up a new business or even for expansion

  • Convenient repayment tenure ranging between 12 and 60 months

  • Easy access to the business loan for both small and established enterprises

  • Minimal documentation

  • Competitive interest rates 

Types of Business Loan Scheme Offered by YES Bank

YES Bank provides various business loans to cater to the growing requirements of small and medium-sized enterprises. Here are a few of them:

  • YES Samriddhi

Turnover based loan facility for businesses involved in trading, manufacturing and services.

  • Smart Overdraft facility

For SMEs involved in trading and manufacturing services. Available to professionals who do not require a balance sheet.

  • YES Suyog or flexible collateral loans

To offer trading and manufacturing firms financing with flexible collateral.

  • Channel Finance

For corporate dealers involved in forward and backward supply chain linkages.

  • Cash Backed Lending Program

Easy access to non-fund-based credit to MSME and SME firms.

  • YES Bank business loan for Women

Unsecured business loan offered under Yes Livelihood Enhancement Action Program to women to start their venture.

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How to Apply for YES Bank Business Loan

You can apply for a loan online or offline. To initiate the offline process, visit any YES Bank branch and complete the documentation. Follow the steps mentioned below for an online process:

  • Step 1

    Visit the YES Bank official website.

  • Step 2

    Select ‘Business Banking’.

  • Step 3

    Choose the option ‘Loan in Seconds’.

  • Step 4

    Select ‘Business Loan’.

  • Step 5

    Click on the ‘Apply Now’ option.

  • Step 6

    Fill in the required details to initiate the process.

Comparing YES Bank with Other Banks/NBFCS

Given below are the prevailing interest rates for business loans from other banks. Be sure to compare these details before you avail a YES Banks business loan to get the best deals.

Our Partners

Interest Rate Range

Max Loan Amount/ Tenure

Avail Loan

Ambit Finvest 

20% onwards

36 months

Apply Now

AYE Finance

28% onwards

36 months

Apply Now


12% onwards

36 months

Apply Now

IIFL Finance

18% onwards

60 months

Apply Now


20% onwards

48 months

Apply Now


16% onwards

36 months

Apply Now


15% onwards

9 months 

Apply Now

Lendingkart Finance Limited

15% onwards

36 months

Apply Now

Protium Finance Limited

1.25% p.m. onwards

72 months

Apply Now

**Disclaimer: The above rates are subject to change at the bank’s discretion.

Factors that Determine Your Business Loan Interest Rate

When the turnover in a business is good, getting loan approval isn’t difficult. However, various lenders set different criteria to validate the authenticity of your business. Based on the valuation and other factors, banks decide the interest rate for your loan. 

Here are a few factors determining the interest rate for a YES Bank business loan:

  • Business type, whether it is a partnership, sole proprietorship, private or public limited

  • Business profits

  • Business cash flow

  • Maximum business turnover

  • Business track record

  • CIBIL score of the firm

YES Bank Customer Care

For any query regarding loan eligibility or approval, you can get quick resolutions by calling customer care at 1800 1200 (Toll-free number). Alternatively, you can also contact customer care at +91 22 61219000.

While the business loan application process at YES Bank is easy, make sure to compare interest rates across lenders before selecting the lender. Visit Bajaj Markets to know the business loan interest rates from various lenders and for an easy comparison.


The information and suggestions provided by BFDL hereinabove is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort. 

The information including interest rates or fees, loan amount and other charges with regard to any product, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

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FAQs for YES Bank Business Loans

The interest rate depends on numerous factors, even for existing customers. However, having a good credit score and a trustworthy relationship with YES Bank can help you get better deals on interest rates.

Interest rates vary from 11.75% p.a. up to 32% p.a.

The YES Bank unsecured business loan is one of the top reasons to avail it as it makes the process a lot simpler. In fact, this feature can help you avoid costly delays. 

  • Loan against Property

  • Business loans

  • Construction equipment loan

  • Printing equipment and healthcare loan

  • Commercial vehicle loan

  • Supply chain banking

  • Cash-backed lending program

  • Smart overdraft facility

  • YES Spark

  • Scorecard based lending

  • Smart edge

The repayment tenure varies from 1 to 5 years when you avail a business loan from YES Bank.


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