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

Businesses need funds from time to time to cover their operation expenses and to capitalise on business opportunities. YES BANK offers business loans to cover these planned and unplanned business expenses effectively.

YES BANK Business Loan Interest Rates & Charges

Here are the interest rates and charges associated with the YES BANK Business Loan:

Interest Rate

As per the bank’s norms based on MCLR (Marginal Cost of Funds based Lending Rate)


The existing MCLR fixed by the bank for a tenure of 1 year is 10.50%. 

Processing Fee

Up to 2.75% of the loan amount

Loan Prepayment Charges

Charges for prepayment/foreclosure after 6 months:

  • 7-24 months: 4% of the outstanding amount

  • 25-36 months: 3% of the outstanding amount

  • 37-48 months: 2% of the outstanding amount

  • More than 48 months: Nil

Late Payment of EMI Charges

At the contractual rate for the overdue amount or after a grace period of 30 days

Cheque Bounce Charges

₹750 per incident

Loan Cancellation/ Rebooking Charges

₹1,000 + interest for the period between disbursement and cancellation 

Disclaimer: The interest rates listed above are subject to change as per the financial institution’s policies.

Features and Benefits of the YES BANK Business Loan

Here are the benefits and features of a YES BANK Business Loan:

High Loan Amounts

YES Bank offers business loans of up to ₹60 Lakhs to help address unexpected financial obligations or capitalise on growth opportunities.

Collateral-Free Loans

To avail of a YES Bank business loan, you do not need to provide collateral as security.

Flexible Repayment Options

YES Bank allows you to choose a repayment tenure based on your affordability and preference. 

Quick Disbursal

At YES Bank, loan application processing and disbursal is quick to help you address time-sensitive financial obligations effectively.

YES BANK Business Loan EMI Calculator

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YES BANK Business Loan Eligibility

Here are the eligibility criteria that a business needs to meet to get a YES BANK Business Loan:

  • Age: The borrower’s age must be between 25 and 68 years

  • Business Type: Business must be engaged in the service, manufacturing, or trading sector

  • Eligible Entities: Sole Proprietorships, Partnerships, Private Companies, Limited Liability Partnerships, Self-Employed Professionals, and Closed Held Companies can apply

YES BANK Business Loan Documents

Check out the documents that a business needs to submit to avail of a YES BANK Business Loan:

  • KYC of the loan applicant and the co-applicant

  • Audited financial documents for the last 2 Years with Annexures

  • Bank Statements for the last 6 months

Types of Business Loan Schemes Offered by YES BANK

Here are the various types of business loans that YES BANK offers:

  • Working Capital Finance

This quick and convenient option offers cash credit to meet the financial needs of your business.

  • Term Lending

YES BANK also offers term lending for businesses. These loan options are ideal for business expansion, purchasing equipment, and other assets.

  • Currency Loans

Currency loans by YES BANK offer a timely financing solution for your international business relationships. They offer FCY (Foreign Currency) credit to international entities and other financing solutions.

  •  Corporate Financing

Corporate financial solutions are targeted towards businesses engaged in the industrial sector. It includes infrastructure lending, business restructuring, project financing and advisory.

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How to Apply for a YES BANK Business Loan

Here are the steps you need to follow to apply for a YES BANK Business Loan:

  • Step 1

    Visit the website of YES BANK

  • Step 2

    Select ‘Business Loans’ under the ‘Loans’ category

  • Step 3

    If you are an existing customer, click on ‘Apply Now’

  • Step 4

    If you are a new customer, click on the ‘Request a Callback’ option

  • Step 5

    A bank representative will contact new customers and brief them about the terms and conditions

  • Step 6

    After clicking on ‘Apply Now’, fill in the details to initiate the process

How to Apply for a YES BANK Business Loan

YES BANK Customer Care

You can contact the customer care of YES BANK in the following ways:

  • Call: 1800 1200 (toll free number)

  • Email: yestouch@yesbank.in

DISCLAIMER

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 on the YES BANK Business Loan

What is the maximum business loan amount that YES BANK offers?

YES BANK offers business loans of up to ₹60 Lakhs to help cover various business expenses.

What is the processing fee for a YES BANK Business Loan?

The processing fee for a YES BANK Business Loan is up to 2.75% of the loan amount.

Do I need to provide collateral to avail of a YES BANK Business Loan?

No, you do not have to offer collateral to get a business loan from YES BANK.

Can I transfer my business loan from another bank to YES BANK?

Yes, you can transfer an existing business loan from another lender to YES BANK.

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