YES BANK Personal Loan: Introduction

YES BANK is one of the leading private sector banks in India. Since its inception in the year 2004, the bank has been consistently serving customers through both online and offline channels. 

 

In addition to providing banking services, YES BANK is also involved in providing credit facilities in the form of loans as well. The YES BANK personal loan is one such credit facility that’s offered by the institution. 


With the YES BANK online personal loan, you can meet all your urgent cash needs without any restrictions whatsoever. Be it for funding your child’s education or meeting your vacation expenses, the YES BANK personal loan can help you achieve all of that and more. To apply for one, now on Bajaj MARKETS.

Features and Benefits of YES BANK Personal Loan

  • Flexible Loans

    With YES BANK, you can avail personal loans ranging from Rs. 1 lakh to Rs. 50 Lakhs. Thanks to such flexibility, meeting your needs and requirements are now easier than ever.

  • Customizable Repayment Options

    The YES BANK online personal loan also allows you to choose the tenure according to your repayment capacity. You can choose to opt for a tenure ranging from 12 months to 72 months.

  • Lightning-Fast Approvals

    You don’t have to wait for days for an approval anymore. With the YES BANK personal loan, you can get approvals within minutes! The turnaround time of disbursal is best in class.

  • No Collateral Needed

    The YES BANK online personal loan is unsecured. This effectively means that you don’t have to pledge any of your assets to secure the loan.

  • Attractive Interest Rates

    The interest rates on YES BANK personal loans are some of the lowest in the industry. In fact, the personal loan interest rates start from as low as 10.70%.

  • Easy Application Process

    At Bajaj MARKETS, you can apply for a YES BANK personal loan within just a few minutes with minimal documentation.

Why Choose Bajaj MARKETS for Personal Loans

Fast Online Processing

The Personal Loan application process is carried out online. You get an instant approval on your loan.

Minimal Paperwork Involved

You can get the loan with minimal documentation.

Transparency

Rest assured that you will be charged with absolutely no hidden charges.

Custom-made Loans

Get the best Personal Loan offers that meet your requirements, here. No need to look elsewhere!

Trusted Companion

Customers across India have chosen Bajaj MARKETS as their trusted financial partner for Personal Loan. It's your turn now!

How to Apply for YES BANK Personal Loan

Applying for a YES BANK online personal loan is extremely easy and takes very little time to complete. Here’s how you can do it.

  • Filling Details Online

    Enter your personal and professional details.

  • Select your Lending Partner

    From the list of Personal Loan partners, select YES BANK.

  • Specify Personal Loan Details

    Select the loan amount and repayment tenure as per your choice.

  • Approval & Disbursal

    Get an instant approval on the loan and funds in just a few hours.

YES BANK Personal Loan: Eligibility & Documents

Eligibility Criteria
  • The age of the applicant must be between 22 and 60 years.
  • The applicant must be a salaried individual working in Public /Private/Limited/Govt. companies.
  • The applicant must earn a minimum net monthly salary of Rs. 20,000, if residing in a Tier 1 City and Rs. 15,000, if living in Tier 2 or Tier 3 city.
Documents Required
  • Application Form
  • KYC Documents – Aadhaar Card, PAN Card, Voter ID etc.
  • Salary slips of last 2 months
  • Bank Statement of last 3 months

Types of YES BANK Personal Loan

At YES BANK, you can avail a personal loan for a variety of reasons. Let’s take a quick look at the different types of YES BANK online personal loans that are available. 

YES BANK Personal Loan for Holidays

Have you been wanting to go on a vacation or a holiday for a long time, but haven’t had the funds to go through with the plan? If that’s the case, then apply for a YES BANK personal loan right now. The loan can help cover a wide range of expenses that you’re likely to incur during your holiday such as hotel and transportation costs.

YES BANK Personal Loan for Weddings

A wedding is without a doubt one of the most important days in a person’s life. Therefore, shouldn’t you ensure that you don’t fall short of funds during the big day? But then, how do you make sure of that? With a YES BANK personal loan of course!

YES BANK Personal Loan for Renovations

If you’ve been living in the same house for years on end, then it is probably time for some renovations. With a YES BANK online personal loan available on Bajaj MARKETS, you can get your home renovated in no time.

YES BANK Personal Loan Interest Rate & Charges

As you probably already know by now, the interest rates and charges on a YES BANK personal loan is quite nominal. Here’s an overview of the rates and charges that you’re likely to encounter.   

Particulars

YES BANK Personal Loan

Interest rate

Starts from 10.70%

Processing fees

Starting from FLAT Rs. 1499/-  to 2.50% of loan amount.

Part-payment charges

Part payment is allowed post the repayment of 12 EMIs.

  • 13 – 24 months - 20% of Principal Outstanding

  • 25 – 36 Months - 20% of Principal Outstanding

  • 37 – 48 Months - 25% of Principal Outstanding

  • 49 – 60 Months - 25% of Principal Outstanding

2% plus applicable taxes are also charged on the part payment amount paid.

Charges for foreclosure of loan

Foreclosure is allowed post the repayment of 12 EMIs.

  • 13 – 24 months - 4% of Principal Outstanding

  • 25 – 36 months - 3% of Principal Outstanding

  • 37 – 48 months - 2% of Principal Outstanding

  • >48 Months – Nil

Frequently Asked Questions on YES BANK Personal Loan

  • ✔️How to check YES BANK Personal Loan status?

    To check your YES BANK personal loan status, all that you would need to do is call the customer care helpline of YES BANK. Alternatively, you could also send an email to yestouch@yesbank.in to enquire about the loan status.

  • ✔️What is the loan amount that I can avail?

    Depending on your eligibility, you can avail anywhere from Rs. 1 Lakh to Rs. 50 Lakhs as personal loan from YES BANK.

  • ✔️Can I check my YES BANK personal loan statement online?

    Yes, you can. All that you need to do is log into the YES BANK netbanking portal using the user ID and password given to you.

  • ✔️How can I receive my Repayment Schedule?

    The repayment schedule for the YES BANK personal loan that you’ve availed will be sent to you via email. Alternatively, you can also check it out by logging into the YES BANK netbanking portal using the user credentials given to you.

  • ✔️How is the applicable interest rate decided?

    The YES BANK personal loan interest rate that’s applicable to you is decided based on the following factors. 

    • Your age

    • Your income

    • Your employment status