Learn about eligibility requirements, income criteria, credit score expectations, and tools that help you assess your YES BANK Personal Loan eligibility.
Last updated on: January 20, 2026
YES BANK Personal Loans, available on Bajaj Markets, helps you meet planned or urgent expenses without pledging any security. Checking the eligibility conditions first helps you understand whether you qualify before moving ahead with the application.
YES BANK Personal Loan eligibility depends on factors such as age, income, employment details, and credit history. Reviewing these requirements early can help you avoid rejections and plan your loan responsibly.
The YES BANK Personal Loan eligibility criteria include employment type, applicant age, income level, and credit profile. These factors are used to evaluate repayment capacity and credit risk.
To meet the eligibility criteria for personal loan from YES BANK, you generally need to fulfil the following:
You should be between 21 and 60 years at the time of application
You must be a salaried employee with a public or private sector organisation
At least ₹20,000 if you live in a Tier-1 city
At least ₹15,000 if you live in a Tier-2 or Tier-3 city
A score of 700 or above is usually expected
Meeting these conditions improves your chances of approval. If you fall short on any parameter, your application may be delayed or declined.
Understanding the eligibility rules also helps you judge whether this YES BANK Personal Loan suits your financial situation before proceeding further.
Submitting accurate and complete documents helps speed up verification and reduces follow-ups during processing. When you apply for a personal loan, you may be asked to provide the following:
| Document Type | Accepted Documents |
|---|---|
Identity Proof |
Aadhaar card, PAN card, Passport, Voter ID, or other valid government ID |
Address Proof |
Aadhaar card, Driving licence, Passport, utility bills, or rent agreement |
Income Proof |
Latest salary slips (usually last three months), Form 16, or Income Tax Return |
Other Documents |
Duly filled loan application form with accurate personal and employment details |
Document requirements may vary based on internal verification checks or applicant profile. Providing clear and updated records helps ensure smoother processing.
Once documents are in place, the lender evaluates additional factors that influence approval outcomes.
Even if you meet the minimum requirements, several factors can affect YES BANK loan eligibility during evaluation. Lenders assess these to understand repayment capacity and credit discipline.
Key factors include:
A consistent repayment record strengthens approval chances, while past defaults or delays can reduce eligibility
Higher and stable income supports better repayment ability
Ongoing loans or high EMIs may lower your eligible loan amount
Longer tenure with the same employer indicates income stability
Income thresholds vary between Tier-1 and Tier-2 or Tier-3 cities
These factors are reviewed together, not in isolation. A weaker area may be offset by strength in another, depending on overall risk assessment.
If you do not meet the requirements currently, gradual improvements can strengthen eligibility. These steps also support long-term credit health:
Pay EMIs and credit card dues on or before the due date
Lowering outstanding balances improves repayment capacity
Frequent loan enquiries may negatively affect your credit profile
Ensure salary credits and documentation reflect current earnings
Check for errors and raise disputes if needed
Improving these areas increases approval likelihood and helps you qualify for better terms. This approach is especially useful when comparing personal loans with low interest rates across lenders.
Reviewer
To meet eligibility, your net monthly income should be at least ₹20,000 in Tier-1 cities and ₹15,000 in Tier-2 or Tier-3 cities. Income stability is also assessed.
A credit score of 700 or above is generally expected. A higher score reflects better repayment behaviour and improves approval chances.
You can check eligibility by using a lender-specific tool or a general personal loan eligibility calculator. These tools assess age, income, and credit details without affecting your credit score.
Eligibility is based on factors such as age between 21 and 60 years, stable income, employment profile, and a satisfactory credit history. Meeting all criteria improves approval chances.
A credit score of 575 is considered low and may reduce approval chances. Improving repayment history and reducing outstanding dues can help strengthen eligibility over time.
Applicants who meet income, age, employment, and credit requirements may qualify for faster processing. Final approval depends on internal verification and credit assessment.