Apply now for Yes Bank Personal Loan and get a loan up to Rs. 40 Lakhs at interest rate starting from 10.99% and up to 2.50% processing fee. You can make repayment in tenure of up to 60 months.
Here is the list of documents required while applying for Personal Loan at Yes Bank:
Following are the features of Yes Bank Personal Loan:
|Loan quantum||Rs. 1 Lakh - Rs. 40 Lakhs|
|Interest rate||10.99% - 16.99% p.a.|
|Repayment tenure||12 - 60 months|
|Lowest EMI||Rs. 2,174 Per Lakh|
|Processing fees||Up to 2.50% of the loan amount (minimum Rs. 999) + applicable taxes|
|Eligibility Criteria||Salaried Individuals||Self-employed Individuals|
|Profession||Salaried persons working in government, private or multinational companies||Professionals like Doctors, CA, CS, Architects|
|Applicant Age||21 - 60 years||25 - 65 years|
|Minimum Eligible Income||Rs. 18,000 per month||Rs. 12 Lakhs gross annual receipts|
|Maximum Loan Amount||Rs. 40 Lakhs||Rs. 40 Lakhs|
|Minimum Work Experience||24 months with 6 months at current organization||36 months|
Several factors can affect your Yes Bank personal loan eligibility, including the ones mentioned below:
At MyMoneyMantra, pre-screening of your application is done in order to suggest you the best lender that suits your eligibility and is willing to offer you the desired loan. This increases the chances of your loan getting approved. It also provides all the detailed information on the loan procedure and the eligibility criteria thus, preparing the applicant in advance so that the loan application is approved easily without any hassle.
The Personal Loan Eligibility Calculator at MyMoneyMantra helps the customer to know their exact EMI amount that they will need to repay the loan amount. This helps one to plan the expenses accordingly.
A Borrower can Use MyMoneyMantra's eligibility calculator to compare and calculate various loan offers, interest rates offered from various banks and financial institutions.
MyMoneyMantra Personal Loan EMI Calculator is very simple and eases you use. It helps the borrower to choose the best loan offer that meets the requirements. The Personal Loan EMI Calculator gives quick and accurate results.
Ahead of festival season, Kotak Mahindra Bank has announced Rs 999 flat processing fee offer on Personal Loans. Customers can avail of instant approvals on personal loan applications up to Rs. 20 Lakhs at lowest interest rate starting at 10.25% p.a for maximum of 5 years.
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The minimum age criteria for the applicant required to get a Personal Loan from Yes Bank is 21 years. The maximum age for salaried employees is up to 60 years.
An individual can use the top up loan allowed by the Yes Bank to increase the loan amount. It is necessary to have a good payment track record and repayment history to avail the top up loan.
The minimum income of the applicant (salaried employee) should be Rs. 18,000 per month.
It is recommended to check the Yes Bank Personal Loan Eligibility Criteria online before applying for the Personal Loan. All the information is available on the official website of the Yes Bank and MyMoneyMantra.
Yes, but with the help of a local co-applicant.
The maximum loan amount a borrower can apply for the Personal Loan from Yes Bank is up to Rs. 40 Lakhs.
Yes, a processing fee of up to 2.50% of the loan amount of the loan amount subject to a minimum of Rs. 999 plus taxes is charged by Yes Bank on the Personal Loan.
Yes, CIBIL Score does have an impact on your Personal Loan. A good score means the good repayment record, credit discipline, and is considered as an ideal customer. The chances of getting your Personal Loan approved are high if you have a good credit score.The minimum CIBIL score for the personal score is 700 and above. Most of the banks avoid giving loans if the applicant has a low credit score.