Why should I apply for a Personal Loan from Yes Bank?
Ans - Unlike other banks, Yes Bank offers loan at 10.75% interest rate combined with the lowest EMI of 2,162 per Lakh. Therefore, if you are paying an EMI more than this amount then you can opt for balance transfer and relocate your loan to Yes Bank.
How much interest rate is charged by Yes Bank on Personal Loans?
Ans - The interest rates in Yes Bank ranges from 10.75% to 18% in case of Personal Loans.
What is the minimum and maximum period or tenure of Personal Loan in Yes Bank?
Ans -With regard to Yes Bank, you can repay your Personal Loan in a flexible time period of minimum 12 months to maximum 60 months.
How much Personal Loan amount can I avail from Yes Bank?
Ans -Yes Bank offers you a loan with a minimum amount of 1 Lakh to a maximum amount of 25 Lakhs.
Does Yes Bank Allow Part-prepayment of the Personal Loan?
Ans - Yes, you can opt for part-prepayment of your Yes Bank Personal Loan. However, this facility can be availed only after the payment of 12 EMIs.
Is age an eligibility factor to get Personal Loans from Yes Bank?
Ans -Yes, age is a vital factor to check the eligibility of a customer to get a Personal Loan. You need to be at least 21 years old at loan approval time and 60 years old at loan maturity time.
Do I need a guarantor to get Yes Bank Personal Loan?
Ans - No, you don't have to bring a guarantor for Yes Bank Personal Loan.
Can I add my spouse's income to mine while applying for Personal Loan from Yes Bank?
Ans - Yes Bank allows you to combine your income along with your spouse's income so that you increase your loan eligibility and get a higher loan amount.