YES Bank Personal Loan Interest Rates

Preliminary Information

Loan Details

Personal Details

+91


YES Bank Personal Loan Interest Rates 1st December 2020

Particulars Salaried Self-employed
Rate of interest At least 14 % p.a.

At least 14 % p.a.

Loan Value Rs 2 lakhs to 20 lakhs.

Rs 2 lakhs to 20 lakhs.

Tenure of the Loan 12 months to 60 months.

12 months to 60 months.

Least EMI Rs. 4,654 per month

(calculated for the minimum loan value for the longest tenure at the lowest rate of interest.)

Rs. 4,654 per month

(calculated for the minimum loan value for the longest tenure at the lowest rate of interest.)

Processing Fee NA NA
Age NA NA
Prepayment fee NA

However, prepayment is allowed only post 12 months.

For part prepayments:

20 % for 1 – 2 years 
20 % for 2 – 3 years
25 % for 3 -4 years

25 % for 4 -5 years

NA

However, prepayment is allowed only post 12 months.

For part prepayments:

20 % for 1 – 2 years 
20 % for 2 – 3 years
25 % for 3 -4 years

25 % for 4 -5 years

Foreclosure fee Allowed only after 12 EMI payments.

4 % if within 1 – 2 years.

3 % if within 2 – 3 years

2 % if within 3 – 4 years

No charges after 4 years.

Allowed only after 12 EMI payments.

4 % if within 1 – 2 years.

3 % if within 2 – 3 years

2 % if within 3 – 4 years

No charges after 4 years.

YES Bank offers personal loans at different interest rates to its borrowers depending on their favourability to the bank. It considers various factors such as the borrower's purpose of funds, repayment capacity, etc. and offers loans at the most competitive interest rates. The base rate as per 22 June 2015 was 10.5 % p.a. the interest rates applicable depend on the current based rate as well as on different parameters and range between 14 – 16 %. The bank also offers different options to repay the loans such as flexible EMIs to reduce the burden of repayment on the borrower.

Need Help?

Akshar Blue Chip IT Park, 703, Thane - Belapur Rd, Turbhe, Navi Mumbai, Maharashtra 400705

Subscribe to our newsletter

  • Mobile Apps
  • googleplay-loanbaba.com
close
Top

Did not find what you were looking for?

Browse through our Knowledge Bank for more articles.

Loanbaba Blog

Check your Loan eligibility!

Apply for a Loan online: