YES Bank Personal Loan

YES Bank star star star star star 3.75 / 5.04 users

YES Bank, a private bank operating in India, headquartered in Mumbai, boasts of a pan-India network of almost 900 branches. By 2015, YES Bank had a balance sheet size of Rs 1500 billions, human capital base of 12,750, advances worth Rs 1000 billion, and deposits worth Rs 1250 billion. The bank offers Home Loans, Car Loans, Commercial Vehicle Loans, and Personal Loans. The last mentioned can be processed with minimum documentation and no guarantor whatsoever.

YES Bank Personal Loan Details Updated on 16th November 2018
Loan Amount Rs.200,000 to Rs.2,000,000
Loan Tenure 5 Years
Interest Rate 10.75% to 20.00%

The bank has designed its Personal Loans in such a way that enables the customers to meet their myriad financial obligations which might appear any moment. A personal loan offered by YES Bank can enable the borrower to pay for medical expenses, educational expenses, arrangement of a wedding, home renovation, or a long awaited vacation.

Why choose a Personal Loan from YES Bank?

Having started its operations in 2004, YES Bank has successfully earned the position of a leading institution that offers a wide array of financial services and products, comprising personal loans. Their mission is to offer quality services that can be availed with ease. This aim has set YES Bank apart as a popular choice. Many prestigious awards have been won by the bank as an outcome of its focus and efforts.

NOTE: Check out YES Bank Personal Loan EMI calculator and YES Bank personal loan eligibility at loanbaba.com.

The list of achievements include the DUN & Bradstreet – Best Private Sector Bank award in 2014, APQO or Asia-Pacific Quality Organization acclaim in 2014 (YES Bank being the first Indian to win this accolade), IMC Ramkrishna Bajaj National Quality Award for Business Excellence in Services Category in 2013 (YES Bank being the 1st Indian bank to achieve this honour), to name a few. They also earned the esteemed ISO 14001:2004 certificate in 2013, thus becoming the 1st Indian bank to get this certification.

Features of a Personal Loan from YES Bank:

  • The loan amount varies between Rs 1 lakh and Rs 20 lakhs.
  • Flexible repayment options
  • No requirement for a collateral or guarantor
  • Competitive interest rates
  • Minimum application time

Why Apply for YES Bank Personal Loan?

Loanbaba provides comprehensive information about personal loan schemes by YES Bank. Keep a note of this page to stay updated with recent information on this bank loan scheme. You can also quickly apply for this loan online on the bank's official website without having to visit the bank branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.

YES Bank Personal Loan Interest Rates

Personal Loan YES Bank charges up to 14% as fixed interest rate. Keep a check on this page to note the updated interest rate for YES Bank personal loan.

YES Bank Personal Loan Eligibility

  • The applicant for personal loan YES Bank needs to meet the age requirement and possesses all necessary identity and income proof required to apply for the loan.
  • He/she meet the requirement for credit score and should not be under too many debts.
  • Personal loan eligibility may differ from one candidate to another. You can also use free-of-cost YES Bank personal loan eligibility calculator at Loanbaba.com.

Types of YES Bank Personal Loan

YES Bank has personal loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.

YES Bank Personal Loan FAQs

  • addFAQs

    Below provided are important questions about personal loan YES Bank.

    1. What are the documents required for YES Bank Personal Loan?
    2. Simple documentation such as identity proof, address proof, age and signature proof, two passport-sized photographs, salary certificates of 3 previous months, bank statements of preceding 6 months (of the salary account), and IT Returns of last two years.

    3. What are the loan amount limits?
    4. As per the eligibility criteria and other policies by the YES Bank, loan amount ranges between R. 200,000 and Rs. 20, 00,000.

    5. Can the applicants repay the personal loan earlier?
    6. Foreclosure provision is available with this bank, but charges will apply. The borrower can prepay the amount left at nominal charges after 6 EMIs. But, no additional charges apply for prepayment, once 12 EMIs have been paid.

    7. Is there a need of collateral for Personal Loan YES Bank?

    No, there is no need to provide collateral or security to YES Bank for availing a personal loan.

YES Bank Personal Loan Review


Personal Loan
star star star star star 12.0/5
Personal loan by YES bank was perfect, but the turnaround time is something they can work upon.
Mumbai November 14, 2018
Personal Loan
star star star star star 15.0/5
I had applied my personal loan in Mumbai at YES bank. I was in dire need of funds and fortunately got the loan amount soon.
Mumbai November 14, 2018
Personal Loan
star star star star star 15.0/5
Taking personal loan in Gujrat by YES bank through online portal of loanbaba was after all not a bad idea. This way I could communicate with the YES without having to come over to their branch. All by documentation was sorted and I got the loan in decent time.
Mumbai November 12, 2018
Personal Loan
star star star star star 13.0/5
The YES bank has disbursed the loan amount required and I am satisfied with it. The interest rate and the charges are average.
Mumbai November 11, 2018

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