Yes Bank Two Wheeler Loan Eligibility

Yes Bank Two Wheeler Loan Eligibility

Bank Finance Amount Interest Rate Tenor Processing Fee Advance Part Payment Action
25,00,000 10.25% to 12.25% 60 Months 3.00% YES Check Eligibility

Yes bank offers two-wheeler loans that involve immediate processing, low EMI, low rate of interests and longer loan tenure making two-wheeler loans affordable for anyone who wants to purchase a two-wheeler. Yes Bank offers attractive two-wheeler loans with stress-free documentation process and quick disbursal that can be applied by any salaried or self-employed individuals. Key features of two-wheeler loans at Yes Bank are mentioned below:

  • Loan Amount: Yes Bank offers two-wheeler loans starting from Rs. 1 Lakhs upto Rs. 25 lakhs for its customers. Loan granted to any customer depends on the eligibility of the customer which in turn depends on the credit score of the customer.
  • Rate of Interest: Yes bank two-wheeler loans are popular as it offers the highest loan tenure of upto seven years and lowest interest rates of 10.25% to 12.25% per annum.
  • Loan Tenure: Anyone can borrow two-wheeler loans at Yes Bank for minimum loan tenure of 1 year and maximum loan tenure of 5 years. Longer loan tenures ensure that your EMIs are on a lower side thereby making your two-wheeler loan EMIs more affordable.

Eligibility Criteria To Borrow Two-wheeler Loans At Yes Bank

  • You should be atleast 18 years of age if you a salaried individual
  • You should be atleast 21 years of age of you are a self-employed professional.
  • Your minimum net yearly income should be in accordance to form 16 and income tact return certificate.
  • Salaried individuals should be working in the same organization for atleast last 6 months.
  • Self-employed individual should be running his/her business for a period of atleast 2 years.

Documents Required:

  • Duly filled up application form
  • Latest photograph
  • KYC documents as per YES Bank Ltd. policy
  • Income proof
  • Bank Statement
  • Signature proof verification
  • Performa invoice
  • Post approval: Loan agreement duly signed with RTO set
  • Post-dated cheques (PDCs)/ECS form/ Standing Instructions (SI) with security PDCs as applicable
  • Margin money receipts

Apply for Yes Bank Two-wheeler loans at Letzbank:

  • Wide Selection of Loans – At Letzbank, we collate loan offerings from all the major banks and present them at one page to you. This is a much hassle free method to make comparisons between loans and make a selection on which loan suits your needs.
  • Free of Charge – There is no charge to apply for a loan via Letzbank website. In fact, we have made the loan application procedure easier and quicker by collaborating directly with the banks.
  • Instant Quotes – Letzbank.com gets you instant access to car loan quotes from a bank of your choice within seconds.
  • Online Form Application –Submit the car loan application from the comfort of your home at Letzbank.com website and let us handle the application process for you.

Two-Wheeler Loan EMI Calculator

You can calculate the EMI of your two-wheeler loan offered by any bank by making use of Letzbank EMI calculator: https://www.letzbank.com/emi-calculator. All you need to do is enter the amount of the total loan, duration of the loan as well as the rate of interest and Letzbank EMI calculator will determine the monthly EMI in just a matter of seconds along with various loan stages of the loan tenure.

Submit your applications online!