Yes Bank Personal Loan
Say Yes To Yes Bank Personal Loan!
If you are planning an international holiday and need help with your finances or looking to finally renovate your home, personal loans are a great way to manage instant cash requirements. Yes Bank personal loans offer loan approvals for upto 20 lakhs and do not require any guarantor.The fifth largest bank in India, Yes Bank has quickly gained a lot of customer base with their superior customer service and excellent product offerings. As a full service commercial bank, Yes Bank has broadened its services to corporate, retail and SME banking, touched financial markets with investment banking, wealth management, as well as the loan segment.
Yes Bank is one of the fastest growing banks in India since it was founded in 2004. With an objective to grow by building mutual trust and transparency, Yes Bank envisions to be a bank that is truly sustainable and innovative.
Overview Of Yes Bank Personal Loan
Yes Bank personal loans are a perfect solution for all types of borrowers, whether salaried or self employed individuals. With zero charges levied on part payment facility and swift approval process, Yes Bank personal loans offer a lot of benefits to a borrower. So whether you need a loan for a wedding, vacation, home renovation or for any medical emergency; Yes Bank Personal Loan has a customized deal for you.
Why Pick Yes Bank Personal Loan?
Yes Bank personal loan offers numerous benefits:
- No charges to avail pre part payment service – You can prepay anytime without having to pay any charges or fees.
- No Foreclosure charges.
- No Collateral or Guarantor required – Yes Bank offers personal loans without the need for any collateral or guarantor, which makes it easier to be eligible for the loan.
- Simple Documentation –A simple documentation process makes it easy for anyone to apply for the personal loan and is less time consuming.
- Low Interest Rates –With interest rates starting from as low as 12.50%, Yes Bank has one of the lowest interest rates for personal loans in the market.
- Loan Tenure can be extended upto five years that gives you the flexibility and a lower EMI amount every month.
Features of Yes Bank Personal Loan
Yes Bank personal loan offers zero foreclosure charges, zero charges for pre part payment facility, higher loan amount available, no guarantor required to avail the loan, flexible repayment choices, that are a few top features of Yes Bank personal loan. Additionally, the loan amount value can be chosen from Rs. 2 lakh to Rs. 20 lakhs as per eligibility. Yes Bank offers a higher loan value on the basis of your eligibility and your credit rating and does not require you to submit any collateral or security to be able to meet the higher loan value requirement as such. The interest rates for Yes Bank personal loan is also one of the lowest in the personal loan category. Depending on your eligibility, you could avail a personal loan at an interest rate of 12.50% to 16% per annum!
Benefits of Applying Yes Bank Personal Loan on Letzbank
Applying for Yes Bank Personal Loan on Letzbank website brings you a lot of benefits:
- Comprehensive Loan Display –By displaying a comparative list of loan benefits and services by top banks, Letzbank enables its users to find all the relevant information in one place.
- Service Charges waived – Any loan application submitted online at Letzbank.com website, provides the benefit of getting the service charge waived off.
- Document Locker – You can safely keep your entire financial documents in a safe manner online which helps you with a faster application submission.
- Instant Quotes – Letzbank also offers an Instant Quotes service from top banks at your disposal.
- Additional Services – Letzbank also offers unique services such as the Credit Score check and filing of IT Returns.
- Insurance Services – You can also purchase various insurance schemes as per your requirements such as health insurance, life insurance, car insurance, etc.
- Tie-ups with different banks – Letzbank has partnered with a number of leading banks to bring to you special schemes and offers on availing loans that are made available for our valued clients.
Yes Bank Personal Loan Eligibility
The following are the important eligibility criteria to avail a Yes Bank personal loan:
- Age – Minimum age should be 25 years and maximum is 58 years.
- Employment – Minimum 2 years of continuous employment with a minimum of six months of work experience with the current employer.
- Income – Minimum monthly income should be Rs. 25,000.
- Must be residing at the current address for atleast two years.
Yes Bank Personal Loan Document Requirements:
Yes Bank personal loan has a simple documentation process and the basic documents required for application processing are as follows:
- Age Proof –Passport/Driving License/Voter Id.
- Identity Proof - Pan Card/Passport/Voter ID
- Address Proof - Telephone bill/Valid Rent Agreement/Water Bill/Ration Card
- Signature Proof
- Salary slips for the last three months.
- Income Tax Returns slip for the past two years.
- Past six months Bank statement
Yes Bank Personal Loan - Rate of Interest
Yes Bank Personal Loan Interest Rates range from 12.50% to 16% per annum.
Yes Bank Personal Loan - EMI Calculator
To calculate the EMI for Yes Bank Personal Loan is pretty simple. Making use of our handy tool i.e. EMI calculator: https://www.letzbank.com/emi-calculator/personal and get acquainted with the loan details. Based on the tenure selected, the rate of interest and the loan amount requested, Letzbank EMI calculator will be able to determine the best EMI option for you. You will also be able to see the yearly and monthly breakup of the loan with the principal amount and interest to be charged per year. Letzbank EMI calculator is a simple and user friendly tool that is swift and works with high accuracy.