CreditMantri Finserve Private Limited
4th Floor Sudhama, 36 Vijayaraghava Road,T Nagar, Chennai, Tamil Nadu 600017
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
YES BANK Personal Loan offers low interest rates and long tenures. It covers wedding expenses, travel expenses and medical emergencies. There are no hidden costs and administrative charges. Get a loan amount of up to Rs. 20 lakhs. Apply Now!
Currently not available! Check Eligibility for similar products
YES BANK is India's fifth largest private sector bank, founded in 2004. YES Bank is the only Greenfield Bank license awarded by the RBI in the last one decade. YES BANK is a “Full Service Commercial Bank”, and has steadily built a Corporate, Retail & SME Banking franchise, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the country. YES BANK has banking network of over 600 branches and 2,000 ATMs giving it a major presence in urban India.
A personal loan is an unsecured (i.e. without collateral), multi-purpose loan usually taken to cover short-term money requirements. Personal loans usually have a speedy approval process hence making it one of the most popular loans in the market.
Being one of the largest bank in India, YES Bank offers a wide range of services in the personal loan segment. It is the most preferred bank by all kinds of people for any financial service. For any immediate financial requirement like wedding, medical treatments, house repair, pleasure vacation etc. can be fulfilled using the personal loans offered by YES Bank.
With quick and easy Personal loans from YES BANK, you can now go ahead and treat your loved ones to that long-awaited holiday abroad or give your home a makeover. YES BANK Personal Loans allow you to fulfill your personal requirements instantly.
Rate of Interest
Up to Rs 20 Lakh
Loan Tenure: Min:
1 year and Max: 5 years
Up to 2% of the loan amount
Foreclosure of loan is not allowed up to payment of 12 EMI's. Thereafter 4% of Principal Amount + S.T.
Foreclosure Charges (Full Pre-payment)
1. What are my loan limits?
Your personal loan limit would be determined by your income and repayment capacity. YES Bank offers two types of personal loans. They are Personal loan and Quick Loan.
2. Can my spouse income be included for calculating the loan amount?
Yes, your spouse's income can be included provided he/she guarantees the loan or the loan is taken jointly.
3. Do I have to pledge some form of security?
In some cases, security is required.
4. What is the repayment schedule like?
The minimum amount that you are expected to pay every month is the EMI. You are allowed to pay more than the EMI if you wish to, and we do not charge any prepayment penalty.
5. What is EMI?
EMI stands for Equated Monthly Instalments. This instalment comprises both principal and interest components. Use the EMI calculator to find out your monthly payments based on the loan amount, the rate of interest and the repayment period. Choose the combination that best meets your financial resources and requirements.
6. What is the processing fee? Are there any other charges?
There is no processing fee for Personal loan.
7. Do I have the option of choosing a fixed or floating rate for the loan?
You have the option to avail the loan with either a fixed interest rate or a floating one. In the case of a fixed rate loan, the interest rate on the loan will remain fixed through the entire tenure of the loan, whereas in the case of a floating rate loan, the interest rate could decline or rise in line with the changes in the Bank's Medium-Term Lending Rate (SBMTLR).
8. How does YES Bank Personal loan compare with those offered by other banks?
There is total transparency with regard to the rate of interest and the fees charged by us.
YES Bank offers personal loans at the cheapest rates of interest, with no security or collateral
YES Bank offer loans for the longest tenors (60 months), with the flexibility provided to reduce the tenor by prepaying the loan without any penalty.
The Bank provides finance for any personal need or requirement; the total amount being determined on the basis of repaying capacity.
With an YES Bank personal loan, you can choose between fixed rates of interest and floating interest rates.
9.How can I apply for the YES Bank personal loan?
You can either apply online or visit the nearest YES Bank loan centre for a personal loan.
10.Will there be any charges for prepayment towards my YES Bank personal loan?
There are no pre-payment charges levied towards the personal loan.
YES Bank Personal Loans Overview
YES Bank provides attractive interest rates on personal loans when compared to other lenders. Low interest rate with no hidden charges makes YES Bank personal loans a prospective and viable option for borrowing for your urgent financial requirements. With long tenure and part-prepayment, YES Bank personal loans do not impose much burden on the customers.
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.