Yes Bank Personal Loan – Eligibility, Charges, and How to Apply

Yes Bank Personal Loan

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YES Bank is an Indian Bank which is engaged in providing a range of banking and financial services. YES Bank was founded by Rana Kapoor and Ashok Kapoor in 2004.

HeadquartersMumbai, Maharashtra
IndustryBanking, Financial Services
Founder (s)Rana Kapoor and Late Ashok Kapoor
YES BANK Personal Loan

Yes Bank Personal Loan

Avail personal loan from YES BANK with an attractive rate of interest which starts at 10.99% p.a. with flexible loan tenure up to 5 years. Yes Bank’s personal loan application process is hassle free and the loan amount is disbursed within a few hours of its sanction.

Also Read: Axis Bank Personal Loan

Features and Benefits of Yes Bank Personal Loan

  • Easy and hassle-free
  • Lucrative interest rates
  • Flexible repayment options
  • Quick disbursal of the loan funds
  • No collateral required
  • Speedy approval
  • Part pre-payment options are available
  • Customers can check their eligibility for a Yes Bank personal loan
  • Customer can transfer existing personal loans from other financial institutions at an attractive rate of interests

Types of Personal Loans available at Yes Bank

Personal Loans offered by Yes Bank are as mentioned below:

1. Personal Loan for Holiday – Customers can avail personal loan from YES BANK and can book/plan their holidays at their dream place. A personal loan for a holiday from YES BANK helps cover must of your expenses including flight tickets, hotel charges etc.

2. Personal Loan for Wedding One can avail Personal Loan from YES BANK for wedding expenses or costs.

3. Personal Loan for Home Renovation – This loan can be avail to meet the needs of you and your family. YES BANK’s personal loan for home renovation is one of the ideal solution for you and your family.

Interest Rate, Loan Amount and Other Charges

Interest Rate10.99% p.a.
Loan AmountUp to Rs 40 lakhs
Loan TenureUp to 5 years
Prepayment Charges2% to 4% of the outstanding principal amount
Part prepayment charges2% of the amount paid towards part payment + GST
Cheque Bounce ChargesRs 750 for each bounced cheque + GST

How to Apply for YES BANK’S Personal Loan

You can apply online by filling up the application form from the official website of the bank. Enter all the personal details and click on submit. Along with the form you will have to submit the necessary documents. After submitting the bank will verify the application form and documents submitted by you and once they are verified, the bank will disburse the loan amount to your bank account.

You can also visit the nearest bank branch and can apply for the personal loan via offline. A representative from the bank will help you with the application process.


  • Minimum 21 years of age
  • Maximum age limit should be 60 years at the time of loan maturity
  • Salaried as well as self-employed individuals
  • Good credit score

Documents Required

  • Dully filled application form
  • ID proof
  • Address Proof
  • Passport sized photographs
  • Bank statement
  • Signature proof
  • KYC documents
  • Other essential documents

YES BANK EMI Calculator

Before availing a personal loan you will have to be eligible for the loan amount. To check your eligibility you can use YES BANK’s Personal Loan EMI Calculator. Calculate your monthly instalments before applying for a loan and have a definite estimate of your monthly payments well in advance. To calculate your EMI is very easy and simple all you need is to fill in the required details such as loan amount, tenure, interest rate, processing fee and you will get the result instantly.


1. What is a Personal Loan?

Ans: Personal loan is a loan that is used for your personal use. You can use it to fund any expense including education, a wedding, a trip, home renovation, medical expense etc.

2. Why one should choose personal loan from YES BANK?

Ans: One should choose personal loan from YES BANK because –

  • It enables the customers to chose flexible repayment tenure from 12 to 72 months
  • The loan amount ranges from 50000 to 5000000
  • It offers attractive rate of interest to its customers
  • Quick processing of the loan application
  • Instant loan approval etc.

3. What is the minimum age criteria to apply for Personal Loan?

Ans: The applicant must be between the age of 21 to 60 to apply for a personal loan.

4. Can I foreclose my personal loan account at YES BANK?

Ans: Yes, you can foreclose your loan account at YES BANK.

5. Can I choose between fixed and floating interest rate in YES BANK?

Ans: No, YES BANK offers personal loans at fixed rate of interest only.

6. What are the documents required to apply for personal loan?

Ans: Certain documents are required to apply for personal loan –

  • Dully filled application form
  • ID proof
  • Address Proof
  • Passport sized photographs
  • Bank statement
  • Signature proof
  • KYC documents
  • Other essential documents

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