Yes Bank Personal Loan Balance Transfer

Yes Bank Personal Loan Balance Transfer Benefits

When you are transferring your personal loan balance to your Yes Bank account, you will receive multiple benefits. Some of these benefits have been mentioned below:

1. The EMIs that you have been paying will get reduced after you transfer your balance to Yes Bank account.
2. The interest rate offered by Yes Bank on personal loans begins at 10.99%.
3. You can also acquire an additional top-up funding to add to your personal loan for the same tenure.
4. Yes Bank provides its customers with doorstep financial services for increased convenience.
5. Yes Bank Personal Loan can be prepaid after having paid 12 installments.
6. You will be able to enjoy Net Banking services offered by Yes Bank that will help you carry out your services efficiently and smoothly.
7. The process of balance transfer requires minimum documentation.

Yes Bank Personal Loan Balance Transfer Eligibility

In order to check the eligibility of Yes Bank Personal Loan Balance Transfer, you will be required to enter the following information:

1. Full name as mentioned in the PAN card
2. Mobile number
3. Net income (on a monthly basis)
4. Current residence or Pin code
5. Your employer type:
6. MNC/Private organisation
7. Government job
8. Partnership/proprietorship/LLP
9. Paramilitary/defence
10. Current bank where the existing loan is from
11. Current loan outstanding amount
12. Current rate of interest on personal loan

Documents Required for Yes Bank Personal Loan Balance Transfer

The following documents will be required for personal loan balance transfer from another bank to Yes Bank:

1. Application form
2. Proof of identity
3. Passport
4. Aadhaar card
5. Voter's ID
6. Driving license
7. Proof of address - should have your permanent address and must be at least 1 year old
8. Proof of income - Statement of bank for the preceding 3 months

Conclusion

Yes Bank is a popular private bank in India that offers a wide range of financial services and products to its customers. Every product offered by Yes Bank has its own beneficial features. The bank offers home loan, car loan, personal loan, and so on. Apply for a Personal Loan through Bankbazaar.com for quick disbursal and a hassle-free application procedure.

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