Multiple banks. Different interest rates. Call it a "conflict of interest".
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    YES BANK Personal Loan Eligibility Calculator

    We found 1 YES BANK Personal Loan Eligibility Calculator

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    14% Fixed
    Up to 2% One time fee
    20L Max
    1-5 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria

    YES BANK Personal Loan Eligibility Calculator is Rated as "Great!" by 37 Users

    Personal Loan BYTES FROM OUR KITCHEN

    About YES BANK Personal Loan

    Personal loans provided by YES BANK will help customers fulfill their personal financial requirements such as a holiday abroad or home renovation among others. YES BANK offers personal loan amounts ranging from Rs. 2 lakh to Rs. 20 lakh at competitive interest rates. Some of the other important aspects of personal loan offered by YES BANK include flexible repayment options and no requirement of collaterals.

    YES Bank Personal Loan Eligibility for Salaried and Self-employed Applicants

    Particulars Salaried Self-employed
    Age (Min-Max) 25 to 58 years 25 to 58 years
    Income Rs.25,000 per month (minimum) -
    Guarantor Not required Not required
    CIBIL Score 750 and above 750 and above
    Minimum Loan Amount Rs.2 lakhs Rs.2 lakhs
    Maximum Loan Amount Rs.20 lakhs Rs.20 lakhs
    Minimum Loan Tenure 1 year 1 year
    Maximum Loan Tenure 5 years 5 years
    Interest Rate 14% 14%
    Processing Fee Up to 2% Up to 2%
    Prepayment Charge After 12 EMIs, 4% of principal outstanding + Service Tax After 12 EMIs, 4% of principal outstanding + Service Tax

    Factors Affecting Eligibility Of YES BANK Personal Loans

    • Age: Banks are more likely to provide personal loans to individuals who have several productive years before them. The age profile of customers is one of the important factors considered prior to approval of personal loans. Age plays a key role in determining not only the tenure of the loan but also the loan amount.
    • Financial strength: Banks must ascertain the ability of customer to repay the loan. YES BANK has set a minimum monthly net salary as one of the eligibility criteria to ensure that customers have a robust base. Also, bonuses and incentives offered to customers in their organization can also give them greater leverage to negotiate an increase in their loan amount.
    • Educational qualifications: A highly educated person with degrees from premier institutes stands a better chance of working for MNCs and high net worth companies in addition to boosting the longevity of his or her career. A well-educated person will also enjoy better career prospects in terms of promotions and growth. Consequently, banks will, in most cases, not worry about the customer’s ability to repay the loan.
    • Type of industry: Customers from reputed companies with a clear corporate structure are also likely to get personal loans from YES BANK. Typically, customers hailing from unconventional professions are likely to find it difficult to acquire personal loans. However, self-employed doctors, architects, chartered accountants and lawyers among others will get personal loan without any hassles.
    • Income: YES BANK may not provide you a loan if you have been a job hopper. Banks are wary of customers who change their jobs frequently and do not strive to cement their position in one company. Job hopping customers are typically considered to be vulnerable to layoffs by their company. Also, lack of longevity will have an adverse impact on promotions and increments. Customers who have been with a company for a longer period of time are more likely to get personal loans.
    • Rapport: Many customers tend to be loyal to one bank or another over a period of time. Loyalty to a bank translates into a special rapport with a bank which may result in attractive interest rates on personal loans for the benefit of customers. More often than not, old and trusted customers can avail of personal loans without any hassles.

    How CIBIL score affects your YES BANK Personal Loan Eligibility?

    • Credit Score: One of the most important factors which affect a customer’s loan eligibility- credit score gives banks an accurate data of the repayment habits and history of credit behaviour of the loan applicant.A bad credit can effectively mar the chances of availing a personal loan by YES BANK. Alternatively, a very good Cibil score can boost the chances of acquiring a personal loan.
    • Repayments: Customers have to ensure that they pay their EMIs on time. If customers have more than one loan, they will find it difficult to repay loan instalments on schedule. Payment of bills regularly without fail is, therefore, of seminal importance since it has a bearing on cibil score.
    • Existing loans: Loan eligibility of a customer will take a beating if he or she has taken several loans at a given point of time. CIBIL report will reflect the credit behaviour of the loan applicant. If a customer is too credit hungry, his or her CIBIL report will reflect his lack of fiscal prudence. Consequently, most banks will not entertain customers who are not aware of the perils of excessive credit which may lead to a debt trap and defaults.

    How to increase YES BANK Personal Loan Eligibility?

    • Clean Record: Customers have to ensure that they have a clean repayment history. CIBIL score is adversely affected if a customer defaults or makes late payments. Banks will take serious note of any defaults by the customer in the recent past.
    • Creditworthiness: Timely payment is an important determinant of the creditworthiness of a customer. CIBIL score of 750 and above shows creditworthiness of a customer. In most cases, banks easily approve loans for customers who have a CIBIL score of over 700. Customers should ensure that they have a robust track record in terms of repayments to increase their < a href="https://www.bankbazaar.com/personal-loan-eligibility.html">eligibility to avail of personal loans.
    • Loan tenure: According to experts, increase in tenure will result in reduction of EMIs, effectively increasing an individual’s ability to pay. The tenure of a loan, therefore, has a bearing on the loan eligibility of an individual.

    FAQs on YES BANK Personal Loan Eligibility

    • What is the age criteria set by YES BANK for salaried persons?

      The minimum age for salaried persons is 25 years, while the maximum is 58 years.

    • Does YES BANK demand any guarantors to provide personal loans?

      No. YES BANK does not demand any guarantors to provide personal loans.

    • What is the maximum loan amount that YES BANK offer to customers?

      YES BANK offers customers personal loans for up to Rs. 20 lakh.

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  • Personal Loan Reviews

    • YES Bank Personal Loan
      "Say Yes for credit "
      0.5 5.0/5 "Blown Away!"
      I got the personal loan with the Yes bank and the interest rate is around 11.4% and the loan amount got disbursed to my account with in three days of time. Processing charges are nil with them and partial payment can be done after six months of time.
      Was this review helpful? 0
      , pune
      Reviewed on Apr 25, 2017
    • YES Bank Personal Loan
      "Good Experience "
      0.5 4.5/5 "Excellent!"
      Yes Bank totally value his name and say yes for personal loan on good interest when I was in requirement so I would like to recommend Yes bank to every one for their financial need staff person are very helpful and very supportive and the service timings are also very less so overall it was great experience
      Was this review helpful? 0
      , surat
      Reviewed on Apr 13, 2017
    • YES Bank Personal Loan
      "Best Interest Rate"
      0.5 2.0/5 "Expected more"
      I had taken many loans from other banks they complete their process within two days, But YES Bank had taken 10 days to collect the documents, now the disbursement is underprocess. Their loan process is not upto the mark, I accept this loan because of the interest rate, as they had offered me the best interest rate of 11.29% and with a very less processing fee.
      Was this review helpful? 0
      , chennai
      Reviewed on Mar 24, 2017
    • YES Bank Personal Loan
      "Good services"
      0.5 4.0/5 "Great!"
      YES Bank was good not excellent. I had taken my personal loan from them and the process was overall good. The services and response was good and and time. They were also normal on the rate of interest and processing charges and even after loan services is smooth.
      Was this review helpful? 0
      , pune
      Reviewed on Mar 22, 2017
    • YES Bank Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      Its been 8 months when I have taken a personal loan with the YES bank. They have processed my request in a good manner. They have taken around 10 days for my loan disbursement. The common rate of interest was 17.99% but they offered 16.99% for corporate employees. After the disbursement they have given prompt followup for my EMI due dates. They are giving proper reminders on EMI before the due dates.
      Was this review helpful? 1
      , bangalore
      Reviewed on Feb 17, 2017
    • YES Bank Personal Loan
      "Everthing is fine"
      0.5 4.0/5 "Great!"
      Everything is perfect when it comes to YES bank personal loan., Interest rate offered by YES Bank was on the higher side this was taken some time back . Customer service offered by them was good. I am allowed to do partial payments when ever I want and its an ongoing loan.
      Was this review helpful? 1
      , chennai
      Reviewed on Feb 06, 2017
    • YES Bank Personal Loan
      "Bank deserves all praise"
      0.5 5.0/5 "Blown Away!"
      YES bank deserves all praise, as they had offered what I was in need of. I was promised that they would be providing loan for an interest rate of 14.5% but they have charged only 14.2%. On the same lines, other banks were struggling to offer 15% but YES bank was too good in offering an interest rate of 14.2% . The second best thing about YES Bank is, the actual processing fee is 2% however they were offering only 0.5% and finally they have not added insurance to the loan.
      Was this review helpful? 0
      , chandigarh
      Reviewed on Dec 03, 2016
    • YES Bank Personal Loan
      "It is great"
      0.5 3.5/5 "Pretty good"
      This is the best offer ever! I was offered a zero percent foreclosure charges, no processing fee etc. More than all the interest rate offered by them was 12.25% it is that good. This offer was provided by the company therefore I had opted for it.
      Was this review helpful? 1
      , pune
      Reviewed on Nov 19, 2016
    • YES Bank Personal Loan
      "More than Excellent service"
      0.5 5.0/5 "Blown Away!"
      My personal loan with YES bank was pretty good. It met my exception level in all aspects of service. In term of interest and process fee was very least compared to other banks. It had considered my oldest transaction on my salary account and they disbursed the amount on time.
      Was this review helpful? 1
      , chennai
      Reviewed on Nov 17, 2016
    • YES Bank Personal Loan
      "Rate and customer service is very good"
      0.5 4.0/5 "Great!"
      Rate of offered by YES bank is 11.49% however the other bank was offering rs 16.25% which is way to high . The executive who was in touch with me was providing regular updates on a daily basis. No issues till date with YES and the interest rate offered by YES Bank is very good.
      Was this review helpful? 0
      , kolkata
      Reviewed on Nov 17, 2016
    • YES Bank Personal Loan
      "Good services"
      0.5 4.0/5 "Great!"
      I got a personal loan from YES Bank and it was a hassle free experience and process. The services from them has been really good and on time. They were quite normal on the rate of interest and the processing charges was also nominal. They were approachable and supportive as well for a query.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 10, 2016
    • YES Bank Personal Loan
      "Could be more quicker"
      0.5 4.0/5 "Great!"
      YES Bank was good on the personal loan process, but they did take some time to process the loan. They took more than a week. The delay was from the bank end. The rate of interest was around 12% and they were pretty much affordable with the processing charges as well.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 10, 2016
    • YES Bank Personal Loan
      "Everything is financial for a common man"
      0.5 3.0/5 "Satisfactory"
      The first and the best factor about YES bank personal loan was the processing time as they took a very less time to process the loan. The guy who was interacting with me was really helpful and supportive. On the other hand, the Branch person was not responsive and it would have been better if they would have reduced the processing fee a bit.
      Was this review helpful? 1
      , bangalore
      Reviewed on Nov 08, 2016
    • YES Bank Personal Loan
      "Useless/inexperienced Processing "
      0.5 1.0/5 "Really Bad"
      Overall inexperienced and ineffective work force atleast the Pune Branch. 1. Very Long Processing Timeline (Sep 28 - Oct 29) - Nearly one month on outlook - It means they work only on Month end to meet the targets. 2. No Proper documents collection . 3. No proper channel to deliver the Balance Tranfer (BT ) cheques. 10 days after processing cheque not yet received. 4. Customer Care do not have direct link to Personal Loan Dept. So You can talk to no one. 5. They use lots of middle Man (agents ) throwing away unnecessary promises .They dont have any way to tackle them.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 08, 2016
    • YES Bank Personal Loan
      "Good customer service"
      0.5 5.0/5 "Blown Away!"
      I would like to give 5 stars for all parameters for my YES Personal loan. The contact person was really good and he had provided some extended service. Sriniviasan his boss was very responsive. He was very much helpful and I got the money from them on time. Interest rate offered by YES bank was okay and it was line with other bank.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 04, 2016
    • YES Bank Personal Loan
      "Quick and flexible "
      0.5 5.0/5 "Blown Away!"
      The process was very quick and flexible with YES Bank. I never though that I would receive the personal loan within ten days. I thought it would drag as there were many other banks who declined my application with a reason of my company not being listed. But this bank was excellent. The rate of interest was of 16% and processing charges normal too.
      Was this review helpful? 1
      , bangalore
      Reviewed on Oct 31, 2016
    • YES Bank Personal Loan
      "Very lengthy process"
      0.5 3.0/5 "Satisfactory"
      The document process is too much and the process was too lengthy with YES bank. There was a lot of verification done at my home couple of times and at my work place too. When I had to open a savings account, they verified my details earlier and they done the same again for the personal loan which was not required. It was a hectic process overall.
      Was this review helpful? 2
      , mumbai
      Reviewed on Oct 25, 2016
    • YES Bank Personal Loan
      "ECS not actioned"
      0.5 4.0/5 "Great!"
      Unfortunately, my ECS has got rejected due to signature mismatch. Friday, I spoke with the customer care of YES bank. They advised me to visit the branch and they advised me to pay cash. As advised, I had make the payment via cash at Kilpauk Branch however I am yet to receive a notification from them.
      Was this review helpful? 0
      , chennai
      Reviewed on Oct 24, 2016
    • YES Bank Personal Loan
      "Happy with the services"
      0.5 5.0/5 "Blown Away!"
      Good services from YES Bank for the personal loan. Secondly they were very customer friendly. Being a corporate customer they have given me a good rate of interest of 13.75%. It would have been better of the processing charges was waived off. The process was on time and i am happy with them.
      Was this review helpful? 2
      , thane
      Reviewed on Oct 22, 2016
    • YES Bank Personal Loan
      "Good ROI and charges. But delayed process"
      0.5 4.0/5 "Great!"
      I had taken a personal loan from YES Bank. The process was pretty lengthy, but I would say at the end it was a good experience. It was a challenge in getting connected with the customer support to get a status on the disbursement. I finally got the loan amount as require after 22 days.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 20, 2016
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