What is Yes Bank Personal Loan Interest Rate?

I had availed of a personal loan via Yes Bank a few years ago, so let me tell you the Yes Bank personal loan interest rate. The interest rates start from 11.25 % and can go up to 21% per annum. These rates in fact, depend on several factors that my brother told me. One of the major factors here is the credit score. The higher your score is, the lower your interest rate will be.

What are the Factors Affecting the Yes Bank Personal Loan Interest Rate?

Some of the major factors that determine your

personal loan Yes Bank interest rate

are as follows -

1. Credit score

2. Income Level 

3. Loan Repayment History

4. Financial Record

The higher your credit score and income level is, the higher your creditworthiness is and hence, you can get a lower interest rate. The processing fee in Yes Bank is up to 2.5% of the loan proceeds. 

How to Apply for Personal Loan in Yes Bank?

Since I had availed a loan from Yes Bank, I can tell you the process is pretty simple. You can follow the steps below.

1. You can either visit the branch or to the online portal of Yes Bank.

2. Fill out an application form with your necessary information like your income and employment details.

3. Then, gather all the documents required for a personal loan application, and submit it.

Documents Required for Personal Loan Application

• Identity Proof (AADHAR/passport/driving licence)

• Residential Proof (utility bill/AADHAR/passport)

• Income Proof

• Passport size photographs

• KYC documents like NREGA job card, Letter issued by National Population Register containing details of name and address, AADHAR, voter card, passport, and driving licence.

I hope you get a clarity now on the rate of interest on personal loan in Yes Bank.

Last year, I applied for a personal loan at Yes Bank so let me share the Yes Bank personal loan interest rate and eligibility criteria in detail here. The interest rate here starts at 10.99% and goes up to 20%. You can apply for a personal loan online through

What is the Personal Loan Yes Bank Interest Rate?

Yes Bank personal loan interest is one of the lowest interest rate a bank offers for its customers. It is between 10.99% and 20%. The processing fee is also not that high. It is up to 2% of the entire loan amount you are applying for. 

What is the Eligibility Criteria for Applying for a Personal Loan At Yes Bank?

To apply for a personal loan in Yes Bank, you will need to have a CIBIL score of 700 or above. As for age and income details, you will need to visit the bank and know them. You can also check your Yes Bank eligibility here:

• Just login

• Select personal loan option

• Enter details as required and check your eligibility

What Documents are Required to Apply for a Personal Loan in Yes Bank?

The documents you will need to apply for a personal loan at Yes Bank are:

• Identity Proof like Passport/ Driving License/ AADHAAR Card/ Voter ID

• A valid ID proof with the permanent address (should be at least a year old)

• Address proof documents like bills or rent agreements 

• Credit history related documents 

• Provide Income proof, i.e. a bank statement from the last three months

So these are all the details you must be aware of before applying for a personal loan at Yes Bank. You can visit your bank for further information.

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