Yes Bank Personal Loan

Yes Bank Personal Loan

Yes Bank is considered to be the fourth largest Private Sector Bank in India with the help of the Founder Rana Kapoor and his top management team. It is known as the Sunrise Sector of India because of its high quality, service driven, and customer-centric approach. It is the only Bank which is awarded as Greenfield Bank license by the RBI in the last two decades, it associates with the finest pedigree investor.

Our dreams are high; we want to achieve every single thing which we have expected from ourselves. But the issues emerge when we lack financial support, which eventually breakdown the inner desire to be on top of this world. For such dreamers, we have an excellent new that is Yes Bank is providing with the Personal Loan which is an unsecured loan that means no need to mortgage any of your assets furthermore nominal rate of interest is levy. All you need is to match the specific criteria provided by the Banks, and you can avail it within 24 hours. Lastly, you will never feel the pressure of returning the amount with interest because the loan is bestowing based on the repayment capabilities and the payslip.

Yes Bank Personal Loan Eligibility Criteria

It depends upon several measures such as payback capabilities, Credit Score, pay slip, etc. There are two categories:-

Salaried Applicant

  1. Firstly, the minimum age should be 21 years and maximum of up to 60 years.
  2. Secondly, an individual from the metropolitan city should possess a minimum income of Rs 18,000, and for an individual who is living in non-metropolitan city, the minimum salary should be Rs 12,000.
  3. Moreover, an individual must have three years of work experience, and the salary should be received in their account only.
  4. Besides this, an individual applying for the Personal Loan must have a good credit history.
  5. Lastly, a person has to submit his bank statement for the last three months and salary slip of the previous six months.

Self Employed Applicant

  1. Firstly, the age of an individual must be 25 years.
  2. Secondly, an individual applying for a Personal Loan should file Income Tax Return for the last three years.
  3. Besides this, a credit score of an individual should be up to the mark that is 650 and above.
  4. Moreover, the minimum amount should be of Rs 2.5 lakhs per annum at least.
  5. In addition to this, if a person is a businessman than his business should be running from last three years.
  6. Lastly, an individual has to submit his financials and his bank statement for the previous three months.

Yes Bank Personal loan Features

  1. Here, minimal paperwork is needed.
  2. It is a hassle-free process with nominal interest rate.
  3. Flexible repayment options are available.
  4. Transfer of existing loan is possible.
  5. Disbursal of Loan is available within 72 hours after the submission.
  6. It has a fast approval.
  7. No cosigner is needed.
  8. Part prepayment facility is available.
  9. Flexibility in repayment options.
  10. Lucrative interest rate.

Yes Bank Personal Loan Documents

  1. Photo identity proof includes any of these (Pan Card / Passport/ Aadhaar Card / Voter Identity Card / Driving License.
  2. Address Proof includes any one of these (Passport / Ration Card / Driving License/ Bank Account Statement / Aadhaar Card / Telephone Bill Sale Deed/ Electricity Bill / Property purchase agreement (for owned properties).
  3. Income Proof includes:-

For Salaried Individuals: Last three months/Six months’ bank statement (dependent on the scheme) Showing Salary Credits /Latest Salary Slip.

For Self-Employed Individuals: Two years of Income Tax Return/P&L / and Balance Sheet for the last two years/Last Six Months’ Bank Statement.

Business Proof includes:-For Self Employed Individuals: Qualification Certificate/ Certificate of Practice, Shop Act License/ Memorandum Of Association & Article Of Association/ Sales Tax/ VAT Registration/ Partnership Deed.

Yes Bank Personal Loan Interest Rate

For Self Employed:

  1. An individual business must be in existence for a minimum period of 3 years.
  2. The company’s Profit After Tax for the last two years should be positive.
  3. Minimum Age of an individual should be 28 years, and the maximum Age should be 68 years, at the time of loan maturity.

For Salaried Individuals:

  1. The minimum age of an individual must be 23 years, and the maximum Age should be 58 years, at the time of loan maturity.

Yes Bank Personal Loan Tenure

The tenure of the Personal Loan is 1 to 5 years.

Why your decision of choosing Bestloandeal is the right decision?

  1.  Firstly, our assistance is free of cost.
  2.  Secondly, the approval process is time-saving if you apply through Bestloandeal.
  3. Furthermore, you can avail our services 24/7.
  4.  Moreover, the Loan gets disbursed within 24 hours.
  5. Our relationship manager will assist you and will help you to avail the right offer.

How to apply for Capital First Personal Loan?

  1. Visit www.bestloandeal.in
  2. After that, you have to fill the personal loan form, and our expert relationship managers will contact you.
  3. Furthermore, we will tell you regarding details of the Personal Loan, where you can choose your preferred city.
  4. Lastly, we will provide you our assistance until the end of the process, until you are not satisfied.