If you want to fulfilling the various needs like purchasing new vehicle, wedding function, vacation trip or much more through the financial support. Then it is quite simple for applying for personal loan from YES bank as it does not need any collateral, unlike most other loans. With the craze of the digital, now it becomes more efficient to avail it. Here, you will know more about the potentialities of Yes Bank that how it offers you to enjoy the accessing of credit through minimal documentation in this Article.
Why is Yes Bank for the Personal Loan?
Yes Bank is considered as one of the leading, and reputed banks in India and it is the fourth largest private sector bank as well. Yes Bank ensures you to get the Personal Loan in ranges of INR 50K to 40 Lakhs at the starting rate of interests from 10.99–20.00% annual quickly at a few clicks of the mouse. This bank provides you to enjoy the benefits of a hassle-free process like lengthy procedures of documents/verification, and even bothering to visit anywhere else. Depending on your sufficient income and other eligibilities, you can repay the loan from one to five years.
About Credit Score in Yes Bank:
The credit score is one of the principal parts for applying for any loan. With having the tremendous record of credit history, your Personal Loan can be considered without any obstacles at the initial stage of only. But, at Yes Bank, your application will also move ahead in spite of having the poor credit score. However, your loan interest rate will be charged additionally, but still, you will be recommended by the Yes Bank easily.
Eligibility Criteria Required in Yes Bank:
Yes Bank wants to make sure about the matching of their applicant basic eligibility criteria. So, the candidate is required to match the following criteria’s:
- Applicant age should be between 22 to 58 years.
- Applicant nationality should be an Indian.
- Applicant monthly income must be INR 25K with having the two years of minimum work experience and at least six months in your current workplace.
- In case of rented residing, you must have been there for two years.
What are the Documents You need to Submit at Yes Bank?
- Applicant valid ID proofs along with passport size photograph.
- Applicant address proofs like telephone/electricity/water bills.
- Latest salary slips and ITR form of 16 for salaried applicant, and continuity of business with a few more proofs of profit and turnover for self-employed.
Yes Bank offers Personal Loan in Noida, Delhi/NCR or anywhere in India, to meet various expenses and cover the significant duties and dreams. You can also calculate your overall estimates of EMI with interest rate through the Yes Bank Personal Loan EMI calculator. This tremendous support of graphical representation you can view at Rupee Station; the virtual marketplace of financial solutions where interacts between the lender and borrower. At Rupee Station, you can access the several leading several banks and non-banking financial companies to get more details about the advantages of their capabilities. Rupee Station allows you to enjoy the loan amount disbursement within two days without long and lengthy features based documents.