Is It Good To Apply For The Personal Loan Using Yes Bank?

Do you want to fulfill your needs by taking a personal loan? If yes, we will help you acquire the knowledge about it.

Yes Bank gives you an opportunity to take a wide variety of loans and fulfill your needs.

If you also want to benefit from Yes Bank Personal Loan, read the complete article to gain the related information.

What do you mean by Personal Loan?

In the broad term, personal loans are the kind of loans that the Bank provides to individuals to fulfill their requirements. Personal loans can be used for several purposes. For example, you can use it to plan vacations, build your home, renew your home, and for other purposes.

How many types of Personal Loans are available by the Yes Bank

There are three kinds of personal loans provided by Yes Bank. Let us tell you about the same.

  • Personal Loan for a holiday by Yes bank
  • Personal loan for home renovation by Yes bank
  • Personal Loan for wedding purposes by Yes bank

Advantages offered by the Yes Bank in personal loans

  • There is no guarantee requirement while applying for a personal loan.
  • You have an option to pay the loan amount in EMI.
  • It is easy to apply for personal loans through Yes Bank.
  • You can easily apply for personal loans online. There is no need to visit the branch continuously for this purpose.
  • Also, Yes Bank offers an option to check the eligibility status from which you can see whether you are eligible for personal loans or not.
  • Yes Bank offers you personal loans at very profiting interest rates.
  • If you are eligible and your documents are verified, you get an instant approval for the loan from Yes Bank.
  • Net banking facilities: Yes Bank facilitates the Net banking facilities that result in smooth bank functioning.
  • Yes, Bank provides you doorstep services. When you apply for a personal loan through Yes Bank, the branch representative visits your home address or office to verify your documents and other procedures.
  • So you do not have to regularly visit the branch to apply for the Yes Bank Personal Loan.

Eligibility criteria for taking a personal loan

You should consider specific eligibility criteria before applying for a personal loan from Yes bank.

  1. Nationality: The loan applicant should be Indian. There is no eligibility for NRI candidates.
  2. Age Qualification: Yes Bank gives personnel with specific age qualifications. If the candidate wants to apply for the Personal Loan, their age is between 21 years to 67 years.
  3. Employments status: The loan applicant should be regular work status, whether self-employed or salaried.
  4. Experience of Work: The candidate is eligible for a personal loan only if he has a minimum of one year of working experience.

Required documents for Yes Bank Personal Loan:

Here we present the listed documents that are necessary to apply for a personal loan.

  • Passport Size Photographs
  • KYC
  • PAN Card
  • Address Proof
  • Candidate Identity proof
  • Driving License
  • Income proof if the loan applicant is salaried or self-employed


This article brings you information about the Yes Bank personal loan. We also give you detail about the required documents and eligibility criteria. Consider the points if you want to apply for a personal loan via Yes Bank.

Hope you gain all the information about the related topic.

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