Yes Bank Personal Loan Interest Rates 2025

Factors Affecting YES BANK Personal Loan Interest Rates

1. Loan tenure - The tenure of a personal loan can have an impact on the interest rates charged by a bank and it is possible for loans with longer tenures to attract a lower interest rate compared to loans with shorter tenures.
2. Repayment capacity -The repayment capacity of an individual is a crucial factor when it comes to determining interest rates. Generally, those with a higher repayment capacity will be charged a lower rate of interest.
3. Relationship with YES BANK - Individuals having a good relationship with YES BANK could be in a position to lower their interest rates, on the basis of their past behaviour and personal standing. It is possible for banks to lower interest rates for esteemed customers who have displayed a commitment to their payments in the past.
4. Employment details - Interest rates can vary according to the profession of a borrower. It is possible for salaried borrowers to get a lower interest rate compared to self-employed borrowers, thanks to them having a steady source of income. Borrowers with an unstable job history might not always have a steady income source and could end up paying a higher interest rate as the bank could view them as risky prospects.
5. Age - It is possible for banks to vary their interest rates depending on the age of a borrower as senior citizens (>60 years) might be charged a lower interest compared to youngsters (<30 years).
6. CIBIL score: Your CIBIL score helps the lender assess how likely you are to repay your loan, without defaulting on repayments. Individuals with a good credit score of over 700 will usually be offered a lower rate of interest. Those with low CIBIL scores may be charged a high interest, even if their loan application is approved.

Additional Charges on Yes Bank Personal Loans

1. Duplicate No Due Certificate/No Objection Certificate: Rs.250 per event
2. Stamp duty charges: As applicable
3. Cheque swapping charges: Rs.750 per event plus taxes
4. Cheque bouncing charges: Rs.750 per cheque bounce plus taxes
5. Loan cancellation or rebooking charges: Rs.1,000 plus taxes
6. Legal charges: At actual
7. Statement of account charges: Rs.750 per schedule
8. Duplicate repayment schedule charges: Rs.750 per schedule

Example: EMI Calculation for Yes Bank Personal Loan

The examples mentioned below will give you a better understanding of how your loan repayments will work when you borrow a personal loan from YES BANK.

Example 1: Manisha, a graphic designer, earns a salary of Rs.50,000 per month. She wants to borrow a personal loan of Rs.1 lakh from Yes Bank. She chooses a tenure of 5 years to repay the loan at an interest rate starting from 11.25% p.a. Her loan repayment structure will be as follows:

In Manisha's case, her monthly EMI will be Rs.2,187. The total interest that she will be paying over the course of the loan repayment term will be Rs.30,425. The total repayment amount will be Rs.1,31,204.

Example 2: Dan works as a teacher in a leading international school in Delhi. He wants to take a personal loan of Rs.5 lakh to make his travel dreams come true. He chooses a loan tenure of 3 years with interest rates starting at 11.25% per annum. His loan repayment details are given below:

Dan will pay a monthly EMI of Rs.3,286 over the course of 3 years. He will be paying a total interest of Rs.18,286. His total repayment amount will be Rs.5,18,286.

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