YES Bank Frequently Asked Questions(FAQ)
What are the advantages of Yes Bank Personal Loan?
The advantages of applying for a Yes Bank personal loan in Bangalore are:
- Quick documentation process with 100% transparency
- No collateral security needed
- Hassle free application procedures and quick approvals of personal loans
- Flexible loan tenure that makes it comfortable for you to payback at a convenient time
- Highly competitive interest rates
- Applying for a Yes Bank personal loans hardly requires no time with flexible options
Can I apply for a Yes Bank personal loan online?
Yes, its easy to apply Yes Bank Personal Loan online. Just provide your basic information by filling a simple form in our website, based on your information our team will check your eligibility and inform you about your loan process within 5 minutes.
How can I check my Yes Bank Personal loan status?
Customers can check their personal loan status any time by getting in touch with our dedicated customer representatives of our company. Click here to check the status of yes bank personal loan.
Where can I find the Yes Bank personal loan application form?
Applying for a personal loan with Yes Bank is very easy, as the customers need to go the Yes Bank Website. Select Branch Banking option, select Retail Banking-Loans and under this option select Personal Loans. Select the online application form and start applying for the personal loan.
How to find my Yes Bank personal loan statement online?
Customers can get their personal loan statement online easily, by paying an amount of Rs.750 per statement.
What are the pre-closure charges?
Pre-closure charges attract no extra charges provided all the EMIs are cleared by the customer.
How can I receive my Repayment Schedule?
Yes Bank can send the copy of the repayment schedule to the customer by a payment of Rs.750
How much should I pay for NOC?
Customers will have to pay an amount of Rs.750 to the Bank.
Can I postpone/reschedule my EMI payments?
Yes, provided the customers will need to intimate the bank of the change. However, any changes may attract some charges by the bank.
Should I pay extra to change the installment date?
Yes, the bank may charge extra for changing the loan payment date.
Penalty charges of late EMI?
Customers will be charged a penalty of 24% per annum on the outstanding EMI amount.
How much personal loan does Yes Bank offer?
Customers can avail personal loans from Yes Bank ranging from Rs.2 Lakhs to Rs.20 Lakhs depending on their requirement and eligibility.
Is collateral security/guarantor required?
No, Yes Bank personal loan doesn’t require any guarantor or collateral security.
Does Yes Bank permit pre-payment of my personal loan?
Yes, pre-payment of a personal loan is permitted by Yes BANK, subjected to certain terms and conditions.
Prepayment charges of my Yes Bank personal loan?
Prepayment charges are not applicable, provided the borrower has paid more than 12 EMIs, however a fee equivalent to 4% of the outstanding principle is charged by the bank.
Does Yes Bank allow part payment of my personal loan?
No, there is no part payment allowed by the bank.