Yes bank understand the reason behind stopping you from buying new home that’s due to Lack of finance, therefore start providing Home loan at easy payable interest rate which will not affect your monthly expense. You can easily pay affordable EMI on monthly basis with flexible tenure period & make your dream of buying home come true without any burden.
Yes Bank Home Loan Features & Benefits
- You can avail min 1 lacs to maximum 35 lacs
- Below 1000 monthly earning individual are eligible
- Minimal Documentation
- Yes Bank home loan interest rate are most affordable
- No restriction on job profile & industry
- Smaller EMI lets reduce your Burden
- Attractive rate of interest with minimal processing fee
- Yes Bank offer Home Loan Balance Transfer facility
Yes Bank Various types of Home Loans
Home Purchase Loan:-
Yes Bank home purchase loan allows to take get loan for purchasing new home or property at easy payable interest rate.
Home Improvement Loan:-
Are you planning to renovate or redesign your existing home, then avail yes bank home improvement loan facility to execute your planning into reality that too no worry of finance as they are always ready to provide you at zero restriction.
Yes Bank self-construction Loan give the opportunity to purchase of plot to construct or if you already own a plot you can borrow for self-construction. Get attractive interest rate with flexible tenure period.
Home Loan Top-up:-
Already availed housing loan, but feel insufficient to fulfill your needs, let keep your worries aside when yes bank offers you home loan top up facility to avail extra loan amount on same pledged property with lowest interest rate.
Home Loan Balance Transfer:-
Do you felt that you are paying higher interest rate on your existing home loan, then switch to home loan balance transfer. Yes bank home loan interest rate is the lowest one as compared to various banks & other housing finance companies.
|Yes Bank Home Loan Floating||8.95%Onwards|
|Yes Bank Khushi Home Loan||10.25% Onwards|
Also Read:-Pradhan Mantri Mudra Loan Yojana
Yes Bank Home Loan Interest Rate & Processing Fees
|Processing Fees||0.25% to 0.50% + GST|
|Interest Rate||6.70% Onwards|
Type of Other Charges by Yes Bank Home Loan
Loan processing charges: - For below 50 lakh loan amount 0.50% will be charged
For above 50 lakh loan amount 0.25% will be charged as a processing fee.
Deviation Charged: - Min 1000 – Max 5000 will be charged per deviation
Modification Charges: - For below 1 Crore Rs 5000/- will be charged.
Above Rs. 1 Crore & up to Rs. 10 Crore: Rs. 15,000
Above Rs. 10 Crore: Rs. 25,000
Yes Bank Home Loan Eligibility
Both salaried & self-employed can apply for housing loan, yes bank provide home loan for resident of India & NRI also. Even you can apply for yes bank home loan by meeting some eligibility criteria as given below:-
|Age||23 – 60 years|
|Employment Type||Salaried and Self-employed professional and non-professional|
|Minimum Salary for Salaried||Rs.25,000 per month|
|Minimum Salary for Non-Salaried||Rs.4 lakh per annum|
Yes Bank Home Loan Eligibility Criteria for Salaried:-
- Applicant must be resident of India
- Applicant age should be in-between 23 to 60 years
Yes Bank Home Loan Eligibility Criteria for Professional:-
- Applicant age should be in-between 23 – 60 years
- Doctor, CA, Architect, Lawyers, Consultant, Engineer & CS can apply for Home Loan on Professional category.
Yes Bank Home Loan Eligibility Criteria for Self-Employed:-
- Any individual filling income tax returns are eligible
- Maintain good financial records
- Minimum 2 years of existing business
Also Read:-Project Report for Bank Loan
Yes Bank Home Loan Documents Required
Salaried & Self-employed are required to provide any one of the following for identity proof: -
- Aadhaar Card
- Driving License
- Election/ Voter ID Card
- PAN Card
Salaried & Self-employed are required to provide any one of the following for residence proof: -
- Aadhaar Card
- Driving License
- Election/ Voter’s ID Card
- Bank Account or Post Office Savings Bank Account statement
Salaried & Self-employed are required to provide any one of the following for Age proof: -
- Aadhar Card
- Valid Passport
- Voter ID
- Birth Certificate
Salaried & Self-employed are required to provide any one of the following for Income proof: -
- Latest 6 months bank statement
- Income tax returns or form 16
Salaried & Self-employed are required to provide below mentioned mandatory documents: -
- Proper filled loan application with 2 colored passport size photographs
- Processing cheque fee in favour of the bank
How to apply for Yes Bank Home Loan Online?
Step 1 - You can apply for Yes Bank home loan through visiting their website Yes Bank.in or visit the nearest Yes Bank branch.
Step 2 - Before that check your eligibility criteria meet well or not from your end to avoid loan rejection. If yes you may download home loan application form by online or collect it from nearest branch bank.
Step 3- Fill the required details of your personal & occupational & attach KYC & mandatory documents. Note: - Check twice before submitting the loan application.
Step 4 – Once your loan application approved then, you will need to provide property documents upon which you are taking the loan for further legal review & evaluation of property.
Step 5 – After evaluation done on property, shortly your loan approval take place where your loan sanctioned then, loan amount will be credited to your respective account.
Also Read:-Used Car Loan Interest Rate
Yes Bank Home Loan FAQ
Does Yes Bank Home Loan Interest Rate are high or low?
Absolutely, yes bank home loan interest rates are very lowest as it charges 8.95% among comparing other banks & housing finance companies. Not only yes bank offering lowest interest rates but also minimal processing fee & longest tenure period to pay back loan amount.
How is Yes Bank Home Loan?
Yes bank comes under Top private banks in India, established in 2004. You can avail yes bank home loan as they offer attractive interest rates, flexible tenure, lowest processing fee & other exclusive features.
How to check Yes Bank Home Loan Status?
You can check your yes bank home loan status by contacting customer support 1800 2000 or visiting their official site –home loan- track home loan status- check by entering your application reference number & mobile number.
Is Yes Bank safe for Home Loan?
Yes bank is totally safe & secure as it’s one of the popular banks among other. Yes bank home loan come-up with several exclusive features for home buyers, through PMAY scheme you can avail home loan with subsidy on interest with lowest rates like other features.
How much EMI do I have to pay?
To know how much EMI is allocated to your borrowed amount, firstly you need to calculate. Use Yes Bank Home Loan Calculator to get your monthly scheduled EMI & timely its remaining principal amount.
What is yes Bank Home Loan customer care number?
You can contact yes bank home loan customer care at 1800-419-1717 (24*7) available
What is the difference between kotak Bank & Yes Bank Home Loan Interest Rate?
Both kotak bank & yes bank are popular at providing home loan services, kotak bank interest rate starting from 6.65% while yes bank interest rate is 8.95% onwards.
What is the maximum tenure provided by yes Bank Home Loan?
Yes bank home loan provides maximum tenure up to 30 years of repayment period to payback the principal loan amount.
Yes Bank Home Loan Customer Care Number
For further details on the product please SMS YES HL to 9552220020 or call us at 1800-419-1717
Emai them your query firstname.lastname@example.org.
Call Us - Outside India
+91 22 4935 0000 (From Outside India)
1833 380 0149 (USA)
1833 491 0559 (CANADA)
800 048 9153 (UK)
8000 3570 2510 (UAE)
Apply Now:- Used Car Loan