Yes Bank Personal Loan Comes with Great Customer Care Service
Yes Bank offers personal loans at an interest rate of up to Rs. 40 lakhs beginning at 10.99 percent p.a. Both salaried and self-employed individuals may use these collateral-free loans from the bank to fund a variety of personal expenses. Read this post to learn the main details on Yes Bank Personal Loan.
Yes Bank offers personal loan interest rates starting at 10.99 percent p.a. Yes Bank charges a processing fee of up to 2.50 percent of the loan amount, subject to a minimum charge of Rs.999. Yes bank personal loans may be borrowed by both salaried and self-employed residents. The minimum loan tenure is 12 months, and the maximum loan tenure is 60 months. You can borrow a personal loan from Yes Bank to pay for medical costs, debt restructuring, buy devices or appliances, etc.
| Particulars | Details |
| Interest Rate | 10.99% p.a. onwards |
| Processing Fee | Up to 2.50%, subject to a minimum charge of Rs.999 |
| Loan Tenure | 12 months to 60 months |
| Loan Amount | Up to Rs.40 lakh |
| Employment Status | Salaried employees and self-employed professionals |
| Credit Score | Ideal score – Over 700 |
| Lowest EMI per Lakh | Rs.2,174* |
| Foreclosure Charges | Up to 4% of the outstanding principal |
| Overdue EMI Payment Charge | 24% p.a. on the outstanding amount |
Factors Influencing Yes Bank Personal Loan Interest Rates
- Loan Period– The interest rates paid by the bank can be influenced by personal loan tenure and loans with longer tenures can earn a lower interest rate compared to loans with shorter tenures.
- Repayment Capacity– When it comes to deciding interest rates, a person’s repayment capacity is a vital factor. A lower rate of interest would typically be charged to those with a higher redemption potential.
- YES Bank Relationship– Individuals with a strong YES Bank relationship will be able to lower their interest rates based on their previous behavior and personal status. For esteemed clients who have demonstrated a commitment to their payments in the past, banks may reduce interest rates.
- Employment information: Interest rates can differ depending on the borrower’s occupation. As a consequence of having a steady stream of revenue, salaried borrowers will get a lower interest rate relative to self-employed borrowers. For borrowers with inconsistent work history, there may not always be a reliable source of income and they may end up paying a higher interest rate because they may be seen as risky by the bank.
- Age: Banks may vary their interest rates based on a borrower’s age, as senior citizens (>60 years) may be paying a lower interest compared to young people (<30 years).
- CIBIL score: The CIBIL score helps the lender to determine without defaulting on repayments how likely you are to repay the loan. A lower rate of interest will typically be granted to individuals with a high credit score of over 700. Many with low CIBIL scores can be paying a high-interest rate, even though their loan request is accepted.
Yes Bank Personal Loan Charges
Some of the main charges associated with a personal loan from Yes Bank include the following:
| Loan Processing Fees | Up to 2.5% of the loan amount subject to a minimum of Rs. 999 |
| Foreclosure Charges (allowed after 12 EMI payouts) | Between 13-24 months – 4% of Principal Outstanding
Between 25-36 months- 3% of Principal Outstanding Between 37-48 months- 2% of Principal Outstanding More than 48 months- NIL |
| Part Pre-payment Charges (allowed after 12 EMI payouts) | 2% + applicable taxes on part prepayment amount repaid |
| Duplicate No Dues Certificate / No Objection Certificate (NOC) | Rs. 250 per event |
| Charges for late payment of EMI | 24% per annum on the amount outstanding from the date of default |
| Stamp duty and other statutory charges | As per applicable state laws |
| Cheque swapping charges | Rs. 750 each time + taxes |
| Cheque bounce charges | Rs. 750 per instance + taxes |
| Loan cancellation*/ Rebooking charges | Rs. 1000 + taxes |
| Legal/ incidental charges | At actual |
| Duplicate repayment schedule charges | Rs. 750 per instance |
| Statement of account charges | Rs. 750 per instance |
Yes Bank Credit Card Customer Service
You can contact YES Bank’s customer service center via any of these methods for all credit card related inquiries and complaints.
Toll-Free and Tolled Numbers of YES Bank Credit Card Customer Service
By dialing these numbers, get in contact with the bank via phone:
1800 103 6000 (toll-free number for YES FIRST Credit Cards and calls made within India)
Yes Bank Credit Card Helpline Numbers
Yes Bank Credit Card 24*7 Free of charge
1800 103 1212 (toll-free number for YES Prosperity Credit Cards and calls made within India)
+91 22 49350000 (calls made outside of India)
YES Bank Credit Card Enquiries
Here’s how you can solve them if you have any of these common inquiries.
- In a Card Fraud Case: Whether your card has been compromised or stolen, you will have to block your card immediately. If you are in India or +91 22 49350000 if you are abroad, you can do this by calling 18001031212.
You can also log in and block your credit card from your net banking account or your mobile application.
Another way to block your credit card is to do so via SMS in case it has been stolen or is missing. For SMS, the format is:
KSMS Details: BLKCC space last 4 digits of your credit card
Digit for SMS: +91 9840909000
Make sure you send this SMS from your registered mobile number.
If your card is blocked, you will have to contact the customer service center if your credit card has been blocked. They can ask you to either apply for a replacement card or they will unblock the card, depending on the reason for your card being blocked.
You will receive your replacement credit card within 7 business days of the date the replacement request is made.
Yes Bank Nodal Offices Contact Numbers
| Area | Centre | Contact Number & Email ID |
| Gujarat, Union Territories of Dadra and Nagar Haveli, and Daman and Diu | Ahmedabad | Phone: 079 30459101
Contact centre: 1800 1200 sharad.saraiya@yesbank.in |
| Karnataka | Bengaluru | Phone: 080 49157922
Contact centre: 1800 1200 vinodh.sarran@yesbank.in |
| Madhya Pradesh | Bhopal | Phone: 0755 6612002
Contact centre: 1800 1200 ankur.bansal2@yesbank.in |
| Odisha | Bhubaneshwar | Phone: 0674 2598012
Contact centre: 1800 1200 arunima.nanda@yesbank.in |
| Tamil Nadu, Union Territories of Puducherry (except Mahe Region), and Andaman and Nicobar Islands | Chennai | Phone: 044 66765000
Contact centre: 1800 1200 somesh.varman@yesbank.in |
| Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura | Guwahati | Phone: 0361 7187552
Contact centre: 1800 1200 arunima.nanda@yesbank.in |
| Andhra Pradesh and Telangana | Hyderabad | Phone: 040 42426900
Contact centre: 1800 1200 somesh.varman@yesbank.in |
| Rajasthan | Jaipur | Phone: 0141 3329136
Contact centre: 18001200 sharad.saraiya@yesbank.in |
| Uttar Pradesh (excluding Districts of Ghaziabad, Gautam Buddha Nagar, Saharanpur, Shamli (Prabudh Nagar), Muzaffarnagar, Baghpat, Meerut, Bijnor and Amroha (Jyotiba Phule Nagar) | Kanpur | Phone: 0512 6710139
Contact centre: 1800 1200 ankur.bansal2@yesbank.in |
| West Bengal and Sikkim | Kolkata | Phone: 033 405813684/40581300
Contact centre: 1800 1200 arunima.nanda@yesbank.in |
| Districts of Mumbai, Mumbai Suburban, and Thane | Mumbai (I) | Phone: 022 33574248
Contact centre: 1800 1200 taroon.shahani@uesbank.in |
| Delhi | New Delhi (I) | Phone: 011 49433455
Contact centre: 1800 1200 sunaina.gupta@yesbank.in |
| Bihar | Patna | Phone: 0612 3009003/ 02
Contact centre: 1800 1200 arunima.nanda@yesbank.in |
| Kerala, Union Territory of Lakshadweep, and Union Territory of Puducherry (only Mahe Region) | Thiruvananthapuram | Phone: 0484 2809828
Contact centre: 1800 1200 somesh.varman@yesbank.in |
| Jharkhand | Ranchi | Phone: 0651 2212711 / 713
Contact centre: 1800 2000 arunima.nanda@yesbank.in |
| State of Uttarakhand and seven districts of Western Uttar Pradesh namely, Saharanpur, Shamli (Prabudh Nagar), Muzaffarnagar, Baghpat, Meerut, Bijnor and Amroha (Jyotiba Phule Nagar) | Dehradun | Phone: 0135 3061056
Contact centre: 1800 2000 ankur.bansal2@yesbank.in |
| Chhattisgarh | Raipur | Phone: 0771 4210202
Contact centre: 1800 2000 ankur.bansal2@yesbank.in |
| State of Jammu and Kashmir | Jammu | Phone: 0191 2439871
Contact centre: 1800 2000 bhupinder.singh7@yesbank.in |
| Goa and Maharashtra, (except the districts of Mumbai, Mumbai Suburban, and Thane) | Mumbai (II) | Phone: 022 33574248
Contact centre: 1800 2000 taroon.shahani@uesbank.in |
Conclusion:
Lastly availing Yes Bank personal loan is much easier than you think due to its amazing customer care number. However, it is always advisable to thoroughly read and understand the lender’s discretion before applying for a loan.
