Yes Bank - 9.00% for Home Loan - Resale Property Home Loan

Yes Bank Housing Loan 
Yes, the Bank is a large Private Bank with the lowest home loan percentage rate in India.

Currently, the bank offers home loans beginning from 9.00%-12.50% p.a.*

with quick approval. Home Loan In Yes Bank is quite popular with its special features and attractive rates under various.

Yes Bank home loan schemes for different income and occupation groups.

Interest Rate

9.00%-12.50% p.a.*

Loan Amount

Rs 10 lakh-Rs 10 crore loan loan

Loan Tenure

Up to 35 years processing

Processing Charges

Rs. 10,000 (whichever is higher) + GST

 

YES Bank Regular Housing Loan

Applicant Type

Interest Rate

Minimum Interest Rate

9.00% p.a.

Maximum Interest Rate

10.25% p.a.

 
YES Khushi Home Loan

Minimum Interest Rate

10.25% p.a.

Maximum Interest Rate

12.50% p.a.

 

Yes, Bank housing loan interest depends upon the:

1. Your Salary:

Income helps you identify your rate of interest.

The bank's rate varies with your monthly income. The higher the income, the lesser will be the rate

 

2. Type of loan opted for:

Yes, the Bank also offers differential rates for women borrowers and also under their fixed and floating rate schemes.

The rate of interest may be higher or lower under their special or popular loan product offers.

 

3. Existing bank customers:

Yes, the Bank offers one of the lowest home loan rates to its existing bank account customers given their past relationship with the bank.

 

Yes, Bank Home Loan Processing Fee and Other Charges:

In addition to interest rates, home loans from Yes Bank also carry some other charges which include:

 

Processing Fee -

Yes, the Bank applies processing charges to account for its expenses incurred for conducting a credit appraisal and completing the lending process.

 

Technical and Legal Charges -

Yes Bank also charges technical and legal charges which are explained to the customer during the loan process.

Once you go through the loan application process, you will need to pay these charges based on Yes Bank rules.

 

Prepayment Charges-

If you decide to foreclose or transfer your housing loan to another bank, you need to apply for the same to Yes Bank.

As per RBI rules, banks are not allowed to charge prepayment penalties on floating-rate home loans. Hence, you can prepay your home loan with Yes Bank at Nil charges.

 

Yes Bank Housing Loan:

Apply

Apply for an Yes Bank Home Loan easily on ApnaRupee.com – a channel partner for India’s top banks.
Our loan experts assist you throughout the process – from documentation to disbursal.
You can also compare Yes Bank rates with other banks before choosing the best deal for your home loan needs.

 

Yes, Bank Home Loan Documents:

For Salaried employees:

1. Fill up the loan application form.

2. Two passport-size photos.

3. ITR of last 2 years.

4. Identity Proof - Passport/ Driving License/ Voter ID/ PAN.

5. Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (up to 3 months old), Passport.

6. Income Documents – 6 months’ pay slip, 2 years Form 16, 6 months' bank statement showing salary credit, and any EMI debit.

7. Property Documents - Past title chain: Conveyance deed, Sales deed, Allotment letter, Possession letter, Latest property tax receipt, Copy of approved plan for construction/ extension.

 

For Self-Employed:

1. Fill up the loan application form.

2. Two passport-size photos.

3. Identity Proof - Passport/ Driving License/ Voter ID/ PAN.

4. Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (up to 3 months old), Passport.

5. Business proof such as VAT/ service tax registration, incorporation details in case of companies, business address proof, profit and loss account and balance sheets certified by CA, copy of partnership deed, and proof of business existence and business profile.

6. Property Documents - Past title chain: Conveyance deed, Sales deed, Allotment letter, Possession letter, Latest property tax receipt, Copy of approved plan for construction/ extension.

 

Home Loan Yes Bank Schemes:

1. Yes bank Home Purchase Loan:
Purpose: 

For the purchase of a new home or resale property

 
2. Self-construction Home Loan:
Purpose: 

For home construction or plot purchase and construction thereon

 
3. Yes Khushi Home Loans:
Purpose: 
This is an affordable housing loan scheme for applicants with minimal or no income proof, without any restrictions on job profile or industry.
Yes, Khushi Home Loan is provided for property areas starting from 200 sq. ft. onwards (including 1 RK or studio apartments or a big house).
This home loan scheme can also be used for availing of balance transfer and/or top-up home loan facilities.
 

Frequently Asked Questions:

Q. What are the documents required for a home loan from Yes Bank?

Ans. To apply for the Yes Bank home loan, you will be required to submit Yes Bank home loan documents such as a home application form with attested photographs along with various documents such as identity proof, bank documents, bank statements, property papers, and loan account statements if any.

 

 Q. Which is the best Yes bank home loan scheme?

Ans. Choosing the best Yes bank home loan scheme is subjective to the requirements of the home loan applicant.

For instance, there are different home loan offers for the purchase, construction, or renovation of a home.

Therefore choosing the best Yes bank home loan scheme is based on one’s needs.

 

Q. What is the eligibility for a home loan from Yes Bank?

Ans. The eligibility to avail of a home loan is set across the applicant’s age and income.

The age of the applicant should range between 18-70 years.

Further, the minimum income of the applicant should be Rs.25000 along with a good credit/credit score.