Yes Bank Personal Loan Interest Rates

Salaried Self-Employed
Interest rate Minimum of 14% p.a. Minimum of 14% p.a.
Loan Amount Minimum: Rs.2 lakh Maximum: Rs.20 lakh Minimum: Rs.2 lakh Maximum: Rs.20 lakh
Loan Tenure Minimum: 12 months Maximum: 60 months Minimum: 12 months Maximum: 60 months
Lowest EMI Rs.4,654 p.m. (Calculated for the minimum loan amount for the longest tenure allowed at the lowest interest rate available) Rs.4,654 p.m. (Calculated for the minimum loan amount for the longest tenure allowed at the lowest interest rate available)
Processing Fee NA NA
Prepayment Charges No charges. But prepayment allowed only after 12 months. Part prepayments allowed: 20% for 12 – 24 months 20% for 24 – 36 months 25% for 36 – 48 months 25% for 48 – 60 months No charges. But prepayment allowed only after 12 months. Part prepayments allowed: 20% for 12 – 24 months 20% for 24 – 36 months 25% for 36 – 48 months 25% for 48 – 60 months
Foreclosure Charges Foreclosure is allowed only post repayment of 12 EMI’s Within 12 to 24 months: 4% Within 24 to 36 Months: 3% Within 36 to 48 Months: 2% After 48 Months: No charge Foreclosure is allowed only post repayment of 12 EMI’s Within 12 to 24 months: 4% Within 24 to 36 Months: 3% Within 36 to 48 Months: 2% After 48 Months: No charge