Bank
Yes Bank

YES BANK, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its top management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.

About Home Loan

YES BANK provides wide-ranging solutions to customers for financing the purchase of residential property. Our Home Loan Eligibility Calculator enables you to view the types of home loans you are eligible for. As all banks and financial institutions have different criteria or specifications, it is important that you first check which ones you qualify for. Our calculator informs you about the eligibility criteria, repayment options, types of interest rates, etc. eventually helping you in selecting higher loan amounts at lower EMIs, i.e. LMIs.

Eligibility Criteria

  • Please refer bank’s specific website for eligibility criteria.

Documents Required

  • Duly signed and filled application form
  • Passport-size photograph
  • Statements of investments, if any
  • Copy of plan approved for the proposed construction/extension
  • Cost estimation or valuation report from the bank's (or finance company's) panel CA
  • Allotment letter of housing board/NOC of the society/builder etc.
  • Bank statement and salary slips

      In addition to these, you will have to also submit the following documents:

  • Identity and signature proof- Passport, Pan card, Driving License, Voter ID card, Aadhar card, employee identity card in case of government employees.
  • Address Proof- Bank statement, Rent Agreement, Voter ID card, Ration card, Passport, Driving License, telephone/electricity/water/credit card bill or Property tax.
  • Age Proof- Voter ID card, Secondary school leaving certificate (class 10), birth certificate, Passport, Aadhar Card, pension payment order or receipt of LIC policy.

Do's and Don'ts

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence<
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.

Don'ts

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
  • Don’t transfer checking or savings balances from one account to another

About Personal Loan

Looking for an easy solution to fulfill your need for extra funds? With quick and easy Personal loans from YES BANK, you can now go ahead and treat your loved ones to that long awaited holiday abroad or give your home a makeover. YES BANK Personal Loans allow you to fulfill your personal requirements instantly.

Eligibility Criteria

  • Please refer bank’s specific website for eligibility criteria.

Documents Required

  • Proof of identity, age, address and Signature
  • Salary slips of the last 3 months and IT Returns for the last 2 years
  • Bank Statement of salary account for the last 6 months

Do's and Don'ts

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.
  • Don'ts
  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
  • Don’t transfer checking or savings balances from one account to another

About Car Loan

Say YES to your BIG dream … Owning a Luxury Car is now easy…… introducing YES BANK Car Loans that would change your dreams to reality. YES BANK offers unique car loan solutions that promises a Transparent and Hassle Free ride to own your Dream Vehicle.

Eligibility Criteria

  • Please refer bank’s specific website for eligibility criteria.

Documents Required

Pre-Approval Documents

  • Duly filled up application form
  • Latest Photograph
  • KYC Docs as per Yes Bank Ltd Policy
  • Income Proof
  • Bank Statement
  • Signature proof verification
  • Proforma Invoice

      Post-Approval / Pre Disbursement Documents

  • Loan Agreement duly signed with RTO set
  • Post Dated Cheques (PDCs) / ECS Form / Standing Instruction(SI) Request with security PDCs as applicable
  • Margin Money Receipt

Do's and Don'ts

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence<
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.<

Don'ts

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
  • Don’t transfer checking or savings balances from one account to another

About Loan Against Property

YES BANK introduces Loan Against Property (LAP). Unleash the power of your property to fulfill your dreams.

Eligibility Criteria

  • Please refer bank’s specific website for eligibility criteria.

Documents Required

  • Proof of Identity and Signature
  • Proof of Address (Office & Residence)
  • Income Documents:
    • Salaried: Latest 2 salary slips and last 2 years IT Returns / Form 16
    • Self Employed Professionals: Last 2 years IT Returns with computation of income, audited Balance Sheet and Profit & Loss account including tax audit report if applicable and proof of turnover vide latest sales / service tax returns
    • Self Employed Businessmen / Retail SME Enterprises: Last 2 years IT Returns with computation of income, audited Balance Sheet and Profit & Loss account including tax audit report if applicable and proof of turnover vide latest sales / service tax returns
  • Last 6 months bank statement of salary / main operating bank account
  • Details of all existing loans
  • Additional Documents in case of Partnership Firms: Partnership Deed
  • Additional Documents in case of Private / Public Limited Company:Memorandum& Article of Association and List of Directors & Shareholders
  • Copies of all property documents

Do's and Don'ts

Do’s

  • Make your mortgage or rent payments on time
  • Stay current on all existing accounts
  • Continue to work for the same employer
  • Continue living at your current residence<
  • Keep credit card balances at or below 40% of credit limits
  • Call us before doing anything regarding your employment, credit cards or assets.<

Don'ts

  • Don’t make a major purchase (car, boat, etc.)
  • Don’t apply for new credit or loans of any kind
  • Don’t change bank accounts or banks unless advised
  • Don’t consolidate your debt into fewer accounts
  • Don’t Deposit cash or non-traceable funds
  • Don’t close credit card accounts
  • Don’t borrow money
  • Don’t transfer checking or savings balances from one account to another